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GBP/USD: Pound Hits $1.3370 After Powell Boosts Rate-Cut Hopes. UK GDP Data Is Up Next.

Key points: UK economy is expected to post a modest gain of just 0.1% for August. Meanwhile, the greenback reversed course after Powell flagged a[…]

EUR/USD: Euro Dives Under $1.1550 as Dollar Flexes Across the Board. What’s Happening?

Key points: Fresh wave of buying enthusiasm is lifting the dollar higher amid receding trade war jitters, Fed expectations, and the ongoing government shutdown. 🦁 Dollar[…]

XAU/USD: Gold Prices Jump to Fresh Record Above $4,080 as Demand Hits Fever Pitch

Key points: Institutions, retail traders, consumers, central banks — you name it, they’re all buying gold amid continuing uncertainty around the globe. 🏆 Safe-Haven Rush Sends[…]

DXY: Dollar Index Up 1.6%, Charting Its Best Week in a Year Despite Govt Shutdown

Key points: Greenback’s index is up more than 1.6% on the week so far. Why so resilient even amid a near-total economic blackout? 💵 Dollar Flexes[…]

EUR/USD: Dollar Strengthens as Fed Minutes Show Officials Divided Over Future Rate Cuts

Key points: Is it just one by the end of the year? Or two? The Fed squad is split over how many trims to interest[…]

TSLA: Tesla Stock Drifts Lower by 4.5% After Unveiling Sub-$40,000 Model Y and Model 3

Key points: Standard models don’t have many of the features and extras of the higher-end makes. Traders weren’t impressed as the price tag was way[…]

GBP/USD: Pound Struggles to Break Out of Short-Term Range Trading Near $1.35. What’s Next?

Key points: Currency pair is shuffling between $1.3330 and $1.3590, drawing double tops and double bottoms – a dream for every technical bro. ☕ Pound-Dollar Zig-Zagging[…]

USD/JPY: Dollar Zooms Past ¥150, Yen Plunges on Pro-Stimulus Takaichi Win. Bye, Bye Rate Hikes?

Key points: Loose monetary policy might be staying. Lawmaker Sanae Takaichi is almost certainly going to become Japan’s next prime minister. The markets are reacting[…]

USD/JPY: Dollar Struggles to Regain ¥148 as Traders Ramp Up Bets on Interest-Rate Cuts

Key points: Greenback is looking to log the fifth red day of the last six sessions. No jobs data on deck for Friday might help[…]

EUR/USD: Euro Seeks to Gain from Dollar Confusion After ADP Shows US Lost Jobs in September

Key points: Greenback bulls aren’t sure how to approach the situation – the US government is in shutdown and the private payrolls shed 32,000 jobs[…]

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