Author: FX
Copper prices surged to nearly $12,000 per ton following the Fed’s rate cut, up 36% year-to-date amid concerns that supply may lag rising demand. In response, Chilean mining companies plan record investments of $105 billion through 2034, including expansions at the Escondida and Collahuasi mines, Commerzbank’s commodity analyst Barbara Lambrecht notes. Expansion plans target Escondida and Collahuasi”The Copper price continues to set new records: After the Fed cut interest rates, it climbed significantly yesterday and reached almost $12,000 per ton this morning. The price is now 36% higher than at the beginning of the year. The main driver is concern…
The price of Silver is currently skyrocketing. Yesterday, the price reached a new record high of $64.3 per ounce, Commerzbank’s commodity analyst Carsten Fritsch notes. Prices surge 120% YTD, strongest gain since 1979″Since the beginning of the week, the price has risen by almost 10%, and by 27% over the last three weeks. The increase since the beginning of the year now stands at 120%. This means that Silver is on track for its strongest annual gain since 1979. The Gold/Silver ratio fell below 67 yesterday, its lowest level since June 2021, putting it only slightly above the average for…
Order flow perspective as price tests a key downside levelAs market rotation may be intensifying and silver, the new black in metals (for quite some time now) skyrockets to a new high (don’t forget my long term target for silver), I wanted to access investingLive’s orderFlow Intel to see if the early selling today was intense under the hood. At the time of analysis, the S&P 500 futures are trading near 6,858, which is an important reference point for both short term traders and swing focused investors. This level represents yesterday’s value area low, and it is also a naked…
The Japanese Yen (JPY) is slightly weaker versus the US Dollar (USD), underperforming most G10 currencies, as markets await next week’s BoJ meeting where a 25bps rate hike is widely expected. Policymakers signal the potential for further tightening in 2026, keeping USD/JPY range-bound between 154 and 157, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD/JPY stays range-bound amid hawkish BoJ signals”The yen is entering Friday’s NA session with a 0.2% decline vs. the USD and underperformance against all of the G10 currencies with the exception of the Skandies SEK and NOK.””Reports of a constructive, hawkish shift at…
Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time of writing, XAU/USD is trading around $4,340, just shy of its all-time high near $4,381, marked on October 20.The latest leg higher helped Bullion break out of a two-week consolidation range, as markets continue to reassess the Fed’s policy path into 2026. The shift in sentiment follows Wednesday’s decision to lower borrowing costs by 25 basis points (bps), marking the third rate cut this year.While the Fed stopped short of offering…
Now that the dust seems to have settled after this week’s crazy events, are markets about to go in quiet mode and is there anything we can learn from it? Making money in a trending or high-volatility trading environment is easier for many traders. Strong trends and volatile currency pairs usually offer the best opportunities using the classic buy-low-then-sell-high strategies. Being consistently profitable when there’s not much going on, however, is a bit trickier. You have to adjust your volatility expectations (and therefore your position sizing) and price reactions of your go-to currency pairs are suddenly less predictable. Applying your…
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KEY POINTS:The Fed delivered on expectations cutting by 25 bps and signalling a higher bar for further rate cutsFed Chair Powell sounded dovish by downplaying inflation risk and emphasising labour market weaknessGold broke out of the two-week long consolidation and extended the gains as momentum increasedFUNDAMENTAL OVERVIEWGold finally broke out of the consolidation below the 4245 level yesterday and extended the gains above the 4300 level this morning.There was no fundamental catalyst for the move as the US initial claims came out basically in line with the recent releases and continuing claims, despite beating expectations by a big margin, were…
EUR/USD posts marginal losses, trading at 1.1735 on Friday after pulling back from its highest levels in more than two months at 1.1762 reached on Thursday. The increasing monetary policy divergence between the European Central Bank (ECB) and the US Federal Reserve (Fed) is underpinning support for the pair, which has rallied nearly 2% in the last three weeks.The Fed cut rates this week and pointed to one more rate cut in 2026. Investors, however, still expect that the US central bank will ease monetary policy at least two times, considering that Chairman Jerome Powell will likely be replaced by…
The Extended Awesome Oscillator (AO) with Alerts MT4 Indicator addresses this problem by providing real-time notifications whenever momentum shifts. This tool allows traders to spot bullish or bearish trends quickly, helping them take action without staring at charts all day. It’s designed to make momentum trading simpler, smarter, and faster. What is the Extended Awesome Oscillator? The Awesome Oscillator (AO) was created to measure market momentum by comparing short-term and long-term moving averages. It visually represents momentum changes as colored bars, making it easy to identify bullish and bearish trends. The Extended AO with Alerts builds on this foundation by…