Redator

Markets had been desperately awaiting the Non-Farm Payrolls report before making their next move. Yet even after the release, uncertainty remains. Non-Farm Payrolls and their impact on the upcoming weeks Markets had been waiting for today for a while. This Friday brought us the all-important Non-Farm Payrolls report for August, and the numbers were certainly a surprise. The consequential miss—with just 22K new jobs vs 75K exp, and further downward revisions—paints a degrading picture for the labor market. While this would have spurred an immediate risk-off reaction, stocks opened slightly higher, but the reaction quickly shifted when the US equity markets opened, and the 10:00 A.M. bell brought strong profit-taking flows. Major US Indices are closing off their highs despite the increased rate cut bets. The 2-year yield has plummeted to its lowest level since April's Liberation Day trough, and markets are pricing in even more cuts for the year—currently just a bit below 75 basis points. There are three meetings left for the year. With the Fed now entering its pre-FOMC blackout period, Markets will scrutinize any tweet from Nick Timiraos from the WSJ for clues on the upcoming decision. He previously hinted at last-minute calls from the FED to redirect wrongly priced markets during the hike cycle. While interest rate markets start to price in a 50 basis point cut, that probability remains low, hovering around 10% The prospect of aggressive Fed cuts is holding risk appetite from a more risk-off tone across all asset classes, but metals and bonds are painting a picture of a softer economy. Weekly performance from different asset classes Weekly Asset Performance, September 5, 2025 – Source: TradingView The US Dollar has been surprisingly holding strong despite the further pricing for cuts, very close to unchanged throughout the week and even after today's disappointing NFP release. In terms of other assets, stocks and cryptocurrencies are still trading in a hesitant but upward path – Next week's open will be crucial to spot how participants envision the upcoming CPI and PPI reports. More details on this below. The best performers of this week have largely been the Metals, with the most-traded Gold and Silver pushing to new highs, with both up 4% on the week. As a matter of fact, Gold marked some new all-time highs ($3,600!) and is closing at its highs, a strong sign of continuation for next-week. On the other hand, increased supply prospects are really not helping Oil which was subject to a decent rebound last week but is down 3.5% (due to continued Russia-Ukraine war and OPEC+ rising their output) throughout this weekly trading, back to its mid-month $62 support. Read More: US Indices technicals as they open higher despite the miss in NFP – Cuts pricing boost stocks but sellers appearEUR/USD Breaks Channel as Rate Cut Bets Ramp Up… Potential 370 Pip Rally Incoming?The Week Ahead – Moving towards Inflation week and key trade data from China Trading has picked up again after a dull August – and as per usual, September offers intense volatility. This phenomenon is picking up with the upcoming September 17th FOMC Meeting, which now offers at 100% pricing for a 25bps and maybe more. Asia Pacific Markets - Trade data from China: Tariffs may now start to show in the numbers Asia-Pacific markets head into a heavy week of data with Japan, China, and Australia all on deck which should provide a clearer picture of the impact of tariffs. Japan kicks things off Sunday evening with a batch of Q2 GDP releases (quarterly, annualized, and the deflator) alongside the Current Account balance. Yen may find some relief from the increase US cut prospects, but that is still to see in next week's trading. At the same time, China releases its August trade data (exports, imports, and the trade balance in both CNY and USD terms). As a reminder, these numbers often set the tone for commodity-linked FX like the AUD and NZD. Monday brings Australia’s Westpac Consumer Confidence print, a useful gauge of sentiment before more heavyweight Chinese data arrives. On Tuesday, China is back in focus with CPI and PPI for August—inflation metrics that could confirm whether deflationary pressures are persisting or starting to ease. These releases will carry weight not just for China’s policy outlook but also for regional risk appetite. Finally, on Thursday, New Zealand drops its Business NZ PMI, an important look at whether the Kiwi economy is keeping pace with regional peers. All told, Japan’s growth data, China’s trade and inflation prints, and Australia’s sentiment survey will dominate the conversation across Asia, while New Zealand quietly rounds out the APAC week with its own manufacturing snapshot. US, Europe and UK Markets - US Inflation and the ECB Rate Decision In the US, eyes are glued to August inflation prints: PPI on Wednesday and CPI on Thursday. Both will be decisive in showing how much of the recent tariff-led inflation is flowing into prices. Last month’s PPI spike was a wake-up call, and another upside surprise would force markets to reassess the Fed’s cutting path. The usual Jobless Claims, U-of-Mich consumer sentiment, and the Monthly Budget Statement follow, but inflation is really the dominant theme. In Europe, the calendar is also busy. German Industrial Production and the Eurozone Trade Balance open the week, before focus shifts to Thursday’s ECB policy decision. Except for a major surprise, rates in Europe are for now still expected to stay put for this year (almost no cut priced in). On Friday, the Eurozone Harmonized CPI will add another inflation datapoint just as markets parse US figures. The UK and Canada, by contrast, are quieter. The UK has no major releases, while Canada steps back after this week’s atrocious labor report. Sterling and the loonie will likely trade off USD’s reaction to US inflation and the leftover reactions to the NFP data. With tariffs clearly bleeding into producer prices and consumers not far behind, the upcoming week may well define whether markets are correct in the increasing pricing Fed cuts—or if the inflation story isn’t done yet. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (High-tier data only) Safe Trades and enjoy your weekend! Follow Elior on Twitter/X for additional Market News, Insights and Interactions @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

The USD is mostly lower to start the US trading day/week (the exception is the vs the JPY after Prime Minister Ishiba's resignation) after the August 2025 U.S. jobs report which showed a sharp slowdown in hiring, with nonfarm payrolls rising just 22,000, well below expectations, while the unemployment rate climbed to 4.3%, its highest since 2021. Job losses were seen in manufacturing, construction, and government, offset only by modest gains in healthcare, retail, and leisure. The prior months were revised downward, reinforcing the trend of weakening labor demand. The three-month average of U.S. nonfarm payrolls is currently about 29,000 jobs per month, well below the 12-month average of roughly 122,000. This sharp slowdown highlights notable labor market weakness and adds dovish pressure on the Federal Reserve as it considers rate cuts. Markets reacted swiftly—Treasury yields tumbled, equities and gold rallied, the USD fell and futures priced in a near-certain 25 bps Fed rate cut at the September 17 meeting, with additional easing likely by year-end. Overall, the report was dovish for the Fed, though CPI and PPI will be releases which could still limit the Fed's ability to go too hard on easing. A look at the change in the USD vs the major currencies current shows: EUR -0.11%JPY +0.24%GBP -0.20%CHF -0.34%CAD -0.22%AUD -0.56%NZD -0.75%Over the weekend, Japan Prime Minister Shigeru Ishiba announced his resignation following a wave of electoral defeats that stripped the ruling Liberal Democratic Party (LDP) of its majority in both houses of Japan’s parliament. Despite having just sealed a critical U.S.–Japan trade deal that eased automotive tariffs and secured major Japanese investments in the U.S., Ishiba said he would step down to take responsibility for the party’s losses and to preclude a divisive leadership fight. His departure ushers in a period of political uncertainty for Japan—compounded by a lingering fundraising scandal that had eroded public trust. Key contenders to succeed him include figures like Sanae Takaichi, Shinjiro Koizumi, Yoshimasa Hayashi, and Toshimitsu Motegi. Markets have responded yen weakening, stock indices rallied on hopes of clarity, and bond yields spiked amid the leadership vacuum. Looking at the trading week ahead, the highlights on the economic calendar will include the PPI and CPI data on Wednesday and Thursday. In addition, the ECB will meet with expectation of no change in rates. Below is a list of the key releases this week. Wednesday, September 10 USD Core PPI m/m — Forecast: 0.3% | Previous: 0.9% USD PPI m/m — Forecast: 0.3% | Previous: 0.9% NZD RBNZ Gov Hawkesby Speaks Thursday, September 11 EUR Main Refinancing Rate — Forecast: 2.15% | Previous: 2.15% EUR Monetary Policy Statement USD Core CPI m/m — Forecast: 0.3% | Previous: 0.3% USD CPI m/m — Forecast: 0.3% | Previous: 0.2% USD CPI y/y — Forecast: 2.9% | Previous: 2.7% USD Unemployment Claims — Forecast: 234K | Previous: 237K EUR ECB Press Conference Friday, September 12 GBP GDP m/m — Forecast: 0.0% | Previous: 0.4% USD Prelim UoM Consumer Sentiment — Forecast: 58.0 | Previous: 58.2 USD Prelim UoM Inflation Expectations — Forecast: 4.8% | Previous: (not shown, likely prior month level) Also over of the weekend, Pres. Trump said that Warsh, Waller, and Hassett were leading the way for Fed chair nomination. Looking at other markets to kickstart the new trading week in the US session, the major US stock indices are trading higher: S&P index up 9.75 points Dow industrial average up 50.14 points NASDAQ index up 67.56 pointsIn the US debt market, yields are lower: 2-year yield 3.492%, -1.4 basis points5 year yield 3.571%, -1.2 basis points10 year yield 4.072%, -1.4 basis points30 year yield 4.751%, -2.2 basis pointsin other related markets: Crude oil is up $1.32 or 2.15% at $63.21Gold is trading to a new record high. The price is currently up $30 or 0.85% at $3616.04Silver is also higher by $0.28 or 0.71% at $41.23. That the highest level since 2011.Bitcoin is trading up $852 at $111,996. The price closed on Friday at $110,669. This article was written by Greg Michalowski at investinglive.com.

Fidelity introduced the Fidelity Digital Interest Token (FDIT), an Ethereum-based tokenized share of the U.S. Treasury securities and cash equivalents, on August 4, 2025. This marks Fidelity’s official entry into the landscape of tokenized real-world assets (RWAs). Earlier this month, the funds have spiraled to over $200M in assets. However, there has been minimal investor participation so far. Records show that only two holders have been identified so far — one holds almost $1M in tokens, and the other manages the rest. While Fidelity hasn’t made any official announcement yet, the Institution’s earlier SEC filing may have laid the groundwork for this launch. Nonetheless, this step signals its growing interest in real-world asset (RWAs) tokenization. And it certainly paves the way for more crypto adoption from institutions and retail users alike. As the past has shown, this often translates to positive chart action from altcoins, and one in particular, Best Wallet Token ($BEST) is making waves now. What Is Fidelity Digital Interest Token and Why Is It a Big Move? FDIT is an ERC-20 token that offers 24/7 transferability and several other exclusive features tailored for institutional investors. It invests in short-duration U.S. Treasury securities via the underlying OUSG token. Since its launch in August 2025, the Bank of New York Mellon has held the FDIT’s assets, ensuring traditional financial oversight. FDIT charges an annual management fee of 0.20% with no performance fees and is currently available exclusively to institutional investors. The FDIT launch positions Fidelity alongside prominent asset managers, such as BlackRock and Franklin Templeton, in the tokenized treasury market. Fidelity’s token launch also marks the integration of blockchain technology into the traditional finance sector—a trend that improves liquidity, transparency, and increases operational efficiency. Evolving Landscape of Tokenized Finance – Telling Story for Crypto According to recent trends from Token Terminal, tokenized real-world assets have surpassed $300B, a milestone expected to be reached by 2030. Another report by RedStone states that RWAs on-chain could reach up to $30T by 2034. Furthermore, the recent FDIT launch signals the growing trust in Ethereum-based financial products. These trends, along with FDIT’s choice of Ethereum, reassure investors that it can handle serious, institutional-grade assets while also acting on the strong crypto vision many others (like Strategy) are sharing. Additionally, government-backed bonds, such as Ondo USDY and BUIDL fund, and other tokenized money-market funds, have joined the bandwagon alongside gold-backed tokens. Ultimately, this highlights that traditional finance is embracing blockchain technology. This union lays a strong bullish landscape for Ethereum-based projects. Building on this momentum, the Best Wallet Token ($BEST) presale gives investors the best entryway to a growing Ethereum ecosystem. Let’s see why. Best Wallet Token: Get In Early on Ethereum’s Next Wave Best Wallet Token ($BEST) is the utility token of Best Wallet, a non-custodial crypto wallet. The software-based wallet lets you buy, hold, and sell tokens on six major chains: Bitcoin Solana Ethereum Base Chain Binance Smart Chain Solana Staking is coming soon, according to the roadmap, alongside market intel analytics, 60+ chain support, and even a Best Card for fiat transactions. Most importantly, Best Wallet is the only crypto wallet that lets you buy the best crypto presales from your mobile. No need to visit external sites! Joining the presale gives you access to premium features, like reduced transaction fees, higher staking rewards, and community governance in a DAO ecosystem. Early $BEST token adopters could indirectly benefit from the expansion of blockchain-based financial products. Additionally, you can become part of a growing community that could reshape the crypto wallet and DeFi industry as we know it. The presale has raised over $15.6M so far, with a $70K whale buy on September 2 that indicates growing retail interest. The token is currently $0.025605 but our Best Wallet Token price prediction forecasts a price of $0.05106175 by the end of 2026, almost a 2x purely by holding the token. The presale concludes by December 31, 2025, or once all the tokens are sold. So, there’s still time to buy one of the best altcoins of 2025. To buy Best Wallet Token, visit the official presale page or read our ‘How to Buy $BEST’ guide! Takeaways: FDIT’s Launch Speaks Volumes of the Growing Industry Fidelity’s FDIT launch reflects the growing institutional confidence in Ethereum-based financial products, emphasizing the potential of tokenized assets and their ability to transform traditional finance. As blockchain adoption gains momentum, investors are exploring early-stage investment opportunities like Best Wallet Token ($BEST), which capitalizes on the nascent stage of blockchain adoption. But remember that crypto is volatile, and this is not financial advice. Do your own research! Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/tokenization-market-300b-fidelity-launch-best-wallet-token

