Mike McMahon shares his insights into the current bullish dollar run and what It might mean for our markets going forward. Mike and Merlin also look at the New Zealand dollar, Halliburton, the Dixie, and much more. Mike also makes some unbelievable calls for the market going forward. Tune in and find out what they are!!
Editors’ Picks
EUR/USD extends weekly decline, approaches 1.0700
EUR/USD grinds lower and nears 1.0700 in European trading hours. The US Dollar takes modest advantage of a mixed sentiment and the absence of relevant macroeconomic news. An uptick in government bond yields provides additional support to the Greenback.
GBP/USD pressures weekly lows ahead of BoE rate decision
GBP/USD challenges weekly lows below 1.2500 as investors await the Bank of England monetary policy announcement. The Boe is widely anticipated to keep the main rate benchmark at 5.25%, with the focus on the Quarterly Inflation Report and Governor Bailey's words.
USD/JPY Price Analysis: Could test 156.00 due to the hawkish bias
USD/JPY could test the psychological level of 156.00 followed by the upper boundary of the ascending channel. The bullish trend would be confirmed if the MACD line crosses over the signal line. The 14-day EMA at 154.89 appears as the immediate support.
Editors’ Picks
EUR/USD extends weekly decline, approaches 1.0700
EUR/USD grinds lower and nears 1.0700 in European trading hours. The US Dollar takes modest advantage of a mixed sentiment and the absence of relevant macroeconomic news. An uptick in government bond yields provides additional support to the Greenback.
GBP/USD pressures weekly lows ahead of BoE rate decision
GBP/USD challenges weekly lows below 1.2500 as investors await the Bank of England monetary policy announcement. The Boe is widely anticipated to keep the main rate benchmark at 5.25%, with the focus on the Quarterly Inflation Report and Governor Bailey's words.
Gold stable just above $2,300 ahead of a fresh catalyst
Gold price remains little changed for a fourth consecutive day on Thursday, trading just above the $2,300 mark. The soft performance of global equities keeps the bright metal afloat as investors hope for directional clues.
Solana meme coins TREMP, BODEN rise after Donald Trump’s pro-crypto stance
Solana-based meme coins TREMP and BODEN post nearly 125% and 7% gains on Thursday. Former US President Donald Trump says his campaign will likely accept crypto donations.
BoE set to leave interest rates unchanged amid increasing expectations of cuts
It's anticipated that the BoE will maintain the benchmark interest rate at 5.25% after its policy meeting today at 11:00 GMT. Alongside the policy rate announcement, the bank will release the Monetary Policy Minutes and the Monetary Policy Report.
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