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ECB likely on hold; markets fully priced for no move.Headline inflation path could edge up; expectations ticked to 2.5%.Activity improving (PMI > 50); base case remains status quo at a 2% deposit rate.Baseline for Thursday: hold The European Central Bank will likely keep interest rates unchanged this Thursday and leave them at their current levels. The setup is favorable: inflation now appears closer to the 2% target than the ECB’s earlier assumptions suggested, and growth prospects are gradually improving. In such conditions, policymakers can feel comfortable with the deposit rate at 2%. Market pricing and messaging Markets do not expect a cut on Thursday. In a Bloomberg survey, all economists anticipate no change in policy settings, and Overnight Index Swaps likewise price in no move. Talk of further reductions later in the year is kept alive by a few more “dovish” voices on the Governing Council, and Reuters has reported that some internal discussions leave room to revisit cuts. In my view, however, the ECB will concentrate on stabilizing monetary conditions this year and will not make any major changes to policy parameters. OIS-implied market pricing of the future path of ECB interest rates. Source: Bloomberg. Inflation path and expectations It’s not out of the question that the ECB raises its inflation path. The current projection envisages a further slowdown in price dynamics, with a temporary trough at 1.4% in Q1 2026 and a return to 2% in early 2027. An upward revision could stem from forecasts of higher crude oil prices and a higher path for energy costs, which would feed directly into inflation. Household inflation expectations have also ticked up: the median rose to 2.5% (from 2.4% previously). At first glance that’s a small move, but economically it can matter. Remember that household expectations are a key transmission channel over the longer horizon, shaping wage, pricing, and consumption decisions even before actual inflation moves. That’s why central banks work hard to keep 3–5-year expectations firmly anchored near target. In this context, even a small shift in the median from 2.4% to 2.5% may be important—a directional signal that expectations are edging away from target, raising the risk of “de-anchoring.” Chart showing the ECB main refinancing rate, CPI inflation, and core CPI inflation (year over year). Source: Bloomberg. Activity is improving: PMI and trade backdrop Euro-area activity is picking up. The composite PMI has risen for three consecutive months, reaching 51.0—typically a sign of modest recovery over a 3–6-month horizon. The rebound is especially visible in manufacturing, where the subindex recently moved above 50 for the first time in three years. Cautious optimism may reflect better financing conditions, which at least partly offset U.S. trade barriers. The tariff agreement—while implying higher duties than before—reduces trade-policy uncertainty. President Christine Lagarde has emphasized that the tariff level is “close to the June assumptions.” PMI indicators for the euro-area economy. Source: Bloomberg. What to expect on Thursday We may see a slight upward revision to the GDP growth projection for Q3 and, by extension, for the full year, alongside a modest lift in the headline inflation path toward target. The core inflation projection will likely stay broadly unchanged and continue converging to 2%. This picture offers no compelling case for rapid easing or renewed tightening. The most coherent strategy is to maintain the status quo—watch the data—and run policy at a level the ECB is comfortable with, i.e., a 2% deposit rate. 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.

Stablecoin issuance is a lucrative business, and in 2025, Hyperliquid, a leading decentralized derivatives trading platform generating at least $400 billion in trading volume, is set to launch its platform-specific stablecoin. While Circle’s USDC holds a larger market share, powering popular trading pairs like HYPE USDC, Hyperliquid believes a native stablecoin could funnel profits to HYPE crypto holders. According to Coingecko, the total stablecoin market cap exceeds $290 billion. USDT leads, commanding nearly 50% of the market with over $169 billion in circulation, primarily on Tron and Ethereum. USDC, the second largest, has issued over $72 billion, with a major presence on Solana and Hyperliquid. (Source: Coingecko) Due to its ease of redemption back to USD, USDC is the go-to stablecoin, powering Hyperliquid’s community-driven liquidity provision, enabling the platform to process billions in monthly trading volume. Circle issues USDC in compliance with U.S. regulations, clarified further by the GENIUS Act, which outlines requirements for stablecoin issuers tracking the USD on major public chains. DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025 Hyperliquid Wants Its Stablecoin, Circle Has Other Plans Since Circle, Tether, and other top stablecoin issuers generate billions in profits, and some of these tokens fuel the Hyperliquid ecosystem, the perpetual exchange aims to redirect profits to HYPE holders. To achieve this, Hyperliquid plans to have a third-party issue for USDH. As of September 10, several bidders are competing, with Hyperliquid validators set to choose the winner by September 14. Interested parties include Paxos, the team behind BUSD; Ethena, which recently partnered with Binance for its USDe stablecoin; Sky, a major player in decentralized money markets; Agora; Native Markets; and others. On Polymarket, punters think Native Markets will issue USDH. (Source: Polymarket) Circle, which dominates USDC trading on Hyperliquid, is not interested in issuing USDH but instead plans to continue with USDC. USDC powers 95% of Hyperliquid’s trading pairs, enabling smooth trading of assets like PUMP and HYPE. In a post on X, Circle’s CEO, Jeremy Allaire, stated they will engage the “HYPE ecosystem in a big way” and “intend to be a major player and contributor to the ecosystem.” Agora, Paxos, Ethena, Sky, and Frax are all vying to issue USDH, offering to share reserve yields with the community to accelerate HYPE buybacks or fund community development. Circle, however, aims to integrate USDC natively into Hyperliquid’s layer-1, eliminating bridging costs from Arbitrum, while refusing to share profits. Any attempt to divert revenue to Hyperliquid will be consequential, directly harming CIRCL shareholders. DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Will Circle Fall? CIRCL Stock Already Selling Off As such, how Circle will navigate the stablecoin scene in Hyperliquid remains unclear, especially as validators prepare to vote for a USDH issuer willing to channel a big chunk of revenue back to HYPE holders. PriceHYPE824h7d30d1yAll time If traders immediately shift to USDH and buy HYPE8 ▲% in anticipation of gains, Circle’s profitability could shrink rapidly. This situation could worsen, as the U.S. Federal Reserve is likely to cut rates in September, reducing yields on Treasuries and bonds. Despite Circle’s liquidity, regulatory compliance, and market cap advantages, USDC’s dominance on Hyperliquid could diminish, impacting CIRCL stock. (Source: CIRCL, TradingView) As of September 10, CIRCL stock is down 60% from July highs, and with turbulence in Hyperliquid, the likelihood of CIRCL stock falling below $100 has increased. DISCOVER: 20+ Next Crypto to Explode in 2025 Hyperliquid USDH vs. Circle USDC: Will CIRCL Stock Crash? Hyperliquid is setting up for a native stablecoin, USDH Native Markets likely to be the next issuer Circle sticking to USDC Will CIRCL stock crash below $100? The post Will Hyperliquid USDH End Circle and USDC? CIRCL Stock Plummets appeared first on 99Bitcoins.

The Australian dollar continues to hover around the 0.66 level and close to three-week highs. In the European session, AUD/USD is trading at 0.6604, up 0.30% on the day. Inflation expectations expected to remain at 3.9% The Reserve Bank of Australia will be keeping a close eye on Thursday's consumer inflation expectations, which is expected to remain unchanged in September at 3.9%. Inflation expectations fell in August to 3.9% from 4.7%, the lowest level since March. With inflation largely under control, the Reserve Bank has continued its easing cycle, lowering rates in August to 3.6%, the lowest level since April 2023. At the meeting, the RBA signaled that it would continue to cut rates as the inflation was easing and the labor market had cooled. China's inflation points lower China continues to grapple with deflation. Consumer inflation in August declined 0.4% y/y, down from 0% in July and lower than the market estimate of -0.2%. Monthly, CPI was flat, down from 0.4% in July and below the market estimate of 0.1%. The Producer Price Index fell 2.9% y/y, following a 3.6% decline and in line with the market estimate. Deflation in China reflects decreased demand, which could spell trouble for Australia, as China is its largest trading partner. The Federal Reserve is widely expected to lower rates at next week's meeting, even though inflation is around 3%, above the Fed's target of 2%. The US releases August consumer inflation on Thursday, with headline CPI expected to rise to 2.9% from 2.7% and the core rate projected to remain unchanged at 3.1%. The inflation report is unlikely to change any minds at the Fed about a September cut, but could change market expectations about one further rate cut before the end of the year. AUD/USD Technical AUD/USD has pushed above resistance at 0.6590 and is testing 0.6610. Next, there is resistance at 0.66350.6570 and 0.6555 are the next support levels AUDUSD 1-Day Chart, September 9, 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.

