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Market Analysis

Euro edges lower below 1.1700 despite fading Fed hike odds

The EUR/USD pair posts modest losses around 1.1675 during the early Asian session on Thursday. The Euro (EUR) edges lower against the US Dollar (USD) after experiencing a sharp surge in the previous session. However, th…

5 min read

Dollar Tumbles and Gold Prices Jump as US Treasury Boosts Liquidity

The dollar index (DXY00) tumbled to a 2.5-month low on Wednesday and finished down by -0.80%. The dollar retreated on Wednesday after the US Treasury boosted liquidity and announced plans to increase buybacks of long-da…

4 min read

Heightened Middle East Tensions Boost Crude Oil Prices

Crude oil and gasoline prices settled mixed on Wednesday, with crude oil posting a 4-week high. Wednesday’s sharp decline in the dollar index ($DXY) to a 2.5-month low was bullish for energy prices. Also, the lack of a …

5 min read

Dollar Slumps and Gold Rallies as US Treasury Ramps Up Buybacks

The dollar index (DXY00) tumbled to a 2.5-month low today and is down by -0.76%. The dollar retreated today after the US Treasury boosted liquidity and announced plans to increase buybacks of long-dated bonds. Lower T-n…

3 min read

Silver surges as Treasury buyback plan sinks the US Dollar

Silver (XAG/USD) trades sharply higher on Wednesday, changing hands near $65.80. The metal is riding a broad rally across precious metals with Gold (XAU/USD) soaring toward $4,500.

2 min read

Stocks Supported by Lower Bond Yields

The S&P 500 Index ($SPX) (SPY) is up by +0.58% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.55%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.07%. E-mini S&P futures (ESU26) are up +0.61%, and…

8 min read

Stocks Mixed on Lower Bond Yields and Chip Stock Weakness

The S&P 500 Index ($SPX) (SPY) is up by +0.33% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.47%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -0.33%. E-mini S&P futures (ESU26) are up +0.31%, a…

7 min read

USD/CHF Price Forecast: Franc tests 100-day SMA as US Dollar tanks

The USD/CHF pair tumbles nearly 2% on Wednesday as a US Treasury buyback announcement sends the Greenback into a tailspin, while US Treasury yields also dive. The pair trades at 0.7979 after reaching a high of 0.8128.

4 min read

This Bitcoin Cycle Pattern Could Set Up a 1,000% Rally: Analyst

Analyst Crypto Patel says Bitcoin has followed the exact same cycle three times in a row, and he is betting the current downturn sets up another run worth ten times the cryptocurrency’s price from here.

2 min read

Mexican Peso rallies to two-year high on US Treasury buyback

The Mexican Peso (MXN) rallies to a two-year high of 16.94 on Wednesday as the US Dollar (USD) weakens amid falling US yields, which retreated after the US Treasury doubled the size of its long-duration bond buyback. Th…

5 min read