According to the CME FedWatch Tool, markets are fully pricing in about a 50% chance of a 25-bps rate cut in December, down from nearly 70% a week earlier. This market positioning suggests that the US ...
Gold (XAU/USD) remains firm during the North American session on Wednesday, but trims earlier gains of over 1% as the US Dollar (USD) rallies sharply as traders wait for a key US job report due on ...
The Canadian Dollar (CAD) weakens against the US Dollar (USD) on Wednesday, with USD/CAD erasing all of Tuesday’s losses as ...
NZD/USD trades around 0.5600 at the time of writing on Wednesday, down 1.10% on the day, hitting a new eight-month low as ...
Risk aversion dominates financial markets in the American session on Wednesday, resulting in a much firmer US Dollar (USD) across the FX board. In the case of XAU/USD, demand for safety benefits both ...
US Oil trades around $59.00 on Wednesday at the time of writing, down 2.80% on the day. The price remains under pressure as ...
Julian (@JulianMI2) shares his journey and market views as Coach asks for his narrative on equities ahead of NVDA’s earnings.
GBP/USD edges modestly lower on Wednesday as inflation in the United Kingdom (UK) ticked lower in October, increasing the chance of an interest rate cut by the Bank of England (BoE) in December. At ...
Arbitrum (ARB) edges lower, trading at $0.22 at the time of writing on Wednesday amid a steady decline in the broader cryptocurrency market. Since ARB hit $0.62 in August, marking its third-quarter ...
The US government shutdown proved a nightmare across the FX board, firstly by the lack of major releases and secondly, by the ...
The Eurozone labour market remains dynamic. The unemployment rate, at 6.3% in September, remains close to historic lows, ...
The Australian Dollar (AUD) faces increasing selling pressure along with the rest of the broader risk complex on Wednesday, ...