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EUR/USD stabilizes near 1.0500, looks to post weekly losses

EUR/USD stabilizes near 1.0500, looks to post weekly losses

EUR/USD extended its daily decline toward 1.0500 in the second half of the American session, pressured by the souring market mood. Despite the bullish action seen earlier in the week, the pair remains on track to register weekly losses.

EUR/USD News

GBP/USD falls below 1.2150 as USD rebounds

GBP/USD falls below 1.2150 as USD rebounds

Following an earlier recovery attempt, GBP/USD turned south and declined below 1.2100 in the second half of the day on Friday. The negative shift seen in risk mood amid rising geopolitical tensions helps the US Dollar outperform its rivals and hurts the pair.

GBP/USD News

FXS SIGNALS



Deeper dive

Key risks to the global outlook

Key risks to the global outlook

A lack of transparency and a convoluted financing system have raised fears that the problems of China’s property development companies and the spillover to local government financing vehicles (LGFVs) could result in banking failures. 

Are we on the verge of the biggest commodity supply squeeze ever?

Are we on the verge of the biggest commodity supply squeeze ever?

The Global Energy Crisis 2.0 is snatching headlines and firmly positioning itself as one of the biggest macro-trading opportunities of the current financial climate that we find ourselves in right now.

US government shutdown makes it likely the Fed is finished hiking

US government shutdown makes it likely the Fed is finished hiking

The impending government shutdown will be economically disruptive and will restrict the flow of data the Fed will need to see to justify hiking interest rates further.

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CRYPTO KEYS

Turn off Solana and win $400,000 - Solana Foundation executive announces offer

Turn off Solana and win $400,000 - Solana Foundation executive announces offer

Solana has been touted as an Ethereum killer, but as with every blockchain in the crypto market, the network does not come without its fair share of issues. While many who get hacked or exploited deal with the issues after the fact, Solana intends to get a step ahead by making a very lucrative offer to white hat hackers.

More Solana news

Grayscale vs. SEC deadline: Commission faces a midnight Friday deadline to challenge August 29 loss

Grayscale vs. SEC deadline: Commission faces a midnight Friday deadline to challenge August 29 loss

Grayscale Investments secured a resounding victory in its longstanding case against the US Securities and Exchange Commission in late August. The lawsuit started in October after the firm approached the D.C. Circuit Court pushing to have its Bitcoin Trust converted to an Exchange-traded fund.

More Cryptocurrencies news

Loom Network price hits strong weekly resistance after 32% surge as LOOM ranks high on Korea’s Upbit

Loom Network price hits strong weekly resistance after 32% surge as LOOM ranks high on Korea’s Upbit

Loom Network token is highly bullish, passing as a rather lucrative investment for scalping traders, buying and selling the asset within a short period to make small profits. 

More Loom news

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