Australian Dollar Advances as Markets Weigh RBA and Fed Signals
The Australian Dollar rose on Monday, remaining in positive territory as traders carefully analyzed mixed central bank cues from Asia and the US. The tone was still wary, but not negative. Instead, the market just leaned toward stability to revive the AUD. One early reprieve for the Australian Dollar was from China. The People’s Bank of China […]
Japanese Yen Gains on Safe-Haven Demand, BoJ Signals Rise
The Japanese Yen began a contrarian Monday on the offensive, even though it only maintained some of its intraday peak versus the US Dollar. This may sound like a small step — and on the surface, it is — but the thinking behind it goes much further. A combination of global tensions, conservative central bank […]
WTI Oil Prices Drop to Near $56 as Prospects for Supply Rise on Ukraine Peace Talks
The price of West Texas Intermediate (WTI) — the primary benchmark for US crude — fell to as low as $56 a barrel during Asian trading on Thursday. The decrease in WTI oil prices is being driven mainly by a new wave of optimism that Russia and Ukraine may be nearing a peace agreement. If the relationship […]
Australian Dollar Weakens Despite Higher Inflation
The Australian Dollar has continued to fall against the US Dollar for the sixth day in a row. And this at a time when inflation expectations in Australia have risen. Australians expected prices to increase by 4.7% in December, up from 4.5% in November. Inflation typically supports a currency because it can push the central bank […]
Gold Prices Move Higher on Signs of a Weakening US Job Market
Gold prices rose in Asian trading on Wednesday, approaching a nearly seven-week high. The PMs traded above $4,300 amid a negative tone in the US labour market, which was weighing on the Dollar. To retail investors, that gain represents an increasing bet that US interest rates could further soften in the months ahead – something that […]
Australian Dollar falters as Strong USD and Rate Hikes Play on Traders’ Minds
On Wednesday, the Australian dollar continued its persistent slide versus the greenback for the fifth straight session. AUD/USD: Dismal Australian data hurt the Aussie. The AUD/USD pair is seen near 0.6630 at press time, with a couple of bearish setups eyeing further weakness this Wednesday, supported by a positive US Dollar and diminishing expectations of […]
WTI Oil Trades Below $56.50 Amid Hopes of Peace
WTI crude oil prices continue to drift lower and are currently trading around $56.35 during the Asian session. The dominant factor behind this drop is increasing hope for a peace deal between Russia and Ukraine. When markets believe a protracted war might conclude, oil prices tend to drop. That’s because peace means less fear that supplies will be […]
USD/CAD Steady Near 1.3770 as Markets Wait for US Jobs Data
USD/CAD today, during the Asian session, is trading flat at around 1.3770. This steady movement indicates that traders are awaiting an important update from the United States. Attention now turns to the NFP (Nonfarm Payrolls) – because it reflects labour market statistics for both October and November. Traders have been looking to stay alert and cautious until […]
Silver Prices Analysis: XAG/USD Turned Bearish Below $16.74-77 Support
Silver prices have fallen back, having recently soared to near record levels. XAG/USD Sloggish through the early Asian session on Thursday and eroded a part of the previous day’s gains. The metal fell back to the low-to mid-$62 level after the unexpected daily slump. The move seemed to reflect some investors cashing in after an earlier strong rally. […]
Gold Prices are Above $4,325 Amid Fed Outlook and Safe-Haven Flows
Gold prices rose to a higher level, pushing past $4,325 and reaching their strongest level in weeks. Investors keep piling in, betting that US interest rates are headed lower next year. This cautious vibe running through markets just won’t quit, keeping demand for safe-haven assets like gold alive and well. Right now, it’s all about […]
Japanese Yen Spikes as BoJ Revised Higher Rate Outlook
The Japanese Yen had a strong start to the week, and it’s getting some attention. The Bank of Japan now looks to be inching closer to raising interest rates, which has bolstered confidence in the currency. Business sentiment in Japan is recovering as well, so that adds additional fuel. In addition, right now, global investors are a little […]
Dow and S&P 500 Hit New Highs as AI Hype Takes a Breather
Stocks finished strong again on Thursday, wrapping up another solid week as 2025 gets rolling. With the Fed cutting rates and Oracle dropping the ball on earnings, traders stepped back from the red-hot AI stocks. Instead, they started moving money into companies tied more closely to the overall U.S. economy, giving the Dow and S&P […]
US Dollar Index Slips Near 98 as Markets Bet on Bigger 2026 Rate Cuts Than the Fed
The US Dollar Index just can’t seem to catch a break, as on Thursday, it hovered nervously above 98, barely holding on after dropping to a new seven-week low at 98.13. Traders are increasingly leaning toward the view that the Fed will have to cut rates much deeper by 2026 than officials are willing to […]
Gold Prices Lose a Bit of Shine as Investors Find Their Nerve
Gold prices edged lower in Friday’s Asian trading, slipping from their recent highs as traders jumped back into riskier bets. Stocks looked lively, and that upbeat mood was enough to steal some of gold’s usual safe-haven spotlight. The US dollar picked up a little steam—not a huge move, but just enough to take the wind […]
US Dollar Index Slips Towards 98.50 After Fed Cut; Markets Now Watching Jobless Claims
The US Dollar Index eased to roughly 98.55 in the early Asian session on Thursday. It wasn’t a dramatic fall—more like the kind of slow slide you notice only when you look twice. Traders have seen this kind of reaction before: the Dollar doesn’t jump or crash; it just loosens its shoulders after a big […]
EUR/USD Keeps The Lower Bound Of Range Post-Fed Cut, Market Awaits Jobless Claims
The EUR/USD was trading around 1.1690 in the early European session on Thursday, touching lower with no clear direction. In the aftermath of the Federal Reserve’s latest rate cut, the market’s reaction was muted — more a polite nod than an emphatic leap. And market veterans often refer to such pauses as the market “taking stock”, […]
Silver Slips Towards $62 After New Record High, but the Bullish Mood Stays Strong
Silver eased to about $62 in early Asian trade on Thursday, after touching a record high of $62.87 earlier in the day. The rally took a breather, but the bigger picture remains constructive. Experts who have tracked metals for years will tell you that they have seen similar patterns—big breakouts often take a moment to steady before […]
WTI crude hovers near $58.20 as a stronger US Dollar drags oil prices down
WTI crude is trading close to $58.20 early Wednesday in Asia. Oil’s losing steam, and the main culprit is the US Dollar. After fresh US job data surprised everyone, the Dollar got a boost. Since oil’s priced in Dollars, a stronger Dollar usually makes crude more expensive for buyers using other currencies, so demand slips […]