Author: FX
Silver (XAG/USD) declines on Thursday, ending a four-day winning streak. The grey metal trades around $53.00 at the time of writing, down 0.35% on the day, after marking an intraday high at $54.39, just shy of the all-time high at $54.86. The pullback comes as improving market sentiment reduces buying pressure on safe-haven assets.The market mood has improved after the announcement of the end of the US government shutdown. President Donald Trump has officially signed the temporary funding bill, allowing federal operations to resume after the longest budget impasse in US history. This resolution eases part of the political risk…
Bonterra Energy GAAP EPS of -C$0.10, revenue of C$55.17M Source link
JP Morgan argues that the current Swiss franc strength has gone of for more than expected, with EUR/CHF in particular looking overstretched to the downside considering the drop this week. The firm says that the fall is partly also due to hedge funds, real money, and systematic buyers returning to the franc but notes that the current market landscape doesn’t support for such strength in the currency.The firm argues that with the Eurozone economy holding up and risk sentiment also taking a turn for the better now with the end of the US government shutdown, EUR/CHF should be trading higher.Even…
The end of the US government shutdown brings little immediate relief to FX markets, as key October data releases like payrolls and CPI are unlikely to appear soon. Market volatility remains subdued, but options positioning and rising Treasury bullish bets suggest traders are bracing for a data-driven shake-up ahead, ING’s FX analyst Francesco Pesole notes.US Gov’t shutdown is finally over”The US shutdown is over, but that isn’t much of a development for the FX market per se. The White House said October payrolls and CPI data are unlikely to be released, meaning volatility will take time to pick up. Average…
Azitra press release (AZTR): Q3 Net Loss was $2.8 million for the quarter ended September 30, 2025, compared to $1.0 million for the comparable period in 2024. Cash and cash equivalents: As of September 30, 2025, Azitra had cash and cash equivalents of $1.4 million. Source link
The Japanese yen continues to struggle in trading this week, enabling USD/JPY to make a push higher back to the 155.00 level. That’s the first time since early February that the pair has moved back up to test the figure level above. As with big round figures, they tend to take on more importance with regards to USD/JPY considering that they double up as key psychological levels as well.And even more so when associated with a dramatic one-sided move in the currency, as we have seen since Sanae Takaichi won the LDP leadership election in early October. Since then, USD/JPY…
Remember that EUR/AUD range setup we spotted a few days ago? It played out pretty nicely. Now it looks like the bulls might get another shot at the support zone! Here’s the pair’s latest 4-hour chart: EUR/AUD 4-hour Forex Chart by TradingView Improved market risk sentiment, growing expectations for a Fed rate cut, and stronger gold prices have all helped keep the commodity-related Australian dollar demand afloat in the last trading sessions. The euro has been steady as well, supported by hotter-than-expected German inflation, solid Italian industrial production, and consistent messaging from European Central Bank members that likely kept the…
Gold (XAU/USD) reverses a modest Asian session dip and climbs to an over three-week high, around the $4,213 region, on Thursday. Investors seem convinced that the delayed US macro data will show some weakness in the economy amid a prolonged US government shutdown and prompt the US Federal Reserve (Fed) to lower borrowing costs further in December. The outlook fails to assist the US Dollar (USD) in attracting any meaningful buyers and should continue to offer some support to the non-yielding yellow metal.Meanwhile, the optimism led by a positive development to reopen the US federal government remains supportive of the…
Bank of Japan aims for wage-driven inflation, aligns with government view Source link
NZD/CAD has been cruising below a descending trend line with its higher highs on the 4-hour time frame. Will this resistance continue to hold on a pullback? Take a look at this area of interest spanned by the Fib retracement levels! NZD/CAD 4-hour Forex Chart by TradingView Weaker than expected economic data from New Zealand have been propping up easing expectations for their central bank until early 2026, dragging NZD lower against majority of its peers. On the flip side, some upside surprises in Canada’s inflation reports have prompted market players to doubt the possibility of yet another BOC rate…