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Forex
Members say policy rate remains far below neutral despite recent hike
The Bank of Japan (BoJ) published the Summary of Opinions from the December monetary policy meeting, with the key findings noted below. Key quotesOne member said although policy…
Nasdaq futures test upper structure as key pivots hold
Daily and intraday structure remain aligned following the December 19 pivot reclaimNasdaq March Futures (NQH) - Asia, London and New YorkMarket contextThis update is a direct…
Silver price today: rises on December 24
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $71.66 per troy ounce, up 0.19% from the $71.53 it cost on Tuesday.Silver prices have…
Indian Rupee drops as FIIs continue to dump Indian stocks
The Indian Rupee (INR) faces selling pressure against the US Dollar (USD) on Wednesday. The USD/INR pair recovers to near 90.20, but is broadly in the corrective phase, following…
EUR/USD steady near 1.1800 amid thin liquidity, policy divergence
EUR/USD trades around 1.1800 on Wednesday at the time of writing, up 0.10% on the day, after reaching its highest level since late September earlier in the day. The pair is…
Sees more downside to near 0.7830
The USD/CHF pair extends its losing streak for the third trading day on Wednesday. The Swiss Franc pair posts a fresh three-month low at 0.7860 during the European trading session…
US weekly Initial Jobless Claims decline to 214,000 vs. 223,000 expected
There were 214,000 Initial Jobless Claims in the week ending December 20, a decrease of 10,000 from the previous week's unrevised level, the US Department of Labor (DOL) reported…
Silver rises for fourth day amid Fed easing bets, safe-haven demand
Silver (XAG/USD) trades around $72.05 on Wednesday at the time of writing, up 0.70% on the day. The white metal extends its bullish momentum for a fourth straight day and reached a…
OKLO’s AI nuclear hype meets a cold technical reality
Oklo Inc. (OKLO) has become a favorite for investors looking to play the intersection of advanced nuclear technology and the massive power demands of AI data centers. Their fast…
Three resistance levels stand between bulls and breakout
Rivian Automotive (RIVN), the electric vehicle manufacturer focused on adventure-oriented trucks and SUVs, has staged an impressive comeback from its December lows. But the real…