EUR/USD edges higher during the North American session, up 0.42% amid growing speculation that the Federal Reserve would continue easing policy, amid a scarce economic docket in both sides of the Atlantic. The pair trades at 1.1757 after bouncing off … [Continue reading]
Dow Jones Industrial Average climbs as equities rally into holiday-shortened week
The Dow Jones Industrial Average (DJIA) gained ground on Monday, heading into the Christmas holiday schedule on the front foot as equity markets tilt into the bullish side to wrap up the trading year. Stocks tied to the AI trade rose, with big boosts … [Continue reading]
Cardano struggles to extend gains as retail interest wanes despite Midnight’s NIGHT token launch
Cardano (ADA) recovers over 2% at press time on Monday, struggling to extend gains within a descending wedge pattern. Despite the larger declining trend, Cardano’s network has seen a surge in on-chain volume over the last two weeks with the launch of … [Continue reading]
Greece Current Account (YoY) declined to €-1.088B in October from previous €-0.409B
Bitcoin, Ethereum, and Ripple are approaching key technical levels at the time of writing on Monday as the broader crypto market stabilizes. Market participants are closely watching whether BTC, ETH, and XRP can sustain breakouts and achieve … [Continue reading]
Gold climbs to record high near $4,400 on safe-haven flows
Gold price (XAU/USD) rises to an all-time high near $4,300 during the Asian trading hours on Monday. The precious metal gains momentum on the expectation of US Federal Reserve (Fed) interest rate cuts after signs of softer US inflation and … [Continue reading]
Japan’s Top FX Diplomat Mimura: Recently seeing one-sided, rapid moves
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Monday that he is concerned about foreign exchange move and will take appropriate action against excessive actions.Key quotes … [Continue reading]
Australia CFTC AUD NC Net Positions down to $-629K from previous $-84.2K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States CFTC Oil NC Net Positions climbed from previous 55K to 584K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United Kingdom CFTC GBP NC Net Positions declined to £-755K from previous £-93.2K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
United States CFTC Gold NC Net Positions rose from previous $204.6K to $2239K
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]