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EUR/USD Weekly Outlook – Action Forex
EUR/USD edged higher to 1.1829 last week but turned sideway since then. Initial bias stays neutral this week for more consolidations first. But downside should be contained by 1.1630 resistance turned support to bring rebound. Firm break of 1.1829 will resume the rise from 1.0176 and target 61.8% projection of 1.0176…
Tesla Surges, Lifts Markets, Musk Dreams of White House
Tesla’s stock surged on robust Q3 earnings, boosting the Nasdaq. Meanwhile, Elon Musk muses about driverless car policy as a White House appointee. Tesla’s Stock Jumps Higher Than Q3 Expectations In a tech landscape braced for mixed earnings, Tesla delivered a welcome surprise with its Q3 report, sending its stock soaring 17% immediately after. Elon…
Silver hits an all-time high. The US natural gas prices reach a 2-year peak
By Friday, the Dow Jones (US30) rose by 0.61% (weekly +4.16%), the S&P 500 (US500) gained 0.54% (weekly +4.47%), and the Nasdaq (US100) closed 0.78% higher (weekly +5.37%). The US stocks ended November in positive territory. Risk appetite remained strong amid an 80-85% probability of a Fed rate cut in the coming weeks. Volatility increased…
Gold is set for its highest-ever weekly close | investingLive
I would have expected the Supreme Court decision to be a negative for gold, as it opens the pathway to a reversal of tariffs and a re-affirmation of the dollar-based system. Instead, the market seems to be taking it as a sign of further turmoil and uncertainty, which is gold bullish. The ongoing worries about…
Fed Cut Rates Soon? Impact on Gold and Forex – Edge Forex
The question dominates markets every day. Will the fed cut rates again soon? Traders across assets watch this closely. The fed cut rates decision shapes risk sentiment, capital flows, and price direction. Gold traders feel it immediately. Forex traders price it within seconds. When the fed cut rates, markets react before headlines even finish loading….
