Author: FX

BOJ’s Masu to Nikkei says:BOJ is close to decision to raise ratesSays it’s not good for real interest rates to be deeply negativerelationship with the neutral rate of interest rate. Japan’s policy rate is lower than the neutral rate. He says that most countries rates are higher than the neutral interest rate citing the US as an example.The JPY has been weakening as a result of the lower rates in Japan relative to other countries. The EURJPY has moved to new all-time highs (lower JPY). The USDJPY traded to the highest level since January.Today, the price has moved lower and…

West Texas Intermediate (WTI) US Oil trades around $57.60 on Friday at the time of writing, down 1.90% on the day. The Crude Oil extends its three-day losing streak, slipping below the $58.00 level as investors reassess geopolitical risks in Eastern Europe amid signs that a potential peace agreement in Ukraine may be taking shape.According to multiple media reports, Ukrainian President Volodymyr Zelensky has agreed to work on a US-backed proposal that includes territorial concessions to Russia and a reduction of Ukraine’s armed forces. These points, considered unacceptable just months ago, fuel expectations that a compromise could emerge faster than…

The major European indices are mostly closing lower. The UK FTSE 100 rose by +0.05%. France’s CAC fell by -0.03%.A look at the closing levels shows:German DAX, -0.78%France’s CAC, -0.03%UK’s FTSE 100 +0.05%Spain’s Ibex, -0.99%Italy’s FTSE MIB -0.51%.For the trading week all the major indices fell by 2% or more: German DAX, -3.27%. The decline was the same as the decline from July 28 trading week and the largest fall since March 31. France’s CAC fell by -2.34%, it supports the trading week since August 25UK’s FTSE 100 fell -1.71% for its trip 4 is trading week since March 31Spain’s…

NVIDIA just crushed its earnings expectations earlier this week, posting a massive 62% revenue jump to $57 BILLION from a year ago in Q3 2025…but its stock still fell 3.2% the next day. What’s up with that?! Welcome to the paradox keeping traders up at night: when even spectacular earnings can’t overcome deeper market fears. The Numbers Were Dream-Worthy NVIDIA’s Q3 2025 results were objectively spectacular: Revenue hit $57 billion, crushing the $54.9 billion estimate Earnings of $1.30 per share beat forecasts The company projected $65 billion for the current quarter, well above the $62 billion consensus CEO Jensen Huang…

alexsl Raymond James upgraded Doximity (DOCS) to strong buy from outperform, saying that the digital platform for doctors with a “current risk/reward at 25x [free cash flow] looking too compelling to ignore.” The firm, however, lowered its target price to $65 from $75 (40% upside based on Source link

GBP/USD firm as Fed easing bets outweigh soft US PMI signalsThe Pound Sterling turns positive in the day as traders increase their bets that the Federal Reserve could cut rates at the December meeting. The GBP/USD trades at 1.3082 up 0.08%. Read More…Pound Sterling slumps after poor UK Retail Sales, flash PMI dataThe Pound Sterling (GBP) falls sharply against its major currency peers on Friday, following the release of poor United Kingdom (UK) Retail Sales data for October, and preliminary S&P Global Purchasing Managers’ Index (PMI) data for November. Read More…GBP/USD Price Forecast: Holds gains near 1.3100, but bearish momentum persists below 100-day EMAThe…

The Euro (EUR) remains under pressure against the US Dollar (USD) on Friday, even as the Greenback trades broadly flat, with traders weighing fresh US economic data and rising bets on a potential Federal Reserve (Fed) interest rate cut in December. At the time of writing, EUR/USD is trading around 1.1500, on track for its first weekly decline after two consecutive weeks of gains. Meanwhile, the US Dollar Index (DXY), which measures the Greenback against a basket of six major currencies, is trading near 100.26, holding firm around its highest level in more than five months.S&P Global’s preliminary US Purchasing…

The Pound Sterling turns positive in the day as traders increase their bets that the Federal Reserve could cut rates at the December meeting. The GBP/USD trades at 1.3082 up 0.08%.Sterling turns positive as improved US sentiment and dovish Fed voices lift December rate-cut expectationsThe US economic docket revealed that business activity in the US remained solid according to S&P Global. The Manufacturing PMI dipped from 52.5 to 51.9, slightly below the 52 estimates Conversely, the Services PMI improved from 54.6 to 54.8, above forecasts of 54.5. Comments of the survey showed that business confidence has improved, and that hopes…

US S&P Global Composite PMI rose to 54.8 in November’s flash estimate from 54.6 in October, showing that the business activity in the US’ private sector continued to expand at an accelerating pace.S&P Global Manufacturing PMI declined to 51.9 from 52.5 in this period, while the Services PMI improved to 55.0 from 54.8.Assessing the survey’s findings, “the flash PMI data point to a relatively buoyant US economy in November, signalling annualised GDP growth of about 2.5% so far in the fourth quarter,” said Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, and added:”Although jobs continued to be created…

Silver (XAG/USD) trims a part of its earlier losses on Friday after marking a fresh weekly low at $48.64. At the time of writing, the metal is trading around $49.69, recovering modestly but still down nearly 1.50% on the day, and remains on track for a weekly decline. From a technical perspective, Silver is flashing early signs of fatigue after forming a double-top pattern on the daily chart, with peaks around the $54.50-$55.00 region. The pattern is beginning to exert mild bearish pressure, although the neckline remains intact, keeping sellers cautious for now.Despite the pullback, the broader uptrend structure remains…