Ethereum is currently trading at a critical price level after several days of tight consolidation. Just two weeks ago, ETH reached a new all-time high, marking a local top that could signal a pause in its strong rally. Since then, price action has narrowed into a range, reflecting both profit-taking and caution from traders. Still, the underlying fundamentals remain supportive of Ethereum’s long-term outlook. Whale accumulation continues to play a vital role, as large investors steadily add ETH to their holdings, signaling confidence in further upside. In addition, supply on exchanges has been trending lower, reducing immediate selling pressure and creating a favorable setup for a renewed push higher. These dynamics suggest that ETH remains well-positioned for another move into price discovery once consolidation resolves. Top analyst Maartunn shared data highlighting that Ethereum still leads in trading volume compared to Bitcoin and other altcoins, despite recent volatility. This reflects ETH’s growing dominance in market activity and investor interest, reinforcing its role as a leading asset in the current cycle. While short-term risks of correction remain, the strong fundamentals and trading activity could pave the way for Ethereum’s next leg higher once momentum returns. Ethereum Momentum Cools: Market Enters Cautious Phase According to Maartunn, Ethereum continues to dominate the crypto market in terms of trading volume, but activity has noticeably cooled off in recent sessions. Volume as a percentage of overall market activity has declined from recent highs, signaling a slowdown in momentum. This shift suggests that the euphoric state many ETH investors experienced during the rally to new all-time highs is fading, giving way to a more cautious environment. After weeks of aggressive buying and accumulation, many participants are now either securing profits or cutting smaller losses at current levels. This profit-taking phase is typical after a strong upward move, especially when Ethereum has been testing key levels without breaking higher. As a result, the market has shifted into a consolidative state, marked by reduced enthusiasm and a more measured approach from traders and institutions alike. Despite this cooling trend, optimism for Ethereum remains intact. Many analysts believe September could be a slow month for ETH, with sideways price action dominating, yet the possibility of a surprise rally cannot be dismissed. Strong fundamentals, such as declining exchange reserves and steady whale accumulation, still support Ethereum’s long-term bullish case. If demand picks up again, the recent cooldown may prove to be nothing more than a healthy reset before Ethereum makes another attempt at price discovery. This cautious but hopeful outlook highlights the delicate balance in Ethereum’s current market structure—where the fading excitement of euphoric highs is countered by resilient fundamentals and the potential for renewed strength once momentum returns. Consolidation Tightens Around Key Level Ethereum (ETH) is trading around $4,314, continuing its consolidation phase after failing to reclaim the $4,500 resistance in recent sessions. The chart shows ETH forming a tight range above $4,250, with volatility narrowing as both bulls and bears wait for a decisive breakout. The 50-day moving average sits above current price action, acting as resistance and reinforcing the difficulty ETH faces in mounting a recovery. Meanwhile, the 100-day moving average has flattened near $4,375, aligning closely with the consolidation zone and signaling indecision in the short term. On the downside, the 200-day moving average around $3,850 provides strong support, suggesting that even if ETH breaks lower, the broader uptrend remains intact. This aligns with Maartunn’s observation that while Ethereum continues to dominate trading volume across the crypto market, activity has cooled compared to previous highs. The reduced participation reflects a cautious environment where many investors are locking in profits or waiting for clearer signals. A decisive move above $4,500 could reignite bullish momentum, while losing the $4,200 level risks opening a path toward deeper correction targets near $3,900. For now, ETH remains range-bound, awaiting a catalyst. Featured image from Dall-E, chart from TradingView

Headlines: Gold powers through $3,600 as the upside breakout continues to runGold remains supported amid dovish Fed bets and weaker US dataUSD/JPY looks to close the opening gap as the session gets underwayEURUSD is threatening a breakout of the month-long rangeHow have interest rates expectations changed after the NFP report?Eurozone September Sentix investor confidence -9.2 vs -2.0 expectedGermany July trade balance €14.7 billion vs €15.3 billion expectedGermany July industrial production +1.3% vs +1.0% m/m expectedSNB chairman Schlegel: There is a high bar to negative ratesHeads up: French prime minister Bayrou set to face confidence vote laterJapan's ruling LDP party making preparations to hold leadership vote on 4 October - reportMarkets: AUD leads, JPY lags on the dayEuropean equities higher; S&P 500 futures up 0.2%US 10-year yields down 0.2 bps to 4.083%Gold up 0.8% to $3,615.72WTI crude oil up 1.8% to $63.05Bitcoin up 0.6% 111,799There weren't too many notable headlines on the session as markets are still digesting the rumblings from the disappointing US jobs report on Friday. The dollar is mostly softer, only managing to hold higher against the yen among the major currencies. But that itself owes to the yen being weaker after Ishiba announced his resignation as prime minister over the weekend. USD/JPY opened with a gap higher but more or less filled that during the session in a fall from 148.00 to 147.46 before nudging back up to 147.70 levels currently. Another win for the gap traders. Besides that, the dollar is slightly lower across the board with USD/CHF down 0.3% to 0.7955 while EUR/USD is just marginally up by 0.1% to 1.1730. Large option expiries is helping to limit price action for the latter so far on the day, alongside some nervous anticipation ahead of the political situation in France. The antipodes are the big gainers, with AUD/USD up 0.6% to 0.6593 and NZD/USD up 0.7% to 0.5935 on the day. In the equities space, the mood music is holding up better with US futures and European equities posting slight gains. That comes after a setback after the brief cheer following the non-farm payrolls at the end of last week. Can Wall Street hold on to gains? Or will the September seasonal override the momentum? It's going to be tricky especially with the US CPI still to come later this week as well. But as we saw from last week, the standout mover again to start the new week is of course gold. The precious metal is now breaking new barriers in pushing above $3,600 while silver is up 0.6% to above $41. The hot streak continues as everything is falling into place for the surge to new highs. This article was written by Justin Low at investinglive.com.

Most Read: Markets Today: Japan PM Resigns, Gold Above $3600/oz, China Exports Miss Forecasts, FTSE 100 Holds at Support Oil prices have risen as much as 1.8% at the start of the week as Oil pares last week's losses. The rally this morning has come as a surprise to some quarters after eight OPEC + members agreed to lift output by 137,000 bpd from October. However, the move by OPEC + was seen as more modest than expected and thus saw market participants shrug off the potential consequences. On top of that, markets are focused on the possibility of more sanctions on Russian crude.after Russia hit Ukraine with its biggest air attack since the start of the war. For now, concerns around Russian supply are keeping Oil prices supported. Russia-Ukraine Developments Frederic Lasserre, an expert from the energy trading company Gunvor, stated on Monday that new sanctions against countries that buy Russian oil could disrupt the global oil supply. This comes after Russia carried out its largest air attack of the Ukraine war over the weekend, which set fire to a government building in Kyiv and killed at least four people, according to Ukrainian officials. On Sunday, Donald Trump said that several European leaders would visit the U.S. to talk about how to solve the conflict. Over the weekend, the investment bank Goldman Sachs released a note saying it expects a slightly larger surplus of oil in 2026. They believe that increased oil production in the Americas will be greater than the decrease in supply from Russia and the stronger demand worldwide. Goldman Sachs kept its oil price forecast for 2025 the same, and for 2026, it predicts the average price for Brent crude to be $56 a barrel and for West Texas Intermediate crude to be $52 a barrel. OPEC + Production Increases as Saudi Arabia Strategy Pivot Continues OPEC+, a group of major oil producers led by Saudi Arabia, announced a surprise plan to increase oil production. Although this might seem like a risk to a market that already has too much oil, the actual effect on prices will likely be small. The decision is more about politics. Saudi Arabia is using this to show its leadership, gain a bigger share of the market, and strengthen its relationship with the U.S. The group agreed to gradually undo 1.65 million barrels per day of production cuts that were supposed to last until the end of 2026. They will increase their output by 137,000 barrels per day in October. At this rate, it will take them a year to fully reverse those cuts. Source: LSEG While the market is expected to have a surplus of oil due to increased production from countries like the U.S. and Argentina, the actual amount of new oil added by OPEC+ will probably be less than announced. This is because most members are already producing as much as they can. However, Saudi Arabia is a major exception. It has a lot of extra production capacity, unlike Russia, which is limited by sanctions. This puts Saudi Arabia in a strong position to increase its market share, especially from U.S. oil companies that may slow down production as prices fall. This pivot by Saudi Arabia has been something which has been building over the past few months. The strategy does seem to be a sound one and time will tell whether the Saudis will reap the benefits. For now though, this move may keep further Oil price gains in check as oversupply concerns also remain a concern. WTI Oil Daily Chart, September 8, 2025 From a technical analysis standpoint, Oil is eyeing a recovery after last week's selloff. However, the fundm=amentals might continue to keep a prolonged rally in check as uncertainties continue to dominate the agenda. Immediate resistance rests at the 100-day MA which rests at 64.65 before the 66.15 and 67.30 handles come into focus. A move lower from current prices, could bring last week's swing low around 61.50 before the 60.70 and the YTD low at 55.10 come into focus. WTI Oil Daily Chart, September 8, 2025 Source: TradingView (click to enlarge) Client Sentiment Data Looking at OANDA client sentiment data and market participants are long on WTI with 89% of traders net-long. I prefer to take a contrarian view toward crowd sentiment and thus the fact that so many traders are long means WTI prices could decline in the near-term. Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Most Read: Markets Today: Japan PM Resigns, Gold Above $3600/oz, China Exports Miss Forecasts, FTSE 100 Holds at Support Oil prices have risen as much as 1.8% at the start of the week as Oil pares last week's losses. The rally this morning has come as a surprise to some quarters after eight OPEC + members agreed to lift output by 137,000 bpd from October. However, the move by OPEC + was seen as more modest than expected and thus saw market participants shrug off the potential consequences. On top of that, markets are focused on the possibility of more sanctions on Russian crude.after Russia hit Ukraine with its biggest air attack since the start of the war. For now, concerns around Russian supply are keeping Oil prices supported. Russia-Ukraine Developments Frederic Lasserre, an expert from the energy trading company Gunvor, stated on Monday that new sanctions against countries that buy Russian oil could disrupt the global oil supply. This comes after Russia carried out its largest air attack of the Ukraine war over the weekend, which set fire to a government building in Kyiv and killed at least four people, according to Ukrainian officials. On Sunday, Donald Trump said that several European leaders would visit the U.S. to talk about how to solve the conflict. Over the weekend, the investment bank Goldman Sachs released a note saying it expects a slightly larger surplus of oil in 2026. They believe that increased oil production in the Americas will be greater than the decrease in supply from Russia and the stronger demand worldwide. Goldman Sachs kept its oil price forecast for 2025 the same, and for 2026, it predicts the average price for Brent crude to be $56 a barrel and for West Texas Intermediate crude to be $52 a barrel. OPEC + Production Increases as Saudi Arabia Strategy Pivot Continues OPEC+, a group of major oil producers led by Saudi Arabia, announced a surprise plan to increase oil production. Although this might seem like a risk to a market that already has too much oil, the actual effect on prices will likely be small. The decision is more about politics. Saudi Arabia is using this to show its leadership, gain a bigger share of the market, and strengthen its relationship with the U.S. The group agreed to gradually undo 1.65 million barrels per day of production cuts that were supposed to last until the end of 2026. They will increase their output by 137,000 barrels per day in October. At this rate, it will take them a year to fully reverse those cuts. Source: LSEG While the market is expected to have a surplus of oil due to increased production from countries like the U.S. and Argentina, the actual amount of new oil added by OPEC+ will probably be less than announced. This is because most members are already producing as much as they can. However, Saudi Arabia is a major exception. It has a lot of extra production capacity, unlike Russia, which is limited by sanctions. This puts Saudi Arabia in a strong position to increase its market share, especially from U.S. oil companies that may slow down production as prices fall. This pivot by Saudi Arabia has been something which has been building over the past few months. The strategy does seem to be a sound one and time will tell whether the Saudis will reap the benefits. For now though, this move may keep further Oil price gains in check as oversupply concerns also remain a concern. WTI Oil Daily Chart, September 8, 2025 From a technical analysis standpoint, Oil is eyeing a recovery after last week's selloff. However, the fundm=amentals might continue to keep a prolonged rally in check as uncertainties continue to dominate the agenda. Immediate resistance rests at the 100-day MA which rests at 64.65 before the 66.15 and 67.30 handles come into focus. A move lower from current prices, could bring last week's swing low around 61.50 before the 60.70 and the YTD low at 55.10 come into focus. WTI Oil Daily Chart, September 8, 2025 Source: TradingView (click to enlarge) Client Sentiment Data Looking at OANDA client sentiment data and market participants are long on WTI with 89% of traders net-long. I prefer to take a contrarian view toward crowd sentiment and thus the fact that so many traders are long means WTI prices could decline in the near-term. Follow Zain on Twitter/X for Additional Market News and Insights @zvawda Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

