ETH/USD Forecast: Ethereum Gets Crushed After Yield Spike in America
During my daily analysis of crypto, Ethereum has captured my attention as it has lost over 6%, mainly due to the idea of yields raising higher in the United States.
Futures Slump As Yields, Dollar Soar
In premarket trading Quantum stocks tumbled after Nvidia CEO Jensen Huang said that “very useful” quantum computers are likely decades away.
Risk-Off Event That Most Miss
S&P 500 early session upswing was rejected, and neither 6,010 or low 5,990s stopped the sellers.
GBP/USD drops below 1.2400 on Trump tariff news
GBP/USD declined to a fresh multi-month low below 1.2400 on Wednesday. US President-elect Trump is reportedly considering declaring a national economic emergency. The Federal Reserve will publish the minutes of the December meeting.
2025? This Market Performs Well In Odd Years
As you may know, in 2024 the Russell 2000 performed worse compared to the wider market.
Energy Report: National Economic Emergency
Oil prices surged above $75 for the first time since October based on strong supply and demand fundamentals.
Record UK Gilt Yields Are Justified, For Now
The UK's 30Y gilt yield has hit its highest level since 1998, and although we think structurally the rate should be lower, changing direction may need time.
Dollar Dominance Continues
The Dollar dominance continues as we head into the North American open.
USD/CHF Forecast: US Dollar Races Higher Against Swiss Franc As Yields Climb
The US dollar is the clear winner in the FX market, not only against the Swiss franc, but against a ton of other currencies, which of course makes quite a bit of sense.