XAUUSD Is Under Pressure Amid Hawkish Fed Outlook
Gold hovers right above $2,600 level, poised for a weekly drop due to the Federal Reserve's hawkish stance.
EUR/USD Trades With Caution As Fed’s Hawkish Cut Boosts US Dollar’s Appeal
EUR/USD holds the immediate support of 1.0340, but the Fed’s hawkish cut weights on the pair in the broader term.
End Of Week Macro Reflections
In recent months, there has been a clear divergence in monetary policy between the Fed and other major central banks.
China Yields Collapse
Treasury yields rose sharply following the Fed meeting on Wednesday, yet they are collapsing in the world’s second-largest economy, China.
Sensex Today Trades Flat; Nifty Below 24,000
Indian share markets are trading flat with the Sensex trading 13 points lower and Nifty trading 16 points lower.
GBP/USD Forecast: Sterling Outlook After The BoE, Fed Decisions?
The GBP/USD exchange rate dived to its lowest level since May 2024 as the US dollar index surge gained steam.
BTC/USD Forecast: Bitcoin Holds $100K Support
Bitcoin stabilizes at $100K, maintaining bullish momentum as traders watch for a breakout above recent highs or further dips to $95K as buying opportunities.
The Commodities Feed: Stronger USD Prompts Oil Sell-Off
Crude oil extended its fall in the early trading session today as broader market concerns have weighed on the complex, while a stronger dollar has also added further pressure.
USD/JPY Price Forecast: Bulls Pause For Breather Ahead Of US PCE Price Index
USD/JPY attracts some intraday sellers after stronger inflation figures from Japan.
The Federal Reserve’s “Hawkishness” Finally Gets The Stock Market’s Attention
The stock market finally woke up to inflation risks after the Fed cut rates again but signaled caution. Inflation forecasts rose for 2025 while powell blamed lingering pandemic effects and technical factors for inflation's persistence.
The Uniform Comes Off
It’s honestly very cool to see sanity leak into the market. Take Cintas (CTAS) for instance. I could never understand why a manufacturer of uniforms like nurses and cops wear would have a chart like this.
Elliott Wave View: EURUSD Short Term Remains Bearish
Short Term Elliott Wave view in EURUSD suggests the decline from 9.25.2024 high is in progress as an impulse. Down from 9.25.2024 high, wave 1 ended at 1.076 and wave 2 rally ended at 1.0936.
SPDR ETF Report For Thursday, Dec 19
In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day that ended, Thursday, December 19.
WTI Moves Below 69.00, Further Downside Seems Possible Due To Stronger US Dollar
West Texas Intermediate (WTI) Oil price extends its losing streak for the fifth successive session, trading around $68.90 per barrel during the Asian hours on Friday.
Markets Flat After Big Selloff Day; FDX, NKE Beat On Earnings
The stock market gave a rebound the old college try today, but aside from a modest +15 points on the blue-chip Dow, indexes closed in the red again today.
European Homeowners Decide With Their Wallets When It Comes To Energy-Efficient Renovation
The building sector is crucial for the green transition, accounting for about a third of Europe’s energy-related emissions in 2022.
Japanese Yen Struggles To Capitalize On Modest Intraday Bounce; Remains Vulnerable
The Japanese Yen (JPY) recovers slightly after touching a five-month trough against its American counterpart during the Asian session on Friday, albeit it lacks any follow-through buying.
Financial Markets Report For Thursday, Dec 19
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, December 19.
Nasdaq 100 & S&P 500 Elliott Wave Update - Thursday, Dec 19
Markets moved in stronger directional moves, but adhered to what the EW labeling was suggesting. I update the labeling and add some Fibonacci support levels for the EW move in force.
Intel Shortlists Suitors For Chip Division Altera Amid Turnaround Efforts
Intel reiterated in October that a stake in Altera was for sale before pursuing an initial public offering of the unit. This is part of a much broader turnaround plan for the struggling chip giant.