Fundamental Overview Crude oil looked set for a rally into the 70.00 level last week after some key technical breakouts but eventually dropped all the way back to the most recent low around the 61.45 level. The catalysts were the Reuters report saying that OPEC+ was set to hike output at the Sunday’s meeting again, and then the soft US data that threw in some economic slowdown fears. The market positioned bearish into the weekend in a classic “buy the rumour” move. Over the weekend, OPEC+ hiked output by 137K bpd per month and said that adding the remainder of the 1.66 million barrels of cuts will be contingent on “evolving market conditions” and increases could even be reversed. That helped the market as oil prices bounced back on the more cautious OPEC+ guidance and the “sell the fact” trade. Moreover, there are some fears that new sanctions on Russia could lift prices further, although in the bigger picture sanctions generally have limited impact on prices due to shadow markets and market flexibility. In the short-term though, they could give prices a boost. Fed rate cuts could also help spurring growth and switch the market focus towards higher future demand. Crude Oil Technical Analysis – Daily Timeframe On the daily chart, we can see that crude oil looked like it was breaking out last week with the price probing above the trendline and the 64.00 zone, but eventually it turned out to be a fakeout following the reports of potential OPEC+ output hike and then the weaker US data. The price dropped all the way back to the most recent low at 61.45 where it bounced as the market “bought the fact” on the OPEC+ hike. Crude Oil Technical Analysis – 4 hour Timeframe On the 4 hour chart, we can see that the price is now approaching the key 64.00 zone again. This is where we can expect the sellers to step in with a defined risk above the zone to position for a drop into new lows. The buyers, on the other hand, will look for a break higher to increase the bullish bets into the 66.00 handle next. Crude Oil Technical Analysis – 1 hour Timeframe On the 1 hour chart, we can see that we have a minor upward trendline defining the bullish momentum on this timeframe. The buyers will likely continue to lean on the trendline with a defined risk below it to keep pushing into new highs, while the sellers will look for a break lower to pile in for a drop into the 61.45 low. The break might also just provide a pullback for the buyers to enter at better prices and not necessarily lead to new lows. The red lines define the average daily range for today. Upcoming Catalysts On Wednesday we have the US PPI report. On Thursday, we get the US CPI report and the latest US Jobless Claims figures. On Friday, we conclude the week with the University of Michigan Consumer Sentiment report. This article was written by Giuseppe Dellamotta at investinglive.com.

Polkadot crypto might be out of the top 30, slipping below Toncoin (TON crypto) and Cronos (CRO) in the market cap ranking. However, this does not mean DOT USD is not being watched. DOT USD is firm at spot rates, and the candlestick arrangement suggests that the Polkadot price is primed for major gains that could propel it to new H2 2025 highs in the coming sessions. Coingecko data shows that Polkadot crypto has been stable in the past day and week, adding roughly +5%. At this pace, DOT USD is shaking off the weakness seen from mid-August 2025, finding a solid footing for possible gains. Still, DOT crypto has not completely reversed losses of the past year, and is down nearly -3%. However, looking at DOT/USDT from a top-down preview, Polkadot bulls need to step up, ideally forcing the DOT price above $5 and Q2 2025 highs for a chance of buy trend continuation. (Source: Coingecko) On Coinglass, sentiment is shifting for the better. Most traders are bullish, looking at the long/short ratio on Binance and OKX. On Binance, the top trader long/short ratio is 3.9, while on OKX, it is 2. This metric suggests that traders across major exchanges are positioning for a possible breakout. In the short term, a close above $5 will be massive and set a solid ground for a leg up that would define price action in H2 2025. (Source: Coinglass) DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Will DOT USD Soar 600% To $23? Analyst Bullish From the daily chart, the possibility of DOT ▲2.09% surging cannot be discounted. The Polkadot price is still confined within the July 2025 range. Despite the cool-off in August, prices are still inside this bullish range, forming a flag. PolkadotPriceMarket CapDOT$6.49B24h7d30d1yAll time As it is, the local support is at $3.5 and $4, while the resistance is at $4 and $4.5. If Polkadot crypto buyers flow back, a high-volume close could see DOT crypto fly above $5 to as high as $5.5. In this way, DOT USD could outperform even some of the top Solana meme coins. On X, however, one analyst is bullish. He’s convinced Polkadot crypto is preparing for massive gains to lift it towards $23. (Source: CCatalyst_2, X) In the post, the analyst notes that DOT USD has found a firm footing above $3.5. Moreover, since prices are consolidating, there is a high probability of DOT crypto breaking above the descending wedge, lifting the coin to as high as $23.8, a +600% rally. Usually, a breakout above the wedge, a bull flag, is a solid signal that buyers have retaken control. In the DOT USD case, there is a chance that if the DOT price breaks above the current chop and wedge, bulls will easily reclaim July and August highs, qualifying it as the next crypto to explode. DISCOVER: Best New Cryptocurrencies to Invest in 2025 United States SEC Delays Spot Polkadot ETF Application The confidence among DOT crypto traders comes days after the United States SEC postponed its decision on the application made by Grayscale for a spot Polkadot ETF. In their response, the SEC extended the review period by another 60 days to November 8. Grayscale proposes creating a Polkadot Trust that provides institutions and retailers with access to DOT in a regulated environment. Unlike the spot Ethereum ETF, the application retains staking capabilities. As such, investors will have a chance to earn DOT rewards from their holdings. As of September 2025, the United States SEC has approved only two spot crypto ETFs. Notably, BlackRock, one of the world’s largest asset managers, is involved in these two products. BlackRock has previously stated that it “will be a while” before issuing any additional spot ETFs related to altcoins, including Polkadot and XRP. It remains to be seen whether the United States SEC will approve another spot crypto ETF to add to its list. However, the agency generally expects to approve a spot Solana ETF. (Source: Polymarket) Punters are placing a 99.99% probability of the product hitting the market by the end of the year. DISCOVER: 20+ Next Crypto to Explode in 2025 DOT USD Ready For A 600% Rally To $23? Polkadot ETF Delays DOT USD in a bullish formation Will Polkadot crypto soar to $23? United States SEC delays ruling on spot DOT ETF BlackRock not involved in the spot Polkadot ETF race The post DOT USD Ready For A +600% Rally To $23? Polkadot ETF Delays appeared first on 99Bitcoins.

The token behind MYX Finance, a decentralized exchange for perpetual derivatives, surged more than +173% in a single day. Let’s dive into what’s driving this surge. The spike pushed its fully diluted valuation close to $3Bn, but market watchers say the move may not be entirely organic. MYX Finance runs a non-custodial exchange that uses a “Matching Pool Mechanism” to reduce slippage by pooling liquidity. It also allows trades across multiple blockchains, positioning itself as a leaner alternative to centralized futures markets. The platform highlights capital efficiency as a key feature. How Did MYX Price Jump Over +173%? MyohoPriceMarket CapMYX$0.0024h7d30d1yAll time The token has experienced a significant surge, blasting over +173% in 24 hours. In the last 24 hours, volumes topped $250M, led by Bitcoin ($160M) and Ethereum ($122M) pairs. Smaller markets such as BNB ($98,000) and MYX’s own token ($41,000) saw little activity. Analysts say the figures underline investor preference for major coins, while minor tokens remain on the sidelines. One analyst argued that the rally shows a strong appetite from venture capital and family funds for new perpetual DEX projects. Some even suggested that if momentum continues, the project could target a $10Bn valuation. https://twitter.com/derteil00/status/1964752204180373805 Charts from Toknex show that funding rates on MYX perpetual contracts briefly hit +80% before easing to around -31%. https://twitter.com/Toknex_xyz/status/1964758520781574441 Such levels signal aggressive long positioning, a sign that traders are heavily betting on upside, and this often precedes a reversal. (Source – MYX perpetual contract funding rates on Binance and Bybit – Tokenix) Open interest climbed sharply during the rally. Binance futures OI rose to $101.6M, while Bybit reached $42.5M. The increase shows fresh capital entering the market, but also raises the risk of liquidation cascades if prices turn lower. In short, enthusiasm is high, but so is the downside risk. (Source – MYX open interest vs. price action – Tokenix) DISCOVER: Best Meme Coin ICOs to Invest in 2025 MYX Price Analysis: Will MYX Price Hold $3.00 Support After Its +150% Breakout? The MYX/USDT 4-hour chart reveals a decisive breakout after weeks of calm trading. MYX stayed in a narrow band between $1.20 and $1.40 from late August through early September with little movement or volume. That changed on September 7, when the token shot from $1.40 to above $3.60 within an hour, a more than +150% surge. When writing, MYX price trades near $3.50, just under the $3.70 session high. (Source – MYX USDT, TradingView) The breakout is clear: price has moved well above the 50-EMA ($1.43) and 100-EMA ($1.32), signaling strong upward momentum. Trading volume jumped to 1.47M, showing heavy participation from retail and institutional players. This setup reflects a textbook accumulation-to-breakout move. Long periods of sideways trading often end with a sudden spike, sometimes driven by short squeezes or coordinated buying. Still, the vertical nature of the rise raises the chance of a pullback. Traders are watching whether MYX can hold $3.00 as new support. A failure to do so could send the price back toward the earlier range of $1.50-$2.00. DISCOVER: Top 20 Crypto to Buy in 2025 Why Are Analysts Warning of Manipulation? Concerns are growing that MYX’s latest rally may not have been entirely organic. DefiLlama data shows daily perpetual volumes jumping between $6Bn and $9Bn, which is out of line with the token’s actual market size. (Source: Perpetual Volume, DeFiLlama) Some analysts say the pattern suggests possible wash trading designed to exaggerate activity. https://twitter.com/0xD0M_/status/1964725748687901053 According to Coinglass data, more than $10M in short positions were wiped out in one session. (Source: MYX Liquidation Chart, Coinglass) Observers believe large players may have pushed prices higher on purpose, triggering a wave of forced short squeezes. Adding to the unease, roughly 39M tokens were unlocked during the rally. Critics argue that early holders used the surge to cash out while retail buyers rushed in. On-chain activity also shows wallet flows being funneled through central addresses on PancakeSwap, Bitget, and Binance. To many, that looks less like natural demand and more like a coordinated move. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates The post What is MYX Crypto? Why did MYX Price Just Blast +173%? appeared first on 99Bitcoins.

