July 9, 2026 11:01 am
Key Moments EUR/CAD traded around 1.6210 during European hours on Thursday after two straight sessions of declines. Germany’s May trade surplus widened to €19.1 billion, surpassing forecasts of €14.8 billion and marking the highest level since February. West Texas Intermediate crude fell below $73.00 per barrel, pressuring the commodity-linked Canadian Dollar. Euro Advances on Robust […]
Read moreJuly 9, 2026 10:06 am
Key Moments SOL is trading just below a key resistance band at $79.26-$80.31 while sitting more than 15% under its 200-day moving average at $92.50. Derivatives positioning shows 70.1% of top Binance futures traders and 68.1% of retail accounts are long, with funding at a neutral 0.0041% and open interest at $755 million. A daily […]
Read moreJuly 9, 2026 9:58 am
Key Moments ADA is trading at $0.168, roughly 35% below its SMA 200 at $0.26, signaling sustained long-term weakness. Spot volume on Binance over 24 hours stands at just $19 million, highlighting thin liquidity in a persistent downtrend. A failure to reclaim $0.18 in the near term keeps $0.155 and potentially $0.13 in focus as […]
Read moreJuly 9, 2026 8:56 am
Key Moments GBP/JPY advanced for a second straight session and traded near 218.00, its highest level since January 2008. A roughly 275 bps UK-Japan rate differential and easing UK political risk continued to pressure the JPY versus the GBP. The British Pound showed the strongest performance against the Japanese Yen this week, gaining 1.02%. GBP/JPY […]
Read moreJuly 9, 2026 7:09 am
Key Moments USD/IDR traded around 18,140 in Asian hours on Thursday, extending gains for a second straight session. Indonesia’s May Retail Sales YoY are expected to contract by 3.9%, weighing on the Rupiah. FOMC minutes showed policymakers divided between keeping the benchmark rate at 3.6% and raising it, while markets now see over a 30% […]
Read moreJuly 9, 2026 6:42 am
Key Moments EUR/JPY trades near 185.60, testing the upper edge of a symmetrical triangle pattern while holding above key moving averages. The 14-day Relative Strength Index sits close to 55, indicating constructive but not overextended bullish momentum. Initial technical support appears at the session VWAP of 185.28, with further support at the nine-day EMA of […]
Read moreJuly 9, 2026 6:01 am
Key Moments Ethereum is trading at $1,740, with price hovering just above the 20-day EMA at $1,714 after rejection near the 50-day EMA around $1,800. US spot ETH ETFs have recorded four consecutive days of net inflows totaling $91.5 million, while trading volume and broader buying pressure remain subdued. Derivatives open interest has stayed flat […]
Read moreJuly 8, 2026 1:12 pm
Key Moments Nvidia’s stock is up just 3% year-to-date while the Philadelphia Semiconductor Index has gained 82%, according to Bank of America. Bank of America reiterated its Buy rating and $350 price target, arguing that concerns about margins, ASIC competition, ownership, and capital deployment are overstated. The firm expects Nvidia’s gross margins to remain around […]
Read moreJuly 8, 2026 1:01 pm
Key Moments USD/CAD falls 0.26% to around 1.4160 during the European session as the Canadian Dollar strengthens. WTI trades more than 2.23% higher near $73.6 in European trading and is up over 7% so far this week. Markets focus on upcoming Canadian June labor data and the release of FOMC minutes at 18:00 GMT. CAD […]
Read moreJuly 8, 2026 12:56 pm
Key Moments Exxon Mobil Corp (NYSE:XOM) climbed 2.0% in pre-open trading to $144.60, trading above its prior close of $141.69. The company’s July 7, 2026 8-K signaled Q2 earnings roughly $5 billion above Q1, with analysts estimating about $15.7–$15.9 billion in adjusted net income. Heightened tensions in the Strait of Hormuz and the Trump administration’s […]
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