Introduction The U.S. Dollar Index (DXY) has continued its recent rebound from October lows near 97.50. The dollar’s renewed strength comes as traders position ahead of this week’s FOMC decision, with market sentiment cautious but leaning toward a continued pause in interest rates. Technically, the dollar is approaching a pivotal resistance zone that could determine Read More…
This week, US interest futures experienced volatility as traders reacted to Cautious Fed guidance and rising long-term yields. The Fed reduced its benchmark rate by 25 bps to 3.75 – 4.00%, which was largely priced in by the markets. However, Fed Chair Powell warned that further cuts are not guaranteed. This eased the expectations of Read More…
The US equities remained steady on Wednesday, after President Donald Trump and Xi Jinping’s meeting ended conciliatory, reducing tariffs from 57% to 47%. Meanwhile, Beijing agreed to suspend rare earth export controls for one year, easing the trade tensions between the two countries. These developments have pushed the markets towards record highs. The S&P 500 Read More…
Crude oil futures stayed volatile this week as traders weighed US sanctions on Russia’s oil producers against a potential OPEC+ output increase and signs of solid global demand. According to Bloomberg, Russia’s seaborne oil exports slipped from a 30-month top in the week ending 26th October, reducing 70k barrels a day to 3.72 mpd. However, Read More…
Introduction The Nasdaq 100 E-mini Futures (NQ) have broken above the previous all-time high (ATH) at 25,394.00. The index remains firmly in bullish territory, with buyers successfully defending key breakout levels as momentum continues to favor the upside. Let’s take a closer look at the technicals and what they tell us. Technical Overview On the Read More…
Gold futures plummeted on Tuesday, slipping well below the key $4,000 mark as investors scaled back positions after several weeks of intense rallying. The retreat came after the yellow metal hit a fresh all-time high near the $4,400 area on 20th October, a 7-week climb of around 27%. The gold futures lost traction as global Read More…
