The LDP’s landslide victory in Japan led to a pullback in USDJPY. China has been buying gold for 15 months in a row, supporting the price. Improved global risk appetite undermined the US dollar. The S&P 500 recorded its best daily rally since May amid easing fears about the negative impact of artificial intelligence on…
After days dominated by fears of an intensified tech rout and structural disruption from artificial intelligence, markets ended the week on a steadier footing. While volatility picked up meaningfully, Friday’s price action made clear that talk of an imminent trend reversal remains premature. Investors responded to midweek stress not by abandoning equities wholesale, but by…
The US Dollar bounced higher after Warsh’s nomination but is showing signs of stalling. Recent labor data previews (JOLTS, Claims) showed unexpected weakness. Dollar Index Technical Analysis ahead of Non-Farm Payrolls. Markets have a lot to digest in recent trading, with geopolitics, the new Fed Chair nomination, earnings season, tech selloffs, and growing fears that…
Yesterday’s decision by the Bank of England came as a surprise to forex traders. While the Official Bank Rate was left unchanged at 3.75%, markets were caught off guard by the notably dovish signals regarding future policy. According to media reports, four out of nine Monetary Policy Committee members voted for an immediate rate cut….
Key Highlights EUR/USD started a fresh decline from 1.2080. It traded below a key bullish trend line with support at 1.1880 on the 4-hour chart. GBP/USD trimmed some gains and traded below 1.3800. Bitcoin declined by over 10%, and Ethereum dived 20%. EUR/USD Technical Analysis The Euro rallied above 1.1800 and 1.2000 against the US…
Last week delivered yet another reminder that volatility has become a feature this year, rather than an exception. Sudden repricing episodes continue to emerge, often driven by political and institutional developments rather than changes in economic fundamentals. The latest bout of turbulence was triggered by market repricing around the nomination of former Fed Governor Kevin…
Week in review Kevin Warsh nominated as the next US Federal Reserve Chair. Commodity markets saw a sharp reversal, with silver down 27%. Key focus for the week ahead: Alphabet and Amazon earnings. Central Banks (RBA, BoE, ECB) meet ahead of the January NFP report. A blockbuster week for global markets with wild price swings,…
The United States Department of Justice has completed the forfeiture of more than $400 million in cryptocurrency and other assets linked to Helix, an early darknet crypto mixing service. The move follows a final court order from the US District Court for the District of Columbia, giving the government full legal title to assets seized…
Chinese Yuan edged higher against Dollar today, pushing to a fresh 32-month high and drawing renewed attention to Beijing’s currency stance. The move comes amid growing speculation that Chinese authorities may be quietly signaling greater tolerance for a firmer Yuan. However, a broader look at currency markets suggests Yuan’s gains are far more a function…
Relentless geopolitics has continued to haunt global markets since the turn of the year, and last week offered little respite. What has changed, however, is not the scale of the headlines but the market’s tolerance for them. Investors appear increasingly fatigued by policy uncertainty and abrupt reversals from the US, where confidence has become harder…