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10 12, 2025

XAU/USD defends key 61.8% Fibo level ahead of the Fed showdown

By |2025-12-10T07:01:08+02:00December 10, 2025|Forex News, News|0 Comments


Gold is defending the $4,200 mark early Wednesday, having staged a decent comeback on Tuesday from near the $4,170 region. Traders gear up for the all-important US Federal Reserve (Fed) policy announcements.  

Gold: Will Fed deliver a hawkish surprise?

Gold is tracking the renewed record-setting rally in Silver, in anticipation of the upcoming 25 basis points (bps) interest rate cut by the Fed, following the conclusion of its two-day monetary policy meeting later on Wednesday.

The odds of such a move currently stand at about 90%, as traders eagerly await cues on the number of Fed rate reductions likely to be projected by the Federal Open Market Committee (FOMC) board members for 2026.

Fed Chairman Jerome Powell’s words and tone during the post-policy meeting press conference will be closely scrutinized to understand whether the expected December cut is just a risk-management move or the start of an aggressive easing cycle.

The FOMC board vote split, between the hawks and doves, will also play a pivotal role in the central bank’s guidance on interest rates.

The CME Group’s FedWatch Tool shows a little over 20% chance of another Fed rate cut in January, especially after Tuesday’s upbeat US JOLTS Job Openings data for September and October.

Job openings, a measure of labor demand, were up 12,000 to 7.670 million by the last day of October, Reuters reported, citing the Labor Department’s Bureau of Labor Statistics.

Looking ahead, Gold’s next big move will play out on the Fed meeting’s outcome, with a hawkish tone and future rate projections to fuel a steep decline in non-yielding assets such as Gold.

On the contrary, if doves hold the upper hand, with the Fed’s message of more rate cuts needed to alleviate the labor market stress, Gold could see a fresh uptrend toward the record highs of $4,382.

Gold price technical analysis: Daily chart

In the daily chart, XAU/USD trades at $4,217.02. The 21-day Simple Moving Average (SMA) rises above the 50-, 100- and 200-day SMAs, underscoring a bullish alignment. All SMAs slope higher and price holds above them, with the 21-day SMA at $4,155.85 offering nearby dynamic support. The Relative Strength Index (RSI) sits at 61, signaling firm positive momentum without overbought conditions.

Measured from the $4,381.17 high to the $3,885.84 low, the 61.8% retracement at $4,191.95 has been reclaimed, shifting focus toward the 78.6% retracement at $4,275.16 as resistance. A daily close above that barrier would strengthen the upside bias, while failure to extend could see the advance stall and price drift back to test rising averages for support.

(The technical analysis of this story was written with the help of an AI tool)

Economic Indicator

Fed Interest Rate Decision

The Federal Reserve (Fed) deliberates on monetary policy and makes a decision on interest rates at eight pre-scheduled meetings per year. It has two mandates: to keep inflation at 2%, and to maintain full employment. Its main tool for achieving this is by setting interest rates – both at which it lends to banks and banks lend to each other. If it decides to hike rates, the US Dollar (USD) tends to strengthen as it attracts more foreign capital inflows. If it cuts rates, it tends to weaken the USD as capital drains out to countries offering higher returns. If rates are left unchanged, attention turns to the tone of the Federal Open Market Committee (FOMC) statement, and whether it is hawkish (expectant of higher future interest rates), or dovish (expectant of lower future rates).



Read more.

Next release:
Wed Dec 10, 2025 19:00

Frequency:
Irregular

Consensus:
3.75%

Previous:
4%

Source:

Federal Reserve



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10 12, 2025

Pound Sterling a Sell vs Euro on “Rising Tide of Unemployment”

By |2025-12-10T06:29:10+02:00December 10, 2025|Forex News, News|0 Comments

GBP/EUR Year-End 2025 Forecast

Consensus from major banks.

Free PDF

Image © Adobe Images


The British pound will come under pressure against the euro next year as the UK economy suffers rising unemployment.

Given this, strategists at CIBC Capital Markets make buying EUR/GBP a top trade for 2026, judging that a recent pound sterling rebound will falter.

“Sterling witnessed something of a relief rally in the wake of Chancellor Reeves second Budget; the uptick in the fiscal headroom was greeted by some relief by Gilt investors,” says CIBC in a strategy note detailing top trades for the coming year.

“However, we would note the downgrade to GDP assumptions, deterioration in labour market trends and or substantive CPI base effects which are set to impact into Q2,” it adds.

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EUR/GBP is has fallen during November and December as the 2025 selloff unwinds. Part of that weakness was linked to fears for UK economic growth and fiscal stability owing to the November budget.

