Author: FX

The 10-year yield has moved up seven of the last nine trading days. During that time, the yield has moved from a low of 4.51% to the current yield at 4.780%. Prior to that move, the yield had moved up from a December 6 low of 4.126%. Since mid-September, the yield is up from 3.60%. Those are pretty hefty rises. The yield today is at its highest level going back to October 31. The high yield for 2023 reached up to 5.021% back on October 23. Does the market take yields back to 5%?If so, that will likely keep the…

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The US Dollar sprints higher for a fifth straight day against nearly every major G20 peer.  Markets are getting spooked by the idea that the Fed’s policy in 2025 might be more restrictive than anticipated.  The US Dollar Index (DXY) surges to 110.00, looking for consolidation at these upper levels. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, rallies for the fifth straight day and orbits at levels not seen since November 2022 while traders mull on their Fed policy rate outlook for 2025. The move comes after markets catch up with the recent Nonfarm Payrolls report…

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Investing.com — Walmart (NYSE:) GoLocal, the white-label delivery service of Walmart, and IBM (NYSE: NYSE:) have combined forces to streamline last-mile delivery for retailers. Announced on January 13, 2025, the partnership integrates Walmart GoLocal into IBM’s Sterling Order Management system. This merger of a top-tier order management platform with last-mile delivery services enables IBM retail clients who opt for Walmart GoLocal to easily incorporate a comprehensive range of last-mile delivery solutions into their business operations. The last-mile, often seen as the most challenging and expensive stage in the supply chain, can be further complicated by increasing consumer expectations for faster…

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Headlines:Markets:JPY leads, GBP lags on the dayEuropean equities lower; S&P 500 futures down 0.7%US 10-year yields flat at 4.773%Gold down 0.8% to $2,668.50WTI crude up 1.9% to $78.06Bitcoin down 4.2% to $90,574It’s been a decent start to the new week but we’re mostly picking up from where we left off on Friday.Risk trades are slumping further today as the dollar is jumping higher, continuing the moves after the US jobs report last week. Stocks are being pummeled with European indices down across the board and US futures also slipping lower during the session.S&P 500 futures were down around 0.3% earlier…

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Author of Trading in the Zone, Mark Douglas, defines trading edge as “nothing more than an indication of a higher probability of one thing happening over another.” This market edge has to be objective and quantifiable, which means it’s backed by numbers and statistics. You’re probably rolling your eyes and groaning “Ughh, math and spreadsheets!” It ain’t an edge if you don’t know the probability of the outcomes! You wouldn’t bet big in poker if you had absolutely no clue about the chances of your hand winning, would you? To have a reliable idea of the probability of your trading strategy’s success…

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MSFT Elliott Wave Analysis Trading Lounge. Function: Counter Trend. Mode: Corrective. Structure: Flat. Position: Minor wave C. Direction: Downside in wave C of (2). Details: We are looking for downside into what appears to be an Intermediate wave (2). If we were to break and found resistance on top of 400$ we could expect further downside towards MG2 of 300 at 380-372-365. MSFT Elliott Wave technical analysis – Daily chart Microsoft appears to be completing a wave C of the corrective wave (2). The downside pressure is evident, and a key level to watch is the $400 mark. If the price…

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Investing.com – The US dollar rose Monday, remaining at elevated levels after the stronger-than-expected US payrolls data, while sterling continued to struggle for friends. At 04:35 ET (09:35 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.4% higher to 109.930, after hitting its strongest level since October 2022 on Friday. Dollar firm ahead of CPI  The dollar has received a boost after Friday’s data showed US growth unexpectedly accelerated in December while the fell to 4.1%, leaving traders to scale back bets of Federal Reserve rate cuts this year. Markets are now…

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TradeCompass: Nasdaq 100 E-mini Futures Analysis – 13 January 2025Financial Instrument: Nasdaq 100 E-mini Futures (NQ Futures)Price at the Time of Analysis: 20885Key Levels and Trade Scenarios for Nasdaq 100 Futures TodayBullish Above: 20986Why Bullish Above:If Nasdaq 100 futures surpass 20986, the price would trade above today’s VWAP, the developing Value Area High (VAH), and Friday’s VAH. This move signals strong bullish momentum and could attract additional buying activity.Bullish Profit Targets for Nasdaq 100 Futures Today:21062 – Just below Friday’s VWAP, a critical institutional level.21100 – Friday’s Point of Control (POC), a high-volume price level.21173 – Below Friday’s VAH and…

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