<p>The 2nd of three coupon auctions will take place at 1 PM ET (with results announced shortly thereafter) when the US treasury auctions all $37 million of 10-year notes. Tomorrow, the U.S. Treasury will auction off 30-year bonds.</p><p>The auction results will be evaluated against its six-month averages of the major components. T
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A mixed day for the major European indices
<p>The major European indices are closing the day with mixed results</p><ul><li>German DAX rose 1.43 points or 0.01%</li><li>France CAC fell -0.54% or -0.1%</li><li>UK FTSE 100.fell -32.18 points or -0.42%</li><li>Spain's Ibex rose 6.8 points or 0.07%</li><li>Italy's
AUDUSD buyers had their shot today and missed. What next?
<p>The AUDUSD moved off of swing-level support on the hourly chart at 0.6676 both yesterday and early in the Asian session today. After running up to test its falling 100-hour moving average and finding willing sellers, the traders regrouped and made a second attempt in the European session. That move extended above the moving average, [&hell
Pound Sterling holds onto recovery ahead of BoE Bailey's speech
The Pound Sterling (GBP) recovers its early losses despite uncertainty over the Bank of England’s (BoE) restrictive monetary policy stance persists due to deepening risks of a te
USD/CAD Price Analysis: At make or a break below 1.3400
The USD/CAD pair falls slightly to near 1.370 after failing to sustain above the round-level resistance of 1.3400.
Today's economic calendar is light on data but a pair of speakers will be notable
<p>It's January tenth and that's about the time of year when the turn-of-the-year flows dry up and we can get back to the business of trading fundamentals. Unfortunately, there aren't many fundamentals coming today.</p><p>The lone <a href="https://www.forexlive.com/EconomicCalendar" target="_blank&
Bitcoin ETF Battle: BlackRock, Ark Cut Fees amid False Approval Alert
<p>BlackRock and Ark Investment Management's recent move to slash fees for their planned spot bitcoin exchange-traded funds (ETFs). BlackRock's iShares Bitcoin Trust has lowered its fee from 0.30% to 0.25%, while Ark 21Shares Bitcoin ETF reduced its fee to 0.21% from the initial 0.25%.</p><p>BlackRock and Ark submitted t
Bankers Beware: Musk's X, P2P Payments, and the Super-App Upheaval
<p>In a world increasingly dominated by super-apps, Elon Musk's acquisition of Twitter and <a href="https://www.financemagnates.com/fintech/payments/tweetonomics-how-xs-peer-to-peer-payments-could-reshape-commerce/" target="_blank" rel="follow">his ambitious vision to transform it into the West's
Bitcoin ETF Decision D-Day, SEC Fake Approval Announcement Sparks BTC/USD Volatility
The SEC yesterday said that their X (formerly Twitter) account had been comprised after a false tweet was posted announcing that a raft of spot Bitcoin ETFs had been approved. The hotly awaited decision is expected today.