GameStop is making big moves. The video game retailer reported a narrower loss for Q2, and it’s all thanks to a bold new Bitcoin strategy. While revenue still dipped a bit, the company’s holdings of 4710 $BTC gave its balance sheet a massive boost with a valuation of over half a billion dollars. This is a shift in how GameStop operates. Under Chairman Ryan Cohen, the company is reshaping its entire financial playbook. They’ve sold off international units and raised cash through a big bond sale. Now they’re joining a small yet growing club of publicly traded companies that have diversified into digital assets. GameStop announced a unique dividend in the form of warrants to reward investors and strengthen its position. For every 10 shares of GME stock, an investor will receive one warrant. Each warrant allows the holder to purchase one share of common stock for $32 at any time until the warrants expire on October 30, 2026. With the current price being around $23.59, the dividend is a discount coupon for long-term investors, offering a big incentive if the stock price rises to above $32. It’s a clever strategy to incentivize long-term holding. The market loves it too, as GameStop shares saw a nice little bump after the news broke. The strategy change is just the injection to bring GameStop into the modern world, just like Bitcoin Hyper ($HYPER) plans to do for $BTC by addressing its long-standing flaws. The Wild West of Crypto Stock The impact of corporate crypto holdings extends beyond established companies like GameStop. The market saw a dramatic example with QMMM Holdings, a Hong Kong-based media company. They announced a pivot to blockchain and AI, revealing a plan to build a $100M crypto treasury, and its stock went wild. Shares surged an unbelievable 2300% in one day. But as quickly as it rose, it came crashing back down, dropping nearly 50% in after-hours trading. This shows the high-risk, high-reward nature of these investments. While QMMM’s stock eventually settled, its volatility shows that a crypto announcement is less about a steady strategy and more about a speculative gamble for some companies. And if you like something that’s a bit more steadfast, you should check out Bitcoin Hyper ($HYPER), which is aiming to revolutionize $BTC. The Missing Link: Bitcoin’s Hyperdrive It’s safe to say the corporate world has finally woken up to $BTC, but if we’re being real, Bitcoin isn’t really built for speed. That’s where Bitcoin Hyper ($HYPER) comes in. It’s a revolutionary Layer-2 solution designed by developers to address $BTC’s biggest challenges: speed and a lack of smart contract functionality. Bitcoin is the main power grid, secure and reliable, but developers didn’t design it to power every appliance in the house. Bitcoin Hyper ($HYPER) is the smart power strip that plugs into the grid but allows you to run everything without overloading the main circuit. By leveraging the Solana Virtual Machine (SVM), $HYPER promises to bring blazing-fast transactions and dirt-cheap fees to the Bitcoin ecosystem. It’s unlocking new potential, enabling $BTC to be used for DeFi, NFTs, and dApps without the frustrating delays and high costs. $HYPER’s taking Bitcoin from a static store to a dynamic usable asset. Grab your $HYPER now for $0.012885. Not sure of the steps? We’ve got you covered with our ‘How to Buy Bitcoin Hyper ($HYPER)’ guide. Grab Your Ticket to the Future Beyond the core tech, holding the $HYPER token offers tangible benefits. The Layer-2 network will use it as the native currency for gas fees, giving it essential utility from day one. Also, if you’re an early supporter, you can take advantage of a dynamic staking program, earning impressive rewards (currently 75%) just by locking up your tokens. We see the potential in the project, and in our ‘Bitcoin Hyper Price Prediction’, we think it could reach $0.02595 by the end of 2025, which is a 101% ROI. Bitcoin Hyper has already raised over $14.8M in its presale, clearly showing investors see its potential. $HYPER has a buzzing community on X and Telegram with over 19K combined followers/subscribers. This will help maintain the hype, promote the positive, and see the project succeed. Beyond the Bitcoin Bet GameStop’s move is proof that things are changing and that companies see the value in digital money. From GameStop’s long-term play to the crazy ride for QMMM, it’s a world where a crypto announcement can send a stock to the moon. The new reality is a gold rush but also a minefield. The market is running on vibes and speculation, not just the usual financial numbers. This is where cool projects like Bitcoin Hyper ($HYPER) will stand out from the noise. But before you throw your money into an investment, don’t let the buzz blind you. Do your own research, and remember we don’t intend this as financial advice. Authored by Aaron Walker, NewsBTC — https://www.newsbtc.com/news/gamestop-revival-thanks-to-bitcoin-hyper-explodes/

The crypto market is flashing green today, and Solana crypto is front and center. With Bitcoin hovering around $112K and Ethereum getting steady above $4,300, Solana has reclaimed a massive $120 billion crypto market cap after a 20% jump in a month. Solana current rally is depegging from majors altcoins like ETH and is showing strong momentum, catapulting it 10% above $200, putting it just 20% below ATH. (source – SOL/USD, TradingView) People are now bullish on Solana likely due to its impressive revenue generation, which saw it generates $1.25 billion so far this 2025. This growth has solidified its standing as one of the top crypto performers no doubt. (source – SOL Revenue, Defillama) On the other hand, Neiro is also running on a recovery path, trading at $0.00036 today, 11% jump in the last 30 days. Other big atls like PUMP and Mantle are not far behind as charts showing reversals. PriceSOL24h7d30d1yAll time DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 Crypto Momentum Grows Around Solana, Mantle, and Meme Coins Neiro bounced back from its low of 0,00031, with people predicting to hit $0.000965, or just under 3X by end of the year as meme coin season returns. On the other hand, PUMP has captured trader interest after cutting supply by over 5% and launching Project Ascend to improve revenue sharing. Recent exchange listings and X chatter point to a 65% price gain and continued upside potential. (source – NEIRO/USD, Coinglass) Mantle saw an 11.7% crypto jump driven by new integrations, while Solana broke above $200 last month. Thanks to lightning-fast transactions (65,000 TPS) and minimal fees, Solana crypto is attracting creators and developers alike. DeFi activity is 100% surging, as shown by Solana’s TVL reaching an all-time high of $12.2 billion, leaving even the DeFi king, Ethereum, behind. (source – MNT, CoinGecko) With $4.5 billion token to be unlocked this month and CPI data coming, the market will likely swing sharply. Now, attention is flowing toward Ethereum and Solana as key crypto players in this bull cycle. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 1 hour ago Is CELO Token the Best New Crypto? CELO Ice Cream Hardfork Explained By Akiyama Felix It has been a tough 2025 for CELO crypto. In June 2025, CELO USD fell to an all-time low, sinking below $0.25 as sellers pressed on. The good news is that the CEO price has been steadily printing refreshing higher highs, a reason why CELO is the best new crypto to consider. Since the CELO/USDT plunge, the CELO price has gained nearly 30%. Celo traders expect even more price gains now that there are hints of strength from the daily chart. According to Coingecko, CELO crypto is down 30% year-to-date, and remains in the red in the last month of trading, shedding nearly 15%. However, in the past week of trading, CELO USD has been strengthening, rising nearly 4%. Still, it is a long way for CELO holders because the CELO price is down 97% from all-time highs last printed in August 2021. (Source: Coingecko) As CELO/USDT prints higher highs, reversing losses, momentum is building up. On Coinglass, traders appear to be positioning themselves for more gains. CELO futures flows are up by over $51,000 in the last eight hours, with steady net inflow in the last few hours of trading. As capital flows to the CELO futures market, speculators could drive the CELO price above key resistance levels, possibly triggering FOMO. (Source: Coinglass) DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now Read the original article here. 2 hours ago Somnia Crypto and OpenLedger Tumble: New Binance Listings to Bid Instead By Akiyama Felix Somnia (SOMI crypto) and OpenLedger (OPEN crypto), two of the best-performing tokens over the past few days, have tumbled overnight, leading many investors seeking the next big plays. Could these potential new Binance listings be the crypto to buy right now? Both SOMI and OPEN had their token generation event (TGE) this month: September 2 for Somnia and September 8 for OpenLedger. Both tokens were listed on Binance at launch, which added to their early bullish price action. (SOURCE) Read the full story here. The post Latest Crypto News Today, September 10: Neiro Looks Ready, PUMP, Mantle and Solana Crypto Running appeared first on 99Bitcoins.

Canada’s newest altcoin exchange-traded funds have raced to category leadership, with the Solana-focused SOLQ crossing C$300 million in assets under management (AUM) and the XRP-focused XRPQ topping C$150 million, according to a Tuesday announcement. The issuer said both funds now hold the largest AUM in their respective categories among Canadian peers, underscoring a sharp acceleration in institutional and retail demand for regulated exposure to Solana and XRP. Investor Demand Surges For 3iQ’s SOL And XRP ETFs SOLQ, a Toronto Stock Exchange–listed Solana staking ETF that debuted in April, benefited from marquee early allocations. The firm disclosed a lead investment from SkyBridge Capital and additional commitments from ARK Invest, which bought SOLQ through its ARKW and ARKF ETFs—moves it touted as the first US-listed ETFs to gain exposure to Solana and its staking rewards via a Canadian vehicle. Management fees on SOLQ remain waived until April 2026, the issuer added. XRPQ launched in June and, with a 0% management fee for its first six months, has quickly scaled to more than C$150 million AUM; the Toronto Stock Exchange’s new-issuer log shows the product coming to market on June 18, 2025. The issuer said Ripple participated as an early investor. “The momentum behind SOLQ and XRPQ demonstrates that Canadian investors and global leaders in the digital asset space are embracing secure, transparent, and regulated access to digital assets,” said Pascal St-Jean, the issuer’s president and CEO. “As the market leaders, these ETFs exemplify [our] commitment to meeting investor demand while setting a benchmark for innovation in the global market.” The rise of these funds comes amid a broader wave of Canadian altcoin ETF launches this year. Multiple issuers have introduced spot Solana products—some with staking features and introductory fee waivers—while the domestic XRP lineup has also expanded, creating a competitive field against which SOLQ and XRPQ now claim the AUM crown. Institutional signaling has been a secondary driver. ARK’s purchase framed SOLQ as a vehicle for capturing both SOL price performance and on-chain staking economics in a regulated wrapper. “Solana represents a high-performance blockchain infrastructure with significant potential for decentralized applications and finance,” ARK’s Cathie Wood said when confirming the investment earlier this year. Contextually, Canada remains a first mover on listed crypto exposures beyond bitcoin and ether. In the United States, investors only recently gained a Solana ETF with staking economics via the REX-Osprey SSK product, while several US spot XRP ETF filings await regulatory decisions later in 2025—developments that help explain the cross-border interest in Canadian listings in the interim. A SSK-style Dogecoin ETF by REX-Osprey is set to launch this Thursday. At press time, XRP traded at $2.955.

