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Swiss Franc: Navigating Choppy Waters Amid Mixed Signals The Swiss franc is currently navigating through a sea of mixed signals, making it a challenging environment for traders. Recent economic data out of Switzerland adds complexity to the situation, as the country’s annual inflation rate decelerated to 0.8% in September 2024, down from 1.1% in August. … Read more

Dollar’s Uncertain Path: Eyes on ADP Jobs Print The U.S. dollar finds itself at a critical juncture, holding at a key support level as market participants assess its next move. Recent data releases have provided mixed signals, contributing to uncertainty about the dollar’s direction. The upcoming ADP jobs report could be the tipping point that … Read more

Oil Market Volatility: What’s Driving the Surge? The oil market is experiencing a new wave of volatility driven by a combination of geopolitical fears and supply concerns. This complex environment is creating uncertainty and sudden market movements, keeping traders on their toes. Here’s a ook at the current factors affecting oil prices and what to … Read more

PCE Data Impact: Euro/Dollar & Gold – What to Watch For The U.S. Personal Consumption Expenditures (PCE) data release today which is important due to its potential to shift the Federal Reserve’s stance on interest rates. The PCE data is the Fed’s preferred inflation measure, so any surprises here could significantly impact the market dynamics … Read more

Copper’s Flag Breakout: China Stimulus Impact Copper prices are on a strong upward trajectory, breaking out after China’s recent stimulus measures were unveiled at the Politburo meeting on September 26. The Politburo’s detailed plan aims to inject much-needed liquidity and fiscal support into the Chinese economy, which has directly influenced the bullish sentiment in the … Read more

SNB’s 25bps Cut: A Subtle Move, Intervention Hints Create Uncertainty The Swiss National Bank (SNB) cut its policy rate by 25 basis points to 1.00%, a move that aligned with most market expectations. This decision initially strengthened the Swiss franc (CHF), as markets had priced in a 40% implied probability of a larger 50bps cut. … Read more

China Stimulus Fuels Copper Rally, But Long-Term Risks Linger China’s recent stimulus measures have injected fresh momentum into global commodities, especially copper. As the world’s largest consumer of copper, accounting for more than 50% of global demand, China’s economic health is critical to the outlook for this industrial metal. The latest stimulus package — including … Read more

Bank of Japan Comments Weigh on Yen: USD/JPY Outlook Faces Volatility as U.S. Data Looms China, the largest global consumer of copper, just introduced a broad set of stimulus measures, driving a strong buy bias across the copper market. The stimulus package includes key initiatives such as lowering the reserve requirement ratio for banks and … Read more

Bank of Japan Comments Weigh on Yen: USD/JPY Outlook Faces Volatility as U.S. Data Looms The Bank of Japan’s recent comments, which signaled a lower risk of inflation overshooting in the near term, have prompted a wave of yen weakness. This weakness allowed USD/JPY to find strong support and push higher, especially as traders digest … Read more

EUR/USD Buy Bias Strong After Dovish Fed, but European PMI Weakness Presents Significant Risks Following the dovish stance from the recent Federal Reserve meeting, which confirmed a 50bps rate cut and lowered the dot plot projections, the EUR/USD buy bias remains strong. Lower U.S. inflation expectations, alongside a projected rise in unemployment, signal continued weakness … Read more