GBP/USD Outlook: Negative Sentiment Below 1.3250 as 1.3200 Support Approaches
Created on September 29, 2026 The market is experiencing a notably strong US Dollar, which seems to be outperforming nearly every other currency around, including the pound. Overall, there’s a noticeable decline in risk sentiment. Over the past day, most riskier assets have taken a hit, and the GBP/USD pair is no exception. US Treasury […]
Phillies hold steady while Astros secure their spot as the MLB Postseason approaches
Postseason Baseball on the Horizon The crispness in the air signals the end of summer, and with the changing weather and falling leaves, it’s clear that postseason baseball is just around the corner. On Sunday, attention turned to several key teams as the playoff picture began to take shape. The Philadelphia Phillies were fighting for […]
EUR/JPY Price Outlook: Approaches nine-day EMA support around 180.00
The EUR/JPY pair has retraced some of its recent gains, currently trading near 180.10 during the Asian session on Friday. A closer look at the daily chart indicates that the currency pair remains within a downward channel, signaling a continued bearish sentiment. In the near term, the EUR/JPY maintains a bearish outlook as it trades […]
Republican Candidates Start to Hesitate on Iran Conflict as Election Approaches
As the midterm elections approach, Republicans in pivotal states have started voicing their opposition to the Iran war. Candidates are advocating for an end to the conflict, aligning with a growing public discontent over the war and economic worries. Key Republican figures such as Representative Ashley Hinson from Iowa, Senator Jon Husted from Ohio, gubernatorial […]
Administration Approaches Diesel Export Ban as Trump’s Iran Conflict Disrupts Energy Markets
The White House is reportedly getting closer to implementing a 90-day ban on diesel exports as the ongoing conflict in Iran continues to disrupt energy markets. This comes as diesel prices reach new all-time highs. According to a report by Politico, the legal framework for such a ban is still under development. However, opinions on […]
The United States’ emergency oil reserves are diminishing as winter approaches.
The Strategic Petroleum Reserve in the United States has dwindled to 284.6 million barrels, with the previous administration expecting oil companies to repay their borrowings. According to preliminary data from the Energy Information Administration, the reserve lost around 405,000 barrels during the week ending September 18, and it currently stands at approximately 121 million barrels—or […]
Copper price approaches new high as warehouses in Shanghai and London see reduced stocks.
Copper Prices Surge for Sixth Consecutive Day Copper saw an increase for the sixth day in a row on Tuesday, marking its longest consecutive gains in four months. This uptick was largely driven by Chinese buyers who were stocking up ahead of upcoming holidays, alongside dwindling inventories observed in Shanghai and London, signaling a tightening […]
S&P 500 remains mostly stable as Treasury yields increase; index approaches a losing week: Live updates
Market Update on September 16, 2026 Traders were active on the New York Stock Exchange as morning trading wrapped up on September 16, 2026. The S&P 500 ended Friday relatively flat, marking the conclusion of a turbulent week characterized by rising Treasury yields and oil prices, alongside the Federal Reserve’s first interest rate hike in […]
USD/CAD Price Prediction: Approaches 50-day EMA resistance with possible bullish breakout
USD/CAD Continues Upward Trend The USD/CAD pair is on a roll, marking its fifth day of gains, with current trading around 1.3910 during Asian trading hours on Tuesday. Analyzing the daily chart reveals that the price sits slightly above the upper trendline of a descending channel, which may suggest a bullish breakout is possible. However, […]
Tropical Storm Norbert Forms, Likely to Strengthen into Hurricane as It Approaches Hawaii
On Thursday morning, Tropical Storm Norbert formed in the Eastern Pacific, marking the 16th named storm of this hurricane season. This season has already seen three major hurricanes, all attributed to a significant El Niño phenomenon. The latest update from the National Hurricane Center (NHC) indicates that Norbert has sustained winds of 45 mph and […]