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Forex
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…
USD/CAD trades near five-month lows as BoC-Fed policy divergence favours the Loonie
The Canadian Dollar (CAD) holds modest gains against the US Dollar (USD) on Wednesday, even as the Greenback trades firm amid limited movement as markets drift into holiday mode.…
GBP/USD slips slightly as holiday-thinned markets keep trading subdued
The British Pound (GBP) softens against the US Dollar (USD) on Wednesday, with the Greenback finding mild support amid reduced liquidity during the shortened US holiday session. At…
GBP/USD slips slightly as holiday-thinned markets keep trading subdued
GBP/USD slips slightly as holiday-thinned markets keep trading subduedThe British Pound (GBP) softens against the US Dollar (USD) on Wednesday, with the Greenback finding mild…
Gold eases slightly from fresh record highs above $4,500
Gold (XAU/USD) treads water on Wednesday, with prices consolidating after surging to a fresh all-time high near $4,526 earlier in the day. Volatility picked up during the Asian…
Momentum improves, but downside risks linger below $60
West Texas Intermediate (WTI) Crude Oil trades little changed on Wednesday as markets slip into holiday mode, with prices hovering near two-week highs amid thin liquidity. The US…
Overbought signals hint at a pause
The British Pound (GBP) trades slightly lower against the Japanese Yen (JPY) on Wednesday, though thin holiday trading conditions are keeping price action contained within a tight…