Two Trades To Watch: GBP/USD, EUR/USD Forecast - Thursday, Oct. 9
GBP/USD drops to a two-week low due to a stronger USD and budget concerns. EUR/USD falls to a 6-week low as French political issues remain.
Germany: Searching For A Higher Gear
Optimism in Germany took a hit over the summer as political developments and decisions undermined the full positive impact of the fiscal stimulus announced in the spring.
Silver Nears $50 Per Ounce Mark
Silver gained over 3% on Wednesday, nearing the $50 per ounce mark, an all-time high, as the protracted US government shutdown amid heightened geopolitical and economic uncertainty spurred demand for safe-haven assets.
Inflation Should Not Trigger A Minsky Moment
Minsky Moment is the sudden collapse of the market following a long period of unsustainable speculative activity involving high debt amounts taken by investors.
The Supermajor Era In Homebuilders
The excesses of the 2000s subprime housing bubble financial crisis forced a fundamental reset in US homebuilding.
AUD/USD Signal: New Wide Bearish Price Channel
The Australian Dollar has been falling in the past hour after forming and rejecting the upper trend line of a multi-day bearish price channel.
Gold Outshines Fading Dollar
The U.S. dollar has experienced a significant decline of over 10% since the start of the year.
EUR/JPY Price Forecast: Trades Around 177.50 After Pulling Back From Fresh Highs
EUR/JPY reached 177.94, an all-time high on Thursday.
Solana ETF Fee Cuts And $6B Bet Send SOL Price Into Overdrive
The price of Solana has rebounded as optimism sweeps through the crypto market.
