Trading
Latest news, analysis, and updates in trading.
Dollar Buckles, Pound Leaps on Fed Rate Hike Bet Retreat
The pound is climbing near 1.3550 after weak U.S. retail and inflation data slashed expectations for a Fed rate hike, shifting attention to the upcoming UK empl
Trump Wins Naval Standoff, Crude Prices Refuse To Move
WTI oil prices held flat near $84 as President Trump rejected a truce extension, highlighting a tense standoff where market belief in unbroken supply chains is
Dow Falls 260 Points as Iran War Shift Unsettles Markets
The Dow Jones plunged 260 points, moving below 53,500, as markets abruptly priced in heightened war risks after a critical diplomatic deadline in the Strait of
Sterling Hits 3-Month High as Fed Fever Cools Dollar Rally
The pound surged past 1.3555 against a suddenly vulnerable US dollar, as traders erased bets on imminent Federal Reserve rate hikes and targeted the 1.3600 leve
Bitcoin Giants Buy the Math, Never the Price
The world's two biggest public BTC holders, Strategy and Metaplanet, are ignoring price to accumulate a fixed asset against an expanding money supply, betting o
Dollar Hits Two-Month Low as Data Kills Fed Hike Bets
The US Dollar Index plunged to a two-month low of 99.40 as weak retail sales and jobs data extinguish market expectations for further Federal Reserve interest r
NZD Soars to Two-Month High Past 0.5900, Ignores China
The NZD surged to a two-month high, defying weak Chinese economic data as traders focus on Federal Reserve policy and a collapsing US dollar.
Retail Earnings Unmask a 0.6% Consumer Spending Drop
A surprise 0.6% drop in July retail sales signals that consumers are stressed, while earnings this week from Walmart and others will provide the real-time diagn
Markets Dismiss BoJ Rate Hike Odds Amid Yen Malaise
Even as markets price in an 80% chance the Bank of Japan will hike rates in September, the yen's muted reaction reveals a deeper crisis of confidence.
Loonie Climbs on Faltering Fed Hike Odds Before CPI Test
The Canadian dollar is rallying because weak US data has vaporized bets on a Fed rate hike, but its fate hinges on Canada's own inflation report due imminently.
Retail Sales Crash Revives Gold's $100 Rally
Gold surged $100 as plummeting U.S. retail sales crushed expectations for a Federal Reserve rate hike, turning the metal into a direct trade against a weakening
Kiwi Dollar Breaks Key Ceiling as Greenback Careens
The New Zealand dollar has staged a sharp rally, but its surge to highs above 0.5900 is largely a function of significant, broad-based US dollar weakness driven