FXBANkthe8055

FXBANkthe8055

Gold's rally may have run its course, UOB Global Economics & Markets Research's Quek Ser Leang says in a research report. Last week, gold formed 'Doji' pattern on weekly candlestick chart, which is typically perceived as a bearish signal, the markets strategist says. Crossover in weekly slow stochastics from overbought territory suggests downside risks are...

FXBANkthe8055

That leaves Japan's JPY in an uncertain state says Juckes. A Trump win and clean sweep could see USD/JPY head back towards its highs above 160.00. But given the dire mood in the Treasury market, a Harris win without a clean sweep would give the JPY a lift with potential for USD/JPY to head back to subsequent lows by 140.00. That's a much wider range than the...

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Amazon.com AMZN rose 6.2% after it reported earnings on Thursday that revealed strong retail sales, boosting profit above Wall Street estimates. Meanwhile, Apple AAPL fell 1.2% as investors worried about a decline in its China sales during its most recent quarter. Other so-called Magnificent Seven members Meta Platforms META and Microsoft MSFT also...

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** Indeed, S&P 500 index is struggling to rekindle its spirit ** Benchmark U.S. 10-year Treasury yield US10Y climbing into the Cloud, and on track to rise for an eighth straight week ** Nearly every sector startled: Technology most timid, while just Consumer Discretionary and Communication Services show gri

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The Canadian dollar weakened to a two-year low against its U.S. counterpart on Friday as the greenback notched broad-based gains ahead of the U.S. presidential election and despite domestic data that showed factory activity growing at a faster pace. The loonie USDCAD was trading 0.1% lower at 1.3950 to the U.S. dollar, or 71.68 U.S. cents, after touching its...

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(MaceNews) – U.S. manufacturing activity was in contraction for a seventh straight month in October, and the pace of decline unexpectedly accelerated, as firms remain reluctant to invest in new capacity on concerns that federal fiscal policy could be inflationary whichever major party wins the Nov. 5 election, the latest monthly data from the Institute for Supply...

FXBANkthe8055

(MaceNews) – U.S. manufacturing activity was in contraction for a seventh straight month in October, and the pace of decline unexpectedly accelerated, as firms remain reluctant to invest in new capacity on concerns that federal fiscal policy could be inflationary whichever major party wins the Nov. 5 election, the latest monthly data from the Institute for Supply...

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** Shares of paint and coatings maker Sherwin-Williams SHW up 3.7% at $371.99 after the bell ** Company to replace Dow Inc DOW in the Dow Jones Industrial Average DJI ** DOW is the smallest company in the index, as measured by market capitalization - S&P Dow Jones Indices ** Shares of Dow, which is grappling with sluggish demand, fell ~1% to $48.55 in...

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Not much in USD/CHF before Wednesday and 0.8765 on $500 million and between 0.9035-45 on $807 million. The biggest EUR/CHF strike expiry is on Monday at 0.9705 on 626 million euros. GBP/USD strike expiries worth noting are on Monday at 1.2940 on £553 million and between 1.2975-90 on £1 billion. There's little thereafter until Friday at 1.2970 on £713 million.

FXBANkthe8055

Not much in USD/CHF before Wednesday and 0.8765 on $500 million and between 0.9035-45 on $807 million. The biggest EUR/CHF strike expiry is on Monday at 0.9705 on 626 million euros. GBP/USD strike expiries worth noting are on Monday at 1.2940 on £553 million and between 1.2975-90 on £1 billion. There's little thereafter until Friday at 1.2970 on £713 million.

FXBANkthe8055

SPDR Gold shares turned negative in late trading, falling 0.1%. Despite losing momentum throughout the day, recent strength has come as investors add gold positions. "The retail investors have started following central banks and are increasing their allocations as evidenced by the inflow into ETFs and their increasing demand for physical gold," says Alex Ebkarian...

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Spot Bitcoin ETFs Bring In No New Money, Only Recycled Investments In a series of X posts on November 2, Bianco claimed the Spot Bitcoin ETFs despite their impressive inflow record do not attract any new investments to the underlying asset. Firstly, The analyst applauds the performance of these institutional funds some of which rank as the best-performing ETFs of...

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Solana trimmed gains and traded below the $175 support zone. SOL price is now approaching the $165 support and might bounce back in the near term. SOL price started a fresh decline after it struggled near the $185 zone against the US Dollar. The price is now trading below $172 and the 100-hourly simple moving average. There is a key bearish trend line forming...

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As it has been doing for the past few months, the price channel that Bitcoin is trading inside is descending. When Bitcoin gets closer to the upper limit of this channel, which is around $70,000, the chance of another attempt to break through this level increases, but so does the chance of a drawback. The price action of Bitcoin has recently bounced off lower...

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The TRON network has been making a notable impact across altcoin ecosystems, regaining its position as the leading blockchain for transaction volume among major altcoin chains. According to a CryptoQuant analyst known as ‘Maartuun,’ TRON has shown substantial transaction dominance recently, handling roughly 43% of transactions across major altcoin blockchains as...

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The Blockchain Forum 2025 takes place in Moscow with over 12,000 guests from 100 countries. Such large events often bring attention to featured projects and can lead potential investors to buy tokens like BNB and Bitget. The gathering opens opportunities for partnerships and announcements that could trigger price movements. Being global, this event might boost the...

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Patronis said he would not be surprised if the amount grew should former President Donald Trump be reelected next month. Earlier this week, Patronis said in a letter that Florida should direct "a portion of state retirement system monies into cryptocurrency." Florida is not the first U.S. governmental body to invest in crypto-related financial instruments. Both...

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Silver held its recent decline to around $33.7 per ounce on Monday as the dollar and Treasury yields rallied further on signs of strength in the US economy and bets that former President Donald Trump will win at next month’s election. Easing geopolitical risks in the Middle East also pressured precious metals as Israel’s retaliatory strikes on Iran over the...