Overview: The US dollar is trading quietly today, ahead of the August PPI, though with a weaker bias against most of the G10 currencies. The yen and Canadian dollar are the laggards. Two news developments are among the talking points. First, a federal judge temporarily blocked President Trump's attempt to remove Federal Reserve Governor Cook. Barring a new ruling, she will vote at next week's FOMC meeting. Most likely, so will Miran, as he will likely be confirmed shortly. The Fed funds futures are discounting about a 1-in-8 chance of a 50 bp cut. It was around a 1-in-12 chance after the employment data before the weekend. Second, tensions are elevated after Poland shot down Russian drones that had entered its air space. Poland's stocks, bonds, and zloty have been sold in response. All of the central European currencies are weaker, as are most emerging market currencies. News that the US is encouraging Europe to levy 100% tariffs on India and China, and if they do the US would match it, is seen as a feint. The impact seems marginal at best. Asia Pacific equities have rallied, including India and China and both currencies have also edged up against the dollar. Europe's Stoxx 600 is firmer for the third consecutive session. US index futures are also a little higher after the S&P 500 and Nasdaq set record highs yesterday. Benchmark 10-year yields are mostly little changed today, and the 10-year Treasury yield is practically flat, a little above 4.08%. Gold recovered from yesterday's pullback but is holding below the record high set then near $3674. October WTI is firm near $63, but within yesterday's range. USD: The Dollar Index was sold to six-week lows yesterday near 97.25. It held above the low from late July (~97.10). DXY recovered to around 97.80 yesterday. It edged up to nearly 97.95 today, but is closer to 97.75 now. A move above the pre-weekend high (~98.25) would be important from a technical perspective. Yesterday's sharp downward revision to US job growth in the year ending in March will allow the market's attention to turn toward US price pressures. Today, is August PPI and tomorrow CPI. July PPI rose 0.9% and is expected to rise another 0.3% at the headline and core levels today. Still, due to the base effect, the year-over-year headline rate is seen steady at 3.3% and the core can slip to 3.5% from 3.7%. Tomorrow's headline CPI is expected to rise to 2.9% from 2.7%. If accurate, it would be the highest print since February. Also, below the surface, money market pressures are building. SOFRA is at its highest level since early July. Reverse repo usage is trending lower. Treasury auctions also drain reserves. September 15 is a corporate and personal tax date, which also drains liquidity. EURO: The euro reached $1.1780 yesterday, a new high since last July, in Asia Pacific turnover. The session low was recorded in North America after Europe closed near $1.1700. It slipped to a new low for the week today, slightly below $1.1685. It recovered in the European morning to almost $1.1720 where it looked to be stalling. With the upside momentum stalling, late longs may move to the sidelines. It approached support seen near $1.1675. A break of the pre-US jobs data low near $1.1650, where options for almost 825 mln euros expire today, would likely force out more longs. The ECB meets tomorrow and there is little chance of a change in policy. The staff will update its economic projections. French President Macron named the only person who has been a minister throughout his presidency, the current defense minister Lecornu. It is not yet clear if he will survive a vote of confidence. The French 10-year premium over Germany is a little wider. Remember Fitch is set to announce the results of its review of France's AA- credit rating that is on negative watch. CNY: China reported the August CPI fell back into deflationary levels (-0.4% year-over-year). It is the first negative print since May and the most since February's 0.7% decline. The main culprit seems to be food prices, which fell 4.3% year-over-year. Clothing prices rose 1.8%, and the prices of other goods and services jumped 8.6%, while transportation and communication prices fell 2.4%. Core prices, excluding food and energy rose by 0.8%, the most in 18 months. Deflation among producer prices diminished to -2.9% from -3.6%. It is the least factory-gate deflation since April. Some attribute the reduced deflation at the producer-level due to Beijing's campaign against over-investment (involution). Imagine if China were to reduce its investment as a percentage of GDP, the consumption component would rise. Through its lower dollar fix, the PBOC has encouraged the appreciation of the offshore yuan, which set a new high for the year yesterday (~CNH7.1135) before rebounding to almost CNH7.1250. It reached almost CNH7.1290 today where sellers emerged and set the dollar back to nearly CNH7.1135 before Europe entered the fray. It is consolidating mostly between CNH7.1170-CNH7.1200 in Europe. The dollar's reference rate was set at CNY7.1062 (CNY7.1008 yesterday). It is not clear what it means when Bloomberg's survey showed a range of estimates for the fix is well-off the market. Today's range of estimates was CNY7.1333-CNY7.1405. The fix has not been set in that range since August 20. JPY: Yesterday's the dollar spent little time above Monday's settlement (~JPY147.50) and was sold almost JPY146.30 in the European morning. The greenback recovered in North American almost back to session highs, above JPY147.40. It is trading in a narrow range around JPY147.25-JPY147.60 so far today. Speculation that the changes in the LDP, leading to a new Japanese prime minister, will not deter the BOJ from hiking rates should be kept in context. At the end of August, the swaps market had almost 17 bp of tightening discounted for the remainder of the year. The political machinations and uncertainty saw it fall to nearly 11 bp on Monday. It rebounded to 16 yesterday but is a little softer today. GBP: Sterling approached the $1.36-nemesis in Europe yesterday and spent the North American session trending lower toward $1.3520. Options for about GBP375 mln expired at $1.36 yesterday and another set for almost GBP610 mln expires there tomorrow. Separately, GBP390 mln options at $1.3475 expire today. The near-term path of least resistance seems lower. It eased to slightly below $1.3515 today but is chopping around $1.3520-45 in the European morning. There may be potential toward $1.3460-90. The data highlight of the week still lay ahead. On Friday, the UK reports July GDP and details. The median forecast is for unchanged after a 0.4% growth was seen in June. CAD: The greenback traded in a wide range last Friday after both the US and Canada reported disappointing August employment data. The US dollar has been confined to that range, roughly CAD1.3760 to CAD1.3855. Yesterday, it traded within Monday's range, which was about CAD1.3790-CAD1.3850. It briefly traded to almost CAD1.3865 today, its highest level since August 26. It is near the middle of today's narrow range (~CAD1.3840-65) in late European morning turnover. A firmer US dollar environment that we anticipate will not prevent the Canadian dollar from weakening further, but rather the Loonie tends to do better on the crosses when the greenback is bid. The market feels more comfortable with a Bank of Canada rate cut next week. Another cut is nearly fully discounted for Q1 26. The poor string of Canadian data has seen the swaps market adjust the terminal rate to near 2.25% from 2.50% previously. The overnight rate now is 2.75%. AUD: In price action vaguely reminiscent of the July 24, the Australian dollar pushed above $0.6600 yesterday and the momentum stalled and settled below $0.6590. On July 24, the intraday high of the year was recorded near $0.6625. Yesterday, perhaps with the help of option-related demand, the Aussie reached $0.6620 in Europe and fell to almost $0.6580 in North America. On July 24, it settled at $0.6590. The market has not given up on $0.6600. After retesting the $0.6580 area, it has recovered and is back above $0.6600 near midday in Europe. MXN: The US dollar approached last Friday's low yesterday, shortly before the North American session began. It reached about MXN18.5860 compared with the pre-weekend low closer to MXN18.5820. Apparently in response to the firmer than expected Mexican CPI, the dollar recovered to around MXN18.6550. It has been mostly confined to a MXN18.6075-MXN18.6520 range today. Both the headline and core CPI rose slightly more than the median forecast in Bloomberg's survey projected. It is important, though, to keep it in perspective. The headline pace increased from 3.51% to 3.57%. Core CPI was unchanged at 4.23%. It was the first increase in the headline rate since it peaked in May at 4.42%. This does not appear to stand in the way of a rate cut at Banxico’s meeting on September 25. Disclaimer

On Tuesday, the EUR/USD pair turned in favor of the U.S. dollar, falling short of the 1.1789 level by just 8 points. Subsequently, the pair declined to the 76.4% Fibonacci level – 1.1695. A rebound from this level would favor the euro and a resumption of growth toward the resistance zone of 1.1789–1.1802. A close below 1.1695 would favor the U.S. dollar and further decline toward the support zone of 1.1637–1.1645. The wave picture on the hourly chart remains simple and clear. The last completed upward wave broke the previous peak, while the last downward wave did not break the prior low. Thus, the trend is currently "bullish," though not very strong or confident. Recent labor market data and shifting Fed monetary policy prospects support only bullish traders. On Tuesday, there was little economic data globally. The annual Nonfarm Payrolls report failed to bring optimism to U.S. dollar buyers, but bears still managed to mount a mixed attack during the day. I do not consider the dollar's rise amid another weak U.S. labor report to be justified. However, the market may have its own view. Today, the U.S. Producer Price Index will be released, followed tomorrow by the Consumer Price Index. I cannot say that these two reports will determine the Fed's monetary policy decision next week, because they will not. For the Fed, the labor market, which has been weakening for four months, remains the top priority. Inflation temporarily takes a back seat. Still, it could worsen the dollar's position if the August PPI and CPI come in weaker than expected. Low inflation would suggest that Donald Trump and Scott Bessent's calls for Fed easing are justified. In my view, U.S. inflation will continue to rise, but now the pace matters. If inflation growth is weak or absent, the Fed will have more grounds for aggressive policy easing. On the 4-hour chart, the pair consolidated above the horizontal channel, allowing traders to expect further growth toward the 161.8% Fibonacci retracement level – 1.1854. No emerging divergences are observed on any indicator today. A rebound from 1.1854 would favor the U.S. dollar and a correction downward, while a close above 1.1854 would increase the chances of continued growth toward the next target at 1.2066. Commitments of Traders (COT) Report: Over the last reporting week, professional players closed 2,726 long positions and opened 751 short positions. The sentiment of the "Non-commercial" group remains "bullish" thanks to Donald Trump and is strengthening over time. The total number of long positions held by speculators now stands at 255,000, compared with 136,000 short positions. The gap is nearly twofold. Also note the large number of green cells in the table above, showing strong increases in euro positions. In most cases, interest in the euro continues to grow, while interest in the dollar declines. For 30 consecutive weeks, large traders have been reducing short positions and increasing longs. Donald Trump's policies remain the most significant factor for traders, as they can cause long-term, structural problems for the U.S. Despite the signing of several major trade agreements, some key economic indicators continue to decline. News calendar for the U.S. and EU: U.S. – Producer Price Index (12:30 UTC). On September 10, the economic calendar contains only one entry. The impact of the news background on market sentiment Wednesday may be limited. EUR/USD forecast and trading advice: Selling the pair may be considered today if the hourly close is below 1.1695, with a target at 1.1637–1.1645. Buying is possible on a rebound from 1.1695, with a target at 1.1789–1.1802. Fibonacci grids are built from 1.1789–1.1392 on the hourly chart and from 1.1214–1.0179 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

