Pound Sterling sets for fourth straight positive monthly close against US Dollar
The Pound Sterling (GBP) claws back some of its early losses against the US Dollar (USD) and recovers to near 1.3470 during Friday’s North American session.
Gold declines despite renewed US-China trade tensions
Gold price (XAU/USD) slides to near $3,280 during North American trading hours on Friday, following a strong upside move the previous day.
USD/CHF Mid-Day Outlook
Daily Pivots: (S1) 0.8182; (P) 0.8265; (R1) 0.8312; More…. Range trading continues in USD/CHF and intraday bias stays neutral. On the downside, break of 0.8187 will resume the fall from 0.8475 to retest 0.8038 low. On the upside, above 0.8346 will bring stronger rise to 0.8475. Firm break there will extend the corrective pattern from […]
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Bad trade headline after another hit the market — but a key economic tracker is looking up
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Elon Musk deflects question about report of drug use, family drama as Trump looks on
Tesla CEO Elon Musk appeared with President Donald Trump in the Oval Office for an event marking the DOGE founder’s departure from Washington.
Crude oil futures settle at $60.79
Crude oil futures are settling at $60.79. That’s down $0.15 or -0.25% on the day.
For the week, the price fell -1.59%. For the year, the price fell -15.43%
This article was written by Greg Michalowski at www.forexlive.com.
More Japan Akazawa: No change in stance that tariffs, including those on auto, regretable
More from Japan Akazawa:
- No change in stance that tariffs, including those on auto parts, regretable.
- Aim to complement US, Japan strength in chips
- difficult to agree to a deal if US does not pay greed to drop all tariffs, including reciprocal and auto tariffs
This article was written by Greg Michalowski at www.forexlive.com.
United States Baker Hughes US Oil Rig Count fell from previous 465 to 461
United States Baker Hughes US Oil Rig Count fell from previous 465 to 461
US exceptionalism wanes as global investors pivot away – Rabobank
The concept of ‘US exceptionalism’ covers many specific themes. For academics it may have referred to the US’s ability to attract bright minds from around the world and generate cutting edge research.
OPEC+ exports set to rise – TDS
CTAs will continue to sell crude and industrial metals (x-copper) in most scenarios for prices by this time next week. In the imminent term, CTA selling activity will continue to weigh on price action into the OPEC meeting, TDS’ Senior Commodity Strategist Daniel Ghali notes.