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S&P 500 Notches Fresh Record Close, Snapchat & Intel Retreat on Earnings Disappointments
The S&P 500 tallied its first record close since September 2nd, with the index currently on a seven day streak of gains.
Japanese Yen Jitters as US Treasury Yields Move Higher Amid Commodity Woes. More Yen Weakness Ahead?
The Japanese Yen weakened to its lowest level in 4 years as global yields and commodity prices hinder the currency. Can USD/JPY go higher?
Mexican Peso Outlook: USD/MXN Stalls at Support and Climbs Higher. Now What?
The USD/MXN sell-off has come to a screeching halt after price failed to break a key support, but to rejuvenate bullish momentum, the pair needs toovertake the 20.45 resistance decisively.
Bitcoin Outlook: BTC/USD Bulls Take a Breather After Fresh ATH
After the release of the BITO ETF drove Bitcoin prices to new highs, BTC/USD are starting to pull back.
AUD/USD Probes September High as APAC Traders Eye China’s Lending Rates
The Australian Dollar made a strong push higher overnight as Wall Street traders buy up stocks. Chinese lending rates and Australian Westpac data is in focus for APAC traders.
USD/TRY Spikes After Turkish Central Bank Delivers Larger Than Expected Cut
USD/TRY hits a fresh record high after a 200bps rate cut vs 50-100bps cut expected.
Bitcoin’s All-Time High Sparks Life Into The Alt-Coin Market, Solana Pumps
The alt-coin market is registering strong gains this morning after Bitcoin’s recent ATH lifts the market across the board.
Australian Dollar Forecast: AUD/USD Reversal Levels, AUD/JPY at the Extremes
Further AUD/USD upside facing challenges, AUD/JPY extreme raises the risk of a pullback.
British Pound (GBP) Price Outlook: GBP/USD Struggling to Break Above 1.38
GBP/USD continues to wrestle with the psychologically-important 1.38 level, which is providing near-term resistance. Meanwhile, UK public sector net borrowing (PSNB) data were better than expected.
Gold Price Forecast: XAU Coil Continues After 1800 Res Rejection
Gold bulls’ patience might be wearing thin after another fake-out last week, with Gold prices to getting caught at 1800 resistance before price action tilted back to support.
