NoirLime
He liked
He liked
He liked
EUR retains a soft undertone – Scotiabank
Euro (EUR) price action reflects the firmer tone in the USD overall as well as some re-widening in EZ/US short-term spreads, Scotiabank’s Chief FX Strategist Shaun Osborne notes. EUR drops to 1.05 “Fair value has slipped a little to 1.0499 today, suggesting the EUR is trading about where it should b
He liked
US Dollar edges lower ahead of Jobless Claims, trade data
The US Dollar takes a step back with markets in a holding pattern towards Friday’s key NFP release. Fed Chairman Jerome Powell issued a warning on the US debt’s unsustainable path. The US Dollar Index (DXY) fails to close above the pivotal 106.50 level. The US Dollar (USD) trades marginally softer o
He liked
He liked
French politics in limbo as Barnier faces no-confidence vote
In focus today The no-confidence vote against French PM Michel Barnier is set to take center stage and is scheduled this afternoon at 16:00 CET. As Marine Le Pen's party announced they would support the vote of no confidence, the government will most likely collapse this evening. President Macron wi
He liked
BOJ’s Ueda hints at rate hike, yen dips
The Japanese yen is lower on Monday. In the European session, USD/JPY is trading at 150.03, up 0.26% on the day. Ueda says rate hike is “nearing” Bank of Japan Governor Ueda has been hinting about a rate hike and gave what was perhaps his strongest hint on Friday. In a newspaper interview, Ueda said
He liked
Scalping! Gold price recovers in the short term to 2648
#XAU/USD# SCALPING XAU / USD ⭐️Smart investment, Strong finance ⭐️GOLDEN INFORMATION: Gold prices (XAU/USD) remain under pressure during the early European session on Monday, trading near $2,630, at the lower end of the day's range. The US Dollar (USD) rebounds sharply from a nearly th
He liked
Silver Price Forecast: XAG/USD tests $30.00, next barrier appears at nine-day EMA
Silver price tests a “throwback support” at the psychological level of $30.00. The pair remains confined within a descending channel pattern, signaling a strong bearish bias. A decisive break below the throwback support could drive the Silver price to approach its three-month low of $27.69. Silver p
He liked
GBP/USD recovers ground as markets tilt into risk-on sentiment
GBP/USD snapped back above the 1.2600 decisively on Wednesday. Cable is now bound for a fresh test of 1.2700, but data remains lean. A raft of widely-expected US data clears the way for US market holiday. GBP/USD finally broke back above 1.2600 on Wednesday, propelled higher by a broad-market soften
He liked
He liked
He liked
Markets rally as investors cheer bessent nomination, tariffs, and holiday optimism
Markets celebrate the Scott Bessent nomination. Stocks surge! Trump announces 25% tariffs on Mexico and Canada to stem the flow of illegal immigration. (Tariffs imposed on January 20th). Adds an add’l 10% for China to stop the flow of fentanyl. Bonds, gold, and oil all trade lower – VIX screams ‘not
Pull-up Update