On the hourly chart, the GBP/USD pair on Tuesday rebounded from the 100.0% Fibonacci retracement level – 1.3587, turned in favor of the U.S. currency, and began a decline toward the 76.4% Fibonacci level – 1.3482. Today, the pair is stuck between two important levels, so the formation of new signals will depend on which direction the price moves during the day. The wave situation continues shifting toward "bullish." The last completed downward wave broke through two previous lows, while the new upward wave broke through the last two peaks. Thus, it can currently be considered that a new "bullish" trend is starting after more than two months of bearish dominance. That dominance turned out to be very weak, since the news background in most cases did not support the bears. On Tuesday, traders could trade under the influence of only one event – the annual Nonfarm Payrolls report. Few market participants expected this report to show a positive result. The number of jobs was revised down by -911,000 for the past year. However, traders did not seem too upset. The previous value had also been revised down by -818,000, which is a fairly normal occurrence. Recall that the U.S. Bureau of Labor Statistics almost always adjusts monthly reports in the following month or even two months later. Thus, the decline in the actual number of jobs created surprised no one. However, the U.S. dollar still strengthened during the day for unclear reasons. I do not think its growth was tied to the inflation reports due today and tomorrow. Most likely, we saw a typical corrective pullback, as the price had been rising for four consecutive days before Tuesday. In this case, the upward move could resume later this week. On the 4-hour chart, the pair turned in favor of the pound and consolidated above the 1.3378–1.3435 zone. Thus, the upward process may continue toward the next 127.2% Fibonacci retracement level – 1.3795. The chart pattern is currently mixed, with traders moving the pair in both directions. At the moment, I would recommend paying closer attention to the hourly chart. No emerging divergences are visible on any indicator. Commitments of Traders (COT) Report: The sentiment of the "Non-commercial" category of traders in the latest reporting week became slightly more "bearish." The number of long positions held by speculators increased by 61, while the number of short positions rose by 1,848. The gap between long and short positions now stands at roughly 76,000 versus 109,000. But as we can see, the pound remains inclined to rise, and traders continue buying. In my view, the pound still has room to fall. The news background for the dollar was terrible in the first six months of the year but is slowly beginning to improve. Trade tensions are easing, key deals are being signed, and the U.S. economy in Q2 will recover thanks to tariffs and various investments in the country. At the same time, the Fed's easing prospects for the second half of the year are already creating strong pressure on the dollar, with the U.S. labor market weakening and unemployment rising. Therefore, I still see no basis for a "dollar trend." News calendar for the U.S. and UK: U.S. – Producer Price Index (12:30 UTC). On September 10, the economic calendar contains only one entry. The impact of the news background on market sentiment on Wednesday may be limited. GBP/USD forecast and trading advice: Selling the pair was possible yesterday after the rebound from 1.3587 on the hourly chart with a target at 1.3482. I am not sure the decline will continue, so it is best to move the Stop Loss to breakeven. Buying is possible today on a rebound from 1.3482 or on a close above the 1.3611–1.3620 zone. Fibonacci grids are built from 1.3586–1.3139 on the hourly chart and from 1.3431–1.2104 on the 4-hour chart. The material has been provided by InstaForex Company - www.instaforex.com

Investors await key inflation figures on Wednesday and Thursday. S&P 500 +0.27%, Nasdaq +0.37%, Dow +0.43%. Nebius surged sharply after a $17.4 billion deal with Microsoft. UnitedHealth sees entry into the Medicare program list with the highest rating. Albemarle declined on concerns over reduced lithium supply. Markets gain ahead of key inflation dataOn Tuesday, the global MSCI equity index advanced, the dollar strengthened, and US Treasury yields moved higher. Investors are cautiously awaiting fresh inflation statistics against the backdrop of revised labor indicators in the US economy. US labor market proves weaker than expectedThe US Department of Labor reported that for the year ending in March, 911,000 fewer jobs were created in the economy than initially estimated. This confirms that employment growth had already slowed before Donald Trump's administration introduced harsh trade tariffs. Wall Street sets new recordsNew York stock indices closed higher. The S&P 500 gained 17.46 points, or 0.27%, reaching a record high of 6,512.61. The Dow Jones added 196.39 points, or 0.43%, finishing at 45,711.34. The Nasdaq posted a second consecutive record, climbing by 80.79 points, or 0.37%, to 21,879.49. Optimism in global marketsThe MSCI international index rose by 2.22 points, or 0.23%, to 961.10. The European STOXX 600 showed a modest increase of 0.06%. Emerging-market equities gained 12.06 points, or 0.94%, reaching 1,294.26. New prime minister in FranceFrench President Emmanuel Macron appointed Sebastien Lecornu as the new head of government. This marks the fifth prime minister in less than two years. The decision came after the opposition united to oust center-right Francois Bayrou, whose budget-cutting initiatives sparked widespread discontent. Political shifts around the worldInvestors closely followed not only developments in Paris. In Asia, headlines were dominated by the resignation of Japan's prime minister, in Latin America by the defeat of Argentine President Javier Milei's party in regional elections, and in Indonesia by the unexpected replacement of the finance minister. Argentine market under pressureAfter a sharp plunge of more than 13% on Monday, Argentina's Merval index extended losses with another 0.3% decline on Tuesday. Wall Street dynamicsUnitedHealth shares rose after the company said it expects a stable number of clients under leading Medicare programs. This increases the likelihood of higher government payments in favor of the insurer. JPMorgan Chase shares gained 1.7%. The rise was linked to management's forecast that investment banking revenues would grow by double digits in the third quarter, while trading profits would also show a noticeable increase. Technology sector weakensApple slipped by 1.5% after unveiling new iPhone models that failed to impress investors. Broadcom shares fell by 2.6% after a five-day rally that had significantly boosted the market capitalization of the world's second-largest chipmaker. Focus on inflation and ratesInvestors are preparing for a data-heavy week: the producer price inflation report is due Wednesday, followed by consumer price data on Thursday. These releases will help the market assess the consequences of Donald Trump's tariff policy and determine the likelihood of more decisive Fed action on rate cuts. Nebius surge and competitors' gainsNebius shares jumped by nearly 50% after the AI infrastructure developer signed a $17.4 billion contract with Microsoft. Rival CoreWeave also benefited, with its shares climbing by 7%. Family reshuffle in the Murdoch empireFox Corp Class B shares fell by 6.7%, while News Corp dropped by 4.5%. The reason was a family agreement: Rupert Murdoch and his children agreed to hand control of the media empire to his eldest son, Lachlan. Lithium market under pressureAlbemarle shares plunged by 11.5%. Investors expect Chinese CATL to resume production at its lithium mine, easing concerns over supply disruptions and putting pressure on the US producer's stock. Oracle surprises with earningsFollowing its quarterly report, Oracle shares surged by 12% in after-hours trading, sending a strong signal to the technology sector. Asia follows Wall Street higherOn Wednesday, Asian stock markets closed in positive territory, tracking gains in the US. At the same time, bonds, traditionally seen as a safe haven, lost value. Traders increased bets that weakness in the US labor market will push the Federal Reserve to cut the benchmark rate by at least a quarter point as early as next week. Regional leaders of rallyJapan's Nikkei rose by 0.8%. South Korea's KOSPI jumped by 1.7%. Taiwan's index gained 1.5%, setting a new all-time high. China and Hong Kong in greenHong Kong's Hang Seng index added 1.3%, while the mainland benchmark CSI300 climbed by 0.3%. Japanese bonds correct slightlyThe yield on Japanese government bonds of equivalent maturity rose by 0.5 basis points to 1.565%. This followed a minor correction after a successful five-year auction, which temporarily cooled the previous rally. Dollar eases slightlyThe US dollar index, which tracks the currency against a basket of six global counterparts, edged down to 97.707 on Thursday, erasing its recent small gains. Currency movesThe dollar was little changed against the euro at 1.1715 per euro. Against the Japanese yen, it slipped by 0.07% to 147.31. Awaiting BoJ decisionNext week promises to be eventful: on Friday, the Bank of Japan will release the outcome of its latest monetary policy meeting. Experts believe that the regulator will likely refrain from raising the key interest rate this time. Precious metals advanceGold rose by 0.5% to settle at $3,644 per ounce, after climbing to a record $3,673.95 the previous day. Oil prices gainBrent futures added 1.1% to $67.13 per barrel. US WTI contracts also gained 1.1%, reaching $63.34. The material has been provided by InstaForex Company - www.instaforex.com

Markets climb ahead of crucial inflation reportOn Tuesday, the MSCI global equity index edged higher, the US dollar strengthened, and Treasury yields moved upward as investors awaited key inflation figures. The cautious optimism followed a significant revision of US employment statistics. Labor market growth revised downwardThe US Department of Labor announced that for the 12 months ending in March, the economy generated 911 thousand fewer jobs than previously estimated. Analysts note that the slowdown in hiring began even before President Donald Trump introduced aggressive import tariffs. Wall Street sets new highsAll three major Wall Street benchmarks closed in positive territory. The S&P 500 added 17.46 points, or 0.27%, reaching a record close at 6512.61. The Dow Jones Industrial Average climbed 196.39 points, or 0.43%, finishing at 45,711.34. The Nasdaq Composite hit another all-time high for the second consecutive day, rising 80.79 points, or 0.37%, to 21,879.49. Global equities show resilienceThe MSCI all-country index advanced 2.22 points, or 0.23%, to 961.10. Europe's STOXX 600 inched up 0.06%, while emerging market stocks surged 12.06 points, or 0.94%, closing at 1294.26. Macron appoints new prime ministerFrench President Emmanuel Macron has named Sebastien Lecornu as the country's new prime minister, marking the fifth change of head of government in less than two years. The reshuffle came after opposition parties joined forces to oust centrist Francois Bayrou, whose unpopular austerity plans triggered widespread backlash. Political shifts across the globeMarkets also reacted to a series of developments abroad. In Japan, the prime minister stepped down; in Argentina, President Javier Milei's party suffered a defeat in local elections; and Indonesia abruptly replaced its finance minister. Argentina's market under pressureAfter plunging more than 13 percent on Monday, Argentina's Merval index slipped another 0.3 percent on Tuesday, extending its losses. Wall Street moversShares of UnitedHealth advanced after the insurer said it expects enrollment in top-rated Medicare programs to remain in line with projections, signaling potential increases in government reimbursements. JPMorgan Chase rose 1.7 percent as a senior executive forecasted that investment banking revenue would climb by several dozen percent in the third quarter, with trading revenue also posting significant gains. Tech sector retreatsApple dropped 1.5 percent after unveiling its new iPhones, which failed to excite investors. Broadcom declined 2.6 percent following five straight sessions of gains that had boosted the market value of the world's second-largest chipmaker. Inflation data takes center stageMarkets are bracing for a critical week of economic releases. Producer price inflation will be reported on Wednesday, followed by consumer price figures on Thursday. Together, these numbers will shed light on the impact of Donald Trump's tariff policies and the likelihood of a more aggressive path of interest rate cuts by the Federal Reserve. Nebius surges on Microsoft dealShares of Nebius soared nearly 50 percent after the artificial intelligence infrastructure company announced a 17.4 billion dollar agreement with Microsoft. Rival CoreWeave also benefited, gaining 7 percent. Murdoch family reshapes media empireFox Corp Class B stock tumbled 6.7 percent, while News Corp slipped 4.5 percent. The moves came after Rupert Murdoch and his children finalized an arrangement handing control of the media conglomerate to his eldest son, Lachlan Murdoch. Lithium giant under pressureAlbemarle shares sank 11.5 percent as investors anticipated the restart of lithium mining operations by China's CATL. The expected recovery in supply eased fears of shortages and dragged down the US producer's stock. Oracle shines after earningsIn after-hours trading, Oracle jumped 12 percent following the release of its quarterly report, delivering a strong boost to investor confidence in the tech sector. Asian markets echo Wall Street gainsAsian equities climbed on Wednesday, taking their cue from Wall Street's rally. At the same time, safe-haven bonds lost ground as traders grew more confident that signs of weakness in the US labor market will push the Federal Reserve to cut interest rates by at least a quarter point next week. Regional indexes on the riseJapan's Nikkei advanced 0.8 percent, while South Korea's KOSPI surged 1.7 percent. Taiwan's benchmark added 1.5 percent, hitting a fresh all-time high. Gains in China and Hong KongThe Hang Seng index in Hong Kong rose 1.3 percent, and mainland China's CSI300 edged up 0.3 percent. Japanese bond yields edge higherThe yield on Japanese government bonds moved up by 0.5 basis points to 1.565 percent. The increase came after a smooth five-year bond auction briefly interrupted the prior upward momentum. Dollar index eases lowerThe US dollar index, which tracks the currency against six major peers, slipped slightly to 97.707 on Thursday, erasing its modest recent gains. Currency movesThe dollar traded nearly unchanged at 1.1715 against the euro, while weakening 0.07 percent to 147.31 versus the Japanese yen. Bank of Japan meeting aheadLooking ahead, the Bank of Japan is set to announce its latest monetary policy decision next Friday. Market watchers widely expect the central bank to hold off on raising rates this time. Gold extends gainsGold prices rose 0.5 percent to 3644 dollars per ounce, after briefly hitting an unprecedented 3673.95 dollars a day earlier. Oil futures advanceBrent crude futures climbed 1.1 percent to 67.13 dollars a barrel, while US benchmark West Texas Intermediate also gained 1.1 percent, reaching 63.34 dollars. The material has been provided by InstaForex Company - www.instaforex.com