The contents of the budget were well telegraphed by a series of leaks from the Treasury, and with no real surprises being announced on the day, the market has covered some of its bets against the pound.


For now, GBP/EUR upside is seen as a counter-trend bounce.


In our Pound to Euro Week Ahead Forecast, we note near-term momentum remains in favour of further upside, fulfilling earlier expectations for a year-end post-budget bounce in the pound.

However, upside will ultimately be limited by unhelpful fundamentals. CIBC’s analysts cite the following headwinds:

  1. Slower GDP trajectory
  2. Subdued gains in real disposable incomes
  3. A rising tide of unemployment (dragging on earnings growth)

This “supports a faster pace of BoE adjustment; we assume 50bps of easing by the end of Q1, beyond the current 39bps priced by the market,” says CIBC.


Above: The Bank of England will cut interest rates faster than anticipated, warns CIBC.


“A more aggressive BoE profile supports the notion of EUR/GBP gains, given we expect the eurozone to benefit from German fiscal expansion, defence spending under the ReArm process in addition to ECB inertia, given policy remains in a good place,” it adds.

CIBC economists consider 3.50% to be the landing zone for Bank Rate.

This “supports EUR/GBP heading back towards 2023 highs.” The EUR/GBP high is 0.8865 (Nov. 14), giving a GBP/EUR low of 1.1280.

EUR Year-End Forecast

GBP/EUR Year-End 2025

Built from leading bank forecasts.

Download

Against the Tide

Weak GBP is a consensus expectation for 2026, but some analysts are taking the other side of that bet, suggesting lower UK interest rates could be supportive.

“Pessimism toward the UK is too high in our view. We believe the Bank of England now has more scope to cut rates, and retail sales appear to be on an uptrend. Economic growth could surprise positively in 2026 and support UK markets,” says Brian Levitt, Chief Global Market Strategist at Invesco.

Bank of America is also contrarian, saying the pound will outperform peers in 2026, as consensus positions tend to fizzle out early in the year.

With the budget having passed without drama, the pound is at a fork in the road: does that risk premium dissipate or does it become entrenched?

Bank of America thinks the former is the most likely: that premium can continue to lift, and the pound will recover as a result.

“This Budget has the buy-in from the OBR (who prepare macro forecasts for the Government) and the Chancellor has reinforced the commitment to keep the Fiscal Rule and raise the Fiscal Headroom. These are important anchors which should lead to a relief rally in GBP as the release valve of event risk has passed,” reads Bank of America’s year-ahead outlook.

BofA forecasts EUR/GBP at 0.84 by year-end, which gives a pound to euro conversion of 1.19.

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10 12, 2025

Natural Gas Price Forecast: 20-Day Average Breaks – $4.24 Next in Sight

By |2025-12-10T04:59:11+02:00December 10, 2025|Forex News, News|0 Comments


20-Day Breakdown Confirmation

Tuesday’s move decisively sliced through the 20-day average at $4.68, with a daily close below set to confirm the breakdown. Combined with the sharp reversal from last week’s $5.50 extreme, this failure points squarely to continued downside momentum.

Weekly Reversal Activated

The decline also triggered a one-week bearish reversal below last week’s $4.76 low, breaking the multi-month pattern of higher weekly highs and lows. A close beneath that level locks in the weekly shift and reinforces bearish dominance across timeframes.

The trajectory now favors a relatively swift test of the next major support zone around the recent swing low at $4.24 and the rising 10-week average near $4.18, with nearby June levels around $4.15 adding potential reinforcement.

Deeper Correction Targets

After the prolonged and extended rally from late-October, corrective action looks warranted. A confirmed 20-day break opens the 50-day average at $4.01—currently converging with a rising top channel line—as the next logical downside price magnet. Should that fail, the 200-day average at $3.58, aligned with a long-term uptrend line untouched since late-October, enters focus as significant deeper support.

Outlook

Two days of heavy selling have flipped the short-term structure firmly bearish with the 20-day and weekly breakdowns confirming momentum now favors lower prices. Look for $4.24–$4.18 first, then $4.01 and potentially $3.58 on continued weakness; only a rapid reclaim of the 20-day average would begin to neutralize the current bearish shift.

For a look at all of today’s economic events, check out our economic calendar.



