Author: FX

Major European indices are closing higher on the day and for the week as well:German DAX, +0.13%. For the week 1.72%France’s CAC, unchanged. For the week +0.63%UK’s FTSE 100 +0.70%. For the week +3.11%.Spain’s Ibex, +0.44%. For the week +1.67%.Italy’s FTSE MIB +0.25%. For the week +1.74%As London/European traders head for the exits with smiles on their faces, US indices are also moving higher today and or higher for the week. All are on pace for record closes.Dow industrial average was 556 point or 1.19% at 47291.. The index is up 2.18% for the week.S&P index up 64 points or…

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Dialogue between Russia and USD is continuing despite recent unfriendly steps from Washington.Such dialogue is only possible if Russia’s interests are treated with respect. Various forces, mainly UK and Europeans, trying to derail direct dialogue between PutinThese things are going nowhere but the gameplan of grooming Trump (blaming UK and Europe) is back on. This article was written by Greg Michalowski at investinglive.com. Source link

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The USDCAD popped higher earlier after Pres. Trump announced he was terminating trade talks with Canada, blaming Ontario ads that painted former Pres. Reagan as anti-tariff. The headline lit a quick rally, but sellers leaned against the 200-hour MA, halting the move.The pair briefly broke above that level before fading on softer U.S. CPI data, though the pullback was shallow. Since then, the market’s gone quiet, with price now consolidating between the 100- and 200-hour MAs — roughly 1.4013–1.4026.Traders are waiting for a breakout:Upside bias: Above 1.4026 opens 1.4060–1.4067, then 1.4079 (Oct 1 high).Downside risk: Below the 100-hour MA and…

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Oil had a monster day on Thursday, clocking its biggest one-day jump in more than four months. WTI crude popped 5.6% to hit $62 a barrel, while Brent climbed all the way to $66. And no, it’s not because Nobody Wants This Season 2 just dropped and everybody decided to Netflix and chill instead of driving around. This week, traders were blindsided after U.S. President Trump slapped sanctions on Russia’s two BIGGEST oil companies. Wait, What? On October 22, 2025, the Trump administration sanctioned Rosneft and Lukoil, which together produce about 3.1 million barrels per day. That’s nearly 50% of…

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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…

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Pony.ai (NASDAQ:PONY) Friday reported the rollout of its 300th jointly manufactured ARCFOX Alpha T5 Robotaxi—a significant production milestone that accelerates the company’s trajectory toward large-scale deployment and commercialization. The ARCFOX Alpha T5 Robotaxi was jointly developed and produced in partnership Source link

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Prior +0.5%; revised to +0.6%Retail sales +1.5% vs +0.4% y/y expectedPrior +0.7%Retail sales ex autos, fuel +0.6% vs -0.6% m/m expectedPrior +0.8%; revised to +1.0%Retail sales ex autos, fuel +2.3% vs +0.7% y/y expectedPrior +1.2%; revised to +1.3% This article was written by Justin Low at investinglive.com. Source link

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