SOL Strategies, a leading Canadian firm with a Solana treasury and validator operations, has become the first Solana-centric enterprise to debut on the Nasdaq. The stock will be listed under the ticker ‘STKE’ as of September 9, 2025. Leah Wald and other crypto analysts posted sentiments on X, claiming that this move ‘validates the Solana ecosystem.’This is an exciting milestone for crypto investors, as it accomplishes two goals simultaneously. It not only bridges traditional finance with the decentralized Solana ecosystem but also offers institutional validation for Solana’s infrastructure. The Nasdaq listing could drive increased institutional inflows and higher total value locked (TVL) in Solana DeFi apps. Additionally, the institutional validation seen with SOL Strategies’ Nasdaq listing is highly favorable for SOL-based altcoins like Snorter Token ($SNORT), which has already collected $3.82M in presale. To learn more about about Snorter Token, read our comprehensive guide. Why Solana’s Nasdaq Breakthrough Could Be a Game-Changer? SOL Strategies holds 435,064 $SOL tokens, worth almost $95.4M as of September 2025, making it the third largest institutional holder of Solana worldwide. Its recent listing on Nasdaq is tangible proof that the company meets the highest standards in transparency, liquidity, and financial governance—a feature that attracts institutional investors. As a Nasdaq-listed company, SOL Strategies now has increased access to capital, opening the way toU.S. capital markets. Additionally, raising more funds helps the firm scale its staking and validator operations, which in turn will increase its Solana holdings. Overall, it’s great news for investors hungry for innovation and development in the Solana ecosystem. Not to mention, SOL Strategies has been following inMicroStrategy’s footsteps with Bitcoin, positioning itself as a launchpad for Solana adoption with this Nasdaq listing. Why Solana’s First Nasdaq Listing Could Be a Goldmine for Investors? According to CoinMarketCap, SOL prices have surged past $219 (the highest in 2025) since the news about SOL Strategies’ Nasdaq listing broke, driving investor optimism and attracting institutional money into the ecosystem. Riding the bullish trend, $SOL continues to maintain steady momentum, up 5.7% this week and nearly 20% over the last month. Solana’s market capitalization rose to approximately $119B, positioning $SOL as the sixth-largest cryptocurrency by market cap globally. Crypto analysis and expert sentiments remain optimistic, forecasting $SOL to trade above $220 through mid-September if the bullish trend continues. In turns, this can create positive momentum for Solana-based projects likeSnorter Token, driving more investors toward its $3.8M-strong presale. From STKE to Snorter Token: The Next Solana Project Set to Explode The $SOL momentum is shining a spotlight on one of the standout Solana-based projects – Snorter Token ($SNORT). Serving as the access key to a Telegram-based trading bot, Snorter Bot is your key to stress-free trading and early insights into low-cap altcoins that could 10x soon. You also get features like copy trading, automated sniping, honeypot detection, MEV protection, and the cheapest Solana bot fees (0.85%). Holding $SNORT could also give you a tangible edge in the dynamic meme-coin markets. Not only that, the presale price is $0.1039, with an expected 2025 oruce projected at around $1.02, meaning you could gain about 882% with early participation. Early investors could ride the bull and stack APY rewards (122% now) through staking. . The Snorter Token presale has already raised $3.8M, with a total supply capped at 500M tokens. Moreover, only 5% of the tokens are allocated for staking rewards, fueling scarcity and further price appreciation. The entry price of $0.1039 is selling out fast, with the next price increase happening in roughly 24 hours. With a time-sensitive pricing model, investors are racing to buy $SNORT at the bargain presale price before it shoots up. Our Snorter Token price prediction forecasts a 882% increase by the end of 2025. See why. Takeaway: Early $SNORT Investors Could Ride the Bull Fueled by Solana’s Wall Street Milestone The news of SOL Strategies’ Nasdaq listing gives significant institutional validation for the Solana ecosystem. The listing has increased mainstream investor confidence and allowed access to large-scale capital. For Solana-driven investors, this development signals increased liquidity, improved market credibility, and a stronger foundation for long-term growth in Solana blockchain and DeFi applications. Snorter Token ($SNORT) stands out as one such promising opportunity. With the token’s presale value significantly lower than the anticipated listing price, $SNORT offers you a chance to capitalize on the momentum. Don’t miss out on securing your spot on Solana’s next big success. Join the Snorter Token Presale before the mainstream catches on! This is not financial advice. Crypto is volatile—always do your own research (DYOR). Authored by Aaron Walker, NewsBTC – www.newsbtc.com/news/solana-nasdaq-listing-fuels-snorter-token-presale-3.82m-spike

Yesterday, reports emerged that a judge blocked President Donald Trump from removing Federal Reserve Chair Lisa Cook, allowing her to remain in office while she defends against the president's attempts to dismiss her over allegations of mortgage fraud. This court decision marked an important milestone in the fight to protect the Fed's independence and its ability to make decisions without political interference. Trump's attempts to oust Lisa Cook sparked serious concerns in financial circles and among economists, who warned of potential negative consequences for the U.S. economy. Removing the Fed Chair for political reasons could undermine confidence in the central bank and lead to instability in financial markets. The mortgage fraud allegations against Lisa Cook drew significant public attention and fueled political debate. However, after reviewing the evidence, the court concluded there were no sufficient grounds for her dismissal. The ruling prohibiting Cook's removal underscores the importance of upholding the rule of law and protecting officials from unfounded accusations. U.S. District Judge Jia Cobb in Washington granted Cook's request to continue in her role. This decision means that Cook will likely be able to take part in the much-anticipated Fed policy meeting on September 16–17 and cast her vote in favor of lowering interest rates. The judge found that the alleged mortgage misconduct was likely not grounds for dismissal under the Federal Reserve Act, and that the manner in which the president sought her removal likely violated her constitutional right to due process. "The best interpretation of the 'for cause' provision is that the grounds for removing a Board Governor are limited to issues relating to the governor's conduct in carrying out official duties and whether those duties are being performed faithfully and effectively," the judge wrote. Cook's lawyer, Abbe Lowell, said in a statement that Judge Cobb's decision recognizes and affirms the Fed's independence from political pressure. "If the president were allowed to unlawfully remove Governor Cook based on baseless and vague allegations, it would endanger the stability of our financial system and undermine the rule of law," Lowell said. A Fed spokesperson declined to comment. The institution did not take sides in the court proceedings and stated it would respect the court's decision. The Department of Justice said it does not comment on ongoing or future litigation, including matters that may involve investigations. The judge's ruling had no noticeable impact on the currency market, though the stock market reacted positively, continuing its sharp rise toward new all-time highs. Technical outlook for EUR/USD: Buyers must focus on breaking through 1.1730. Only this would open the way to test 1.1760. From there, the pair could reach 1.1813, though doing so without support from large players will be challenging. The furthest target is the 1.1866 high. If the instrument falls, I expect serious buying interest only around 1.1690. If there are no buyers there, it would be preferable to wait for a retest of 1.1665 or consider long positions from 1.1630. Technical outlook for GBP/USD: Buyers of the pound need to break through the nearest resistance at 1.3550. Only this would allow the pair to target 1.3590, above which further progress will be difficult. The furthest target lies around 1.3615. In case of a decline, bears will attempt to seize control at 1.3485. If successful, a breakout of this range would deal a serious blow to bulls and push GBP/USD down to the 1.3450 low, with the prospect of extending toward 1.3415. The material has been provided by InstaForex Company - www.instaforex.com