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10 12, 2025

Japanese Yen Forecast: USD/JPY Steadies Ahead of Key Fed Projections

By |2025-12-10T04:28:12+02:00December 10, 2025|Forex News, News|0 Comments

USDJPY – One Minute Chart – 101225

The November data followed BoJ Governor Kazuo Ueda’s optimistic economic outlook. He stated that the economy will return to growth in the fourth quarter and beyond, reinforcing his recent bullish pivot. Last week, Governor Ueda supported a rate hike, citing strong wage growth, fading US tariff risks, and FX weakness.

While expectations of a BoJ rate hike are strengthening yen demand, the FOMC interest rate decision, FOMC Economic Projections, and Fed Chair Powell’s press conference will dictate buyer appetite for the US dollar.

FOMC Interest Rate Decision Looms

Later on Wednesday, the Fed will take center stage as investors await its highly anticipated interest rate decision and Economic Projections. Economists expect the Fed to lower interest rates by 25 basis points, with the CME FedWatch Tool giving an 87.6% chance of a rate cut.

Barring an unexpected hold or a surprise 50-basis-point cut, the market focus will be on the Economic Projections and the dot plot on rate expectations. Notably, the chances of a Q1 2026 rate cut declined overnight.

The FOMC Committee has divided into two camps in recent months. On one side, members support further policy easing to bolster a cooling labor market, while on the other, voters view sticky inflation as a reason to pause further cuts. Given the division among voting members, a hawkish cut looks likely, where the Fed downplays further easing in the near-term, but remains data dependent.

Economic Projections and Dot Plot to Spotlight the Greenback

The Economic Projections and dot plot will provide the crucial insights into the Fed’s outlook and potential rate path. For context, the September dot plot projected a 3.25%-3.50% Fed Funds Rate (FFR) by the end of 2026.

A 25-basis-point rate cut today would leave two further rate cuts to align with the September dot plot, the baseline for traders. A dovish Fed rate cut would be a lower FFR by the end of 2026, while a hawkish cut would be a higher 2026 FFR forecast.

Notably, the projections will be based on outdated inflation and jobs data, given the cancellation of October data. The absence of October’s government reports may downplay the influence of inflation, unemployment, and GDP projections on US dollar demand. However, given the USD/JPY sensitivity to September’s JOLTs job openings, the pair will be exposed to heightened volatility.

Meanwhile, there is also a potential announcement on bond purchases (quantitative easing).

With increased uncertainty about the post-December Fed rate path, the short- and medium-term outlook hinges on the Fed and the BoJ’s interest rate decisions and policy outlooks. Despite the uncertainty, the Fed’s easing and the BoJ’s tightening support a bearish medium-term outlook for USD/JPY.

Technical Outlook: USD/JPY on a Downward Trajectory

Looking at the daily chart, USD/JPY traded above the 50-day and 200-day Exponential Moving Averages (EMAs), signaling a bullish bias. However, fundamentals have begun to shift from the technical trend, supporting a bearish medium-term outlook.

A break below the 155 support level would bring the 50-day EMA into play. If breached, the 153 support level would be the next key support. Significantly, a sustained fall below the 50-day EMA would signal a bearish trend reversal, supporting a near-term drop toward 150.

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10 12, 2025

MVM benefits specific groups, targeted use needed, says Haleon, NUS-funded review

By |2025-12-10T04:22:10+02:00December 10, 2025|Dietary Supplements News, News|0 Comments


Published in Ageing Research Reviews, the study reported that specific groups, such as hypertensive individuals, may experience lower blood pressure due to multivitamin and mineral (MVM) supplementation.

Undernourished elderly and adults younger than 65 years old may also see a reduction in infections with MVM use.

However, MVM supplementation is not associated with a reduced risk of breast cancer.

As such, researchers highlight the need to identify individuals who would most likely benefit from MVM supplementation.

“As this review demonstrates, the evidence for MVM supplementation to promote healthy longevity remains limited and inconclusive,” they wrote. “

To enhance the effectiveness of MVM supplementation in promoting healthy longevity, it is essential to identify individuals who are most likely to benefit from supplementation. Nutritional needs vary considerably across individuals due to genetics, age, sex, health status and lifestyle.”

The study was conducted by researchers from the Academy for Healthy Longevity housed within the Yong Loo Lin School of Medicine at the National University of Singapore (NUS).

Research funding came from both NUS and Haleon, which is known for its MVM brands Centrum and Caltrate.

The rapid review method

The review included 19 eligible meta-analyses assessing MVM use and bodily functions—cognitive health, psychological well-being, immune response, blood pressure regulation, COVID-19, pregnancy complications and birth outcomes—with data drawn from a total of 5,535,426 participants, including pregnant women.

These meta-analyses included clinical trials, observational studies and prospective cohort studies published on the MEDLINE and EMBASE databases from 2000 to 2025.

