USD/JPY appears consolidative above 162.00
USD/JPY builds on Friday’s rebound above 162.00 on Monday, climbing toward the area of two-day highs. Although expectations of another Fed rate hike have eased, market participants remain cautious over a potential FX intervention by Japanese authorities at any time.
EUR/USD trims losses, back to 1.1430
EUR/USD remains under pressure on Monday, although it now manages to trim its earlier losses and return to the 1.1430 zone, down marginally for the day. The pair’s mild pullback comes on the back of modest gains in the US Dollar in quite an apathetic start to the week.
Gold meets resistance around $4,200
Gold comes under fresh downside pressure on Monday, reversing three daily upticks in a row and meeting some initial resistance around the $4,200 mark per troy ounce. Safe-haven demand has shifted toward the US Dollar as renewed tensions surrounding the Strait of Hormuz weigh on market sentiment, limiting the precious metal's upside.
Crypto Today: Bitcoin, Ethereum, XRP pull back amid persistent ETF outflows
The cryptocurrency market is experiencing widespread weakness on Monday, with Bitcoin (BTC) sliding under the $63,000 mark amid ongoing risk aversion.
DEEPER DIVE
Kevin Warsh offers no policy clues: Why markets still got their answer
Financial markets came to Sintra looking for clues about the Federal Reserve's (Fed) next move. They largely left with confirmation that Fed Chair Kevin Warsh intends to make those clues much harder to find.
The US Dollar just beat the Swiss Franc at its own safe-haven game
As the king among safe havens, the Swiss Franc (CHF) is supposed to benefit from geopolitical shocks such as the Iran war. This time, it didn’t.
The stock market loves SpaceX, but the bond market isn’t so sure
Two weeks after the largest listing in market history, a company sitting on more than $100 billion of cash went to the bond market and borrowed $25 billion more. That is the fact to sit with.
CRYPTOCURRENCIES
Crypto Today: Bitcoin, Ethereum, XRP pull back amid persistent ETF outflows
The cryptocurrency market is experiencing widespread weakness on Monday, with Bitcoin sliding under the $63,000 mark amid ongoing risk aversion. Major altcoins, including Ethereum and Ripple, are following suit.
NEAR Protocol Price Forecast: NEAR loses steam near key resistance, raising downside risks
NEAR Protocol faces weakness on Monday, reversing from a key overhead trendline near $2.00. Retail demand is easing, with NEAR futures Open Interest and funding rates waning, which sparked the previous week’s rebound.
Bitcoin faces rejection at $64,000 amid persistent ETF outflows
Bitcoin is struggling below $64,000 on Monday after recovering more than 6% over the previous week. Institutional selling continued, with spot ETFs recording net outflows of over $520 million last week, marking the eighth consecutive week of withdrawals.
STOCKS
Constellation Energy Stock analysis: Is CEG a strong AI data centre power demand trade idea?
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: US Dollar rally stalls, but for how long? Premium
The Iran war failed to trigger a recession. Can the US economy keep defying expectations?
Gold: Buyers show interest as markets dial back near-term Fed rate hike expectations Premium
Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move
US Dollar: The Dollar stumbles, but the bigger picture remains unchanged Premium
Week ahead – ISM services PMI and Fed Minutes to shake Fed hike bets
Dollar drops on NFP, but rate hike still expected by year-end. ISM services PMI and Fed minutes are the greenback’s next catalysts. RBNZ expected to raise rates, focus will be on forward guidance.
EDUCATION
Something has gone completely wrong in enterprise AI
There is a moment in every boom when the music is still playing, the lights are still flashing, and someone finally notices that the bar tab has been left on the table. That is roughly where enterprise AI feels today.
The psychology of Gold buying during periods of market uncertainty
Historically, gold is considered a reliable investment avenue, especially in times of market uncertainty. Modern economies are based on fiat currency, where the value is determined by government decree and public trust.
PRESS RELEASES
VAP Group unveils VAP Ventures to back 100 startups by 2030, marking its next chapter in building the global innovation ecosystem
VAP Group announced the launch of VAP Ventures, its dedicated investment arm, marking a significant milestone in the company's evolution from building global platforms for innovation to directly supporting the founders shaping the future of technology.
My cTrader – Your trading life under one roof
cTrader has released My cTrader, a new section in cTrader Mobile 5.9 that puts account management, funding, platform products and support in one place.
XM launches new promotion for partners, with up to $40,000 in cash rewards
For a limited time, new and existing XM partners could earn thousands in rewards, in addition to their standard commissions.