Hi, it’s Thursday on The Traders Podcast, and this is a special crisis episode, where your host Rob Booker reports on a drastic move (depicted at right) where the Swiss franc gives up. Also: Bitcoin is collapsing, and we don’t know why yet… But Rob speculates. And Jason makes a quick prediction about the Academy Awards Best Picture nominees.
And while you still can, don’t forget to check out Rob’s early bird signup for the newest version of his trading course (releasing this upcoming Friday, January 16) — Trifecta 4.
Editors’ Picks
EUR/USD keeps its focus on 1.1800
EUR/USD is holding its ground near two-day highs around 1.1750 as Thursday’s session is drawing to a close. The pair is drawing support from a more constructive risk mood, helped by easing EU–US trade tensions and a softer US Dollar. Looking ahead, attention shifts to Friday’s flash PMI releases from both Europe and the US.
GBP/USD flirts with 1.3500 on persistent USD selling
GBP/USD is regaining momentum on Thursday and pushing up towards two-week highs around the 1.3500 mark. In the process, Cable is leaving Wednesday’s brief wobble behind and slipping back into its upward trend, helped by ongoing selling pressure on the Greenback ahead of key advanced PMI data on Friday.
USD/JPY bounces up and approaches 159.00 with all eyes on the BoJ
The US Dollar is trading higher across the board on Thursday, favoured by the de-escalation of the EU-US tensions. A brighter market sentiment halted the “Sell America” trade, pushing the USD/JPY to test one-week highs, at 158.87 on Thursday, after bouncing from the mid-range of the 157.00s earlier this week.
Editors’ Picks
AUD/USD: Door open to 0.7000?
AUD/USD is holding on to its bullish bias for a fourth straight day on Thursday, largely surpassing the 0.6800 barrier, levels last seen in October 2024. The continuation of the move higher in the Aussie comes in response to the softer Greenback and solid results from the Australian labour market report.
EUR/USD keeps its focus on 1.1800
EUR/USD is holding its ground near two-day highs around 1.1750 as Thursday’s session is drawing to a close. The pair is drawing support from a more constructive risk mood, helped by easing EU–US trade tensions and a softer US Dollar. Looking ahead, attention shifts to Friday’s flash PMI releases from both Europe and the US.
Gold: The $5,000 mark is just around the corner
Gold extends its impresive rally for yet another day on Thursday, this time surpassing the $4,900 mark per troy ounce to hit record highs on the back of the marked pullback in the US Dollar. The move is unfolding even as global risk appetite improves, after Donald Trump reversed course on Greenland, a shift that has helped cool broader geopolitical tensions.
Chainlink Price Forecast: LINK vulnerable to deeper losses amid waning retail demand, staking outflows
Chainlink (LINK) is trading under pressure at $12.20, reflecting heightened volatility in the broader cryptocurrency market at the time of writing on Thursday. The oracle token faces deepening bearish pressure as technical indicators deteriorate and market sentiment weakens.
Trump walks back NATO tariffs, signals de-escalation
What began as a sharp escalation risk quickly turned into a de-escalation signal. Earlier this week, markets briefly priced in escalation risk after Donald J. Trump proposed a 10% tariff hike on eight NATO nations amid the Greenland dispute.
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The challenge: Timing the market and trader psychology
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