In general, the clinical trials primarily assessed the effect of MVM on cognitive function, psychological well-being, immune response, blood pressure regulation and COVID-19 outcomes.

Cohort and case-control studies, on the other hand, have contributed observational data on cancer incidence, cardiovascular events, pregnancy complications, birth outcomes and pediatric conditions.

Key findings

The researchers highlighted that the effects of MVM supplementation on health outcomes were mixed, with potential benefits primarily observed in specific groups such as older adults, individuals with lower baseline dietary quality and those with chronic conditions.

For example, MVM supplementation was found to produce a small but significant reduction in systolic blood pressure but no significant reduction in diastolic blood pressure.

Subgroup analyses found greater reductions in blood pressure levels in hypertensive individuals and those with chronic diseases, while minimal effects were reported in healthy individuals with normal blood pressure. MVM supplementation also did not lower the risk of hypertension in individuals with normal blood pressure.

“These RCT findings suggest that MVM intake lowers blood pressure in individuals with hypertension or chronic disease but has little effect in normotensive individuals and does not prevent hypertension,” the researchers wrote.

Another example is the potential of MVM supplementation to significantly reduce the number of infections among adults under the age of 65.

In contrast, no significant effect of MVM supplementation on infection rates in older adults, although findings indicated that MVM supplementation for at least could reduce the number of infections in undernourished older adults

“Overall, RCT findings indicate that MVM supplementation does not reduce infection risk in older adults from populations that are a mix of community-dwelling and institutionalized individuals who are typically healthy, but it may lower infection rates in younger adults from populations that are hospitalized, undernourished and acutely ill, particularly burn patients,” the researchers wrote.

Effects on women’s health

There was also limited evidence on MVM’s benefits for women, including pregnant women.

For example, pooled analysis of observational studies did not find associations between MVM use and incidence of breast cancer.

“Thus, observational findings suggest that MVM supplementation is not associated with the risk of breast cancer,” the researchers wrote.

Similarly, there was a lack of benefits for pregnant women, including a lower risk of gestational hypertension or preeclampsia incidence, except for one RCT involving 955 participants that showed a potential protective effect on gestational hypertension.

Future research

Based on the findings, the researchers proposed that future clinical trials examine the effects of MVM supplementation in specific populations that have demonstrated, or confirmed via laboratory tests, deficiencies in micronutrient levels.

“Stratification by baseline nutritional status, dietary intake and genetic or lifestyle factors may help identify subgroups most likely to benefit,” they wrote. “Overall, the findings revealed a lack of consistency in the definition of MVM supplementation and substantial variability in MVM effectiveness depending on population, age, and health status.

“These results highlighted the importance of shifting from generalized supplementation approaches to more targeted, personalized nutritional strategies to support healthspan and longevity.”

Source: Ageing Research Reviews, 2025. doi: 10.1016/j.arr.2025.102965. “Multivitamin and mineral use: A rapid review of meta-analyses on health outcomes”. Authors: Weilan Wang, et al.



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10 12, 2025

XRP Price Prediction: XRP Stabilizes at Multi-Month Support With Eyes on a Possible Run to $2.50

By |2025-12-10T04:13:14+02:00December 10, 2025|Crypto News, News|0 Comments

XRP approaches a key technical junction near $1.89–$1.94, as traders and analysts watch closely to see if the cryptocurrency can rebound toward $2.50.

This multi-month support has repeatedly acted as a foundation for buyers amid broader crypto volatility. Defending this range could trigger a recovery, while a breach might signal further downward pressure. Ripple’s regulatory updates and adoption trends remain central to market sentiment, adding another layer of caution for investors.

XRP Holds Critical Multi-Month Support

On December 9, 2025, XRP traded between $2.05 and $2.16, according to CoinGecko, reflecting modest declines of roughly 1–2% for the day. Despite these fluctuations, XRP remains above the multi-month support level, though it continues to trend below September’s high near $2.85, as indicated by daily XRP price charts.

XRP must defend $1.94 support to potentially rebound toward $2.50. Source: @ali_charts via X

Crypto analyst Ali (@ali_charts) highlighted the $1.94 threshold, stating, “$1.94 is the support XRP must hold to set up a rebound toward $2.50.” His chart of XRP/USDT perpetual futures on Binance identifies this level as a structural pivot formed by previous lows. Sustained defense of this zone could open the door to retesting resistance near $2.50.

Institutional data shows similar levels acting as high-liquidity points in previous cycles. Based on historical reaction to long-term channels, these zones often attract significant buying, though confirmation typically requires follow-through in volume and price action.

