Oil spent even less (less to none) time above the 50-day moving average, and the distrust was subsequently confirmed.

Risk appetite continued to remain insatiable in the first half of Thursday’s session.

The USD/JPY currency pair has seen a resurgence in bullish momentum, with gains extending to the resistance level of 151.22 before stabilizing around 150.00 at the time of writing.

Comments from Fed Chair Powell yesterday that the US economy is strong enough for the Fed to move carefully on rate cuts should raise questions about the Fed delivering another 25-basis point rate cut later this month.

The US Dollar takes a step back with markets in a holding pattern towards Friday’s key NFP release.

PYPL is advancing within wave {v} of wave C, possibly forming an ending diagonal as it approaches the key resistance level at $90.

The upcoming NFP and ECB events have set EUR/USD FX options for volatility.

The winners keep on winning. That sums up the horse race for much of this year based on a set of ETFs targeting the main US equity factor risk premiums.

USD/CAD edges lower on Thursday and snaps a three-day winning streak amid a softer USD. Rebounding US bond yields lend support to the USD and the pair ahead of the OPEC+ meeting.

The euro traded with a firmer bias yesterday despite the French drama. It reached nearly $1.0545.

Gold prices have remained relatively unchanged following Federal Reserve Chairman Jerome Powell's comments suggesting that the US economy remains resilient.

Bitcoin has shattered previous records, soaring past the $100,000 milestone for the first time ever to reach an all-time high of $104,088 late Wednesday in New York.

Dollar General reported revenues of $10.2 billion and EPS of $0.89 for the third quarter of fiscal year 2024.

As expected, October 2024's rebound in mortgage rates helped take steam out of the U.S. new home market.

EUR/USD rises despite the French government's collapse. USD/JPY falls with BoJ rate hike bets in focus & ahead of jobless claims data.

OPEC+ picked the three-month option in the assumption that President-elect Donald Trump will issue more Oil sanctions on Iran and Venezuela.

The Euro has done a good job holding up despite all of the drama out of France.

PM Ishiba noted on Thursday that the government fully supports the Bank of Japan. US private employers hired 146,000 new workers in November. The US services sector grew less than expected in November.

For two consecutive trading sessions, the GBP/USD currency pair has been attempting to rebound upwards.

Since mid-November, Silver has been on a rebound with a reduced momentum.