Author: FX

Markets opened the week in cautious fashion as a prolonged U.S. government shutdown continued to cloud the economic outlook, with equities finding support from AI-driven gains while manufacturing data confirmed ongoing sectoral weakness. Gold and the U.S. dollar both advanced as traders weighed conflicting signals on Federal Reserve policy, while Bitcoin faced selling pressure and oil move on OPEC+ supply news. Check out the forex news and economic updates you may have missed in the latest trading session! News Headlines & Data: OPEC+ agreed to pause production increases for Q1 2026 after a modest hike in Q4 2025 New Zealand…

The price of crude oil is settling at $61.05 up $0.07 or 0.11%. The near unchanged comes after the OPEC+ meeting this weekend where they confirmed a production increase but also said that they would pause on further production increases. More specifically: Production Increase for December: The group agreed to raise the output target by a modest 137,000 barrels per day (bpd), which will be implemented in December 2025. This continues the trend of small, gradual increases seen in previous months.Pause on Future Hikes: OPEC+ announced a pause on any further production increases for the first quarter of the next…

The Dow Jones Industrial Average (DJIA) faced fresh declines on Monday, kicking off the new trading week with a 200-point decline. The Dow briefly tested below the 47,250 level for the first time in over a week, as ‘Magnificent 7’ concentrated investment gains lift other indexes.Amazon (AMZN) saw a fresh rally on Monday, climbing around 5% after the internet ownership and baubles shipping giant announced a deal to invest $38 billion in ChatGPT maker OpenAI. Iren (IREN) data center supplier also inked its own $9.7 billion deal with Microsoft to provide additional hardware architecture to meet the ever-growing LLM tech…

Australia released stronger-than-expected inflation data, as the headline annual CPI reading jumped to 3.2% and surpassed its central bank’s 2-3% target range. How did the Australian dollar react, and which among our watchlist setups yielded the best trading opportunity? Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they are published throughout the week, check out our BabyPips Premium subscribe page to learn more! We’re…

Sector Overview: Technology Leads the ChargeThe technology sector is showing robust gains today, primarily driven by remarkable performances in semiconductors and consumer cyclical sectors. Nvidia (NVDA) leads the surge with an impressive 3.14% increase, while Micron Technology (MU) follows with a 5.72% uptick. These movements signify strong investor confidence amidst positive industry developments.Semiconductors: Powering ThroughNvidia (NVDA): Up by 3.14%, indicating robust investor enthusiasm.Micron (MU): Leads the sector with a 5.72% gain, reflecting positive sentiment.AMD and Intel: Also in green, showing increases of 1.49% and 0.77% respectively, pointing to overall sector strength.Consumer Cyclical and Communication ServicesAmazon (AMZN) shines brightly, posting a…

The Euro (EUR) strengthens against the Swiss Franc (CHF) on Monday, as the Franc weakens broadly after Swiss inflation unexpectedly cooled in October. At the time of writing, EUR/CHF is trading around 0.9298, extending gains for the second consecutive day.The latest figures from the Swiss Federal Statistical Office showed that the Consumer Price Index (CPI) fell 0.3% MoM in October, steeper than the 0.1% decline expected and following a 0.2% drop in September. On a yearly basis, the CPI rose 0.1%, easing from 0.2% in September and missing the market forecast of 0.3%.The softer-than-expected inflation data, hovering near the lower…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…

Gold (XAU/USD) attracts fresh buyers near the $3,963-3,692 region at the start of a new week and builds on its steady intraday ascent through the early part of the European session. The move up is sponsored by reviving safe-haven demand, bolstered by comments from US President Donald Trump, suggesting that his administration may restrict the flow of artificial intelligence (AI) hardware to its strategic rival, China. Moreover, concerns about economic risks stemming from a US government shutdown and a modest US Dollar (USD) downtick from its highest level since early August turn out to be other factors undermining the precious…

Supreme Court won't stop Trump's tariffs. Deal with it, officials say Source link

EUR/AUD is back at a major support zone for a FOURTH time since September! The pair’s been holding this area pretty well so far, but traders are watching to see if the bulls have enough fuel left to defend it again. We’re taking a closer look at the 4-hour time frame: EUR/AUD 4-hour Forex Chart by TradingView Expectations that the Reserve Bank of Australia will keep policies steady this week have been lifting the Aussie, especially after last week’s hotter-than-expected CPI basically killed near-term rate cut hopes. Over in the Euro Area, mixed mid-tier data and renewed tariff worries could…