Investing.com – The U.S. dollar edged lower in early European trade Friday, on course to end a six-week winning streak ahead of the release of the highly-anticipated monthly U.S. jobs report. At 03:15 ET (07:15 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.1% lower at 103.544,
Share: European Central Bank President Christine Lagarde spoke at the Jackson Hole Symposium. In her speech, she mentioned that the fight against inflation “is not yet won.” She emphasized the importance of central banks providing a nominal anchor for the economy and ensuring price stability. Lagarde stated that this entails setting interest rates
Energy transition and climate change is triggering profound transformations in energy markets We are seeing profound changes in the labour market and the nature of work If we face both higher investment needs and greater supply constraints, we are likely to see stronger price pressures We need to set rates at sufficiently restrictive levels for
A forecast for a much higher BTC price from ‘Panetra Capital’. “Bitcoin has historically bottomed 477 days prior to the halving, climbed leading into it, and then exploded to the upside afterwards,” “The post-halving rallies have averaged 480 days – from the halving to the peak of that next bull cycle.” Thus BTC should have
© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration By Hannah Lang WASHINGTON (Reuters) – The dollar was flat on Friday but set for a fifth consecutive week of gains in its longest winning streak for 15 months, buoyed by demand for
Share: EUR/JPY dropped near 158.00, still trading in cycle highs. After two consecutive weeks of gains, the cross will close a weekly decline of 0.30%. The Japanese National CPI from July came in higher than expected. On Friday, the JPY traded strongly against most of its rivals, making the EUR/JPY cross retreat to
News FilterFor the MT4 version it will use economic news calendar from the web https://ec.forexprostools.com . DST (Daylight Saving Time) and GMT Offset are calculated automatically.The MT5 version will use the economic news calendar built in from the MT5 terminal.News filter will stop all adding new positions, and will only close positions when the profit target is
Share: US crude oil benchmark, WTI, rises for the third consecutive day, trading at $83.48, up by 0.80%. Oil demand is predicted to grow by 2.25 million bpd in 2024, down from 2024’s 2.44 million bpd, according to OPEC+. Weakness in China’s economy could dent oil demand. Western Texas Intermediate (WTI), the US