Technical Outlook: Descending Channel and Long-Term Structure

XRP has been moving within a descending channel since September, indicating a series of lower highs and lower lows. TradingView analyst Mahshiddadashzadeh identified a deeper support range at $1.89–$1.77, which has historically provided resilience under market pressure.

XRP Price Prediction: XRP Stabilizes at Multi-Month Support With Eyes on a Possible Run to .50

XRP tests its long-term support between $1.77–$1.89, with a potential short-term rebound if the descending channel holds. Source: mahshiddadashzadeh on TradingView

He noted, “The long-term support range at 1.8965–1.7744 has been tested several times and remains the main line holding the structure together. As long as this zone holds, a short-term rebound toward the channel’s dynamic resistance remains possible.”

Short-Term Sentiment: Social Media and Community Signals

Short-term sentiment remains mixed. A chart shared by crypto signal provider Amonyx (@amonbuy) shows XRP testing an ascending intraday trendline near $2.08. The analyst described the setup as a “huge bull run” opportunity, but this view is highly speculative and contrasts with broader market caution.

Short-Term Sentiment: Social Media and Community Signals

XRP shows bullish momentum signals, with traders anticipating a potential upward move if key support levels hold. Source: @amonbuy via X

Notably, the trendline aligns with short-term support observed across multiple chart timeframes, reinforcing its technical relevance. Targets suggested in community discussions—such as $738—are not grounded in traditional valuation models and are considered symbolic within social sentiment analysis.

Market Context and Ripple Developments

XRP’s price action is closely tied to Ripple’s regulatory and operational milestones. Following the partial resolution of the Ripple SEC case, interest in XRP crypto remains steady, benefiting from improved legal clarity.

Ripple’s expansion into regions such as Japan, the Middle East, and Europe supports network usage and potential liquidity demand. Analysts note that adoption trends, combined with XRP’s relatively low-cost transaction model, influence expectations for the asset’s long-term trajectory.

Looking Ahead: Potential Rebound Toward $2.50

Analysts largely agree that the $1.89–$1.94 support zone will determine XRP’s short-term trend. A sustained hold of this range, supported by volume and market structure confirmation, could see XRP attempt a measured rebound toward $2.30–$2.50.

Looking Ahead: Potential Rebound Toward $2.50

XRP was trading at around 2.15, up 3.30% in the last 24 hours at press time. Source: coingecko

Risk factors remain, including macroeconomic headwinds, liquidity imbalances, or a breakdown of the descending channel. Traders often monitor dynamic resistance, volume spikes, and structural pivots to validate rebound scenarios.

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10 12, 2025

Rallies 14% as Bybit, Mantle Integration Connects DeFi Lender to 70M Users

By |2025-12-10T03:02:07+02:00December 10, 2025|News, NFT News|0 Comments


Aave’s native token AAVE surged 14% over the past 24 hours to $188 on Tuesday as the broader crypto market rebounded from the steep early week sell-off.

The move marked one of the strongest daily gains among major DeFi assets, outpacing the CoinDesk 5 Index’s 8% gain during the same period.

The rally was fueled by a sharp breakout above the $175 level during the U.S. trading session, where volume spiked 295% above average in a single hour, CoinDesk Research’s technical analysis tool noted. Overall, AAVE posted an intraday range of $24.90, rising from $164.28 due to strong trading activity, representing a 35.66% increase compared to its seven-day average.

Technical indicators confirmed the momentum. AAVE logged three higher lows before pushing above $183.80 support and reaching a session high of $188.26, with volume spikes reinforcing bullish control.

Boosting sentiment was Aave expanding to Mantle (MNT), a layer-2 Ethereum scaling network tightly connected to crypto exchange Bybit’s 70 million user base. The partnership brings DeFi lending to a broader audience, leveraging low-cost infrastructure while connecting centralized exchange liquidity with decentralized lending markets.

“By bringing Aave’s lending markets to Mantle’s high-performance network with direct access to Bybit’s exchange, this integration makes transparent, onchain finance available at global scale for institutions worldwide,” said Stani Kulechov, founder of Aave Labs.

Key technical levels to watch

  • Support/Resistance: Immediate support sitting at $183.80; next resistance at the $190.00 psychological level.
  • Volume Analysis: Breakout confirmed by 35.66% increase in trading volume, signals strong participation.
  • Chart Patterns: Ascending trend with clean breakout above $175 suggests continued strength.
  • Targets & Risk/Reward: Next upside target sits at $190.00 with a potential extension to $195.00; downside risk remains limited while holding above $183.80.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.





