Dow and S&P 500 Hit New Highs as AI Hype Takes a Breather
Stocks finished strong again on Thursday, wrapping up another solid week as 2025 gets rolling. With the Fed cutting rates and Oracle dropping the ball on earnings, traders stepped back from the red-hot AI stocks. Instead, they started moving money into companies tied more closely to the overall U.S. economy, giving the Dow and S&P […]
US Dollar Index Slips Near 98 as Markets Bet on Bigger 2026 Rate Cuts Than the Fed
The US Dollar Index just can’t seem to catch a break, as on Thursday, it hovered nervously above 98, barely holding on after dropping to a new seven-week low at 98.13. Traders are increasingly leaning toward the view that the Fed will have to cut rates much deeper by 2026 than officials are willing to […]
Gold Prices Lose a Bit of Shine as Investors Find Their Nerve
Gold prices edged lower in Friday’s Asian trading, slipping from their recent highs as traders jumped back into riskier bets. Stocks looked lively, and that upbeat mood was enough to steal some of gold’s usual safe-haven spotlight. The US dollar picked up a little steam—not a huge move, but just enough to take the wind […]
US Dollar Index Slips Towards 98.50 After Fed Cut; Markets Now Watching Jobless Claims
The US Dollar Index eased to roughly 98.55 in the early Asian session on Thursday. It wasn’t a dramatic fall—more like the kind of slow slide you notice only when you look twice. Traders have seen this kind of reaction before: the Dollar doesn’t jump or crash; it just loosens its shoulders after a big […]
EUR/USD Keeps The Lower Bound Of Range Post-Fed Cut, Market Awaits Jobless Claims
The EUR/USD was trading around 1.1690 in the early European session on Thursday, touching lower with no clear direction. In the aftermath of the Federal Reserve’s latest rate cut, the market’s reaction was muted — more a polite nod than an emphatic leap. And market veterans often refer to such pauses as the market “taking stock”, […]
Silver Slips Towards $62 After New Record High, but the Bullish Mood Stays Strong
Silver eased to about $62 in early Asian trade on Thursday, after touching a record high of $62.87 earlier in the day. The rally took a breather, but the bigger picture remains constructive. Experts who have tracked metals for years will tell you that they have seen similar patterns—big breakouts often take a moment to steady before […]
WTI crude hovers near $58.20 as a stronger US Dollar drags oil prices down
WTI crude is trading close to $58.20 early Wednesday in Asia. Oil’s losing steam, and the main culprit is the US Dollar. After fresh US job data surprised everyone, the Dollar got a boost. Since oil’s priced in Dollars, a stronger Dollar usually makes crude more expensive for buyers using other currencies, so demand slips […]
US Stock Futures Stay Calm as Markets Wait for Fed Rate Decision
US stock futures barely budged on Wednesday morning. Everyone’s just waiting for the Fed’s next move on interest rates. Pretty much everyone expects another quarter-point cut—the third one this year—but inside the Fed, there’s still a real split. Some officials think the economy needs more help, while others worry that too many cuts will only […]
EUR/USD stays calm near 1.1625 as traders await Fed outcome
EUR/USD remains muted around 1.1625 as buyers exercise caution while trading ahead of the US Federal Reserve interest rate announcement. The pair maintained its low intensity tone through the early European session and struggled to capitalize on the overnight recovery move from over one-month lows. Investors are sitting on their hands before a US Federal Reserve interest […]
AUD/JPY Weakens Following RBA’s Decision to Maintain Rates Above 3.6%
AUD/JPY in the early Asian hours on Tuesday floated near 103.20 levels, after the Reserve Bank of Australia (RBA) kept its Official Cash Rate at 3.6%. The cut had been widely anticipated by markets; however, the more dovish tone from officials helped keep mild pressure on the Aussie, dragging it through 103.50. RBA Cautious on Inflation Outlook […]
Gold Price Forecast: XAU/USD in Holding Pattern Ahead of FOMC Rate Decision
Gold traded in a tight range through the Asian session on Tuesday as traders adopted a risk-off approach ahead of the all-important FOMC interest rate decision. The precious metal has been range-bound for nearly a week as investors wait to see the timing and degree of the forthcoming policy loosening. The dollar and gold prices are […]
WTI Dips Below $60, But Downside Looks Limited
WTI crude slipped just under $60 on Monday, trading with a slightly negative vibe. Still, it’s hanging near the two-week high it hit on Friday, so sellers aren’t really taking over. The price has been climbing for three weeks straight, though you can tell buyers are getting a bit careful at these levels. Russian Supply […]
USD/CAD Stays Quiet Near 1.3950 as Traders Eye Canadian Jobs Data
USD/CAD barely budged around 1.3950 during Friday’s Asian hours. No one wanted to make a big move before Canada’s jobs numbers drop later today. The pair stuck to its range from Thursday, with everyone waiting for fresh economic clues that might sway the Bank of Canada’s next policy call. That labor report lands at 13:30 […]
USD/CAD Remains Pressured Near 1.3950 On the Imminent Canadian Jobs Report
USD/CAD remains in a slightly range-bound area around the 1.3950 level in Friday’s Asian trading, as traders are wary of taking action ahead of Canada’s November employment data. The labour market figures, which are scheduled to be released later in the day, will likely prove to be the primary catalyst for the Canadian Dollar (Loonie) and […]
GBP/USD Holds Steady at 1.3330 While Traders Wait for US PCE Data
GBP/USD isn’t really going anywhere right now, hovering near 1.3330 in Friday’s Asian hours. Everyone’s just waiting for the US PCE inflation numbers—the data got delayed, so traders are playing it safe until they see what the Fed might do next. Nobody wants to make big bets on the Pound or the Dollar before getting […]
Gold Prices Hold Firm Above $4,200 as Traders Wait for US PCE Figures
Gold Prices (XAU/USD) remain stuck in a tight range so far this Friday, trading around $4,210, as investors remain wary ahead of the US Personal Consumption Expenditures (PCE) Price Index. The precious metal has been trading in a tight range for nearly a week, with traders awaiting confirmation of sustained trends in the Federal Reserve’s […]
GBP/USD Drops Below 1.3350 as the USD Accelerates
Early on Thursday, GBP/USD is trading around 1.3330, retreating from its recent two-month high. The main story? The US Dollar bounced back, even though American economic data has been underwhelming. People are keeping an eye on the calendar—big US numbers are on the way, especially the Weekly Initial Jobless Claims Report. Right now, there’s caution […]
WTI Crude Hovers Near $59 After Ukraine Hits Russian Pipeline, Stirring Supply Jitters
WTI crude prices nudged higher in Thursday’s Asian trading, up about 0.25% and flirting with the $59 mark. The bump came right after Ukraine struck the Druzhba pipeline in Russia’s Tambov region—a major supply line pushing oil into Hungary and Slovakia. With Russian heavyweights Rosneft and Lukoil already hamstrung by sanctions, the attack just cranked […]