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Dollar dips as yen heads for first weekly drop in six By Reuters
By Hannah Lang NEW YORK (Reuters) -The dollar was off a one-week high against other major currencies on Friday, capping off a turbulent few days as traders digested a drop in U.S. jobless claims and the prospect of a looming economic downturn. The U.S. currency was down against the Japanese yen following a three-day rebound,…
Gold Faces Sell-Off Amid US Stock Market Turmoil. Forecast as 28.01.2025 | LiteFinance
2025.01.28 2025.01.28 Gold Faces Sell-Off Amid US Stock Market Turmoil. Forecast as 28.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As a rule, gold may face a short-lived sell-off during periods of stock market turbulence. The precious metal offers an opportunity to obtain rapid liquidity to maintain margin requirements on stocks. Let’s discuss this topic and make a trading plan. The…
USDJPY: Price Remains Pressured above the Supply Levels
USDJPY price remains pressured above the supply levels. Overall market sentiment regarding the currency pair remains bullish. USDJPY Weekly Price Analysis – November 1 USDJPY price remains pressured above the supply levels despite the influence of the bears in the order flow. The Yen is experiencing high pressure from the bulls. Conversely, if the bullish…
What to Expect in the Thanksgiving Day Trading Week
What to Expect in the Thanksgiving Day Trading Week – Forex Forum November 24, 2024 /Posted byGVI Forex / 250 / …
Fed’s Goolsbee warns against series of rate cuts
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee broke away from the overarching narrative of consecutive Fed rate cuts heading through the end of the year, widening the narrative gap between Fed incumbents and Donald Trump’s newly-minted Fed plant Stephen Miran. Key highlights Goolsbee warns against series of rate cuts.I am uncomfortable with overly…
S&P 500 futures down 0.2% after early gains were erased | investingLive
The market got something of a lift late on Friday as Berkshire Hathaway disclosed a stake in Google. That’s helped to lift its shares 3.3% and there continues to be heavy rumors of a blockbuster Gemini 3 release around Nov 22. Elsewhere though, the picture is less-pretty. The market is feeling angst about Wednesday’s Nvidia…
