News and Analysis

We are now halfway through October, and one of the clearest themes across the cryptocurrency market has been the lack of meaningful price action. The absence of direction has become increasingly evident in short-term trading, and even Bitcoin, the market’s benchmark asset, has failed to generate the type of moves needed to restore confidence across the sector.

Stocks started to shake last week and there was even a hint of this in the prior week. The question now is whether we’re at the point where buyers may abandon pullbacks as get closer to mid-term elections.

Gold remains at risk of staging a deeper correction. Though the dollar has eased back a bit along with yields, both still remain fundamentally supported.

Euro is attempting to regain its footing as stretched momentum raises the stakes for the next move ahead of key PMI data and central bank decisions.

As the second half of October begins, a growing sense of caution has become increasingly evident across the cryptocurrency market. Demand continues to struggle to regain momentum, while confidence around the sector's largest assets remains trapped in a relatively persistent phase of neutrality.

Meta and Tesla kick off earnings for the Mag 7, while Netflix also reports as the share price trades around 2026 lows.

The yen has ignored broad dollar weakness, falling Treasury yields and renewed market turbulence. Yet its relationship with US interest rates remains intact. So why is USD/JPY going absolutely nowhere fast?

It was a big week for the Dollar with stronger inflation pushing rate hike themes, with price action diverging as price printed a bearish engulf on the weekly DXY chart.

The trading week is coming to an end, and a sense of neutrality remains evident around gold's short-term price action. Over the last five trading sessions, the metal has posted a move of barely -0.3%, a situation that continues to highlight a growing phase of indecision and reflects a clear lack of direction across the market.

A sharp rejection from fresh highs has shifted momentum in favor of USD/CHF bears, raising the stakes for a critical support test.

U.S. stocks have opened mixed as investors continue to worry about the financing behind the AI trade while also looking ahead to more earnings next week.

After a wobble in the broader AI trade, the Magnificent Seven" stocks are reporting earnings in the coming week - see the key themes and Nasdaq 100 levels to watch!