The USD/CAD exchange rate has climbed for two consecutive days, posting a short-term gain of approximately 0.5%, buoyed by Federal Reserve Chairman Jerome Powell’s measured remarks on monetary policy. Despite this uptick, the US Dollar’s momentum remains hesitant, with the pair stuck in a directionless range, reflecting market indecision. Meanwhile, …
Read More »Wake Up Call from Powell: Is US Stocks Rally Headed for Collapse?
U.S. stocks have shattered records relentlessly, but cracks are showing. On September 23, 2025, the rally stalled: the Dow Jones Industrial Average dropped 0.3%, the S&P 500 fell 0.6%, and the Nasdaq Composite slid 0.9%. Federal Reserve Chair Jerome Powell’s stark warning—that equities look “fairly highly valued”—poured cold water on …
Read More »Gold Climbs to Fresh Peaks Amid Fed’s Balanced Rate Strategy and Heightened Global Tensions
Gold prices have pushed further into record territory, achieving a new all-time high of $3,791.255 on Tuesday, fueled by prospects of additional Federal Reserve interest rate cuts and ongoing geopolitical uncertainties that sustain robust safe-haven buying. As of 19:24 GMT+2, gold is trading at $3,783.140, marking a 0.98% gain from …
Read More »US Economy Slows but Stays Strong: September PMI Signals Steady Growth
The US economy showed signs of cooling in September, yet it remains firmly in expansion territory, according to the latest flash S&P Global Composite PMI data. Dropping slightly to 53.6 from 54.6 in August, the Composite PMI reflects a private sector that continues to grow, though with less vigor than …
Read More »U.S. Futures Hold Steady Ahead of Powell Speech and PMI Data
U.S. stock index futures traded in a muted fashion on Tuesday, pausing after Wall Street logged a three-day winning streak and fresh record highs. At 05:55 ET (09:55 GMT), Dow Jones Futures added 85 points, or 0.2%, S&P 500 Futures edged up 1 point, or 0.1%, and Nasdaq 100 Futures …
Read More »Bitcoin Holds Steady After $1.5 Billion Derivatives Shakeout
Bitcoin traded largely unchanged on Tuesday, extending pressure from a massive $1.5 billion wipe-out in crypto derivatives a day earlier, while investors braced for fresh volatility tied to one of the largest ever options expiries. Crypto Sell-Off Wipes Out Leverage The world’s biggest cryptocurrency last slipped 0.1% to $112,711.6 as …
Read More »Gold Pushes to Fresh Record Highs Amid Fed Uncertainty
Gold prices climbed to new records in Asian trading on Tuesday, supported by safe-haven demand as cautious comments from Federal Reserve officials tempered expectations for aggressive interest rate cuts. Haven Flows Drive Gold Higher Spot gold surged to an all-time high of $3,759.18/oz, while gold futures touched $3,794.82/oz. Risk aversion …
Read More »Dollar Struggles as Fed Caution Tempers Rate-Cut Bets
The U.S. dollar faced renewed pressure in Asian trading on Tuesday as investors digested a mix of hawkish and dovish signals from Federal Reserve officials ahead of key inflation data later this week. The dollar index steadied at 97.326, after snapping a three-day winning streak on Monday. Fed Caution Keeps …
Read More »Oil Prices Slip Amid Geopolitical Tensions and Supply Concerns
Oil prices edged lower in Asian trading on Tuesday as markets weighed heightened geopolitical risks against lingering concerns about global demand. Brent crude futures expiring in November fell 0.3% to $66.36 per barrel, while West Texas Intermediate (WTI) crude futures also dropped 0.3% to $62.10 per barrel as of 21:47 …
Read More »Euro Surges Against the Dollar as Traders Await Powell’s Speech
The Euro (EUR) has strengthened against the US Dollar (USD), with the EUR/USD pair rallying to the 1.1800 level. This move comes as the dollar weakens following mixed signals from Federal Reserve (Fed) officials and ahead of a highly anticipated speech by Fed Chair Jerome Powell. The US Dollar Index …
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