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10 12, 2025

100–Cold snap boosts US EIA’s spot gas price outlook for late 2025, early 2026 — TradingView News

By |2025-12-10T02:58:02+02:00December 10, 2025|Forex News, News|0 Comments


(Platts)–09Dec2025/441 pm EST/2141 GMT **Agency to ‘modernize’ Short-Term Energy Outlook **EIA raises Q1 gas marketed production forecast by 1.1 Bcf/d The US Energy Information Administration raised its forecast for US spot natural gas prices in late 2025 and early 2026, citing a December cold snap that pushed up its estimate of gas used for space heating this winter. The agency, in its December Short-Term Energy Outlook, lifted its forecast for Q4 Henry Hub natural gas spot prices by 36 cents to $3.87/MMBtu. The Q1 forecast also rose 37 cents from the previous month’s estimates to $4.35 /MMBtu. The agency said the cold hitting the US this December will drive Henry Hub spot prices to average nearly $4.30/MMBtu this winter, more than 40 cents/MMBtu above the November forecast. “Because of the colder weather, we now forecast the residential and commercial sectors will consume 6% more natural gas in December than we forecast last month, reducing the amount of natural gas held in storage.” While the US started the winter season with 4% more working gas in storage than the five-year average, the EIA expects withdrawals in December to be 580 Bcf, or 28% above the five-year-average. However, the EIA expects rising production to continue into 2026, which will help moderate prices, compared to the expectations in the November outlook. “We expect the Henry Hub spot price to average almost $4.50/MMBtu in 4Q26, down 5% from last month’s forecast,” the report said. The agency forecast Henry Hub natural gas prices would average $3.56/MMBtu for full-year 2025 and $4.01/MMBtu in 2026, compared with the previous month’s estimates of $3.47/MMBtu in 2025 and $4.02 /MMBtu in 2026. On the supply side, the agency raised its gas production forecast from November estimates, citing its changed assumptions about gas-to-oil ratios (GORs). “Specifically, we raised our expectations of GORs in the Permian region based on recent production trends, leading to more overall natural gas production in our forecast for 2026.” Dry gas production is forecast to average 109.1 Bcf/d in 2026, up from the November estimate of 107.8 Bcf/d. The agency raised by 700 MMcf/d to 120.6 Bcf/d its natural gas marketed production estimate for the US in the fourth quarter of 2025. The Q1 2026 production forecast increased by 1.1 Bcf/d to 119.6 Bcf/d. Gas inventories are now forecast to conclude the winter season at 2 Tcf, topping the five-year average by 9%. On the demand side, the EIA raised the natural gas consumption estimates by 500 MMcf/d to 94.3 Bcf/d for Q4, but lowered the estimate by 700 MMcf/d to 105.6 Bcf/d for Q1. The increased natural gas price forecast also prompted the EIA to update its estimates for winter heating costs, with higher total costs expected for homes heated primarily by gas. Average fuel expenditures for those heating with gas are now estimated to average a total of $671 for the November-March period, 3% above last winter’s costs. Those heating with electricity are estimated to pay an average of $1,144 this winter, up 5% from last year, according to the update. REVAMPING THE OUTLOOK Alongside the STEO, the agency also announced plans to “modernize” its “core short-term forecast model,” including “modern data architecture with automated data flows, internal visualization tools, and comprehensive documentation,” according to a release. The agency noted that the current model underpinning the outlook was “built a quarter-century ago.” It plans to undergo the modernization process in stages, beginning with a new upstream model in the spring of 2026 and “full completion” in 2027. “EIA is decisively accelerating toward a more integrated and timely forecasting system that better reflects the evolving role of the United States in global energy markets,” EIA Administrator Tristan Abbey said in a statement. The news came days after Abbey, appointed by US President Donald Trump and sworn in as the 11th EIA Administrator Sept. 25, outlined his wider plans for changes at the agency. Speaking in an interview at the Center for Strategic and International Studies Dec. 4, Abbey said the EIA had “too many” products and “quite a bit of redundancy.” He asserted the agency needed to update and streamline its data collection processes and discard unused tools, but reiterated the importance of the agency’s monthly forecasts, market surveys, and Annual Energy Outlook. “There are lots of things EIA does because we were asked to do so 10 years ago, 20 years ago, and we still do it, because that’s what we do,” Abbey said in the interview. “I think people have kicked the can down the road on modernizing our system architecture for far too long.” “EIA is very good about collecting missions like barnacles on the hull of a ship,” he continued. “It is not so good at discarding them.” ELECTRICITY The EIA forecasts that nationwide electricity generation will grow by 2.4% in 2025 and by 1.7% in 2026. The generation growth forecast for 2026 is down from a roughly 3% year-over-year increase predicted in the previous month’s STEO, a reduction driven by how much large-load electricity demand has come online so far this year and its implications for near-term growth, the agency said. The updated projections for generation growth in 2025-26, should they come to fruition, would continue an upward trend seen in recent years after a decade of relatively flat growth, the EIA said. US electric power sector generation has grown by around 2% each year since 2021 after falling by an average of 0.3% annually between 2010 and 2020. The bulk of the generation growth is a result of increasing power demand from data centers and other large-load customers in the Electric Reliability Council of Texas and the PJM Interconnection markets. The EIA forecasts that PJM power demand will increase by 3.3% in both 2025 and 2026, while ERCOT demand will rise by 5.0% in 2025 and 9.6% in 2026. The ERCOT demand growth forecast was notably revised downward from 6.0% in 2025 and 15.7% in 2026 in the November outlook. The surging demand in these regions is expected to have a significant effect on the mix of sources for power generation. Most of the growing demand in PJM is expected to be met by increasing generation from coal and solar, up 23% and 63%, respectively, between 2024 and 2026, the EIA said. The agency forecasts that solar power will be the fastest growing source of energy in ERCOT at an increase of 92% from 2024-26. Natural gas is the large source of generation in both ERCOT and PJM and is expected growth by 2% in each between 2024 and 2026, the EIA said. — Maya Weber, maya.weber@spglobal.com; Eamonn Brennan, eamonn.brennan@spglobal.com; Ronnie Turner, ronnie.turner@spglobal.com– Edited by Sarah Smith, newsdesk@spglobal.com–Platts Electricity Alert–