Yesterday, President Donald Trump told European officials that he was prepared to impose large-scale new tariffs on India and China to push President Vladimir Putin to the negotiating table with Ukraine—but only if EU countries did the same. According to media reports, Trump made this request when he invited senior U.S. and EU officials to a meeting in Washington. The U.S. is expected to introduce tariffs, but only on the condition that Europe imposes similar measures. This proposal posed a challenge, given that a number of countries, including Hungary, had previously blocked stricter EU sanctions targeting Russia's energy sector. Such measures would require the backing of all member states. Trump's proposal triggered a mixed reaction in European political circles. On the one hand, U.S. plans to impose tariffs added further pressure to Russia's energy sector. On the other, the strict condition of parallel EU action heightened internal divisions and cast doubt on the possibility of achieving consensus. The potential consequences of such tariffs could be significant. Russia's energy sector is a critical part of its economy, and reduced export revenues could negatively affect its financial stability. However, retaliatory measures by Russia against European countries could also inflict substantial damage on Europe's economy, particularly in the energy sphere. Thus, Trump's proposal created a complex political dilemma for the EU. European leaders had to weigh the economic and political interests of their countries and assess the possible consequences for relations with the U.S. and Russia. Other potential measures under discussion by U.S. and EU officials include further sanctions on Russia's shadow fleet of oil tankers, as well as restrictions on Russian banks, the financial sector, and major oil companies. Trump's proposal, first reported by the Financial Times, came after the deadline given to Putin to hold a bilateral meeting with Ukrainian President Volodymyr Zelensky expired, with no indication that the Russian leader—who met Trump in Alaska late last month—was genuinely interested in personal peace talks. Later on Tuesday, Trump posted on social media that the U.S. and India were continuing talks to remove trade barriers and expressed optimism about reaching a settlement. He also said he looked forward to speaking with Prime Minister Narendra Modi in the coming weeks. This type of news did not have a significant impact on currency markets, as the expected measures remain under discussion. However, the intraday trend of strengthening of the U.S. dollar against risk assets, which formed yesterday, may continue today. As for the current technical picture of EUR/USD, buyers now need to break above 1.1730. Only this will allow for a test of 1.1760. From there, the pair could move up toward 1.1813, though achieving this without support from major players will be quite difficult. The farthest target stands at the 1.1866 high. If the instrument declines, I expect significant action from large buyers only around 1.1690. If none appear, it would be better to wait for a retest of the 1.1665 low or consider opening long positions from 1.1630. As for the current technical picture of GBP/USD, buyers need to break the nearest resistance at 1.3550. Only this will allow for a move toward 1.3590, above which a breakout will be difficult. The farthest target lies at the 1.3615 level. If the pair falls, the bears will attempt to regain control at 1.3485. If successful, breaking this range will deal a serious blow to bullish positions and push GBP/USD down to the 1.3450 low, with prospects of reaching 1.3415. The material has been provided by InstaForex Company - www.instaforex.com

Recently, the price of gold has received substantial support based on two main factors. First, the anticipated reduction of interest rates by the Federal Reserve would weaken the US dollar. The second factor is the ongoing global tensions, which threaten to escalate into a major conflict. These factors could spark a renewed rise in the price of the "yellow" metal, pushing it first to the recent high of 3672.42, and then to a new all-time level at 3682.00. From a technical perspective, the pair is testing the resistance level at 3644.00; breaking above this level could provide grounds for further price growth. Technical picture and trading idea: The price is above the middle line of the Bollinger Bands, and above both the 5-period and 14-period SMA. The RSI is rising, having reversed from below the overbought zone. The Stochastic indicator is turning up above the oversold zone. Gold prices may rise to 3682.00 if the Fed decides to cut interest rates by 0.50%. The level of 3648.40 may serve as a buying entry point. The material has been provided by InstaForex Company - www.instaforex.com

The Bitcoin bull cycles have always been similar in the fact that each one has always ended with the Bitcoin price multiples higher than the previous high. While the digital asset has hit new all-time highs this cycle, it is far from being multiples of the previous all-time high, and has yet to hit the 2x mark. However, with a lot of similarities popping up between this cycle and what was seen in 2017, there is still the possibility that the Bitcoin price will run higher from here. Bitcoin Price Mirroring 2021 Cycle Moves Crypto analyst Merlijn The Trader took to X (formerly Twitter) to share some similarities that they noticed between the current Bitcoin price trend and what was recorded back in 2017. Putting both charts side by side, the crypto analyst pointed out the ways in which the two cycles have performed similarly. One of the first things is how the bear market ended, which is highlighted by the red box in the shared charts. After some choppy movement, the bear market would come to an end with an initial breakout. This was followed by a short retracement, leading to the next step in the trend. The next box, the blue box, is the level of accumulation. This is where Bitcoin investors had loaded up their bags in anticipation of an upward move. Naturally, the accumulation lasted for a number of months before it was complete, and the breakout occurred. The third box is the green box, and the crypto analyst explains that this is the level that “launched portfolios.” Back in 2017, after the green box, the Bitcoin price rose rapidly and more than doubled by the time the rally was done, and with the current trend sitting in the green box, it carries some hefty bullish implications for the Bitcoin price. How High Can BTC Go From Here? Seeing how the Bitcoin price is mirroring the 2017 trend so far, it is likely to continue to play out in a similar way. From the green box, the price doubling like it did would mean that Bitcoin would end up crossing the $200,000 mark from here. The crypto analyst’s chart points toward the $220,000 mark, with some dips along the way that are expected to be eaten up quickly. The timeframe also seems similar, and if the trend holds, then this could play out in the next 3 months, leading into the year 2026.

BTC ▲0.49% kicked off the day trading just above $112,000, with ETH ▲0.73% crossing $4,300. In addition to price action, news on the SEC has triggered discussion on privacy and how it will affect crypto. A change in regulatory tone is taking shape, and markets are now paying attention. BitcoinPriceMarket CapBTC$2.24T24h7d30d1yAll time There has been news on chatter around the SEC lately, especially with signs that crypto regulators potentially can ease up on privacy-related issues, something many in the space have been hoping for. With altcoins like SOL ▲1.23% rallying, the optimism seems to be spreading for altcoins season. (source – SOL/USD TradingView) DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025 What the News on SEC Really Means for Crypto The SEC recently announced a roundtable, set for October 17, to focus on privacy tools in the crypto space. Commissioner Hester Peirce is leading the discussion, which will cover things like financial surveillance and zero-knowledge proofs. This move signals a more open approach to crypto which is also big news for anyone watching SEC closely. (source – SEC) Some say this could clear the path for long-stalled ETF approvals. Even delays in cases like Bitwise’s Dogecoin fund are now seen as procedural rather than problematic. Others believe the policy shift could bring new capital into the DeFi space. Meanwhile, OpenAI’s chip development deal with Broadcom gave AI coins like Worldcoin a boost, which saw it jump WLD to more than 100%. But even with that tech buzz, it’s the regulatory updates that are doing most of the heavy lifting this week. (source – WLD, CoinGecko) All signs point to a market that’s gaining confidence. SEC crypto news may finally be creating the kind of clarity investors have waited years for. If that continues, don’t be surprised to see Bitcoin make a serious move toward $120,000. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates 41 minutes ago APT Set to Unlock $49M Tomorrow: Will Aptos Price Drop? By Akiyama Felix Aptos will unlock 11.31M tokens on September 12, 2025, worth $49M at today’s price of $4.40 per APT coin. This equals 0.96% of its total crypto supply. Will APT face a sharp sell-off, or will bulls step in to defend the price? Historical unlocks have been mixed so far, so tomorrow’s move could be a pivotal moment for traders and investors alike. AptosPriceMarket CapAPT$3.10B24h7d30d1yAll time DISCOVER: Best Meme Coin ICOs to Invest in 2025 Read the full story here. The post Latest Crypto News Today, September 10: SEC Crypto News on Privacy, OpenAI Boosts AI Coins appeared first on 99Bitcoins.

The dollar has stabilized ahead of the release of important US inflation data, starting today with the producer price inflation (PPI) report, and to be followed tomorrow by consumer inflation figures (CPI). How might these affect the dollar and the financial markets overall? Recall that the market already has well-founded expectations that the Federal Reserve will cut interest rates in response to the extremely challenging situation in the labor market. It is assumed that the key rate will be cut by 0.25% as a matter of course, but there remains a significant probability—currently at 8%—of a 0.50% cut. For the most part, a 0.25% cut is already priced into the value of US and other assets and is already reflected in the dollar's value on the Forex market. Investors are now turning their attention to the inflation data and the likely regulatory response. In this case, it's almost certain that if both the producer and consumer inflation reports match the consensus forecast, a 0.25% rate cut can be expected. At the same time, if the numbers come in lower, this could be grounds for a 0.50% cut. Of course, in both scenarios, the market will respond with increased demand for riskier assets and dollar selling. In particular, if the consumer inflation report unexpectedly shows—even a slight—decline, this will be a strong reason for deeper dollar selling amid strong demand for stocks, gold, and cryptocurrencies. Such a development could justify an immediate half-percentage-point rate cut, which the market would reflect by a more significant move. So far, in the morning session, US stock index futures are trading in the "green," except for the industrial DOW, which is slipping symbolically by 0.05%. So, the catalyst for global market changes could be today's producer inflation data, which, according to consensus forecasts, should show a decrease in both annual and monthly figures, to a core value from 3.7% to 3.5%, and for the overall monthly figure, from 0.9% to 0.3%. As for tomorrow's consumer inflation numbers, these are expected to show, on the contrary, an increase in both monthly and year-on-year values—from 0.2% to 0.3% and from 2.7% to 2.9%, respectively. In conclusion, I assess the overall market outlook as moderately positive for risk assets and negative for the dollar. Day's Forecast: USD/JPYThe pair continues to move sideways, awaiting the Fed's pivotal monetary policy decision, driven by US inflation data releases. Its decline is likely to prompt selling the pair, with a target drop to 146.30. A suitable level for selling is at 147.25. AUD/USDThe pair is in a short-term uptrend, awaiting the outcome of the Fed's monetary policy meeting against the backdrop of US inflation data. A breakout above 0.6625 could trigger strong growth toward 0.6715. A suitable buy level is 0.6630. The material has been provided by InstaForex Company - www.instaforex.com

Trend Analysis (Fig. 1). On Wednesday, the market may start moving upward from the 1.1707 level (yesterday's daily close) toward the target at 1.1742 – upper fractal (blue dotted line). Upon testing this level, the price may continue rising toward 1.1788 – upper fractal (yellow dotted line). Fig. 1 (daily chart). Comprehensive Analysis: Indicator analysis – upward;Fibonacci levels – upward;Volumes – upward;Candlestick analysis – downward;Trend analysis – upward;Bollinger Bands – upward;Weekly chart – upward.Overall conclusion: upward trend. Alternative scenario: from the 1.1707 level (yesterday's daily close), the price may start moving upward toward 1.1742 – upper fractal (blue dotted line). Upon testing this level, the price may pull back downward toward 1.1732 – retracement level of 85.4% (yellow dotted line). The material has been provided by InstaForex Company - www.instaforex.com

