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Michael Lebowitz
Here's Why the Petrodollar Isn't Going Anywhere By Michael Lebowitz - Jul 06, 2024 22

Recently, a few media outlets have warned of the imminent demise of the petrodollar agreement, commonly called the petrodollar. With such narratives comes investor anxiety. Consider the following...

Octa
Gold Declines, Euro Rises as Traders Await NFP Data By Octa - Jul 05, 2024

The NFP Report Will Define the Gold Trend After the sharp rise on Wednesday, the gold (XAU) price declined by 0.03% on Thursday and consolidated within the $2,350–$2,360 range. Traders are eagerly...

Ipek Ozkardeskaya
Euro and Pound Up, US Dollar Down Ahead of US Jobs Data By Ipek Ozkardeskaya - Jul 05, 2024 1

The UK’s Labour Party is set to win a highly anticipated landslide victory in the general election. Cable is at 1.2780, and the FTSE Futures are pointing at a positive start to the session. With the...

Octa
Gold, Euro Rise on Soft US Economic Data By Octa - Jul 04, 2024

Gold Rose by Over 1% on Soft US Economic Data Yesterday, XAU/USD broke above the resistance level of 2,340 and gained 1.14% as news and US reports bolstered investor hopes for an imminent interest...

Egor Schmidt
De-Dollarization: A Far-Fetched Reality? By Egor Schmidt - Jul 03, 2024

In recent years, the financial world has increasingly been marked by discussions surrounding "de-dollarization." This term denotes the strategic efforts by various nations to diminish their reliance...

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