WTI Drops Near $67.50 as Middle East Risk Premium Eases West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.55 on Tuesday, with prices falling as concerns over a major Middle Eastern conflict diminish. This decline follows
Gold Price Holds Steady Near Record High, Awaits US Macro Data for Direction Gold price (XAU/USD) remains robust as it approaches the European session on Tuesday, trading just above the $2,750 mark and close to last week’s all-time high. Geopolitical
EUR/USD Price Analysis: Holding Above 1.0800, Testing the Descending Channel’s Upper Boundary The EUR/USD pair has eased back from its recent gains, trading near 1.0810 in the Asian session on Tuesday. On the daily chart, the pair is currently testing
Japanese Yen Faces Selling Pressure Amid Political and Economic Uncertainty The Japanese Yen (JPY) faces challenges to start the week as market participants digest the implications of Japan’s general election results. Meanwhile, the only data on the U.S. docket is
Australian Dollar Declines Amid Market Caution The Australian Dollar (AUD) edged lower against the US Dollar (USD) on Thursday, though the AUD/USD pair experienced minor gains as the USD softened slightly with a modest dip in US Treasury yields. The
EUR/USD Steady Below 1.0800 Amid Speculation of a Less Dovish Fed Stance The EUR/USD pair remains stable around 1.0790 during Monday’s Asian trading hours, following previous session losses. However, it could face resistance from a strengthening U.S. Dollar (USD) as
US Dollar Holds Steady Amid Correction, Market Focus Shifts to Key Mid-Tier Data The US Dollar (USD) maintains resilience against major counterparts early Friday after losing momentum on Thursday. European trading hours will center on Germany’s IFO business sentiment surveys,
Japanese Yen Recovery from Multi-Month Low Against USD Shows Limited Bullish Commitment The Japanese Yen (JPY) has gained ground for a second consecutive day, rebounding from a recent multi-month low near 153.20 against the US Dollar (USD) reached earlier this
USD/CAD Nears Two-Month Highs at 1.3850 as Traders Turn Cautious Before US Election The USD/CAD pair holds steady with two consecutive days of gains, trading around 1.3850 in Friday’s Asian session. This level sits close to Thursday’s two-month high of
WTI Oil Rebounds to $71.50 Amid Rising Supply Concerns West Texas Intermediate (WTI) Oil has rebounded from recent losses, trading around $71.60 per barrel during Thursday’s Asian session. This recovery is largely driven by concerns over potential supply disruptions due
Australian Dollar Holds Steady as US Dollar Softens Ahead of PMI Data The Australian Dollar (AUD) strengthened against the US Dollar (USD) on Thursday, supported by the release of domestic Purchasing Managers Index (PMI) data. The AUD/USD pair moved higher
EUR/USD Rebounds from Multi-Month Low, Eyes 1.0800 Ahead of Flash PMIs The EUR/USD pair is showing signs of recovery during Thursday’s Asian session, breaking a three-day losing streak that saw it hit its lowest level since early July, near the