The USDCAD extended to a new high for the year on Friday following the weaker-than-expected Canadian jobs report. However, the breakout could only stretch about 7 pips above the previous yearly high…
As London and European traders head home, the major European stock indices have closed mostly lower. The declines were modest in Germany, France and the UK, while Spain underperformed. Italy’s FTSE MIB…
The USDCHF has been playing ping-pong between support and resistance over the last six trading days, confined to a range between 0.8290 and 0.8348. That is just 58 pips, with neither buyers…
Stocks reverse after the market opens: Bumble’s deal, bank earnings and the AI-chip selloff October 13, 2026 | U.S. stocks | Market snapshot: 10:35 a.m. ET, using 15-minute-delayed data A stock can…
Crude oil futures have rebounded after trading lower earlier in the day, with buyers defending a key cluster of technical support. The low reached $91.70, just above the 38.2% retracement of the…
Prior month 3.98 million Details for September Existing home sales annualized sales rate of 3.99 million versus 3.95 million estimate Existing-home sales: +1.5% month over month in September. Regional monthly sales:Increased in…
Yesterday, I did a post-on gold sellers on the back of news Kazakhstan was selling some of the reserves. I spoke cautiously in regard to the move given the semi-holiday trading, but…
Bitcoin moved lower yesterday, breaking below its 100-hour moving average and approaching the bottom of the swing area at $81,183. The low reached $81,388, falling short of that key downside target before…
Silver came under renewed selling pressure yesterday as oil prices climbed to fresh weekly highs. Meanwhile, the Middle East situation remains largely unchanged, with Houthi attacks on Saudi Arabia continuing and US-Iran…
Nostradamus has been dead for centuries, but his followers are still around, especially in finance, with Ray Dalio warning that the AI bubble may be close to bursting as interest rates rise…
The U.S. dollar is lower after yesterday’s rise, with Treasury yields easing as the U.S. bond market returns from the Columbus Day holiday. Oil is also backing away from yesterday’s elevated levels,…
Headlines: Solana underperforms as US spot Solana ETFs record net outflows, ending a 14-week inflow streak Long global semiconductors remains the most crowded trade followed by short US Treasuries, according to Bank…