Nvidia has struck a $1.5 billion agreement with cloud startup Lambda to lease 18,000 of its own GPU servers from Lambda over four years. In this article, we will unpack why Nvidia took this step, what forecasts and risks lie ahead for the company, and how traders might capitalize on the situation. Once again, Nvidia has demonstrated its ability to set the pace in the era of artificial intelligence. The company has inked a $1.5 billion deal with Lambda, a player in cloud computing. Under the agreement, Nvidia will rent 18,000 GPU servers from Lambda over the next four years—the very same units Nvidia originally supplied. This circular flow of GPUs is not just visually striking, but strategic as well—Nvidia acts here as manufacturer, client, and investor at once. Global markets are once again shaken by political and corporate events. The US dollar came under pressure amid weak employment data and Trump's statements about seeking a replacement for Powell. The yen plunged after Japanese Prime Minister Ishiba announced his intention to resign. Nvidia struck a $1.5 billion deal with Lambda, reinforcing its leadership in AI. Tesla unveiled the golden Optimus 2.5, betting on the future of robotics. In this review, we break down what all this means for traders and where new profit opportunities may be hiding. Dollar under pressure: Trump names top contenders for Powell's chair Donald Trump is openly laying the groundwork for replacing the Fed chair, and a line of candidates is already forming to take Jerome Powell's place. In this article, we break down who could lead the US central bank, how this may affect market expectations for interest rates, and most importantly, how traders can use this situation to their advantage. Over the weekend, US President Donald Trump said that his final shortlist for the Fed chair includes three names: longtime ally Kevin Hassett, former Fed Governor Kevin Warsh, and current Fed member Christopher Waller. To add emphasis, he also mentioned Scott Bessent. However, in the Oval Office, Bessent declined, though not before criticizing the Fed and suggesting that it should be "shaken up" entirely. The president once again made no secret of his intentions: he wants a leader ready to cut interest rates aggressively. Powell, he argued, is acting too slowly and hindering Americans with mortgages. As a result, markets are left in greater uncertainty over what course the Fed will take in the coming months – whether it will be cautious rate reductions or a sharp shift under pressure from the White House. The situation was further complicated by fresh labor market data. Friday's jobs report showed weaker-than-expected employment growth in August, with unemployment rising to 4.3%, the highest in nearly four years. These figures undermined the greenback, which fell more than 0.5% on Friday, testing the 97.40 mark. For markets, this was a signal that the Fed will have to ease monetary policy, the only question is how decisively. Powell recently admitted that labor market risks "may require" policy adjustments, and markets interpreted this as a hint at a modest 0.25% rate cut in September. However, that is not enough for trump: he demands radical measures, making the choice of the next Fed chair a key factor for the dollar's trajectory. Investors are reacting predictably, with stock indices rising. At the end of last week, the Dow Jones added 0.75%, the S&P 500 climbed by 0.8% to a new record, and the Nasdaq gained 1%. The prospect of cheap money excites Wall Street but troubles dollar holders: if a Trump ally takes Powell's chair, the currency will face another wave of pressure. For traders, this is a window of opportunity. The dollar's decline makes long positions in gold attractive and opens room for plays on rate-sensitive equities. The strategy is clear: closely monitor the rhetoric from the White House and the Fed, track signals on rates, and trade on volatility. Those who can quickly adapt to the political factor will be able to turn turbulence around the dollar and the Fed chair succession into a source of profit. Yen falls after resignation of Japan's prime minister The currency market started the week with a sharp blow to the yen. The trigger was an unexpected political twist – Prime Minister Shigeru Ishiba announced his resignation, unleashing a wave of uncertainty in the world's fourth-largest economy. In this article, we analyze why Ishiba's departure hit the yen so hard and what trading opportunities this opens for market participants. On Monday, the Japanese currency lost 0.7% against the dollar, sliding to 148.25, while it hit one-year lows of 173.91 and 200.33 against the euro and the pound, respectively. The shock came from Ishiba's surprise resignation, which he announced on Sunday. The politician stepped down after his Liberal Democratic Party suffered an election defeat and lost control in parliament. In his statement, Ishiba said that the country needed "new leadership to overcome the challenges ahead," but markets interpreted this wording as an admission of political crisis. The resignation automatically triggers internal elections in the Liberal Democratic Party (LDP), which will determine the new prime minister. This factor sparked the yen's sharp weakening: until clarity emerges on the successor, the market will be driven by speculation and expectations. Investors fear that the premiership may go to a politician advocating looser monetary and fiscal policy. One of the main contenders is LDP veteran Sanae Takaichi, who has repeatedly criticized the Bank of Japan for raising interest rates. Markets view this scenario as a risk of further yen weakening, since a softer government stance, combined with a cautious BoJ tone, would only increase pressure on the currency. The situation is further aggravated by sentiment in the bond market. As early as last week, uncertainty around the future cabinet triggered a massive sell-off in Japanese government bonds: the 30-year JGB yield hit a record high. This is a signal that investors are demanding an additional risk premium for political instability. According to SMBC analysts, the probability of another Bank of Japan rate hike in September was initially assessed as low, and now it seems almost nonexistent. September is likely to pass in "wait-and-see" mode, with real decisions postponed until October – by which time it will be clear who will lead the government. Thus, the trigger for yen weakness is clear: the unexpected resignation of the prime minister set off a chain reaction – uncertainty over the successor, risks of looser policy, and an exodus from Japanese assets. The market is now closely watching the internal LDP battle, as the new prime minister will determine whether the yen remains weak or is able to recover. For traders, this situation opens up interesting opportunities. Yen weakness creates conditions for playing the upside in the dollar/yen pair, especially if political uncertainty drags on. At the same time, short-term currency fluctuations offer active players the chance to profit from intraday volatility. A medium-term strategy could involve waiting for the right moment to enter long yen positions if the next prime minister supports tighter policy and restores confidence in the currency. The best way to capitalize on market fluctuations is to work with a reliable broker. Open an account with InstaForex and download our mobile app to react quickly to news and maximize profits from moves in the yen and other global currencies! Nvidia signs $1.5 billion deal with Lambda: what lies ahead for company and investors Nvidia has struck a $1.5 billion agreement with cloud startup Lambda to lease 18,000 of its own GPU servers from Lambda over four years. In this article, we will unpack why Nvidia took this step, what forecasts and risks lie ahead for the company, and how traders might capitalize on the situation. Once again, Nvidia has demonstrated its ability to set the pace in the era of artificial intelligence. The company has inked a $1.5 billion deal with Lambda, a player in cloud computing. Under the agreement, Nvidia will rent 18,000 GPU servers from Lambda over the next four years—the very same units Nvidia originally supplied. This circular flow of GPUs is not just visually striking, but strategic as well—Nvidia acts here as manufacturer, client, and investor at once. Internally dubbed "Project Comet," the arrangement consists of two parts: a $1.3 billion lease for 10,000 servers, and an additional $200 million contract for another 8,000 GPU machines. As a result, Nvidia becomes Lambda's largest client, and the startup gets a major boost ahead of its anticipated IPO in early 2026. According to investment banks Morgan Stanley, J.P. Morgan, and Citi, which are planning the listing, the company could be valued at $4–5 billion. Lambda's financial momentum is already impressive. In the first half of 2025, its cloud revenue nearly doubled to $250 million, and second-quarter growth hit 60%, reaching $140 million. The startup projects its cloud business will surpass $1 billion by 2026 and could grow to $20 billion by 2030. Ironically, this surge is fueled by the very Nvidia-powered servers that Nvidia now rents back to advance its own AI research. Moves like these are becoming industry routine: last year, Nvidia structured a similar agreement with cloud provider CoreWeave, which went public in March 2025 and is now valued at about $45 billion. In effect, Nvidia is putting together an ecosystem of "junior partners" to strengthen its competitive edge against Amazon, Microsoft, and Google. The deal also tackles a persistent challenge—the chronic shortage of AI chips. More than half of companies using generative AI cite GPU access as their main bottleneck for scaling. While AWS charges nearly $100 per hour for an H100 instance, alternative vendors offer similar power for just $3–$4, making specialty players particularly attractive. For Nvidia, this is a way to control scarce resource allocation and stay at the forefront of the emerging "GPU-as-a-service" market, expected to grow from $5 billion in 2025 to nearly $32 billion by 2034. Still, questions linger for investors. The circular leasing scheme looks savvy but lacks transparency—in effect, some Nvidia revenue circulates through firms in which it holds a stake. Some analysts call this a "strategy for the future," while others see it as a "black box" complicating real cash flow assessment. Nonetheless, Nvidia's dominance in the chip space is not threatened by accounting nuance: the company sells everything it can produce, and demand for its GPUs continues to surge. For traders, the story is clear: Nvidia is fortifying its market position for years to come, building its own network of cloud partners and effectively establishing a monopoly in AI computing. This means that any stock pullbacks amid talk of "opaque reporting" may serve as attractive entry points. The long-term strategy is to hold Nvidia shares, positioning for growth in sync with the generative AI boom. Tesla unveils golden Optimus 2.5: Musk's ambitions and future of robotics market Tesla is once again making clear that its ambitions extend far beyond the auto industry. The company has introduced a new prototype of its humanoid robot—Optimus version 2.5—with a golden exterior and noticeably refreshed design. Elon Musk emphasized that this is not the much-awaited Optimus V3—to be revealed later—but this version is already a significant demonstration of Tesla's progress in robotics. In this section, we look at the enhancements, the market's outlook for Tesla in this new space, and how traders can leverage this opportunity. The golden Optimus 2.5 drew special attention after Salesforce CEO Marc Benioff posted a video showing the robot following voice commands and even attempting to lead a guest to the kitchen to fetch a can of Coca-Cola. Reactions to the demo were mixed: some praised its conversational abilities and Grok AI integration, while others criticized slow movements and noticeable response lag. Putting aside the show element, it is clear Tesla has taken a serious step forward in design. The new Optimus features sleeker lines, enclosed joints, and cleaner seams, giving it a more human-like appearance. Special emphasis was placed on the hands, now offering 22 degrees of freedom, with finger control via cables mimicking human biomechanics. This makes the robot considerably more dexterous and capable of precise manipulation compared to its predecessors. Technical advances are paired with bold plans. Musk has already confirmed that Tesla aims to produce around 5,000 Optimus robots by the end of 2025. For now, the company has built over a thousand prototypes, already being tested in battery manufacturing. Performance is still far from human, but the target is clear: by 2030, Tesla intends to turn out up to 100,000 robots per month and, ultimately, deliver one million units to market. The next major milestone is set for the annual shareholder meeting on November 6, where the debut of Optimus V3 is expected. Musk promises the most epic Tesla show ever. Of course, Tesla faces serious competition: Boston Dynamics, Agility Robotics, and others are actively developing humanoid platforms. But Musk insists that Optimus could become Tesla's largest product, even outpacing cars in scale. This strategic move toward robotics lines up with slowing EV sales and delays in the robotaxi program. For Tesla, it is not only a showcase of cutting-edge technology but also an attempt to forge a new market. For traders, the launch of Optimus 2.5 signals that Tesla is pushing business boundaries and building a long-term growth story in a new segment. In the near term, Tesla stock may swing as the practicality of the robot is debated, but Musk's optimism and bold production targets could drive the company's capitalization to new heights over the long run. Do not miss the opportunity to profit from Tesla's stock volatility: open an account with InstaForex and download our mobile app to stay connected to the market and trade on the best terms! The material has been provided by InstaForex Company - www.instaforex.com

Rio Tinto (ASX: RIO) may be forced to make expensive downstream investments in Guinea as the military-led government pushes for local refining tied to the giant Simandou iron ore project. Authorities in the West African nation, which seized power in 2021, have demanded that miners present firm plans to build domestic processing facilities. Officials argue that smelters and refineries are essential for Guinea to capture more value from its resources and to drive broader economic development. The policy echoes a broader resource-nationalism trend across Africa, where governments are pressing companies to process minerals locally. In Guinea, the world’s second-largest bauxite producer, the government has already cancelled agreements with some miners, including Emirates Global Aluminium, over slow progress building alumina refineries. Guinea’s minister of planning and international cooperation, Ismael Nabe, said the strategy is clear: ore mined in the country must also be processed there. “We want to build a refinery in Guinea. That’s our game plan,” Nabe told the Australian Financial Review. “If Baowu comes to Guinea, they will build a refinery before shipping it out of the country”. The Simandou is divided into four blocks. Winning Consortium Simandou, backed by Chinese firms including steelmaker China Baowu Steel Group, controls blocks 1 and 2. Rio Tinto and Chinese state-owned Chinalco control blocks 3 and 4. Nabe compared Guinea’s ambitions to Western Australia’s iron ore mining boom decades ago, , stressing that mining revenue should also support agriculture, education, and infrastructure. Despite tighter regulations, Guinea’s bauxite exports rose 36% to a record 99.8 million tonnes in the first half of 2025, fuelled by Chinese demand. The country exported over 130 million tonnes last year and holds reserves estimated at 7.4 billion tonnes, according to the US Geological Service. World’s highest grade ore Simandou is expected to become the world’s largest and highest-grade new iron ore mine, eventually producing 120 million tonnes of premium ore annually. First ore is scheduled for November. Rio Tinto first secured an exploration license for Simandou in 1997. but political instability has slowed progress. The project has outlasted two coups, four heads of state, and three presidential elections. Development includes a 600-kilometre rail line linking the Simandou mountains to a new deep-water port on Guinea’s Atlantic coast. Rio Tinto will operate one of the two mines feeding the project.

