Commodities
Gold price (XAU/USD) rises to seven-week highs near $4,275 during the early Asian session on Friday. The precious metal extends its upside as the US Federal Reserve’s (Fed) quarter-point rate cut drags the US Dollar (USD) lower.
December 11th North-American Session Recap – Another wild post-FOMC session. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up tomorrow.
Commodities
Winners and Losers since the Fed Cut: We analyze the winners and losers following the Federal Reserve rate cut. While cuts generally boost assets, the divergence between short and long-term yields creates varied impacts. We break down performance across stocks, crypto, and bonds to spot the top segments dominating the charts.
Forex
The Australian Dollar (AUD) rebounds sharply against the US Dollar (USD) on Thursday, shrugging off earlier weakness triggered by softer-than-expected Australian employment data as selling pressure on the Greenback intensifies following weaker US Initial Jobless Claims.
Forex
The Euro (EUR) extends its advance against the US Dollar (USD) on Thursday as the Greenback slides to multi-week lows following the latest US Initial Jobless Claims release. At the time of writing, EUR/USD is trading around 1.1748, its highest level since October 3.
Indices
Dow Jones, Nasdaq, and S&P five hundred Technical Analysis: The Dow Jones hits record highs, extending its lead as the Nasdaq struggles with peak-AI fears. Higher jobless claims support the rate cut narrative, fueling a rotation into traditional, debt-heavy sectors. We analyze the intraday divergence as the US Dollar gets hammered.
Forex
Sterling rallies during the North American session, up over 0.68% after the Federal Reserve delivered as expected a 25-basis points rate cut and a softer than expected jobs report, weighed on the Dollar. At the time of writing, the GBP/USD trades at 1.3417 after bouncing off daily lows of 1.3354.
Indices
Breaking News: Dow Jones (DJIA) breaks its all-time highs. Strong Flows in Traditional and Defensive sectors today – Market update coming up.
Commodities
In today's episode, TraderNick and podcast host Jonny Hart reflect on a decision to cut rates by the Federal Reserve and forward guidance. Otherwise, we touch base on the upside currently on display in silver pricing, the Bank of Japan, and the Swiss franc.
Forex
USD/JPY trades sharply lower on Thursday around 155.10 at the time of writing, down 0.50% on the day.
