Author: FX
Fed commentary ignited a dollar surge that commanded the week. Swiss GDP shocks, sterling’s inflation retreat, and yen intervention warnings delivered five sessions of relentless currency turbulence. Source link
Markets:S&P 500 up 1.0%Gold down $13 to $4060WTI crude oil down $1.03 to $57.97US 10-year yields down 3.9 bps to 4.065%Bitcoin down 2.6% to $84,926JPY leads, CHF lagsThe mood darkened deeper early on Friday with stock futures sliding and bitcoin falling as low as $80,555. The turnaround initially came on comments from NY Fed President Williams, who indicated he was inclined to support a rate cut again in December. Williams is at the core of the Fed and isn’t likely to go go against Powell so the thinking was that this was a deliberate dovish message and market pricing from…
DarkIris (NASDAQ:DKI) announced on Friday that on November 18, 2025, it received a deficiency letter from the Nasdaq. The notice mentioned that the company, based upon the closing bid price of Class A Ordinary Shares over the 30 consecutive business days, is Source link
The major US indices had a volatile go at it today.The Dow industrial average had a range of about 800 pointsThe S&P index had a range of 137 points or 2.07%The NASDAQ index had a range of 627 points or 2.28%The initial move was to the downside, and the selling took the price of the broader S&P and NASDAQ indices below its 100 day moving averages. A close below that key MA would have been the first since May 9. However, the momentum couldn’t continue and the price stepped back above the MA and into positive territory. Each of the…
EUR/USD posts moderate losses during the North American session on Friday as the US Dollar (USD) holds firm after the release of mixed economic data and dovish comments by Federal Reserve (Fed) officials. The pair trades at 1.1504, down 0.20%, after hitting a two-week low of 1.1491.Euro retreats 0.20% as weak US sentiment contrasts with firmer PMIs, markets rise December cut oddsData in the US was mixed, yet the economy shows signs of resilience. The S&P Global Manufacturing and Services PMIs were mixed in November but revealed that business confidence had improved.Other data showed that American households turned pessimistic about…
The AUDUSD is caught in a technical sandwich. Buyers found a floor at a key long-term swing area, but the recovery rally has run smack into a wall of resistance against a key MA. .If you look at the 4-Hour chart of the AUDUSD, you can see the technical battle lines are clearly drawn.The Support: Buyers Lean Against the August Lows Earlier in the day, the price extended lower, and tested the resolve of the sellers and the courage of the buyers. It found that buyers courage at the major swing area between 0.6407 and 0.6424 (in reality, risk be…
Democrat demands release of 'shocking' Trump-Saudi call from 2019 after Khashoggi's death Source link
The Dow Jones Industrial Average (DJIA) caught a healthy rebound on Friday, climbing over 700 points to round out an otherwise bearish trading week. Key Federal Reserve (Fed) officials sounded more willing to deliver an upcoming interest rate cut than rate markets previously expected, bolstering investor sentiment across the board, and the Trump administration is rumored to be weighing another walkback on arbitrary tech trade restrictions aimed at China.Despite Friday upswing, indexes still on the defensiveDespite an upbeat Friday session, the Dow is still in the red for the week, down 1.33% from the previous week’s close and mired in…
The President of the United States judges himself — seemingly every day — on the value of the Dow Jones Industrial Average.He is a person that can’t stand to see stock markets go down, even for a brief period. He has utterly convinced himself — and not entirely without reason — that American progress is whatever number is on the index, preferably with non-stop record highs.Just after Liberation Day, Treasury Secretary Scott Bessent declared “it’s main street’s turn now” but that lasted about three days before the long, slow walkback on tariffs began. Notably, the earliest tariff U-turns were hinted…
Trump hates to the see the market go down.There is a breaking report about Trump’s team floating selling H200 Nvidia chips to China. This idea has come and gone a couple times in the past month.There is a pop in Nvidia shares on this.There is also a pop in the broad market on this and it’s a reminder that Trump can’t stand to see stock markets go down and that the Trump put is undefeated. Now this report says they’re internally floating the idea and you have to imaging it was floated to get the market higher.Note this isn’t the…