Ethereum Rises with the Help of a Contained USD
ETH/USD takes advantage of the greenback’s lackluster performance, despite rising bond yields, to advance to key technical levels
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
Page 35 of 140
ETH/USD takes advantage of the greenback’s lackluster performance, despite rising bond yields, to advance to key technical levels
The pair starts an event-packed week in a cautious mood, as markets gear up for Thursday’s pivotal rate decision by the European Central Bank and Friday’s US PCE inflation update
The index heads to a losing week due to elevated bond yields, Mr Powell’s speech where he kept the door open to more hikes and Tesla’s poor results that outweighed the strong report by Netflix
The social media giant announces its latest quarterly results on October 25, running an impressive year, with improved financials and an acceleration in its Artificial Intelligence capabilities
Watch today’s US Open for insights on the strong Q3 results from Netflix and the disappointing report from Tesla, UK’s sticky inflation and more
The Middle East conflict has boosted USOil, but the commodity comes under pressure today, after the US lifted sanctions on Venezuelan oil
The streaming giant is a growth story again as the pace of user additions and revenue increase accelerated in Q3 due to the success of its strategic initiatives, but also announced price hikes to some of its tiers
Tesla and Netflix release their highly anticipated Q3 results today after Wall Street closes, kicking things off for Big Tech, with more giants like Microsoft and Amazon following next week
Less than a month after the Bank of England had paused its tightening cycle, emboldened by progress on price pressures, today’s data showed that inflation is sticky, keeping further tightening in play
HKG33 is mixed as markets digest better than expected economic releases from China, BYD’s strong profit estimate and new export bans of AI chip for the US
The index falls as markets digest the latest economic releases and plans for more AI chips export restrictions, ahead of incoming Tesla & Netflix quarterly results, as well as scheduled speech by Fed Chair Powell
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.