Forex
Ciena Corporation (NYSE: CIEN) is trading at $379.14 on October 2, 2026, showing more than 7.8 percent gain on the day… Written by: Arslan Ali Butt • Friday, October 2, 2026 • 3 min read • Last updated: Friday, October 2, 2026 Add an article to your Reading List Register now to be able to…
The First Real Data Test of Q4 Broke the Q3 Script in Yields and the Dollar, but Not the Euro’s France Problem What’s happening: September’s US employment report was almost the cleanest dovish combination markets could have received. Payrolls rose just 29K against a 90K consensus, unemployment edged up to 4.2%, wages undershot and prior…
Brent price fell below $100 on Friday, reversing the large part of Thursday’s 5.5% rally, as sentiment continues to change on daily basis. Initial fears of longer supply disruption on signs of fresh escalation of US-Iran conflict were faded by talks that the EU countries would release 50 million barrels of diesel from their strategic…
Created on October 02, 2026 It makes a certain amount of sense considering that we have the nonfarm payroll announcement coming out on Friday. That’s a major factor in the USD/JPY pair quite often because of the bond markets and the interest-rate moves that it will cause. I still like the interest rate differential That…
USD/JPY edged lower to 157.94 on Friday following a sharp rise the previous day. The yen is finding support from Tokyo inflation data, with core inflation accelerating to 2.7% in September and exceeding the Bank of Japan’s 2% target for the first time in nine months. At the same time, the Bank of Japan’s summary…
The short-term Elliott Wave view in Dow Futures (YM) shows that the cycle from the August 5, 2026 high remains active as a double three corrective structure. From that peak, wave (w) finished at 51609. A rally in wave (x) then ended at 52840. The Index has since resumed its decline and broke below the…
The dollar is flexing its muscles again, with the DXY at a 16 month high and traders still pricing in several Fed hikes despite softer PCE. That mix of a strong greenback and rate uncertainty creates real winners and losers. Currency hedging is suddenly front and center. This piece walks through three stocks from our…
The dollar index continues to benefit from several key factors – growing expectations for more hawkish Fed, as rising oil prices fuel inflation, strong risk aversion environment that boosts its safe-haven appeal and sharp selloff in bond market that pushed the yield on benchmark 10-year Treasury bond to the highest since 2022. Thursday’s advance cracked…
EUR/USD fell to 1.1328 on Thursday. Support for the US currency is being generated by a sharp rise in US Treasury yields amid fears that inflation, driven by expensive energy, will require a tougher Federal Reserve policy. The yield on 10-year bonds is holding around 5.3%, while 30-year bonds are around 5.64%. Both are at…
AUDJPY: ⬆️ Buy – AUDJPY reversed from key support level 109.00 – Likely to rise to resistance level 111.00 AUDJPY currency pair recently reversed up from the key support level 109.00, which previously stopped wave (4) in May and wave (C) at the start of August and which coincides with the lower daily Bollinger Band….