LegendSince

14:10

LegendSince Updated 

Weekly Targets: DXY: 98.138 - 98.261 GBPUSD: 1.34148 - 1.33606 EURUSD: 1.14463

10:31

LegendSince Updated 

Weekly Targets: US10Y: 4.445% - 4.477% T-Bond: 112.18 - 112.12 - 111.25

10:16

LegendSince

Weekly Targets: ES: 6,246.25 NQ: 22,781.25 YM: 44,428

12:55

LegendSince Updated 

Key Price Zones (DXY): 97.422 - 97.685 🟦 DXY (Dollar Index): On paper, USD had a strong week: 🔹 Durable Goods smashed expectations (+8.6% vs 0.5%) 🔹 PMIs, GDP Price Index, and Jobless Claims came in solid But the market ignored it: 🔻 Consumer Confidence disappointed (93.0 vs 99.4) 🏠 New Home Sales missed 🕊️ Fed Chair Powell stayed soft — no aggressive...

11:22

LegendSince Updated 

Weekly Target: 4.432% - 4.412% - Yield drifted down to ~4.23% despite strong data. - Market still pricing in rate cuts later this year. - Divergence: Durable Goods, GDP, and PMI were solid — but yields faded → risk-on demand + safe haven unwind.

11:20

LegendSince

📈 S&P 500, Nasdaq & Dow Jones – All-Time Highs, But Caution Creeping In 🟩 S&P 500 | Nasdaq | Dow Jones All three indices hit new all-time highs to close out June. Powered by: 🔋 AI optimism 💰 Solid earnings 🕊️ Dovish Fed tone and falling bond yields SPX continued its breakout run Nasdaq surged as big tech led the charge Dow followed with slower but...

19:31

LegendSince

S&P 500 / ESU2025 Key drivers: Rebounding from April’s tariff-induced lows, boosted by optimism around U.S.–China trade, easing geopolitical tensions, and Fed rate‑cut expectations Market breadth strengthened as sectors beyond mega-cap tech—especially financials and industrials—joined the rally Nasdaq / NQU2025 Catalysts: Continued leadership from...

16:12

LegendSince

Dollar Index: Dollar Index declined further, hovering near 97.0–96.9 — its weakest level since February 2022. Key Driver: Markets digested a slightly hotter US core PCE inflation report (+2.3% YoY for May), paired with weak personal spending, reinforcing expectations that the Federal Reserve might pivot to rate cuts later this year. GBPUSD: The pound...

13:15

LegendSince

US 10‑Year Treasury Yield (US10Y) The 10‑year yield ended last Friday (June 27, 2025) at 4.27% After peaking above 4.46% mid‑week, yields eased late‑week as markets increasingly priced in potential Fed rate cuts—a 25 bp move in July was seen at 22.7% probability, up from ~14% This dovish shift, alongside a softer May PCE print, supported a lull in yield...

07:39

LegendSince

Coinbase’s acquisition of crypto options giant Deribit for $2.9 billion signals a bold move to dominate derivatives markets. Despite mixed investor reactions, the deal positions Coinbase as a key player in institutional crypto trading.

06:23

LegendSince

Gold prices soared 2.61% to $3,325.39 as investors flocked to safe havens ahead of the Fed’s rate decision and Trump’s 100% tariffs on foreign films, igniting fears of a global trade war escalation

08:02

LegendSince

EUR/USD stabilised near 1.1275 amid mixed signals: the ECB’s rate-cut bets (driven by Eurozone inflation at 2.2%)* vs. the Fed’s "higher-for-longer" stance. Traders await U.S. jobless claims and German industrial data to break the stalemate.

09:55

LegendSince

The BoE cut rates by 25 bps to 4.25% with a rare split vote (7-2), while the Fed held rates steady at 4.50%, amplifying policy divergence. GBP/USD fluctuated between 1.32121 and 1.34028 closing at 1.33034 as traders weighed UK GDP upgrades against Fed inflation warnings.

08:02

LegendSince

Despite Disney’s heroics, the Dow closed the week at $41,376 (-0.20%), weighed by Fed Chair Powell’s warning that tariffs could spike inflation and unemployment. Barclays’ “mild recession” forecast added pressure, while utilities (XLU +6.9% YTD) emerged as safe havens.

08:01

LegendSince

As Bitcoin surged to $104,350 (up 9.5% weekly), retail traders pivoted to crypto, leaving Nasdaq’s momentum muted despite Lyft’s 21% pop on buyback news . Going forward, I will be interested to see if Nasdaq is lagging behind Bitcoin and we can see bullish price action up into premium PD arrays.

07:47

LegendSince

The index swung wildly as Trump’s 145% China tariffs and hints of an 80% reduction collided with Fed Chair Powell’s cautious stance on rates. Despite a midweek rally, the S&P 500 ( NYSE:ES ) closed the week down 0.46% at $5,684 reflecting investor paralysis ahead of U.S.- China trade talks.

12:20

LegendSince

Dollar Index fell to 97.921, its lowest since April 2025, as Trump’s aggressive tariffs on critical minerals and China trade retaliation spooked investors. Analysts warn the dollar’s status as a reserve currency is under threat, with foreign holdings of U.S. assets declining sharply. However in the short-term, dollar might see appreciation up into premium PD...

17:12

LegendSince

Technical ratings turned Strong Sell as open interest dropped to 1.80M contracts this week signalling bearish momentum. Hedge funds unwound basis trades, triggering forced selling and margin calls.