Hi, it’s Thursday on The Traders Podcast, and this is a special crisis episode, where your host Rob Booker reports on a drastic move (depicted at right) where the Swiss franc gives up. Also: Bitcoin is collapsing, and we don’t know why yet… But Rob speculates. And Jason makes a quick prediction about the Academy Awards Best Picture nominees.
And while you still can, don’t forget to check out Rob’s early bird signup for the newest version of his trading course (releasing this upcoming Friday, January 16) — Trifecta 4.
Editors’ Picks
EUR/USD hovers around 1.0550 near yearly lows amid cautious Fed, dovish ECB
The EUR/USD pair trades around 1.0550 during Monday’s Asian trading session, hovering near its yearly low of 1.0496, which was reached on November 14. Downside risks for the pair have intensified following cautious comments from Federal Reserve (Fed) officials and stronger-than-expected US Retail Sales data, broadly supporting the US Dollar (USD).
GBP/USD recovers slightly from multi-month low, remains below mid-1.2600s
The GBP/USD pair kicks off the new week on a subdued note and consolidates in a range above the 1.2600 round-figure mark, or the lowest level since mid-May touched on Friday. Spot prices, for now, seem to have snapped a six-day losing streak amid a modest US Dollar (USD) downtick, though the fundamental backdrop supports prospects for an extension of the recent well-established downtrend.
USD/JPY regains 154.00 and beyond amid BoJ's Ueda-led volatility
USD/JPY has recaptured 154.00 in Asian trading on Monday after BoJ Governor Kazuo Ueda's comments injected volatility around the Japanese Yen. Ueda offered no clues on a likely December interest rate hike, weigihing heavily on the Yen while triggering a big USD/JPY jump.
Editors’ Picks
AUD/USD holds the bounce toward 0.6500 amid mixed markets
AUD/USD remains on the front foot, looking to 0.6500 in Asian session on Monday. A broadly subdued US Dollar supports the Aussie but the further upside appears elusive as sentiment remains tepid ahead of Fedspeak and Tuesday's RBA Minutes release.
USD/JPY regains 154.00 and beyond amid BoJ's Ueda-led volatility
USD/JPY has recaptured 154.00 in Asian trading on Monday after BoJ Governor Kazuo Ueda's comments injected volatility around the Japanese Yen. Ueda offered no clues on a likely December interest rate hike, weigihing heavily on the Yen while triggering a big USD/JPY jump.
Gold extends recovery to test $2,600 amid renewed Russia-Ukraine tensions
Gold price (XAU/USD) extends its rebound to test $2,600 early Monday, snapping a six-day losing streak. The latest uptick in Gold price could be attributed to rsurfacing Russia-Ukraine geopolitical tensions after US authorizes Ukraine to use long-range US weapons to strike inside Russia.
Dollar rally 2024: Epic bull run or dangerous bubble?
Dear, The US dollar is surging—how high can it go? Is this unstoppable growth or a bubble about to burst? Discover the 5 key factors fueling this rally Watch, learn, and get ready for what’s next! .
Week ahead: Preliminary November PMIs to catch the market’s attention
With the dust from the US elections slowly settling down, the week is about to reach its end and we have a look at what next week’s calendar has in store for the markets. On the monetary front, a number of policymakers from various central banks are scheduled to speak.
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