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Tuesday, 6 October 2026

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Finance

The Japanese Yen is losing to its own import bill

USD/JPY sat near 159.50 through Monday inside a 75-pip range for a net gain of 10 pips, on the day the Dollar Index broke beneath its 200-day Exponential Moving Average (EMA) to its weakest level since June. Every other…

British Pound Sterling did not earn its three-month high

GBP/USD cleared 1.3550 on Monday for the first time in three months, printed the highest level of the window just above it and handed the entire advance back within hours for a net gain under 10 pips. Sterling did none …

GBP/JPY Price Forecast: Bulls reclaim 50-day SMA, eye 217.00

The GBP/JPY cross-pair is poised to finish Monday’s session with gains of over 0.14% as traders prepare for the beginning of Tuesday’s Asian session. The cross-pair has climbed above the 50-day Simple Moving Average (SM…

US Treasury yields surge as 30-year hits 2007 high

US Treasury yields advance on Monday during the North American session after reversing their course following the release of US Retail Sales data last week, which disappointed investors. Meanwhile, the lack of news from…

Memory Stocks Rally as Short Covering Adds Fuel to the AI Boom

The arithmetic behind Samsung Electronics' extraordinary 2026 run is simple enough: memory-chip demand for artificial intelligence has produced operating profits that would have seemed fanciful two years ago. The harder…