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]
USD/CHF Price Forecast: Sinks below 0.80 on weak NFP data
USD/CHF breaks under 50-day SMA at 0.8020, closing below 0.8000 with momentum favoring further downside.Bears eye 0.7950 and July 23 low at 0.7911, with path open toward year-to-date trough at 0.7872.Buyers must reclaim 0.8000 and 50-day SMA to … [Continue reading]
EUR/USD jumps to 1.1714 as weak US jobs data sinks Dollar
The Euro climbs as Nonfarm Payrolls show weak hiring, rising unemployment, and steady wage growth in August.US 2-year Treasury yield tumbles as markets fully price in September rate cut; DXY drops 0.70% to 97.57.Traders eye US CPI next week to … [Continue reading]
Dow Jones Industrial Average backslides after disappointing NFP print sparks recession fears
The Dow Jones backslid on Friday, falling back below 45,500.NFP job gains came in well below expectations, adding further bets to Fed rate cuts.A steepening decline in job creation has gone too far, overshooting market hopes for rate cuts and … [Continue reading]
XRP price sell-off below $3 extends as volatility spikes
XRP's intraday breakout gets snuffed out below the 100-period EMA on the 4-hour chart as volatility intensifies.XRP faces declining retail demand as Open Interest corrects to $7.4 billion.Positive futures funding rates uphold the rising demand for … [Continue reading]
Australia CFTC AUD NC Net Positions: $-82.7K vs $-100.6K
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 down to £-33.1K from previous £-31.4K
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]
Eurozone CFTC EUR NC Net Positions declined to €119.6K from previous €123K
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 S&P 500 NC Net Positions rose from previous $-187.8K to $-161.1K
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]
US Treasury Secretary Scott Bessent says the Fed must re-establish its credibility
United States (US) Treasury Secretary Scott Bessent warned that the Federal Reserve (Fed) must re-establish its crediblity and trust with the American people during an interview with the Wall Street Journal, published on Friday. This comes on the … [Continue reading]