Weak jobs report sparks market sell-offThe stock market reacted to the US employment report, which triggered a sell-off in the S&P 500 index. Weak labor data increased the likelihood of Federal Reserve rate cuts, but investors are concerned about declining corporate earnings. Analysts note that uncertainty in forecasts may heighten volatility in the coming weeks. Follow the link for more details. US indices close lower amid rate cut expectationsUS stock indices ended in negative territory, with the S&P 500 down 0.32%. Expectations of Fed rate cuts strengthened following the weak jobs report, supporting gains in Asian indices. Investors continue to closely monitor macroeconomic indicators that may determine the market's further direction. Follow the link for more details. Trump ready to replace Powell, dollar under pressureDonald Trump is set on replacing Fed Chair Jerome Powell, putting forward potential candidates willing to pursue aggressive rate cuts. Weak labor data, in turn, is weighing on the US dollar and supporting the stock market. A possible leadership change at the Fed adds uncertainty to the outlook for future monetary policy. Follow the link for more details. Let us remind you that InstaForex offers the best conditions for trading stocks, indices, and derivatives, helping traders earn effectively on market fluctuations. The material has been provided by InstaForex Company - www.instaforex.com

European markets open higher amid a turbulent political week European stock exchanges edged up on Monday, setting the tone for what promises to be a tense and eventful week. The spotlight is on France, where political instability looms once again: the country may soon be searching for its fifth prime minister in just three years. France under pressure: no-confidence vote and credit rating risks Prime Minister Francois Bayrou is expected to face a no-confidence vote later today, a move that could cost him his post. At the same time, the eurozone's second-largest economy is grappling with mounting public debt, while investors brace for the first in a series of sovereign credit rating reviews due this week. Indices show modest gains The pan-European STOXX 600 rose 0.21 percent, reaching 550.37 points by 08:22 GMT. France's CAC 40 advanced 0.22 percent. Banks rebound after recent losses Financial stocks led the upswing, with the European banking index climbing nearly 1 percent, recovering part of last week's decline. The rebound was fueled by expectations that the US Federal Reserve could cut interest rates by 25 basis points at the end of the month, following weaker-than-anticipated American labor market data. Energy and defense sectors strengthen European oil and gas firms added 0.8 percent, mirroring a 1.6 percent jump in global crude prices. The defense sector also benefited from heightened geopolitical concerns: Rheinmetall shares advanced 1.5 percent, while the broader defense index climbed nearly 1 percent. Pharma stocks under pressure European healthcare shares slipped by half a percent, with Novo Nordisk leading the decline, losing 1.3 percent. The downturn followed a statement from the US Food and Drug Administration, which announced tighter checks on imported ingredients for weight-loss drugs. The agency voiced concerns that many shipments could be counterfeit and potentially harmful. Insurance sector hit by Phoenix drop Shares of Phoenix Group tumbled nearly 6 percent after the UK insurer released its half-year results. The company also announced it would rebrand as Standard Life Plc in March 2026, adding further weight to the sell-off. Fed outlook boosts global equities Hopes of an interest rate cut by the Federal Reserve continued to lift sentiment. Futures on the S&P 500 rose 0.2 percent, bringing the index close to last week's record intraday high. European stocks advanced 0.2 percent, while Asian markets gained 0.7 percent. Political shift in Tokyo The week's first major political shake-up came from Japan, where Prime Minister Shigeru Ishiba resigned. Markets reacted unevenly: the yen and long-term bonds weakened, while equities rallied. Traders interpreted the turmoil as a sign that the Bank of Japan is less likely to raise rates in the near term. Paris and Tokyo weigh on currency markets The combined political uncertainty in France and Japan has added pressure on the dollar. Despite disappointing US labor data last Friday — which reinforced expectations of a quarter-point Fed rate cut by month-end and even hinted at a slim chance of a half-point move — the greenback failed to strengthen. Currencies: euro edges higher At the start of the week, the euro inched up by just 0.1 percent, trading at 1.1731 against the dollar. The greenback gained modestly versus the yen, settling at 147.6. A weaker Swiss franc and antipodean currencies did little to boost the single currency further. Treasury yields hold steady After a sharp drop last Friday, US Treasury yields remained largely unchanged. The 10-year yield slipped to 4.08 percent, while the two-year note, which is more sensitive to Federal Reserve policy, stood at 3.50 percent. Inflation data in focus Markets are now awaiting Wednesday's release of the US Consumer Price Index, the final major indicator before the Fed's upcoming meeting. A stronger-than-expected reading could reduce the likelihood of an aggressive rate cut. ECB meeting ahead On Thursday, attention will shift to the European Central Bank. Analysts widely expect policymakers to keep borrowing costs unchanged for the second meeting in a row. Gold reaches new heights On the commodities front, gold continued its rally, setting a fresh all-time high at 3616 dollars per ounce. The metal has already surged 37 percent this year, extending the momentum after a 27 percent gain in 2024. Oil prices gain on OPEC+ decision Both Brent and West Texas Intermediate crude climbed 1.6 percent after OPEC+ members agreed over the weekend to slow the pace of production increases starting in October. The move reflects concerns over weakening global demand and has lent additional support to oil markets. The material has been provided by InstaForex Company - www.instaforex.com

The confidence vote is set to take place later this afternoon with the results expected with the results likely to come in around 1500 GMT or after that. Incumbent French prime minister Bayrou is set to be ousted but are markets underestimating the political turmoil that could follow? Well, let's take a look. For the most part, the euro currency has shrugged off the risks associated with the situation in the region's second largest economy. So, that's one clear spot to look at in terms of potential negative reactions from markets. That at least is what Societe Generale is arguing. The firm outlines that the most probable outcomes are either Bayrou loses the vote and a caretaker prime minister is appointed or that Bayrou loses and the National Assembly is dissolved. And that will lead to an election with the likeliest result being another hung parliament. They outline that if the general election leads to a hung parliament and/or a National Rally win, that would cause "significant political and fiscal risks". In turn, that will be the most negative outcome for the euro. But in the case of any other outcome (even in the confidence vote), any positives will be limited and could be slightly negative at the balance. Societe Generale is noting that the market is being complacent right now and that the probability-weighted outcome for EUR/USD implies a target of 1.1570 This article was written by Justin Low at investinglive.com.

Wall Street’s appetite for companies holding Bitcoin on their balance sheets is cooling, and investors are starting to show it, according to the New York Digital Investment Group. Greg Cipolaro, the firm’s global head of research, said the disparity between share prices and net asset value (NAV) for major buyers is narrowing even as Bitcoin reached highs earlier this year. He pointed to several forces pushing those premiums down, from looming supply unlocks to increased share issuance. Premiums On The Slide Investor worry over future token unlocks is weighing on prices. Cipolaro listed other drivers: shifting corporate aims among digital-asset treasuries, fresh share sales, investor profit-taking, and a lack of clear differences between companies that simply hold Bitcoin. Companies often used as proxies for Bitcoin gains — names like Metaplanet and Strategy — have seen that gap compress. In plain terms, stocks that once traded at a healthy premium to the coins they own are now much closer to their NAVs. Buying Activity Slows Sharply Reports have disclosed that the combined holdings of publicly disclosed Bitcoin-buying companies peaked at 840,000 BTC this year. Strategy accounts for a third of that total, or about 637,000 BTC, while the rest is spread across 30 other entities. Data shows a clear slowdown in purchase size. Strategy’s average buy in August fell to 1,200 BTC from a 2025 peak of 14,000 BTC. Other companies bought 86% less than their March 2025 high of 2,400 BTC per transaction. Monthly growth has cooled too: Strategy’s monthly increase slid to 5% last month from 40% at the end of 2024, and other firms went from 160% in March to 7% in August. Share Prices And Fundraising Values Are Coming Under Pressure A number of treasury companies are trading at or below the prices of recent fundraises. That gap creates risk. If newly issued shares begin trading freely and owners decide to cash out, a wave of selling could follow. Cipolaro warned a rough patch may be ahead and advised companies to consider measures that support their share price. Stocks May Face A Bumpy Ride One straightforward move suggested was stock buybacks. According to Cipolaro, crypto focused companies should set aside some capital raised to buy back shares if needed. That approach can lift prices by shrinking the number of outstanding shares. Meanwhile, Bitcoin itself has not been immune to swings. Based on CoinMarketCap quotes, BTC was trading around $111,550, down about 7% from a mid-August peak above $124,000. The price move tightens the margin for error for treasury firms: their fortunes are linked to the coin, but their stock prices can move independently and sometimes more harshly. Featured image from Unsplash, chart from TradingView

Overview: The dollar is mostly consolidating with a softer bias after the disappointing employment report before the weekend. The derivatives market is pricing in about a 10% chance of a 50 bp Fed cut next week, which still seems exaggerated given the likely uptick in headline CPI this week. The Japanese yen is the only G10 currency that is weaker on heels of the resignation of Prime Minister Ishida who saw the surveys that showed a majority of his party wanted a leadership contest this year as a vote of no-confidence. The policy uncertainty weighed on the long-end of the Japanese interest rate, though the 10-year yield slipped and equities rose. Most emerging market currencies are also firmer against the dollar, including the Chinese yuan, where the PBOC set a new low fix for the dollar since last November. The focus is on the French confidence vote today, but French 10-year premium over Germany is a little narrower today. European benchmark yields are little changed, but the UK 10-year Gilt yield is up one basis point, the most in Europe. The 10-year Treasury yield fell over eight basis points at the end of last week, and its three-day drop was near 18 bp. It is trading a basis point higher today to almost 4.09%. Stocks are rallying today. All the large bourses in the Asia Pacific region rose but Australia. Europe's Stoxx 600 is recouping its pre-weekend loss and is up around 0.25%. US index futures are also trading with a firmer bias. Gold is extending its run to record highs and poked above $3617 today. OPEC+ agreed to raise production by 137k barrels a day next month, but actual output is thought to likely be lower as some members may forgo their increase to make up for overproduction previously or may lack spare capacity. Its three-day swoon of more than $3.5 a barrel is being snapped today as the black gold pushes above $63 after settling below $62 before the weekend. USD: It took longer than we had imagined, but ahead of the weekend, the Dollar Index settled below the low seen in response to Federal Reserve Chair Powell's speech at Jackson Hole on August 22. It frayed the lower Bollinger Band a little above 97.50. It is trading in about a 50-point range so far today below 97.95. The poor US jobs data fanned speculation of a 50 bp cut at the FOMC that concludes on September 17. More poor news is expected tomorrow when the BLS announces benchmark revision to the establishment survey. Last year, the benchmark revision subtracted 818k jobs. Still, we are concerned that with US rates already at their lowest level in several months, market speculation may be getting ahead of itself, and that the fourth consecutive increase in the headline CPI will dampen speculation of a large rate cut next week. EURO: The euro tested the $1.1760 area twice ahead of the weekend. The risk seems to be some backing and filling and the risk may extend toward $1.1680. The euro overcame the disappointed German factory orders (-2.9%) and was bid even before the US jobs data disappointed. The euro recorded its low today, slightly ahead of $1.1690 in early turnover and was already back above $1.1720 when Germany reported stronger than expected industrial output (+1.3%), its first increase since March. At the same time, it reported an unexpected decline in July exports (-0.6%). The market continues to watch is overshadowed by French political machinations. The government does not appear to have the support to win the confidence vote. President Macron will likely choose another prime minister, but he may lose conservative Republican ministers if he appoints a Socialist. Fitch reviews France's AA- credit rating with a negative outlook at the end of the week. Without fiscal progress, the risks are of a downgrade. CNY: The dollar was sold slightly through CNH7.1220 after the US jobs report, holding slightly above the week's low set last Monday closer to CNH7.1210. It is trading quietly today between about CNH7.1245 and CNH7.1335. If the greenback's downtrend accelerates it will be difficult for officials to try to steady the yuan, arguably signaled by the setting the dollar's fix higher in four of last week's five sessions. The PBOC set the dollar's reference rate at a marginal new low for the year today CNY7.1029 (CNY7.1064 before the weekend, and CNY7.1072 last Monday). The PBOC reported reserves rose by nearly $30 bln to $3.322 trillion after falling by $25.2 bln in July. Valuation appears to be the key driver. However, it did continue to increase its gold holdings. Separately, it reported that its August trade surplus rose to $102.3 bln (from $98.2 bln in July). Exports slowed to 4.4% year-over-year (7.2% in July), the weakest in six months. Exports to the US are down a third over the past year, while exports to Southeast Asia were up by almost a quarter, as were exports to Africa. Shipments to Europe were up 10%. Imports slow to 1.3% year-over-year (4.1% in July). JPY: News that Prime Minister Ishiba will resign weighed on the yen initially early today, and lifted the dollar to almost JPY148.60, slightly above the pre-weekend/pre-US jobs data high) amid the uncertainty. The scramble to replace Ishiba began in earnest and many observers are replaying last year's leadership contest. Long-term Japanese yields rose amid the uncertainty. Still, the yen recovered, and the dollar reached JPY147.50 by early European turnover. The greenback peaked in the middle of last week near JPY149.15, its highest level in over a month, and after consolidating Thursday, it fell to nearly JPY146.80 ahead of the weekend. Note that Japan revised up Q2 GDP from 1.0% at an annualized rate to 2.2%, helped by stronger private consumption and less of a drag from inventories, which more than offset the slower business spending. The July current account balance widened as the strong seasonal pattern suggested (JPY2.68 trillion vs. JPY1.35 trillion), though notably the trade balance swung into deficit (-JPY189 bln vs. JPY470 bln). GBP: Sterling reached nearly a three-week high ahead of the weekend near $1.3555 to make a marginal new high for the week. It is like the old adage about the ugly contest in some ways with fiscal pressure mounting and the government seems to be a bit of disarray after the deputy prime minister resigned (and her party role, as well). A cabinet reshuffle is expected in the coming days. This, as the French government is on the precipice, and the dollar was pushed lower as the slowdown in the labor market quickened. The $1.3600-level capped sterling in the third week of July and again in the middle of August. Friday's high may hold. It is trading in about a fifth of the cent around $1.3500 so far today. CAD: Canada's disappointing jobs report did it no favors, but the weaker US dollar environment ahead of the weekend, would have weighed on the Canadian dollar in any event. It was the only G10 currency not to have gained on the US dollar. Although the greenback traded on both sides of the previous day's range it settled within Thursday's range. Still the technical tone looks constructive. It is trading between about CAD1.3810 and CAD1.3845 today. A convincing move above CAD1.3860 could spur a move toward CAD1.3900-25 initially. There was little response to Prime Minister Carney's C$5 bln initiative to counter the negative impact of US tariffs. There have been two quick blows to Canada--the sharper than expected contraction in Q2 GDP (-1.6% annualized) and the weaker labor market report (a sharper than expected rise in unemployment to 7.1% and a loss of full-tine positions in August for the second consecutive month). This has boosted speculation for a rate cut later this month to almost 80%. AUD: The Australian dollar reached a six-week high ahead of the weekend. It reached nearly $0.6590 and has returned to near there today. The Aussie has traded above $0.6600 only twice this year. It held the five-day moving average (~$0.6545). It and the New Zealand dollar join the Norwegian krone to lead the G10 currencies today. MXN: The US dollar traded to a two-week low before the weekend near MXN18.58. But unlike what we saw previously, good dollar buying emerged on the pullback and lifted the greenback above MXN18.73. The dollar is trading in the upper end of the pre-weekend range today (~MXN18.6825-MXN18.7380). Still, the peso does not appear to be going anywhere quickly. It has not traded below MXN18.55 or above MXN18.87 for more than three weeks. Disclaimer

