Author: FX

By Lucinda Elliott MONTEVIDEO/TREINTA Y TRES (Reuters) -Voters in Uruguay, known for its beaches, legalized marijuana and stability, went to the polls on Sunday in an election race between moderates that contrasted with the polarized politics in many other Latin American countries. The nation of 3.4 million was voting for its next president and lawmakers, with pollsters predicting a run-off will likely be needed in November. The country will also decide on a referendum on pension reform that would lower the retirement age by five years to 60 and another that would boost police powers to fight drug-related crime. But…

U.Today – In anticipation of the potential next major breakout is steadily rising toward the $72,000 mark. After successfully breaking through the upper limit of its prior declining channel Bitcoin has maintained its position above this level, which is encouraging and may signal additional upward momentum. By holding support above the upper limit of the long-standing descending price channel that characterized a large portion of its recent movement Bitcoin has demonstrated its resilience in the current price action. This move above earlier resistance might now serve as a level of support possibly creating the framework for an ongoing upward trend.…

Weeks of speculating about how Israel would respond to Iran’s attacks had markets worried about strikes on energy infrastructure or something that would spark a broader war.Instead, the attacks look to be measured and US President Biden immediately called for a halt to escalation.Reports from Iran say the attacks caused only limited damage and Supreme Leader Ayatollah Ali Khamenei didn’t sound eager for a further fight, though the comments certainly didn’t rule it out.”The evil committed by the Zionist regime (Israel) two nights ago should neither be downplayed nor exaggerated”, IRNA cited Khamenei as saying.The Iranian Foreign Ministry said Iran…

(This Oct. 26 story has been corrected to show Leonardo Maria Del Vecchio is being investigated and is not under house arrest and deletes sentence with allegation details in paragraphs 1 and 5) By Emilio Parodi MILAN (Reuters) – Italian police have placed four people under house arrest as part of a probe into alleged illegal access to state databases, and are investigating dozens, including Leonardo Maria Del Vecchio, son of the late billionaire founder of Luxottica, a source said on Saturday. A lawyer for Leonardo Maria Del Vecchio said he was “eagerly awaiting the completion of preliminary investigations to…

UPCOMING EVENTS:Tuesday: Japan Unemployment Rate, US Job Openings, US Consumer Confidence.Wednesday: UK Budget, Australia Q3 CPI, Germany CPI, Eurozone Q3 GDP, US ADP, US Q3 GDP.Thursday: Japan Industrial Production and Retail Sales, Australia Retail Sales, China PMIs, BoJ Policy Decision, Switzerland Retail Sales, French CPI, Eurozone Flash CPI, Eurozone Unemployment Rate, Canada GDP, US PCE, US Jobless Claims, US ECI.Friday: Australia PPI, China Caixin Manufacturing PMI, Switzerland CPI, Switzerland Manufacturing PMI, US NFP, Canada Manufacturing PMI, US ISM Manufacturing PM.TuesdayThe US Job Openings is expected at 7.990M vs. 8.040M prior. The last report surprised to the upside with the quits…

By Jonathan Landay WASHINGTON (Reuters) -An American researcher said an Israeli airstrike on Saturday hit a building that was part of Iran’s defunct nuclear weapons development program, and he and another researcher said facilities used to mix solid fuel for missiles also were struck. The assessments based on commercial satellite imagery were reached separately by David Albright, a former U.N. weapons inspector, and Decker Eveleth, an associate research analyst at CNA, a Washington think tank. They told Reuters that Israel struck buildings in Parchin, a massive military complex near Tehran. Israel also hit Khojir, according to Eveleth, a sprawling missile…

The Pama Ganngrid MT4 Indicator is a custom tool designed for the ever-popular MetaTrader 4 (MT4) trading platform. At its core, it harnesses the power of the Gann Theory, a technical analysis framework developed by the enigmatic W.D. Gann, a legendary trader from the early 20th century. Gann’s theories, though often shrouded in a veil of mysticism, revolved around the concept of identifying recurring geometrical patterns in price movements. The Pama Ganngrid builds upon this foundation by automating the creation of Gann grids, which are essentially a series of angled lines superimposed on the price chart. These lines represent potential…

The ADR Order Block Finder and No Repaint Forex Trading Strategy is a powerful tool that combines the concepts of volatility analysis and price action trading to enhance trading performance in the forex market. By leveraging the Average Daily Range (ADR), this strategy enables traders to identify key order blocks areas where significant buying or selling pressure has occurred. Recognizing these order blocks can help traders anticipate potential reversals or breakouts, thus making more informed trading decisions. Central to this strategy is the ADR, which measures the average price movement of a currency pair over a specific time frame. Understanding…

By Felix Light and Lucy Papachristou TBILISI (Reuters) -Georgia’s most powerful man won a parliamentary election on Saturday, according to early official results, but the opposition called on the ruling party to admit defeat and allow the South Caucasus country to move closer to the European Union. Georgian Dream’s billionaire founder Bidzina Ivanishvili, the opposition, and foreign diplomats had cast the election as a watershed moment that would decide if Georgia moves closer to the West or leans back towards Russia amid the war in Ukraine. Early official results with 70% of precincts counted, showed the ruling party had won…

BRASILIA (Reuters) – Brazil’s environmental protection agency IBAMA has imposed 365 million reais ($64 million) in fines on cattle ranches and meat packers, including the world’s largest JBS SA (OTC:), for raising or buying cattle on illegally deforested land in the Amazon (NASDAQ:). IBAMA said on it had identified 69 properties that had sold 18,000 head of cattle raised on deforested land, and 23 meat packing companies that bought the cattle in the states of Para and Amazonas. The enforcement operation was aimed at curbing deforestation in the Amazon by monitoring the chain that produces or sells cattle from illegally…