WTI holds gains around $61.50 due to smaller output hike by OPEC+
West Texas Intermediate (WTI) Oil price is extending its gains, trading around $61.60 per barrel during the early European hours on Monday.
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GBP/JPY gathers strength above 201.50 as Sanae Takaichi wins LDP election
The GBP/JPY cross climbs to around 201.70, the highest since July 2024, during the early European session on Monday. The Japanese Yen (JPY) weakens against the Pound Sterling (GBP) as a ruling-party vote for Sanae Takaichi to become Japan’s next Prime Minister. -
EUR/AUD Daily Outlook
Daily Pivots: (S1) 1.7760; (P) 1.7779; (R1) 1.7806; More… Intraday bias in EUR/AUD stays neutral at this point. On the downside, however, sustained break of 61.8% retracement of 1.7245 to 1.8155 at 1.7593 will bring deeper fall to 1.7245 resistance, as part of the corrective pattern from 1.8554 high. In the bigger picture, price actions […]
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Treasury Secretary Bessent to remain as IRS commissioner after filling role on temporary basis, sources say
Treasury Secretary Scott Bessent will remain in his role as IRS commissioner, with a new official to be announced as his top deputy -
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Verizon names former PayPal boss Dan Schulman as new CEO, replacing Hans Vestberg
Verizon on Monday named former PayPal CEO Dan Schulman as the company’s new CEO, effective immediately and replacing Hans Vestberg. -
Trump administration resumes student loan forgiveness for some borrowers
The Trump administration has restarted student loan forgiveness on the IBR program, a benefit that has been partially paused since July. -
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.1717; (P) 1.1738; (R1) 1.1763; More… EUR/USD falls notably today but stays above 1.1644 support. Intraday bias remains neutral first. On the downside, break of 1.1644 and sustained trading below 55 D EMA (now at 1.1679) will indicate medium term topping at 1.1917, on bearish divergence condition in D MACD. Further fall […]
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EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.1717; (P) 1.1738; (R1) 1.1763; More… EUR/USD falls notably today but stays above 1.1644 support. Intraday bias remains neutral first. On the downside, break of 1.1644 and sustained trading below 55 D EMA (now at 1.1679) will indicate medium term topping at 1.1917, on bearish divergence condition in D MACD. Further fall […]
The post EUR/USD Mid-Day Outlook appeared first on Action Forex.
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Mike Novogratz’s Galaxy Digital jumps 10% after launching retail trading app to compete against Robinhood
Galaxy Digital introduced a commission-free trading platform, Galaxy One, on Monday that offers similar services to rival Robinhood.
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