CryptoQuant analyst ‘caueconomy’ found that Bitcoin whales have dumped roughly $12.7B worth of $BTC over the past month. Shockingly, this marks the largest whale sell-offs since July 2022. These $BTC liquidations are anticipated to keep the #1 crypto’s price under pressure for longer – especially if they’re ongoing. Don’t want to sit in the dip while waiting for the market to perk back up? Then why not check out the best crypto presales? Bitcoin Whale Reserves Down 10K+ $BTC in One Month In a blog post on Friday, ‘caueconomy’ highlighted that holders are offloading $BTC more aggressively. So much so that the #1 crypto has reached its highest distribution levels this year. The analyst found that whale reserves have dropped by over 10K $BTC in the past 30 days, ‘signaling intense risk aversion among large investors.’ They believe that this selling pressure is what’s been pushing $BTC’s price below $108K, a level it had sunk below last week. At the time of writing, $BTC is valued at $111K. If you don’t want to wait for it to rebound yet want to boost your portfolio, now signals a great time to check out top presales. Since these tokens are still in their fundraising stages and not yet trading on the open market, whale sell-offs don’t affect their prices. In turn, they’re safer investment opportunities to check out in today’s volatile market. Even better, some presale coins are built with utility to help you thrive amid unfavorable market conditions, including Snorter Token ($SNORT), BlockchainFX ($BFX), and Best Wallet Token ($BEST). 1. Snorter Token ($SNORT) – Five-Figure Whale Investments Signal Confidence in Its Upcoming Trading Bot Snorter Token ($SNORT) is quickly attracting notable attention. It has already scooped up $3.7M+ on presale, propelled by three major whales investing $40K, $32K, and $21K. Such foremost transactions highlight that big investors have faith in Snorter Bot, the crypto project’s upcoming Telegram trading bot. Once launched this quarter, Snorter Bot will enable you to swap and automatically snipe new tokens quickly and safely. With an aardvark mascot, its ultimate ambition is to help you sniff out the next crypto to explode. If you’re not a confident trader, Snorter Bot’s copy trading feature has your back. It’ll enable you to mirror top traders’ moves for greater profit potential effortlessly. Better yet, it brings trust to the presale market that, unfortunately, isn’t scam-proof. Built with MEV protection, plus honeypot and rug pull alerts, the bot ensures you stay safe while chasing top opportunities for gains. It’ll first launch on Solana to take advantage of its low fees (just 0.85%) and fast transaction speeds (currently averaging 821.8 transactions per second). By doing so, it claims that it’ll outpace rival bots like Maestro, Trojan, Banana Gun, Bonk Bot, and Sol Trading Bot. Once it has a foothold in the Solana arena, the bot will expand across multiple chains, including Ethereum, BNB Chain, and other EVM networks. This way, you can trade the hottest alpha across chains – not just the best Solana meme coins. After buying $SNORT on presale, you can also anticipate leaderboard perks, DAO voting rights, and staking rewards at a 123% APY. One $SNORT currently costs as little as $0.1037. Following early bot adoption and exchange listings, it’s projected to reach $1.02. So, now presents an opportune moment to join the presale for potential returns of over 883%. 2. BlockchainFX ($BFX) – Powers Global Exchange That Bridges DeFi & TradFi $BFX is the linchpin of BlockchainFX, a cutting-edge global exchange that bridges DeFi and TradFi. Owing to this, it has nearly raised on eye-boggling $7M on presale. From a highly user-friendly app, you can gain access to not just crypto but also stocks, forex, ETFs, commodities, and bonds. Essentially, it gives you easy access to the world’s top markets, all under one roof. Although $BFX is still on presale, BlockchainFX already grants access to over 500 assets, including $BTC, $ETH, gold, and Tesla. Purchasing $BFX gives you early access to the platform, reduced trading fees, and daily staking rewards (in $USDT and $BFX). It also gives you exclusive perks like access to the limited-edition BFX Visa Card, which can be topped up with 20+ cryptos to spend globally online or in-store. This way, you can easily spend your crypto without the hassle of off-ramps. To reap these perks, you can purchase $BFX on presale for just $0.022. With a launch price set at $0.05, now’s a great time to secure early entry at its lowest current price. 3. Best Wallet Token ($BEST) – Raises $15.6M+ Over Fueling Crypto Wallet Perks Best Wallet Token ($BEST) has already attracted over $15.6M on presale as it’s the native token of Best Wallet, a mobile-friendly crypto wallet. After downloading the mobile app, you can manage, buy, sell, swap, and stake over 1K digital assets across major chains, including Ethereum, Polygon, and BNB Chain. It’ll soon support over 60 networks, so you can anticipate unlocking even greater crypto opportunities in the near future. As a non-custodial wallet, you can rest easy knowing that you have full ownership of your private keys. Considering that private key compromises accounted for the largest share of stolen crypto last year, at 43.8%, non-custodial wallets like Best Wallet are safe choices. Additionally safeguarding your digital assets, the wallet includes 2FA, biometric protection, local encryption, and personal cloud backups. Beyond this, the wallet is full of intuitive tools for discovering top investment opportunities at reasonable prices. This includes a token launchpad and a swap function that scans 330+ DEXs and 30 bridges for the best rates. It also has an ambitious roadmap that includes a crypto debit card (Best Card), a built-in NFT gallery, and a rewards hub for loyal users. And that’s to name a few. When buying $BEST, you’ll also be granted with lower gas fees, governance rights, and staking rewards (currently at an 85% APY). You can buy $BEST on presale for just $0.025605. But don’t wait around: Its price will increase later today and is forecasted to hit $0.035215 after being listed on Uniswap, one of the best decentralized exchanges. Verdict – The Best Crypto Presales Are Safe Investment Opportunities Bitcoin Whales offloading 100K+ $BTC shows that not even the world’s largest crypto is protected from sudden supply shocks. If you don’t want to wait for the volatility to clear up, your current best bet might be investing in the best crypto presales, like $SNORT, $BFX, and $BEST. Because they’re not yet listed on the market, they’re protected from whale-driven price swings. Plus, their utility helps you explore the next crypto that’s primed to thrive safely and hassle-free. This isn’t investment advice. Always do your own research and never invest more than you’d be sad to lose. Authored by Aaron Walkers, NewsBTC – https://www.newsbtc.com/news/best-crypto-presales-amid-big-bitcoin-sell-off/

The USD/CHF pair is trying to rebound from the 0.7950 level but so far without success. The U.S. dollar has been attempting to find support from buyers since the start of the new week, partly offsetting losses after the disappointing U.S. Nonfarm Payrolls report, which came in weaker than expected and pushed the currency to its lowest level in more than a month. In addition, the generally optimistic risk sentiment in markets typically reduces demand for the Swiss franc as a safe-haven currency, creating favorable conditions for USD/CHF growth. However, the dollar's strengthening potential is limited by expectations of more decisive monetary easing by the Federal Reserve. Market participants are already pricing in a likely Fed rate cut in September and three cuts by year-end. This will cap significant dollar appreciation and restrain USD/CHF upside. From a technical standpoint, Friday's close below the key 0.8000 level for the first time since July 25 suggests that the most probable direction for spot prices is lower, especially since oscillators on the daily chart remain negative. As such, any recovery attempts may be viewed as selling opportunities, which will likely fade quickly in the absence of U.S. economic data capable of shifting market sentiment. Attention now turns to upcoming U.S. inflation data — the Producer Price Index (PPI) on Wednesday and the Consumer Price Index (CPI) on Thursday. These key releases will define the next trajectory of the U.S. dollar and provide a significant impulse for USD/CHF in the second half of the week. The material has been provided by InstaForex Company - www.instaforex.com

Fundamental Overview The USD sold off across the board on Friday following another soft NFP report. The dovish bets on the Fed increased as a result and the market is now expecting three rate cuts by year-end (70 bps). Moreover, we have also an 8% probability of a 50 bps cut in September but that will likely happen only if we get a soft CPI report on Thursday. In that case, the greenback will likely weaken further into the FOMC meeting. Overall, if one zooms out, the US dollar continues to range although the dovish bets on the Fed keep weighing on the currency. Part of that could be the fact that the bearish positioning on the dollar could be overstretched and we might be at the peak of the dovish pricing. In fact, if the Fed cuts trigger stronger economic activity in the next months, the rate cuts in 2026 could be priced out and support the dollar. Nevertheless, the trend is still skewed to the downside, and we might need strong data to reverse it. On the GBP side, nothing has changed fundamentally. The BoE delivered a hawkish cut at the last meeting and since then the data has been coming on the hotter side. In fact, the latest UK CPI surprised once again to the upside and the latest Flash PMIs, although mixed, showed strength and persistent inflationary pressures. Last week, we got a selloff in the pound across the board as the UK 30yr yield jumped to a new cycle high. That was eventually erased in the following days and especially after the soft NFP report. GBPUSD Technical Analysis – Daily Timeframe On the daily chart, we can see that GBPUSD sold off all the way back to the key 1.3368 support after the UK 30yr yields jumped to a new cycle high but eventually bounced off of the support. The price is now back near the 1.3590 resistance. If the price gets there, the sellers will likely step in with a defined risk above the resistance to position for a drop back into the 1.3368 support. The buyers, on the other hand, will look for a break higher to increase the bullish bets into the 1.3790 level next. GBPUSD Technical Analysis – 4 hour Timeframe On the 4 hour chart, we can see that we have an upward trendline defining the bullish momentum. The buyers will likely continue to lean on the trendline with a defined risk below it to keep pushing into new highs. The sellers, on the other hand, will look for a break lower to position for a drop into the 1.3368 support next. GBPUSD Technical Analysis – 1 hour Timeframe On the 1 hour chart, there’s not much else we can add here as the buyers will look for a bounce around the trendline, while the sellers will look for a break. The red lines define the average daily range for today. Upcoming Catalysts On Wednesday we get the US PPI report. On Thursday, we get the US CPI report and the latest US Jobless Claims figures. On Friday, we conclude the week with the UK GDP and the University of Michigan Consumer Sentiment report. This article was written by Giuseppe Dellamotta at investinglive.com.

