Author: FX
The Japanese Yen (JPY) drifts lower against its American counterpart during the Asian session on Tuesday and stalls the previous day’s goodish recovery move from a nearly two-week low. Despite the Bank of Japan’s (BoJ) hawkish outlook, investors remain uncertain about the likely timing of the next interest rate hike. This, along with fiscal concerns and a generally positive risk tone, undermines the safe-haven JPY and assists the USD/JPY pair to hold steady around mid-156.00s. However, a combination of factors warrants caution for the JPY bears, and before positioning for deeper losses.Hawkish BoJ expectations mark a significant divergence in comparison…
Dollar stabilises as Venezuela fears subside, risk-on mood grows Source link
The TTM Squeeze indicator was developed by trader John Carter, and it combines two popular concepts: Bollinger Bands and Keltner Channels. When these two indicators squeeze together, it shows that volatility is dropping and the market is getting tight. Think of it like a rubber band being stretched—the tighter it gets, the harder it snaps back. The indicator displays dots at the bottom of the chart. Red dots mean the squeeze is on, and the market is building pressure. Green dots signal the squeeze has fired, and price is ready to make a move. Reading the Signals Once traders understand…
Summary:White House confirms talks with US oil companies on VenezuelaTrump says firms could invest billions to rebuild energy sectorOfficials declined to name companies or timing of discussionsReuters reports major firms deny talks on Maduro’s overthrowChevron remains only US major operating in VenezuelaThe Trump administration has held discussions with multiple US oil companies about Venezuela, according to a White House official, as Washington signals an ambitious vision for rebuilding the country’s long-degraded energy sector following the removal of former president Nicolás Maduro. Speaking over the weekend, Donald Trump said US oil firms were prepared to invest billions of dollars into Venezuela’s…
Markets opened the first full trading week of 2026 with a risk-on rally despite geopolitical tensions, as traders looked past the weekend’s US military operation in Venezuela to focus on upcoming economic data releases, while weaker-than-expected manufacturing activity had limited impact on sentiment. Check out the forex news and economic updates you may have missed in the latest trading session! Forex News Headlines & Data: Dollar Index, Gold, S&P 500, Oil, U.S. 10-yr Yield, Bitcoin Overlay Chart by TradingView Monday’s session delivered a notable divergence between geopolitical headlines and market behavior, as traders demonstrated resilience by pushing risk assets higher…
bfk92/iStock Unreleased via Getty ImagesZIM Integrated Shipping (ZIM) -4.8% in Monday’s trading following a report from Calcalist that Israel’s Companies Authority has issued a warning to the shipping company’s Chairman Yair Sarosi that “the state has the right to oppose” a potential Source link
Novo launches Wegovy weight-loss pill for sale in US Source link
Here is what you need to know on Tuesday, January 6:Over the weekend, the United States (US) military entered Venezuela, capturing and bringing Venezuelan President Nicolas Maduro and his wife, Cilia Flores, to New York. According to the latest developments, Maduro is being held at the Metropolitan Detention Center in Brooklyn and will face narco-terrorism and possession of destructive weapons charges. Moreover, US President Donald Trump said that Washington might make a fresh military intervention if Venezuela’s interim president, Delcy Rodriguez, did not accommodate his demands.The US Dollar Index (DXY) is trading near the 98.30 price region, with market participants…
Prior was 48.2Prices paid 58.5 vs 57.0 expected (58.5 prior)Employment 44.9 vs 44.0 priorNew orders 47.7 vs 47.4 priorA miserable year for US manufacturing ends with some extra disappointment. This is the lowest reading since November 2024.ISM manufacturing indexThe new orders reading was a slight improvement but still deeply in contractionary territory. The promises of tariffs aren’t paying off as companies are reluctant to invest in long-term production given the uncertainty of the legality and staying power of tariffs. Moreover, consumers are unwilling to buy expensive US-built consumer products rather than foreign imports. The prices paid component rising is ominous…
Toncoin (TON) USD just did something it hasn’t managed to do in over a year—it broke above a descending resistance trendline that’s been capping every rally attempt since late 2024. Currently trading at $1.8896, TON is finally showing signs that the brutal downtrend might be exhausting itself. For traders who’ve watched this cryptocurrency get repeatedly rejected at this trendline throughout 2025, this breakout carries real significance.Let’s unpack what’s happening here. That yellow diagonal line you see cutting across the chart? That’s been the boss level for TON buyers all year long. Every time price rallied toward it—and there were multiple…