fm41273

USD: Mar '25 is Down at 109.510. Energies: Feb '25 Crude is Down at 77.04. Financials: The Mar '25 30 Year T-Bond is Up 1 tick and trading at 110.28. Indices: The Mar '25 S&P 500 emini ES contract is 70 ticks Higher and trading at 5891.50. Gold: The Feb'25 Gold contract is trading Up at 2680.90.

WTI attracts strong follow-through buying amid worries about tightening global supply. Technical buying above the very important 200-day SMA contributes to the momentum. Hawkish Fed expectations underpin the USD, which might cap gains for Crude Oil prices. West Texas Intermediate (WTI) US Crude Oil

A leadership contest within the Canadian Liberal Party will select the new prime minister after Justin Trudeau’s resignation yesterday, ING’s FX analyst Chris Turner notes. Upside risks to USD/CAD remain largely unchanged“CAD has reacted positively to Trudeau’s departure and is finding a bit more su

Early year worries that the AI rally would fizzle out were rapidly wiped out at the start of this week by Microsoft’s announcement to be willing to spend $80bn on data centers – which pushed the stock up to 1.4% yesterday, by Foxconn’s announcement of a 42% surge in its December sales thanks to AI-d

EUR/USD may appreciate further as the 14-day RSI indicates an upward correction soon. The initial barrier appears around the nine-day EMA at 1.0350. The pair may navigate the support region around the psychological level of 1.0000. The EUR/USD pair pauses its four-day losing streak, trading near 1.0

Introduction to the awesome oscillator and divergence The Awesome Oscillator (AO), developed by Bill Williams, is a momentum-based technical indicator that compares the 34-period and 5-period simple moving averages (SMAs) of an asset’s median price. Displayed as a histogram, the AO visually re