Forexlive Americas FX news wrap: The yen rebounds strongly as US retail sales eyed | Forexlive

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Markets: Gold down $4 to $2562 US 10-year yeilds up 2 bps to 4.44% WTI crude oil down $1.71 to $66.99 S&P 500 down 1.3% JPY leads, GBP lags There wasn’t a tidy narrative on Friday as trading started out with a ‘sell everything’ mode before bonds made something of a comeback. Still, it was […]

US equity close: The shine wears off | Forexlive

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The shine of the election has run into uncertainty about tariffs and elevated P/Es. Pretty much all the gains after the open on post-election morning are now gone and the S&P 500 is now threatening the opening gap while the Nasdaq has already taken a decent bite. Trump’s cabinet picks are leaning heavily on “promises […]

United Kingdom CFTC GBP NC Net Positions up to £56.1K from previous £45.1K

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Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]

Mexican Peso gains despite Moody’s negative outlook

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Mexican Peso appreciates and shrugs off bad credit outlook review, strong US data. Moody’s revises Mexico’s credit outlook to negative, citing concerns over judicial changes impacting economic stability. Peso strengthens in spite of Banxico’s rate cut with inflation expectations remaining above target. The Mexican Peso recovered some ground against the US Dollar during the North […]

BOC senior loan officer survey: 1.71% vs 6.85% prior | Forexlive

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This is a lower-tier indicator but something the Bank of Canada is watching. Despite rate cuts, lending conditions worsened in Q3. They may also be concerned that rising yields could further impair lending in Q4. A problem for Canada (and many other countries) is that the Federal Reserve and US Treasury market does a big […]

EUR/JPY Price Prediction: Threatening to reverse the trend and extend its decline

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EUR/JPY is approaching levels where it threatens to reverse the medium-term trend.  Further downside could see the pair fall to the 50-day SMA.  EUR/JPY is threatening to reverse its medium-term uptrend and begin a new downtrend. This is important since according to technical analysis theory “the trend is your friend” so if the medium-term trend […]

Bitcoin rises above $90,000 on Trump euphoria By Reuters

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By Hannah Lang and Laura Matthews (Reuters) – broke through the $90,000 level on Wednesday, to an all-time high in a rally showing no signs of easing on expectations that Donald Trump as U.S. president will be a boon for cryptocurrencies. The world’s biggest cryptocurrency has become one of the most eye-catching movers in the […]

China has prepared countermeasures in case of increased trade competition with the United States

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China has prepared effective countermeasures in case the trade standoff with the United States intensifies under the leadership of new President Donald Trump. During Trump’s first term, Beijing was not prepared for Washington’s tough moves, including the imposition of increased tariffs and tighter controls on Chinese investments. However, over the past eight years, China has […]

EURUSD Technical Analysis – The price fails to break through a crucial level | Forexlive

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Fundamental Overview The US Dollar yesterday weakened across the board despite a higher than expected US Core PPI and Fed Chair Powell acknowledging the need to proceed more carefully with rate cuts from here on. This might be a signal that the market could be fine with just two rate cuts priced in for 2025 […]

Italy Consumer Price Index (MoM) in line with forecasts (0%) in October

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Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]

What is Market Structure Breakout (MSB) and how does it work ?

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What is Market Structure Breakout (MSB) and how does it work ? Market Structure Breakout (MSB) is a crucial concept in technical analysis, offering traders a way to identify shifts in market trends. This article explores what MSB is, how it works, and how it can be used to enhance trading strategies, particularly with the […]