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10 12, 2025

Rallies Ahead of Fed (Video)

By |2025-12-10T02:27:09+02:00December 10, 2025|Forex News, News|0 Comments

  • The USD/JPY pair rallied firmly ahead of the Federal Reserve’s rate decision, with traders watching both the expected cut and the press-conference guidance.
  • A break above ¥158 could open a move toward ¥160, while dips remain favored for buying.

The US dollar has rallied quite nicely during the trading session on Tuesday, as it looks like we are ready to continue going higher. That being said, though, you have to understand that the Federal Reserve has an interest rate decision on Wednesday, which will have a major influence on this pair. Ultimately, keep in mind that although an interest rate cut is expected, a lot of what people will be paying attention to is the press conference and what the Federal Reserve is likely to do going forward.

Key Levels Into the Fed Decision

With this being the case, it’s possible that the market could go looking to the 158 yen level, breaking above there, then opening up the possibility of a much bigger move. But as things stand right now, I think you have to understand that Wednesday will be pretty messy, but once we get above that 158 yen level, and maybe it happens Wednesday, I don’t think it will happen right away, but it could. Then we’re looking at 160 yen before it’s all said and done.

I have no interest whatsoever in shorting this pair, and I look at dips as potential buying opportunities, but I also recognize that you have to be somewhat cautious here because of the volatility. You don’t want to get taken out of the market as machines are reacting to the interest rate decision or the statement.

All things being equal, as long as we don’t break down below the low price of Friday, I think the uptrend is very much intact and would even extend that maybe as low as 153 yen. Anything above there, it’s still got a shot to go higher. And I think ultimately if we can get above 158, to the 160 yen level, this thing could really take off. We’ll just have to wait and see what Jerome Powell has to say.

Want to trade our USD/JPY forex analysis and predictions? Here’s a list of forex brokers in Japan to check out.

Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.

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10 12, 2025

Autism ‘supplement’ adverts banned by watchdog over claims they can ‘prevent, treat or cure’ condition – Liam O’Dell

By |2025-12-10T02:21:00+02:00December 10, 2025|Dietary Supplements News, News|0 Comments


Two online adverts for autism “supplements” have been banned by the UK’s Advertising Standards Authority (ASA), with the regulator finding the promotions from Customized Autism Treatment (CAT) and Onecare claimed their products could “alleviate” or “help prevent, treat, or cure traits” associated with the disability.

The rulings, published on Wednesday, form part of a wider piece of work carried out by the watchdog on autism and attention deficit hyperactivity disorder (ADHD), which saw the ASA’s active ad monitoring system use artificial intelligence to identify online adverts which might break advertising rules.

Under the Code published by the Committee for Advertising Practice (CAP), adverts containing nutrition or health claims can only be used in marketing communications if “listed” in “the applicable register”, while claims which “state or imply a food prevents, treats or cures human disease” are “not acceptable”.

