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The EUR/USD ended Friday with losses of 0.10% but the week finished on a higher note up 0.51% as risk appetite deteriorated amid growing speculation the Federal Reserve would pause its easing cycle next month. Nevertheless, the pair closed above the 1.1600 figure, paving the way for further upside.Euro ends slightly lower Friday but posts weekly gains, supported by mixed Fed signals and steady Eurozone growthSince Wednesday, the majority of Federal Reserve officials remained hawkish. Regional Fed bank presidents, led by Beth Hammack, Raphael Bostic, Alberto Musalem, Susan Collins, Neel Kashkari and Jeffrey Schmid favored a modestly restrictive monetary policy,On…
Lone Nvidia bear Jay Goldberg shares why he’s still not a buyer of the AI superstock.
Easy trades that pay well How to Identify and Trade a Liquidating Market Easy trades that pay well A liquidating market occurs when traders are focused on exiting positions and not adding new ones. Instead of fresh buying or selling to build positions, the dominant flow consists of participants rushing to get out, creating sharp, often relentless price moves. In today’s environment, this behavior has been especially visible in U.S. equities, including the NASDAQ 100. After reaching record highs fueled by AI enthusiasm, tech-sector strength, and expectations of a December Fed rate cut, sentiment shifted quickly. Concerns about stretched…
“I am not listed on his bank accounts.”
GBP/USD caught a brief bullish slant to Thursday’s trading window, with Cable traders brushing off a worse-than-expected Gross Domestic Product (GDP) growth print from the third quarter. However, late-day flows turned sour after reports broke that UK Prime Minister Keir Starmer is poised to cancel a batch of planned tax increases intended to help bolster the UK’s questionable financial position.With the US government set to reopen, at least temporarily, markets are now looking ahead to the resumption of critical economic dataset releases. US White House officials toyed with the idea of declaring entire batches of inflation and growth data as…
Most other analysts will be moving their price targets in the opposite direction.
The Indian Rupee (INR) ticks lower against the US Dollar (USD) at open on Thursday. The USD/INR pair edges up to near 88.50 as the Indian Rupee is expected to face significant pressure due to growing expectations that the Reserve Bank of India (RBI) could loosen monetary policy conditions in the December policy meeting.RBI dovish speculation has intensified following the release of the retail Consumer Price Index (CPI) data for October, released on Wednesday. The report showed that retail inflation decelerated at a faster-than-expected pace to 0.25% on an annualized basis, driven by soft food prices and tax cuts in…
If you take investing advice from AI, it could cost you thousands. Here’s why.
Markets Surge as U.S. Government Shutdown Nears End Stock Market Facts The end to the stalemate in the U.S. Senate and growing optimism for an end to the government shutdown have sparked a sharp rally across risk assets, from equities to gold. Many are calling it a relief rally, while others see it as a reaction to expectations of a coming liquidity boost once government operations resume. Regardless of the label, what matters to traders is the reaction to the news. The eventual reopening of the government should not have been a surprise, only the timing was uncertain.…
“I can just barely handle my expenses with a mortgage payment of $984 and an income of $3,800.”