The Canadian dollar is showing little movement at the start of the week. In the European session, USD/CAD is trading at 1.3820, down 0.06% on the day. Canada's employment sinks Canada's labor market is deteriorating quickly. In August, employment slipped by 65.5 thousand, the sharpest decline since January 2022. This was well off the market estimate of a 7.5 thousand gain and following the July reading of -40.8 thousand. That's the loss of over 100 thousand jobs in just two months. The massive loss of jobs has been driven by the US-Canada trade war, as many Canadian products have been slapped with 35% tariffs. There was more bad news, as the unemployment rate jumped to 7.1% from 6.9% in July, higher than the market estimate of 7.0%. This marked the highest unemployment rate since August 2021. The Bank of Canada will be concerned with the weak job numbers, which support the case for a rate cut. However, with core CPI around 3%, well above the 2% target, the Bank of Canada is hesitant to lower rates. The next inflation report comes out a day before the September 17 rate meeting, and could determine whether the BoC holds or cuts rates. US nonfarm payrolls fall to 22 thousand US nonfarm payrolls disappointed with a marginal gain of 22 thousand, well below the upwardly revised gain of 79 thousand in July and the market estimate of 75 thousand. The unemployment rate edged up to 4.3% from 4.2%, the highest level since December 2021. The money markets responded to the weak nonfarm payrolls report by fully pricing in a rate cut at next week's meeting, with a 90% probability of a quarter-point cut and a 10% chance of a half-point cut, according to CME's FedWatch. Prior to the jobs release, there was a 0% chance of a half-point cut. USD/CAD Technical USD/CAD has pushed below support at 1.3830 and is testing support at 1.3821 1.3843 and 1.3852 are the next resistance lines USDCAD 4-Hour Chart, September 8, 2025 Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

GBP/USD Brief analysis:Since the beginning of this year, the British pound has been steadily rising against the U.S. dollar. A corrective phase of the wave began at the end of June and is still unfinished. The structure shows the final part (C) is not complete. The calculated resistance passes along the lower boundary of the potential daily reversal zone. Weekly forecast:In the first days, the pair will likely decline and trade sideways along the support zone. Then, a reversal and renewed upward movement should follow. A brief breakout below the support boundary is possible before the turn. The resistance zone marks the probable upper boundary of the weekly range. Potential reversal zones Resistance: 1.3700/1.3750Support: 1.3430/1.3380Recommendations Sales: risky due to limited downward potential.Purchases: relevant after confirmed reversal signals near support.AUD/USD Brief analysis:The Australian dollar's uptrend over the past two months brought prices into a large potential reversal zone on the higher timeframe. The current bearish wave began on August 29 and remains incomplete. Weekly forecast:In the next few days, price is expected to move sideways, possibly dipping to the upper boundary of support. Afterward, renewed bullish movement is likely. The calculated resistance lies at the lower edge of a major reversal zone, where the entire wave may end. Potential reversal zones Resistance: 0.6620/0.6670Support: 0.6530/0.6480Recommendations Sales: limited potential; safer to reduce volume size.Purchases: possible after reversal signals appear near support.USD/CHF Brief analysis:Since April, the Swiss franc pair has been in an uptrend, forming as a contracting flat. The pair is still in correction, nearing the upper boundary of a strong potential reversal zone, which acts as support. Weekly forecast:Early in the week, sideways trading near support is likely. Toward the weekend, the chance of a reversal and renewed bullish momentum increases. The rate could reach resistance levels during this week. Potential reversal zones Resistance: 0.8170/0.8220Support: 0.7930/0.7880Recommendations Sales: not advisable this week.Purchases: valid after confirmed reversal signals from your systems.EUR/JPY Brief analysis:For the past month, EUR/JPY has been trending upward. Within the unfinished final wave, a counter pullback is forming as a sideways flat. The structure is not yet complete. Weekly forecast:Sideways movement with a downward bias is expected in the coming days. In the second half of the week, reversal signals near support may trigger renewed upward movement. A volatility spike is possible. Potential reversal zones Resistance: 175.00/175.50Support: 171.00/170.50Recommendations Sales: possible in small volumes intraday.Purchases: suitable after confirmed reversal signals near support.AUD/JPYBrief analysis:Since April, AUD/JPY has been trending upward. Since mid-July, the wave has been forming its middle part (B), mostly sideways as a contracting flat. Weekly forecast:The pair is expected to continue sideways this week, with a downward bias early on. From support, a reversal upward toward the top of the range may occur by the weekend. Potential reversal zones Resistance: 100.00/100.50Support: 95.00/94.50Recommendations Purchases: valid after signals of trend reversal.Sales: possible intraday in small volumes.USD Index Brief analysis:This year, the U.S. dollar index has been trending downward. Prices have reached the top of the potential reversal zone. Recent months have seen horizontal correction near this area. The unfinished segment began on August 1, and for three weeks the pair has formed a flat correction. Weekly forecast:In the first half of the week, sideways movement near resistance is likely, with pressure on the upper boundary. Increased volatility and renewed decline may follow toward the weekend, possibly triggered by economic data releases. Potential reversal zones Resistance: 97.90/98.10Support: 96.90/96.70RecommendationsDollar purchases in major pairs may be short-lived. After confirmed reversal signals near resistance, trades should account for the dollar's further weakening. Ethereum (#ETH) Brief analysis:Since August 22, Ethereum has been correcting the previous upward move. The wave has reversal potential and may mark the start of a new bearish phase. For three weeks, price has been consolidating sideways, forming the middle part (B), still unfinished. Weekly forecast:Sideways trading will likely continue in the coming days. Early in the week, the pair may rise toward resistance. By the weekend, volatility should increase, bringing a reversal and downward movement. Potential reversal zones Resistance: 4480.0/4580.0Support: 4060.0/3960.0Recommendations Purchases: possible intraday in small volumes.Sales: not recommended until reversal signals near resistance appear.Notes: In simplified wave analysis (SWA), all waves consist of 3 parts (A-B-C). On each timeframe, the focus is on the last unfinished wave. Expected movements are shown with dashed lines. Attention: The wave algorithm does not account for the time duration of price movements! The material has been provided by InstaForex Company - www.instaforex.com

EUR/USD Brief analysis:The 4-hour chart of the common European currency major shows that since February this year, the trend has been driven by an upward wave. The unfinished segment of the main trend started on July 31. Over the past two weeks, a counter correction has formed, in the shape of a contracting flat. The price is moving along the lower boundary of a strong potential reversal zone. Weekly forecast:In the coming days, the euro is likely to maintain a sideways bias with an overall upward vector. A stop, reversal, and subsequent decline should be expected near the resistance zone. The support level marks the lower boundary of the expected weekly range. Potential reversal zones Resistance: 1.1760/1.1810Support: 1.1600/1.1550Recommendations Sales: after confirmed reversal signals appear near resistance.Purchases: may be used in small lots within intraday trading.USD/JPY Brief analysis:The downward section of the Japanese yen major from August 1 completes the prolonged bullish wave since April. Once confirmed, it will start a new phase of the earlier dominant bearish trend. The price is moving along the lower boundary of a strong potential reversal zone. Before further decline, the pair needs to complete the correction of the past month. Weekly forecast:Sideways movement is expected in the coming days, with price moving along resistance levels. A breakout above resistance is unlikely. The second half of the week is expected to be more volatile. From the resistance zone, a decline toward support levels is expected. Potential reversal zones Resistance: 148.10/148.60Support: 145.70/145.20Recommendations Purchases: risky, with limited potential.Sales: could be profitable after reversal signals near resistance.GBP/JPY Brief analysis:On a larger scale, the GBP/JPY pair has been in an uptrend for the past six months. From the lower boundary of strong resistance, after a corrective decline since August 4, an upward wave with reversal potential is developing. Its middle part (B) is close to completion. No early reversal signals are visible yet. Weekly forecast:Early in the week, the pair is likely to maintain a sideways trajectory along the resistance zone. Toward the weekend, the probability of higher volatility and a reversal to the downside increases. A brief breakout of the upper boundary cannot be ruled out. The timing of the reversal may coincide with key economic data releases. Potential reversal zones Resistance: 200.00/200.50Support: 197.90/197.40Recommendations Purchases: carry high risk and may lead to losses.Sales: can be considered after reversal signals near support.USD/CAD Brief analysis:For the past six months, the Canadian dollar has been moving downward against the U.S. dollar. Over the last three months, the price has been forming a flat correction. The wave structure lacks a final segment. Weekly forecast:Sideways movement is expected at the start of the week, possibly with a decline toward the support zone. A reversal and subsequent rise toward resistance may follow. Volatility is likely to increase closer to the weekend. Potential reversal zones Resistance: 1.3920/1.3970Support: 1.3800/1.3750Recommendations Sales: limited potential, suitable for intraday trades in small volumes.Purchases: conditions will appear only after confirmed reversal signals near support.NZD/USD Brief analysis:Since early July, the "kiwi" has been moving downward. On higher timeframes, this section forms a correction, not yet complete. The last unfinished upward segment started on July 29. The pair is currently locked in a narrow corridor between opposing zones. Weekly forecast:In the first days, the bullish bias may continue, with growth toward resistance. A reversal can be expected in the second half of the week. Renewed bullish movement may coincide with important economic releases. The support zone marks the lower boundary of the expected weekly range. Potential reversal zones Resistance: 0.5930/0.5980Support: 0.5800/0.5750Recommendations Purchases: no conditions at present.Sales: recommended after confirmed reversal signals near resistance.Gold Brief analysis:Gold has maintained a weak upward bias for the past six months, mainly trading sideways, forming a correction to the prior uptrend. Currently, the structure resembles a contracting flat, still lacking a final segment. In recent weeks, the price broke through resistance, gaining room to move higher. Weekly forecast:Early in the week, gold is likely to trade more sideways, with possible declines toward support. Conditions for a reversal and renewed growth may form afterward. The resistance zone marks the upper boundary of the expected weekly range. Potential reversal zones Resistance: 3650.0/3670.0Support: 3550.0/3530.0Recommendations Sales: high risk, safer if using small volumes.Purchases: relevant after confirmed reversal signals near support.Bitcoin (#BTC) Brief analysis:Since early August, Bitcoin's short-term trend has been guided by an upward wave. The last two weeks have seen an unfinished downward section of this wave. The price is nearing the upper boundary of the potential daily reversal zone. Weekly forecast: A continuation of the downward vector is most likely in the coming days, up to support zone levels. A reversal is highly probable afterward. Growth can be expected at the end of this week or the beginning of the next. Potential reversal zones Resistance: 117000.0/118000.0Support: 108000.0/109000.0Recommendations Sales: possible in small volumes during separate sessions, with potential limited to the support zone.Purchases: become relevant after reversal signals near support.Notes: In simplified wave analysis (SWA), all waves consist of three parts (A-B-C). On each timeframe, the analysis focuses on the last unfinished wave. Expected movements are shown with dashed lines. Attention: The wave algorithm does not account for the time duration of price movements! The material has been provided by InstaForex Company - www.instaforex.com

This is a follow-up analysis and update of our prior report, “Nikkei 225 Technical: A potential bullish reversal looms after a 4% decline as market breadth improves with earnings upgrade”, published on 22 August 2025. The price actions of the Japan 225 CFD Index (a proxy of the Nikkei 225 futures) have staged the expected bullish reversal after the test on the 41,760 key short-term pivotal support on 2 September 2025 (printed an intraday low of 41,688) and rallied by 3.6% to hit 43,203 on last Friday. 5 September. In today’s Asia session, it gapped up and added 1.7% to print a current intraday high of 43,850, just a whisker away from the recent all-time high of 43,942 printed on 18 August, on the backdrop of the resignation of Japan’s Prime Minister Ishiba on Sunday. Japan’s PM contenders are likely to advocate for fiscal stimulus measures The Liberal Democratic Party (LDP) members are likely to vote for their leader in early October, with two leading contenders being Sanae Takaichi, a former internal affairs minister, and Agriculture Minister Shinjiro Koizumi, the son of a former prime minister. Both contenders tend to have a more liberal stance towards fiscal policy and support more fiscal stimulus measures. Let’s now take a closer look at the latest key technical elements to decipher its next short-term (1 to 3 days) directional bias and key levels to watch on the Japan 225 CFD Index. Fig. 1: Japan 225 CFD Index minor trend as of 8 Sep 2025 (Source: TradingView) Fig. 2: JGB yield curves (30-YR/2-YR & 10-YR/2-YR) major trends as of 8 Sep 2025 (Source: TradingView, click to enlarge chart) Preferred trend bias (1-3 days) Maintain the bullish bias on the Japan 225 CFD Index with a tightened short-term pivotal support now at 43,060/42,850 for the next intermediate resistances to come in at 44,050/44,110 and 44,840/44,970 (Fibonacci extension cluster and towards the upper boundary of a minor ascending channel from 1 August 2025 low) (see Fig. 1). Key elements Price actions of the Japan 225 have traded back above the 20-day moving average, which reinforces the ongoing short-term/minor bullish impulsive up move sequence.The hourly RSI momentum indicator has not flashed at a bearish divergence condition as it hit its overbought zone (above 70 level) in today’s Asia session.The major bullish breakout (steepening conditions) of the JGB yield curves since June 2022 has a direct correlation with the movements of the Nikkei 225, and the major uptrend phases of the JGB yield curves' steepening remain intact so far, in turn, may trigger a further positive feedback loop into the Nikkei 225 (see Fig. 2).Alternative trend bias (1 to 3 days) Failure to hold at the 43,060/42,850 key short-term support for the Japan 225 CFD Index negates the bullish tone for a minor corrective decline to expose the next intermediate support at 42,260. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2025 OANDA Business Information & Services Inc.

