Live Updates

17 October 2025
A strong rally emerges for Bank of America (BAC) from its buying zone using Elliott Wave analysis

BAC rebounds from Blue Box support, enters bullish trend; targets 53.95–55.69 while holding 48.32 pivot.

17 October 2025
WTI US Oil remains stable near $58.30 amid geopolitical developments mitigating negative inventory figures

WTI Oil rebounds from lows despite bearish inventory data, supported by geopolitical tensions and global supply concerns.

17 October 2025
The Philadelphia Fed Manufacturing Survey for the US showed a reading of -12.8, underperforming expectations of 10

Gold surges near $4,300 amid global tensions; manufacturing dips; crypto mixed; S&P 500 signals uncertainty.

17 October 2025
Expectations were surpassed in Canada, with housing starts recorded at 279.2K year-on-year

Canada’s housing starts exceeded forecasts; gold surged, Bitcoin declined, while stock and currency markets showed volatility.

17 October 2025
Amid US Dollar weakness and positive UK GDP data, Pound Sterling climbs to approximately 1.3440

Pound strengthens on UK growth; Fed eyes rate cuts. US-China tensions persist amid economic uncertainties.

17 October 2025
Chancellor Reeves asserts existing taxes on the wealthy, ruling out a new wealth tax in November

UK Chancellor rules out wealth tax, focuses on inflation, trade-offs, and investment amid rising Pound Sterling.

17 October 2025
Position adjustment has prompted a downward correction in EUR/USD, according to Rabobank’s Jane Foley

EUR/USD declines to 1.16 as traders adjust positions; USD remains resilient amid global economic uncertainty.

17 October 2025
Following a weaker USD, the GBP/USD pair may rise towards 1.3500 from 1.3250-1.3245

GBP/USD rises on weaker USD, despite weak UK data; BoE cautious amid slowing inflation and economic growth.

17 October 2025
Trading at 1.1645, EUR/USD has increased for three days, with ECB and Fed discussions underway

EUR/USD rises for third day amid US-China tensions; Lagarde speech, trade summit eyed for direction.

17 October 2025
Below 99.00, the US Dollar Index faces challenges, despite minor support around 98.40

Trade tensions and Fed easing hopes keep US Dollar Index below 99.00, struggling near 10-day lows.

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