Monthly Archives: August, 2024
What Is the Safest Forex to Trade?
Jennifer -
The foreign exchange (forex) market is the largest and most liquid financial market in the world, offering a range of opportunities for traders. However,...
How to Trade Without Stop Loss in Forex?
Jennifer -
Trading in the Forex market without using a stop loss is a high-risk strategy that requires a thorough understanding of market dynamics, risk management,...
Is CHF Stronger Than USD?
Jennifer -
The strength of a currency is a critical factor in international finance, impacting trade, investment, and economic stability. The Swiss Franc (CHF) and the...
AUD/CAD Continues Downward Trend: Forecast for August 1, 2024
Jennifer -
The AUD/CAD currency pair remains under bearish pressure, as evidenced by recent trading activity. The pair has consistently closed below the 0.9082 mark, indicating...
OPEC+ Likely to Maintain Output Policy Amid Oil Price Declines
Jennifer -
On Thursday, OPEC+ ministers are set to meet to review their oil production policy, with expectations leaning towards maintaining the current strategy. Despite recent...
Oil Rises on Risk of Broadening Middle East Conflict
Jennifer -
Oil prices saw an increase on Thursday, extending gains from the previous session due to heightened geopolitical tensions in the Middle East. The killing...
Bitcoin Price Falls to $63k as Fed Rate Cut Talk Sparks Stock Rally
Jennifer -
Bitcoin experienced a decline on Thursday, dropping to $63,599.5 earlier in the day before stabilizing around $64,256.2 by 02:01 ET, representing a 2.9% drop...
Volkswagen Shares Tumble as Cost-Cutting Extended
Jennifer -
Volkswagen (ETR) shares fell on Thursday following the announcement that its cost-cutting period will extend beyond the second half of 2024. The company is...
LSEG First-Half Income Rises 5.4%, Progress on Microsoft Joint Venture
Jennifer -
The London Stock Exchange Group (LSEG) reported a notable increase in its first-half income on Thursday, surpassing analysts' expectations. This growth was driven by...
Rolls-Royce Shares Hit Record High on Dividend Reinstatement and Upgraded Profit Outlook
Jennifer -
Rolls-Royce (LON) shares soared to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded profit guidance for...
Shell Beats Forecasts with $6.3 Billion Q2 Profit
Jennifer -
Shell reported a second-quarter profit of $6.3 billion, marking a 19% decrease from the previous quarter. Despite weaker refining margins and oil and gas...
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