Asia Market Wrap - Asian Stocks Advance Most Read: US CPI Preview: Implications for the DXY & Federal Reserve Asian stock markets went up on Wednesday, following a similar trend on Wall Street. This happened because traders are becoming more confident that the US Federal Reserve will lower interest rates next week, as the US job market seems to be weakening. In Japan, the Nikkei stock average rose by 0.8%, while South Korea's KOSPI increased by 1.7%. Taiwan's stock market also did well, climbing 1.5% to reach a new all-time high. Hong Kong's Hang Seng index was up 1.3%, and mainland Chinese blue-chip stocks rose by 0.3%. The Bank of Japan is expected to announce its policy decision next Friday, and it is widely believed they will not raise interest rates yet. There have been conflicting reports, with one from Reuters suggesting the central bank might wait longer to tighten policy, while Bloomberg reported that a rate hike could still happen this year. Investors are also paying attention to political developments. They are watching to see who will become Japan's next prime minister after Shigeru Ishiba and are observing the political situation in France, which recently got its fifth prime minister in two years. China CPI Falls -0.4% Consumer prices in China dropped by 0.4% compared to the previous year. This was a bigger drop than expected and the fifth time this year that prices have gone down. It was also the sharpest decline since February. The main reason for this was a significant 4.3% decrease in food prices, the biggest drop in almost four years. Pork prices, in particular, fell sharply because there was plenty of supply, lower production costs, and weak consumer demand. On the other hand, prices for non-food items rose by 0.5%, which was a faster increase than in July. This was helped by government subsidies for consumer goods. Prices went up for housing, clothing, healthcare, and education. Transport costs also decreased, but not as much as they did in July. When you look at core inflation, which doesn't include food and energy, prices rose by 0.9%. This was the highest increase in 18 months. On a month-to-month basis, overall consumer prices stayed flat, which was also less than what experts had predicted. European Open - Zara Owner Inditex Rises 6% On Wednesday, European stocks went up, with retailers leading the way. This happened after Inditex, the big Spanish fashion company that owns Zara, released its second-quarter earnings. Inditex's shares climbed by 6% because the company reported that its sales were picking up before the fall season, even though its second-quarter sales weren't as strong as expected. The overall STOXX 600 index for Europe rose by 0.4%, staying close to its highest point in two weeks. Shares of Novo Nordisk also increased by nearly 2% after the Danish company, which makes the weight-loss drug Wegovy, announced a plan to restructure and cut about 11.5% of its employees. This move is expected to save the company around $1.26 billion each year as it faces tough competition in the weight-loss drug market. European technology stocks also had a good day. German software company SAP and Dutch company ASML both saw their shares rise by about 1% each. This was in response to Oracle's announcement that it expects to receive more than half a trillion dollars in future cloud orders. Oracle's shares listed in Frankfurt also shot up by 30%. On the FX front, The euro remained mostly unchanged, trading at $1.17115, after a 0.5% drop in the last session. The British pound was at $1.3534, and the Japanese yen was flat at 147.41 per dollar. The Australian dollar gained 0.3%, reaching $0.66065, and is close to the seven-week high it hit on Tuesday. The U.S. dollar index, which compares the dollar to six other major currencies, was stable at 97.834 after a 0.3% gain on Tuesday. So far in 2025, the index is down about 10% because of unpredictable U.S. trade policies and the expectation that interest rates will be cut, which has made the dollar less attractive to investors. For more on the Euro, read AUD/USD Technical: Further Aussie rally towards major resistance, supported by firmer China core inflation Currency Power Balance Source: OANDA Labs On Wednesday, oil prices increased due to two main events. First, Israel attacked Hamas leaders in Qatar. Second, US President Donald Trump urged European countries to place taxes on those who buy Russian oil. However, a generally weak outlook for the market prevented prices from rising even more. As a result, Brent crude oil futures went up by 61 cents, or 0.92%, to $67 per barrel. Similarly, U.S. West Texas Intermediate crude futures also rose by 61 cents, or 0.97%, to $63.24 per barrel. For more on Oil prices, read WTI Oil Rallies 1.8% as Russian Supply Concerns Outweigh Modest OPEC + Output Hike On Wednesday, the price of gold went up, staying above $3,600 per ounce. This increase was driven by the belief that the US Federal Reserve will cut interest rates later this month. Investors are also waiting for important inflation reports that are scheduled to be released this week. Spot gold rose by 0.5% to $3,644.54 per ounce, after reaching a record high of $3,673.95 on Tuesday. Meanwhile, US gold futures for December delivery remained unchanged at $3,683. Economic Data Releases and Final Thoughts Looking at the economic calendar, the European session will be quiet with a speech by SNB Chairman Schlegel before attention turns to US PPI data. US PPI data will definitely be interesting following last month's uptick. This comes a day after the -991k jobs revision announced yesterday. Market concerns around inflation remain in play even if the labor market is the main focus. Signs that producer prices are rising may stoke growth and demand fears which should now firmly be in the mind of market participants. Markets will also wait on more news around the Fed and the back and forth between the Trump administration and Fed policymaker Lisa Cook. A federal judge on Tuesday made a temporary decision to stop President Donald Trump from firing Federal Reserve Governor Lisa Cook. This is an initial defeat for the White House in a legal dispute that could challenge the Federal Reserve's long-standing independence. U.S. District Judge Jia Cobb's preliminary ruling stated that the Trump administration's accusations that Cook committed mortgage fraud before she was in office were probably not a strong enough reason to remove her from her position. For all market-moving economic releases and events, see the MarketPulse Economic Calendar. (click to enlarge) Chart of the Day - DAX Index From a technical standpoint, the DAX is eyeing a break of the 100-day MA which could facilitate a return to the psychological 24000 handle. The period-14 RSI is approaching the 50 neutral level with a break above seen as a sign that momentum is shifting to bullish. The index has been struggling to gain acceptance above the 100-day MA over the last 5 days. Will today be the day? DAX Daily Chart, September 10. 2025 Source: TradingView.com (click to enlarge) 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.

Gold prices rose again today and are near their historic highs, as traders prepare to assess US data that could confirm the need for a Federal Reserve rate cut. Gold prices exceeded $3,643 per ounce after peaking above $3,674 on Tuesday, when a preliminary data revision showed that the number of employed workers is likely to be revised downward by a record 911,000. The Fed will set monetary policy next week after the publication of US producer and consumer inflation data on Wednesday and Thursday, which will also influence its decision. Weak economic indicators in recent months—particularly slowing GDP growth and a decline in employment gains—have increased expectations that the Fed will be forced to ease monetary policy. Lower interest rates are traditionally favorable for gold since they make dollar assets less attractive and reduce the opportunity cost of holding the non-interest-bearing metal. However, despite growing expectations for policy easing, some analysts urge caution. Inflation, though slowing, remains above the Fed's target, and premature rate cuts could lead to renewed acceleration. Thus, the Fed's decisions will depend on a comprehensive assessment of the macroeconomic situation and, in particular, on the inflation data to be published in the coming days. The influence of geopolitical tensions also cannot be underestimated. Yesterday, President Donald Trump told European officials that he is ready to impose new tariffs against India and China to pressure President Vladimir Putin to the negotiating table with Ukraine—but only if EU countries follow his example. Additionally, on Tuesday, Israel carried out an unprecedented military strike against senior Hamas leaders in Doha. This year, gold bullion prices have increased by nearly 40% thanks to central bank purchases, geopolitical uncertainty, and concerns over the impact of US tariff policy on the global economy. Inflows into gold-backed ETFs have provided additional support, and many banks, including Goldman Sachs Group Inc., predict further price increases amid expectations of a Fed rate cut. In recent days, several central banks have signaled ongoing interest in gold bullion, indicating continued public sector buying. This week, Czech authorities stated that reserve volumes reached record highs following data from the People's Bank of China showing growth. The Reserve Bank of India has also increased its purchases. As for the current technical setup for gold, buyers need to overcome the nearest resistance at $3,658. This will allow a move toward $3,682, above which breaking through will be quite difficult. The most distant target will be the area of $3,720. In the event of a decline, bears will try to take control of $3,600. If they succeed, a break of this range will deal a serious blow to the bulls' positions and push gold down to a low of $3,562 with the prospect of reaching $3,526. The material has been provided by InstaForex Company - www.instaforex.com

