REDATOR Ben Graham Posted January 30 REDATOR Report Share Posted January 30 Log in to today's North American session Market wrap for January 30 The week is closing with extreme volatility. In a stunning reversal, President Trump nominated Kevin Warsh as the next Fed Chair today, contradicting his statement from just two days ago that the decision would wait until next week.This surprise hit fragile post-FOMC conditions and was amplified by brutal month-end flows. Metals were decimated in a cascading liquidation event – Silver collapsed from $115 to lows near $70, while Gold plunged below $5,000. zoom_out_map Metal Markets Daily Performance – Courtesy of Finviz If these moves are primarily month-end profit-taking, Monday could offer a rebound – The situation is quite blurry for now.However, if buyers don't step in immediately, this could quickly turn into a deeper liquidity shock so Monday will be ver. Adding to the anxiety, an intervention in Iran appears imminent. Watch the headlines closely over the weekend. Discover:The Fed Chair has been picked: Who is Kevin Warsh?US Stocks fall from Warsh's nomination – Month-End flows and US Index OutlookSilver down 30%! – Chaos in the Metals Market zoom_out_map Market Close Heatmap – Source: TradingView – January 30, 2026 Cross-Assets Daily Performance zoom_out_map Cross-Asset Daily Performance, January 30, 2026 – Source: TradingView A picture of today's performance for major currencies zoom_out_map Currency Performance, January 30, 2026 – Source: OANDA Labs The US Dollar is back!Watch the 97.00 level for the Dollar Index, any bounce above could infer further cascades relating to Kevin Warsh's appointment.Major Earnings in Monday's session zoom_out_map Earnings Calendar – January 28, 2026 – Source: Nasdaq.com A look at Economic data releasing throughout the Weekend and Monday zoom_out_map For all market-moving economic releases and events, see the MarketPulse Economic Calendar. Safe Trades, keep a close eye on the Middle East!Follow Elior on Twitter/X for Additional Market News, interactions and Insights @EliorManier Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only.If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use.Visit https://www.marketpulse.com/ to find out more about the beat of the global markets.© 2026 OANDA Business Information & Services Inc. Visitante_fa0e4ed4, Visitante_525c0e76 and Visitante_d11ffc05 3 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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