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Copper Technical Analysis – The sentiment remains mixed

Copper Technical Analysis – The sentiment remains mixed

Fundamental OverviewCopper continues to have a hard time as the market demands more stimulus from the Chinese officials to stimulate growth more strongly. Copper has been tightly correlated to the Chinese stock market in recent years which just shows the strong...

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Market Outlook for the Week of 25th – 29th November

Market Outlook for the Week of 25th – 29th November

The week ahead features several key economic events to watch. On Tuesday, the U.S. will release the CB consumer confidence index, new home sales, and the Richmond manufacturing index, providing updates on consumer sentiment and economic activity. Wednesday’s attention...

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Please mind the gap..

Please mind the gap..

The greenback is recovering losses to start European morning trade, as it starts to chew into the opening gap lower today. USD/JPY is now up to 154.60 levels, just a few pips shy of closing its opening gap lower:USD/JPY hourly chartBesides that, the commodity...

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Reminder: It will be a holiday-shortened week in the US

Reminder: It will be a holiday-shortened week in the US

AI imageAnd typically, that means broader markets will likely observe a more quiet and slower trading period as well. Even though Thanksgiving falls on Thursday and markets will be open again on Friday, the festive period usually sees many US businesses and offices in...

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FX option expiries for 25 November 10am New York cut

FX option expiries for 25 November 10am New York cut

There are just a couple to take note of, as highlighted in bold.They are for EUR/USD at the 1.0440 and 1.0485 levels. The pair opened with a gap higher today amid a weaker dollar and has been sticking thereabouts since. Offers layered closer to the 1.0500 mark are...

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