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Wednesday, July 24, 2024

European Markets Wrap-Up: Crude Oil Technical Analysis – We are at a key support

Crude Oil Technical Analysis – We are at a key support

Fundamental Overview Crude oil has been under sustained pressure since the beginning of July. Things got even worse as Trump's odds of winning soared after the failed assassination attempt. He is a gr... 

tranche

BOJ rate hike next week reportedly to be a "close call"

The decision on whether to hike rates will be a "close call" and a "hard one to make", according to one of the sources. Another said that it will be more of a "judgment call" in terms of whether to ac... 

The ECB wants to cut rates further but it still hasn't gotten the green light yet

But alas, the ECB has to keep their focus on inflation pressures first and foremost. If growth expectations were the main argument, there would be a strong reason to push with a rate cut in September... 

AUDUSD Technical Analysis – We are at a key support zone

Fundamental Overview The USD has been rallying steadily against the major currencies since last Wednesday, although it's unclear what has been behind the move. From the monetary policy perspective, no... 

Biden's Exit Fuels Bitcoin Surge Amid Trump Re-Election Talk

Trump supports crypto, attracting votes from the sector Bitcoin (BTC) is on the cusp of significant price movements due to two major catalysts: the launch of new Ethereum ETFs and the evolving po... 

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Latest Forex Orders

FX option expiries for 24 July 10am New York cut

There are a couple to take note of, as highlighted in bold . However, they may not feature too much into play given the state of play in major currencies this week. The first one being for USD/JPY at... 

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