In an advert on Facebook for Onecare’s AURA7, seen in February, the company claimed the supplement was “crafted to support children with autism by improving mood stability and cognitive function”, and also displayed text saying “ease the challenges of autism” and “no meltdowns and tantrums with AURA7”.

It also cited a study following 17 autistic children over a month and claimed “70% feel less irritated from sights, sounds or tastes”, “68% are able to engaged [sic] in conversations” and “65% feel comfortable adapting with routine changes”.

In its ruling, the ASA said it considered these claims “would be interpreted as references that the product could help manage the traits of autism or autism spectrum disorder (ASD)”, and therefore considered them to be “medicinal claims”, with the implication AURA7 had “medicinal properties”.

It said: “The AURA7 supplement was, in general terms, marketed as a food supplement. For the purposes of the legislation reflected in the Code, its prohibition on claims that a food (including food supplements), could prevent, treat, or cure symptoms of human disease included medicinal claims. We therefore concluded the claims to alleviate traits of autism or ASD fell under that prohibition.

“Additionally, because the ad made medicinal claims for the AURA7 supplement, it was defined as a medicinal product for the purposes of medicines legislation. Claims that a product had medicinal properties may only be made for a medicinal product that was authorised by the MHRA [Medicines and Healthcare products Regulatory Agency] or under the auspices of the EMA [European Medicines Agency].

“We understood Onecare Wellness did not hold such authorisation for the AURA7 supplement. We concluded the ad was therefore in breach of the Code’s requirements relating both to food supplements and to medicinal products.”

In response to the ASA’s enquiries, Onecare said they had paused the ad, along with several additional ads containing similar wording, and that they are “strengthening their international compliance process to ensure that future campaigns avoided direct references” to conditions such as autism, ADHD and dyslexia, only using claims “authorised on the GB Nutrition and Health Claims Register”.

They also said they have removed references to AURA7 from all UK-targeted ads and that internal controls have been implemented “to prevent any future advertising of the product to UK audiences”.

Although this was welcomed by the ASA, it still concluded the ad breached the CAP Code “because the ad stated and implied that the supplement could help prevent, treat or cure traits of autism and co-occurring conditions”.

The paid-for Google ad for CAT, meanwhile, was seen in June, and claimed the “autism recovery supplements” stem from “a growing body of research involving biologically-based practices” and that the company is “here to help you treat and manage your child’s autism”.

In its ruling, the ASA considered consumers were likely to understand such claims “to mean that the supplements referenced in the ad could treat and help manage the traits of autism or autism spectrum disorder (ASD)”, and that purports to alleviate traits of autism or ASD “fell under” the Code’s prohibition on claims – including medicinal claims – that a food or supplement “could prevent, treat, or cure symptoms of human disease”.

It said: “Because the ad made medicinal claims for the supplements, they were defined as medicinal products for the purposes of medicines legislation.

“Claims that a product had medicinal properties may only be made for a medicinal product that was authorised by the MHRA or under the auspices of the EMA.

“We understood C.A.T. did not hold such authorisation for the supplements. We concluded the ad was therefore in breach of the Code’s requirements relating both to food supplements and to medicinal products.”

TAYHLI, trading as CAT, told the ASA in response that the ad “was not intentionally created”, and that it may have appeared due to “an old default” in Dynamic Keyword Insertion (DKI).

DKI is defined as a tool which automatically places keywords in a paid-for ad which match an individual’s search, which TAYHLI described as “an automated feature that can insert outdated or unintended keywords”.

TAYHLI said it has taken actions “to prevent it happening again”.

Commenting on the two rulings, the National Autistic Society’s head of evidence and research, Dr Judith Brown said the charity hopes they “serve as a warning”.

Alluding to a claim in Onecare’s advert that an AURA7 sachet contains “essential nutrients that work through the gut-brain axis” and “[balance] gut microbiota to reduce anxiety”, Dr Brown continued: “Autism is a lifelong neurodivergence and disability, not a disease and cannot be treated or cured. There is no causal link between gut health and autism.

“It’s important that any social media content or adverts referring to autism include accurate information and signpost to evidence-based advice and guidance from organisations such as the National Autistic Society or the NHS.”

“Guidelines from the NHS and National Institute for Health and Care Excellence (NICE) do not recommend gut microbiome interventions for autism.”

The charity also pointed to a study published in the Neuron journal last month, which identified “serious flaws, inconsistencies, and contradictions” in the evidence base and literature which “undermine any claims about the involvement of the gut microbiome in autism”.





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