To most people, nickels represent pocket change worth five cents. But in April 2008, a single 1926-S Buffalo nickel sold for $322,000 at auction. This was no coincidence, but rather a reflection of the coin’s exceptional rarity and condition. The 1926-S Buffalo nickel is the rarest regular-issue coin in the entire series, with fewer than 1,000 examples surviving today in all grades combined. While some Buffalo nickels trade for face value, others command astronomical premiums. This guide reveals which dates to look for, their key traits, and the history behind their rarity. What Makes the Buffalo Nickel Special The Buffalo nickel series combines artistic achievement with inherent design ‘flaws’ that created both beauty and rarity. Watch this brief video to understand how these coins became some of America’s most distinctive currency. Fraser’s art James Earle Fraser’s Native American portrait and American bison design replaced the Liberty Head nickel’s classical female profile. Fraser, commissioned to create distinctly American imagery, used living Native American chiefs as models – Iron Tail of the Lakota and Two Moons of the Cheyenne – rather than idealized fictional figures. The reverse featured Black Diamond, an actual bison from New York’s Central Park Zoo. This marked the first time U.S. coinage depicted real American subjects and wildlife instead of mythological goddesses and eagles, creating what Fraser called “truly American” money. Image: Historical photograph of Iron Tail, one of the Native American chiefs used as a model for Fraser’s Buffalo Nickel design, shown alongside the coin’s obverse. Source: Dime Library The date problem Unlike previous nickels where dates were recessed and protected, Fraser placed the Buffalo nickel’s date in raised relief on the Indian’s shoulder, i.e. one of the coin’s highest points. This positioning made the date the first element to contact surfaces during circulation, causing it to wear away quickly. Within just a few years of use, millions of Buffalo nickels became completely dateless. This design flaw created an unintended rarity scale: coins with sharp, fully readable dates now command significant premiums over their worn counterparts. While Buffalo nickel no date specimens have limited collector value, they represent a fascinating aspect of the series’ design challenges. Image: Worn Buffalo Nickel showing completely missing date due to circulation wear on the raised relief design. Source: NGC Short series, big impact Unlike series that ran for decades, Buffalo nickel production lasted only 25 years (1913-1938). This compressed timeline created natural scarcity, especially for low-mintage issues from the San Francisco and Denver mints. The 1926-S: King of Buffalo Nickels Low mintage, poor survival rates, and decades of collector pursuit have made the 1926-S the undisputed king of Buffalo nickels. Image: 1926-S Buffalo Nickel obverse and reverse, the key date rarity with only 970,000 minted, showing “S” mint mark. Source: PCGS Rarity facts By 1926, the Buffalo nickel series was winding down, with most mints reducing production significantly. The San Francisco Mint produced only 970,000 Buffalo nickels in 1926, compared to 119,001,420 Philadelphia pieces struck that same year. This makes the 1926-S nearly 123 times scarcer than its common counterpart from the start. Survival rates Numismatists estimate fewer than 1,000 examples survive in all grades combined today. Most circulated heavily on the West Coast during the late 1920s and 1930s, with the majority lost to pocket change or melted during metal drives. The typical survivor shows significant wear, with sharp specimens representing perhaps 1-2% of the original mintage. Grade sensitivity With so few 1926-S examples surviving, even minor condition differences create dramatic value gaps. A coin that retains sharp design details commands exponentially more than one with worn features. This grade sensitivity exceeds that of common Buffalo nickels, where moving up one or two grade levels might double the value. For the 1926-S, the same grade improvement can increase value by ten times or more. Complete Key Date Breakdown Beyond the legendary 1926-S, the Buffalo nickel series contains multiple dates that command significant premiums. The Big Four Semi-Keys (1924-D, 1924-S, 1925-D, 1925-S) These four dates represent another tier of Buffalo Nickel rarities, each produced during the series’ declining years when mint output dropped significantly. The 1924-S proves scarcest with only 1,437,000 pieces minted, followed by the 1925-D at 4,450,000, the 1924-D at 5,258,000, and the 1925-S at 6,256,000. While these mintages seem substantial compared to the 1926-S, survival rates remain low due to heavy West Coast and Mountain West circulation patterns that wore most specimens down to Good or Very Good condition. Denver mint examples from this period often show characteristic weak strikes, particularly in the bison’s shoulder and the Native American’s hair details. San Francisco pieces typically display better overall sharpness but can suffer from die polish lines in the fields. Collectors should examine the area below “FIVE CENTS” carefully, as genuine mint marks show proper depth and positioning that distinguish them from common Philadelphia issues or altered specimens. The 1935 Semi-Keys (1935-D and 1935-S) 1935-D Production and Characteristics The Denver Mint struck 12,092,000 Buffalo nickels in 1935, representing a significant drop from earlier 1930s production levels. Denver coins from this year show distinctive die polish lines in the fields and often display weak definition in the bison’s leg muscles due to the facility using older dies longer during this period. The “D” mint mark typically appears slightly smaller and less deeply impressed than on earlier Denver issues. 1935-S Production and Characteristics San Francisco produced 10,300,000 pieces in 1935, marking the final year of substantial West Coast Buffalo nickel production. These coins typically exhibit superior overall sharpness compared to Denver issues but suffer from characteristic die cracks that run from the rim through the Native American’s shoulder. The “S” mint mark on 1935 issues appears more deeply impressed than on most earlier San Francisco Buffalo nickels. Strike quality Both the Denver and San Francisco facilities struggled with die maintenance during 1935, producing coins with notably softer details than their Philadelphia counterparts. This weakness particularly affects the bison’s shoulder fur and the Native American’s hair braids, making well-struck examples especially desirable. Collectors seeking quality 1935 Buffalo nickel specimens should prioritize coins with sharp strikes and full design details over those showing typical mint weaknesses. The 1936-D: Overlooked Key Date Mintage reality While 24,814,000 pieces might seem like a large number, the 1936-D becomes genuinely scarce when compared to the Philadelphia Mint’s massive 119,001,420 production that same year. This nearly 5-to-1 ratio means the Denver issue represents less than 17% of total 1936 Buffalo nickel production, yet many collectors overlook this disparity when focusing on the more famous key dates. Grade availability Denver’s characteristic weak strikes during 1936 Buffalo nickel production resulted in coins with soft details from the moment they left the mint. Combined with heavy circulation in western states, finding 1936-D examples in Mint State grades proves exceptionally difficult, with most survivors grading Very Fine or lower. This scarcity in higher grades significantly impacts 1936 Buffalo nickel value, with well-preserved Denver specimens commanding premiums that reflect their true rarity. The 1937-D 3 Legged Buffalo Nickel Image: 1937-D Three-Legged Buffalo Nickel obverse and reverse showing the famous error where the buffalo’s front right leg is completely missing. Source: PCGS Error story During 1937 production at the Denver Mint, an overenthusiastic die polisher attempted to remove clash marks from a reverse die by grinding away metal from the surface. This excessive polishing accidentally removed the bison’s right front leg entirely, creating one of the most famous error coins in U.S. Mint history. The damaged die continued striking coins until mint officials discovered the problem, producing several thousand three-legged specimens before replacement. This error dramatically affects 1937 Buffalo nickel value, with three-legged examples commanding substantial premiums over normal strikes. Identification guide The genuine 3 legged Buffalo nickel shows complete absence of the bison’s right front leg, with the area appearing as smooth, uninterrupted ground. This differs dramatically from common die wear, which gradually weakens leg details but leaves partial outlines or shadow impressions. The missing leg creates an unnatural gap between the bison’s body and the ground line that cannot be mistaken for normal circulation wear. 1937-D Buffalo Nickel Value breakdown Even heavily worn three-legged buffalo examples command substantial premiums because the error remains clearly visible regardless of grade. The dramatic visual impact of the missing leg creates instant recognition among collectors, sustaining demand across all condition levels from damaged pieces to pristine mint state examples. This error variety represents the pinnacle of 1937 Buffalo Nickel collecting, with values far exceeding normal Denver strikes from the same year. Authentication tips Genuine specimens show specific die markers including a small raised dot below the bison’s belly and characteristic weakness in the “E” of “AMERICA.” The die polishing also created subtle texture differences in the field areas that counterfeiters struggle to replicate convincingly. Overdate Varieties (1918/7-D, 1914/3) Technical details During World War I, the U.S. Mint faced severe cost pressures and material shortages that made die conservation essential. Rather than scrapping 1917-dated dies at year’s end, the Denver Mint repunched them with “8” over the final “7” to create 1918 dies. Similarly, leftover 1913 dies received a “4” punched over the “3” for 1914 production. This wartime economy measure created these distinctive overdate varieties that showcase the mint’s resourcefulness during national crises. Visual identification The 1918/7-D shows clear remnants of the underlying “7” beneath the “8,” particularly visible as curved lines extending beyond the “8’s” lower loop. The 1914/3 displays portions of the “3’s” upper and lower curves protruding from behind the “4,” most evident under magnification at the date’s right side. Both overdates require careful examination, as the underlying numerals appear as subtle but definitive shadows. The 1916 Doubled Die Obverse Image: 1916 Buffalo Nickel doubled die obverse and reverse showing the dramatic doubling error in the date digits. Source: PCGS Doubling locations A doubled die error occurs when a coin die receives two slightly misaligned impressions during manufacturing, creating overlapping images on the finished coin. The 1916 Buffalo Nickel doubled die shows this defect most clearly in the date, where the final digits – “16” – appear twice: the original numbers plus a second set offset to the right. This creates a shadow or double-vision effect that makes the date appear blurred or duplicated when examined closely. Grading considerations Many 1916 doubled die examples circulated for years before collectors recognized the error, meaning most survivors show significant wear. The doubling remains visible even in lower grades, but mint state examples prove exceptionally valuable due to their rarity and the pristine visibility of the error. Market position This variety rivals the 1926-S for supremacy among Buffalo nickel rarities because it combines extreme scarcity with the appeal of a dramatic mint error. Error coins attract both specialists and general error coin collectors, expanding the potential buyer base and driving Buffalo nickel value into six-figure territory for high-grade examples. Modern Times: The 2005 Buffalo Nickel Comeback Nearly seventy years after the last Buffalo nickel rolled off mint presses, Fraser’s iconic design returned to American coinage. Westward Journey series The U.S. Mint revived Fraser’s bison design in 2005 as part of the Westward Journey nickel series commemorating the Lewis and Clark expedition bicentennial. This marked the first time since 1938 that the beloved buffalo appeared on circulating American coins, generating excitement among both collectors and the general public. Collectible potential While most of the 2005 Buffalo nickel coins remain common, certain varieties show premium potential including coins with strong strikes, full steps detail, and pristine surfaces. Special mint set examples and first-day-of-issue specimens attract collector interest beyond face value. Investment Perspective: The Buffalo Nickel in 2025 Buffalo nickels occupy a unique position in today’s collecting market, offering genuine rarity, often at accessible price points, within the broader spectrum of tangible asset investment options. Advantages Affordable entry Key dates like the 1924-S and 1925-D remain accessible to new collectors, with entry-level examples available at modest premiums. This affordability allows collectors to acquire genuine rarities without the substantial financial commitment required for many other classic American series. Following proven rare coin investing strategies helps collectors focus on quality specimens and undervalued opportunities within the Buffalo nickel market. Artistic appeal Fraser’s distinctive Native American and bison imagery attracts collectors beyond traditional numismatists, including Western art enthusiasts and history buffs who appreciate the coins’ cultural significance. Completion potential The series’ 25-year span makes complete date and mint mark sets achievable goals, unlike longer series that require decades to assemble. Considerations Date visibility The series’ inherent design weakness means many specimens suffer from partial or complete date loss, requiring careful authentication of readable examples. Grading costs Professional grading expenses must be weighed against potential Buffalo nickel value increases, particularly for mid-grade specimens. Understanding numismatic grading standards and certification processes helps collectors determine when third-party authentication justifies the expense. Conclusion Buffalo nickels transformed American coinage by replacing classical allegory with authentic American subjects: real Native American chiefs and actual wildlife from the frontier. Fraser’s artistic revolution created coins that captured a vanishing way of life, making them culturally significant beyond their numismatic value. This cultural importance drives sustained collector demand across all economic levels. While key dates like the 1926-S command astronomical prices, the series also offers affordable semi-keys and common dates that allow participation without major financial commitment. The 25-year production span creates a manageable collecting goal compared to series spanning decades. Understanding rarity factors, from mintage figures to survival rates to authentication markers, separates successful Buffalo nickel collectors from casual buyers. These coins reward knowledge and patience, offering both historical connection and potential appreciation for those who study the market carefully. Explore Blanchard’s current Buffalo nickel inventory to discover authenticated examples of these remarkable American coins, backed by decades of numismatic expertise and market knowledge. FAQs 1. How much is a Buffalo nickel worth? Buffalo nickel value depends entirely on date, mint mark, and condition. Common dates from the 1930s typically trade near face value in worn condition, while key dates like the 1926-S and error coins like the 1937-D 3 legged Buffalo nickel command substantial premiums regardless of grade. 2. How much is a 2005 Buffalo nickel worth? Most 2005 Buffalo Nickels remain common and trade at face value since they were produced in large quantities for circulation. However, exceptionally well-preserved examples or coins from special mint sets may carry modest collector premiums. 3. Where is the date on a Buffalo nickel? The date appears on the obverse of the coin, positioned on the Native American’s shoulder below the portrait. This raised placement made the date vulnerable to wear, causing many Buffalo Nickels to become completely dateless through normal circulation. 4. Where is the mint mark on a Buffalo nickel? The mint mark is located on the reverse, below the words “FIVE CENTS.” Look for a small “D” (Denver) or “S” (San Francisco) in this position. Coins without mint marks were produced at the Philadelphia Mint. The post 1926-S Buffalo Nickel: Complete Guide to Key Dates and Rarity Factors appeared first on Blanchard and Company.