Two Trades To Watch: EUR/USD, Oil Forecast - Wednesday, Nov. 12
EUR/USD consolidates ahead of Fed speakers & House vote. Oil prices fall ahead of OPEC’s monthly report.
Technical Analysis: GBP/USD - Wednesday, Nov. 12
GBPUSD moved below the support of 1.3140, which could lead to a downtrend break towards 1.2850.
Gold Forecast: Declines Amid Dollar Recovery, Shutdown Deal
Gold forecast shows a slight bearish bias amid renewed investor confidence and optimism around the US shutdown.
Daily Market Outlook - Wednesday, Nov. 12
Asian stocks advanced alongside Treasury bonds as weaker-than-expected U.S. employment figures fuelled optimism that the Federal Reserve might soon lower interest rates.
WTI Crude Oil Prices Rose To $61 Per Barrel
WTI crude oil prices rose to $61 per barrel, extending gains for the third consecutive session.
Wendy's Sent A Huge Warning About The Economy
Fast food chain Wendy's said it’s closing hundreds more US locations than previously announced because customers can’t afford to eat there.
QE Is Coming: The 2008 Roots Of Fed Dominance
The overnight funding markets are showing signs of stress, and the scent of QE is in the air.
The Great Disconnect
US consumer sentiment tumbled in November to near the lowest level on record, as the government shutdown weighed on the economic outlook and financial strains soured views on personal finances.
Pound Sterling Falls Further As Weak UK Data Prompts BoE Dovish Bets
The Pound Sterling weakens against its major peers as the BoE is expected to cut interest rates in December.
Sensex Today Trades Higher; Nifty Above 25,800
Indian share markets are trading higher today, with the Sensex trading 477 points higher, and the Nifty is trading 102 points higher.
EUR/USD Retraces Gains With Markets Cautious Awaiting News From The US
The Euro eases to 1.1575 but remains trading within the previous day's range.
GBP/USD Forex Signal: Double-Top, Inverse Cup And Handle Patterns Forms
GBP/USD remains under bearish pressure as technical patterns and weak UK jobs data suggest a move toward the 1.3015 support level is increasingly likely.
Yen On The Edge: Tokyo Turns Up The Heat
The Yen sank to a nine-month low against the US Dollar, prompting Japan’s Finance Minister Katayama to warn of rapid, one-sided moves and stress growing concerns over its weakness.
BTC/USD Forecast: Selling At Major Levels
Bitcoin continues to face selling pressure below key resistance at $108,000, with downside risks increasing if the $100,000 support fails to hold.
FX Daily: Carry Trade Is Proving Persistent
The carry trade suffered a stress test yesterday, when one popular target currency, the Hungarian forint, had to cope with prospects of wider budget deficits.
Intraday Analysis - Wednesday, Nov. 12
The Nasdaq continued to drive higher on the progressive outlook for tech and AI stocks.
Metal Markets Report For Tuesday, Nov 11
In this video, Ira Epstein discusses the current state of the metals market on Veterans Day, highlighting the bullish trends in gold and silver, with gold up 3.4% for the week.
USD/INR Trades Higher Ahead Of India’s Retail Inflation Data
The USD/INR pair rises to near 88.80 as the Indian Rupee underperforms ahead of the release of India’s Consumer Price Index (CPI) data for October at 10:30 GMT.
Donald Trump Pushes Back On H-1B Criticism, Says US Lacks ‘Certain Talents’
President Donald Trump has publicly argued that the United States needs to bring in skilled workers from abroad to fill critical talent gaps, particularly in complex manufacturing sectors.
S&P 500 Elliott Wave Daily Update - Tuesday, Nov. 11
Elliott Wave analysis suggests the S&P 500 nears completion of its A-wave rally, with key moves driven by Apple, Tesla, and Nvidia. Banks add support as volatility stays subdued ahead of Fed speakers and key economic data later in the week.

