France was plunged into fresh political turmoil on Monday after newly appointed Prime Minister Sébastien Lecornu and his government resigned only hours after unveiling their cabinet, marking the shortest-lived administration in modern French history. The shock resignation came barely 14 hours after Lecornu announced his ministerial team, sending the euro …
Read More »Gold Hits Record High as Yen Weakens and U.S. Rate Cut Bets Rise
Gold prices surged to fresh record highs in early Asian trading on Monday, supported by a sharp weakening in the Japanese yen and persistent expectations of further U.S. rate cuts amid political and economic uncertainty in Washington. Spot gold climbed as much as 1% to $3,926.63 an ounce, while December …
Read More »Officials Warn: Fed’s Dual Mandate Now a Dual Trap
The Federal Reserve finds itself in a precarious position, navigating an economy where the risks to its dual mandate of maximum employment and price stability are simultaneously rising. This is not the typical tradeoff of past cycles, but a more complex scenario where the danger lies in acting too slowly …
Read More »Yen Slides Post BoJ Governor’s Dovish Comments
The USD/JPY pair recorded a rise of about 0.2% amid pressure on the Japanese yen following the release of negative data from the Japanese labor market. The unemployment rate in August rose by 0.3 percentage points to 2.6%, its highest level in 13 months, compared to expectations of 2.4%.Dovish comments …
Read More »Euro Rises, Boosted by ECB’s Hawkish Comments
The EUR/USD pair recorded a 0.3% rise on Friday, supported by a decline in the dollar, which has been a positive factor for the euro in the markets recently.The euro also received an additional boost from hawkish comments made by European Central Bank (ECB) Governing Council member Pierre Wunsch, who …
Read More »Miran’s Push for Aggressive Rate Cuts: A Labor Market Lifeline or Inflation Time Bomb?
Federal Reserve Governor Stephen Miran’s renewed push for rapid interest rate reductions has spotlighted tensions in monetary policy, particularly as economic indicators flash warning signs amid the U.S. government shutdown. On October 3, 2025, during a Bloomberg Television interview, Miran advocated for an assertive adjustment to neutral rates, arguing it …
Read More »US Government Shutdown Fuels Pound’s Comeback
The ongoing US government shutdown, now in its third day as of early October 2025, has thrown financial markets into disarray by halting key data releases like September’s Nonfarm Payrolls. This vacuum is amplifying economic uncertainties, particularly as recent Purchasing Managers’ Index (PMI) figures signal slowdowns on both sides of …
Read More »Is the Loonie’s Slump Justified? Why BoC is Failing its Dual Mandate?
The Canadian Dollar (CAD) isn’t just weak; it’s a testament to policy paralysis. Its recent tumble, pushing the US Dollar (USD) to trade near 1.39688—a level not seen in five months—isn’t a market blip. It is a clear indictment of the Bank of Canada’s (BoC) impossible “two-way trap,” a situation …
Read More »Yen Hits Two-Week High on Dual Boost from Data and Safe Haven Demand
The Japanese Yen (JPY) surged to a two-week high against the US Dollar (USD) on Wednesday, driving the USD/JPY pair down by approximately 0.5%. This significant move was primarily fueled by a sharp increase in safe-haven demand after the US government officially entered a shutdown.The resulting political uncertainty in the …
Read More »US Session – Market Drivers: US Government Shutdown Fuels Global Currency Storm?
The ongoing US federal government shutdown is casting a long shadow over global markets, prompting a partial rebound in the US Dollar after days of declines. This political impasse isn’t just a domestic headache—it’s amplifying economic uncertainties worldwide, especially as key data releases loom. With no end in sight, investors …
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