Bitcoin yesterday once again climbed to the $113,200 level but quickly slipped back, indicating a lack of active buyers above this range. Apparently, many are hesitant to push higher and are taking a wait-and-see approach. This is also confirmed by Santiment data, which notes that sentiment among crypto traders has deteriorated significantly. The crowd is now expecting BTC to fall below $100,000, and ETH below $3,500. Such a shift in sentiment, however, is nothing unusual for the volatile world of cryptocurrencies. After a period of strong growth and optimism, correction and pessimism are usually inevitable. It's a kind of pendulum swinging between hope and fear, causing investors to act impulsively and often irrationally. But it is precisely at such moments—when most are panicking and predicting an imminent crash—that opportunities arise for more disciplined and calculated players. The ability to stay calm, analyze long-term prospects, and not follow the crowd's mood—that's what sets successful investors apart from those who lose their savings during periods of short-term fluctuations. Santiment experts describe current market sentiment as "FUD" and remind us that this is historically bullish. Indeed, a state of general Fear, Uncertainty, and Doubt (FUD) often signals the coming of a trend reversal and provides a unique opportunity to enter the market at attractive prices. When most traders are panicking and rushing to get rid of assets, it creates an ideal environment for consolidation and subsequent growth. It's a kind of "spring cleaning" in the market, sweeping out the weak hands while the strong accumulate positions. However, it's important to understand that not every FUD period ends with an immediate price surge. Sometimes it takes time for emotions to settle and the market to absorb the negative news. Still, historical data shows that a cautious and measured approach to investing during FUD phases can yield tangible results. The key is not to panic with everyone else, but to look at the situation with a clear head and remember that after every storm, calm inevitably follows. As for my intraday strategy in the crypto market, I will continue to buy any major dips in Bitcoin and Ether, expecting the medium-term bull market—which hasn't gone anywhere—to continue. For short-term trades, my strategy and conditions are described below. BitcoinBuy ScenarioScenario #1: I will buy Bitcoin today upon reaching an entry point around $111,800, aiming for a rise to $113,000. Around $113,000, I will exit buy positions and sell immediately on the pullback. Before buying a breakout, ensure the 50-day moving average is below the current price and that the Awesome Oscillator is in positive territory. Scenario #2: You can also buy Bitcoin from the lower boundary at $111,200 if there is no market reaction to its breakdown, aiming for a reversal to $111,800 and $113,000. Sell ScenarioScenario #1: I will sell Bitcoin today upon reaching an entry point around $111,200, aiming for a fall to $110,300. Around $110,300, I will exit sell positions and immediately buy on the rebound. Before selling a breakout, make sure the 50-day moving average is above the current price and that the Awesome Oscillator is in negative territory. Scenario #2: You can also sell Bitcoin from the upper boundary at $111,800 if there is no market reaction to its breakdown, aiming for a reversal to $111,200 and $110,300. EthereumBuy ScenarioScenario #1: I will buy Ether today upon reaching an entry point at $4,320, aiming for growth to $4,370. Around $4,370, I will exit buys and sell immediately on the pullback. Before buying a breakout, make sure the 50-day moving average is below the current price and that the Awesome Oscillator is in positive territory. Scenario #2: You can also buy Ether from the lower boundary at $4,285 if there is no market reaction to its breakdown, aiming for a reversal to $4,320 and $4,370. Sell ScenarioScenario #1: I will sell Ether today upon reaching an entry point at $4,285, aiming for a fall to $4,237. Around $4,237, I will exit sell positions and immediately buy on the rebound. Before selling a breakout, make sure the 50-day moving average is above the current price and that the Awesome Oscillator is in negative territory. Scenario #2: You can also sell Ether from the upper boundary at $4,320 if there is no market reaction to its breakdown, aiming for a reversal to $4,285 and $4,237. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the Japanese YenThe price test at 146.74 occurred when the MACD indicator was starting to move upward from the zero mark, which confirmed the correct entry point for buying the dollar and resulted in growth toward the target level of 147.48. Despite the lack of reports and strong demand for the yen in the first half of the day, things changed very quickly. Some market participants revised their expectations regarding the Fed's next steps and began to take profits. Today's driver for the pair will be the US price growth figures, though this data is scheduled for the second half of the day. For this reason, during the European session, nothing significant is likely to happen, and it is better to trade within a small range. Only sharp and unexpected statements from Japanese politicians could change the current market dynamics. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: Today, I plan to buy USD/JPY if the entry point around 147.59 (green line on the chart) is reached, aiming for growth to 148.29 (thicker green line on the chart). Around 148.29, I plan to exit the longs and open shorts in the opposite direction (expecting a move of 30–35 pips in the opposite direction). It's best to resume buying on corrections and significant pullbacks in USD/JPY. Important! Before buying, ensure the MACD indicator is above the zero mark and beginning to rise. Scenario #2: I also plan to buy USD/JPY today if there are two consecutive tests of the price at 147.23 when the MACD is in the oversold region. This will limit the pair's downward potential and lead to an upward reversal. You can expect growth to the opposite levels of 147.59 and 148.29. Sell ScenarioScenario #1: I plan to sell USD/JPY today only after the 147.23 level (red line on the chart) is broken, which will lead to a rapid decline in the pair. The key target for sellers is 146.45, where I plan to exit shorts and immediately open longs in the opposite direction (expecting a move of 20–25 pips in the opposite direction). It's best to sell as high as possible. Important! Before selling, ensure the MACD indicator is below the zero mark and is just starting to move down from it. Scenario #2: I also plan to sell USD/JPY today if there are two consecutive tests of the price at 147.59 when the MACD indicator is in the overbought area. This will limit the pair's upward potential and lead to a reversal downward. A decline can be expected toward the opposite levels of 147.23 and 146.45. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the British PoundThe price test at 1.3573 occurred when the MACD indicator was starting to move downward from the zero line, which confirmed the correct entry point for selling the pound and resulted in a drop toward the target level of 1.3533. The pound declined against the dollar after buyers failed to hold the weekly high. This cautious approach, typical in the market ahead of the release of key economic data, is due not only to the desire to avoid unjustified risks but also to an understanding of the potential impact of this data on the future dynamics of the currency pair. US economic data—whether inflation, employment, or industrial production—can fundamentally shift the balance of power, triggering a sharp reassessment of US economic prospects and, consequently, the dollar's exchange rate. Unfortunately, once again, there is no UK data today, which could put even more pressure on the GBP/USD pair. In the absence of domestic drivers, the British currency becomes particularly sensitive to external factors—be it a strengthening dollar due to good news from the US or general nervousness in global markets. Investors, deprived of the opportunity to assess the state of the British economy based on fresh data, tend to be cautious and take profits, which certainly does not favor the pound's growth. However, it should not be forgotten that even in the absence of data, the market situation remains dynamic and unpredictable. Political statements, unexpected news from other countries, or even just technical factors can introduce their own adjustments to trading. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: Today, I plan to buy the pound if the entry point around 1.3545 (green line on the chart) is reached, targeting a rise to 1.3584 (thicker green line on the chart). Around 1.3584, I plan to exit the longs and open shorts in the opposite direction (looking for a move of 30–35 pips in the opposite direction from the level). A strong rally in the pound is unlikely today. Important! Before buying, ensure the MACD indicator is above the zero line and beginning to move upward. Scenario #2: I also plan to buy the pound today in the case of two consecutive tests of 1.3527 when the MACD indicator is in the oversold zone. This will limit the pair's downward potential and lead to an upward reversal. Growth to the opposite levels of 1.3545 and 1.3584 can be expected. Sell ScenarioScenario #1: Today, I plan to sell the pound after breaking through 1.3527 (red line on the chart), which will lead to a rapid decline in the pair. The key target for sellers will be 1.3495, where I plan to exit shorts and immediately open longs in the opposite direction (looking for a move of 20–25 pips in the opposite direction from the level). Sellers of the pound could assert themselves at any moment today. Important! Before selling, ensure the MACD indicator is below the zero line and is just starting to move down from it. Scenario #2: I also plan to sell the pound today in the case of two consecutive tests of the price at 1.3545 when the MACD indicator is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. A decline can be expected toward the opposite levels of 1.3527 and 1.3495. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com

Trade Review and Advice on Trading the EuroThe price test at 1.1752 occurred when the MACD indicator had already moved significantly down from the zero mark, which, in my opinion, limited the downward potential of the pair. For this reason, I did not sell the euro. Despite the absence of key economic data from the United States, the dollar was able to partially recover its previously lost ground. This indicates that market participants chose to take a cautious stance, refraining from active trading. Nevertheless, such restraint may be misleading. Market conditions are still shaped by several factors that could put considerable pressure on the US currency in the future. Foremost among these are the ongoing debates about the future course of Federal Reserve monetary policy. This uncertainty fosters speculation and makes the dollar weaker. In addition, geopolitical instability and slowing global economic growth negatively affect investor sentiment, pushing them into safer assets. Today brings data on Italian industrial production. These figures are unlikely to set the direction for EUR/USD, but they are what we have. Given the low economic activity in the eurozone, any positive signal from Italian industry will support the euro and strengthen its position against the US dollar. However, it is essential to consider potential risks. Disappointing results, on the other hand, will fuel concern, reduce investor confidence in the euro, and lead to its depreciation. Markets react quickly to any signs of instability and are ready to put pressure on the euro at the slightest deterioration in Italy's economic situation. It should be understood that a simple increase in production volumes does not always signal a sustainable recovery. It is important to consider the structure of industrial production, export order dynamics, and overall economic circumstances. Only a comprehensive analysis will reveal whether Italy's industry is truly overcoming the crisis or if this is just a temporary phenomenon. As for the intraday strategy, I will focus more on implementing scenarios #1 and #2. Buy ScenarioScenario #1: You can buy the euro today if the price reaches the area of 1.1721 (green line on the chart), targeting growth to 1.1766. At the 1.1766 point, I plan to exit the market and also sell the euro in the opposite direction, aiming for a 30-35 pip move from the entry. Rely on euro growth only after strong data. Important! Before buying, ensure the MACD indicator is above the zero mark and beginning to rise. Scenario #2: I also plan to buy the euro today if there are two consecutive tests of the 1.1702 price when the MACD indicator is in the oversold zone. This limits the pair's downward potential and leads to an upward reversal. Growth is expected toward the opposite levels of 1.1721 and 1.1766. Sell ScenarioScenario #1: I plan to sell the euro after the 1.1702 level (red line on the chart) is reached. The target is 1.1664, where I plan to exit the market and buy immediately in the opposite direction (aiming for a move of 20–25 pips in the opposite direction from this level). Selling pressure on the pair will return if the data is weak. Important! Before selling, ensure the MACD indicator is below the zero mark and is just starting to drop from it. Scenario #2: I also plan to sell the euro today in the case of two consecutive tests of the price at 1.1721 when the MACD indicator is in the overbought zone. This will limit the pair's upward potential and lead to a reversal downward. Expect a decline to the opposite levels of 1.1702 and 1.1664. What's on the Chart:Thin green line – entry price at which the instrument can be bought. Thick green line – suggested price for taking profit or manually securing profits, as further growth above this level is unlikely. Thin red line – entry price at which the instrument can be sold. Thick red line – suggested price for taking profit or manually securing profits, as further decline below this level is unlikely. MACD indicator: When entering the market, it is important to refer to overbought and oversold areas. Important. Beginner forex traders should exercise extreme caution when making entry decisions. Before important fundamental reports, it is best to stay out of the market to avoid sharp price swings. If you decide to trade during the release of news, always use stop-loss orders to minimize losses. Without stop-losses, you can quickly lose your entire deposit, especially if you don't use money management and trade large volumes. And remember: for successful trading, you need a clear trading plan, as I described above. Making spontaneous trading decisions based on the current market situation from moment to moment is a losing strategy for an intraday trader. The material has been provided by InstaForex Company - www.instaforex.com