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. […]
EUR/USD Weekly Outlook: All Eyes on US Jobs and Inflation
The EUR/USD pair wrapped up last week, flirting with its recent highs, pushing toward 1.1760, and hanging onto most of those gains by Friday’s close. Don’t give the euro too much credit, though. It wasn’t really about European strength—just another round of US Dollar weakness after a jumble of economic reports and a Fed meeting […]
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 […]
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 […]
US Stock Futures Stay Calm as Markets Wait for Fed Rate Decision
US stock futures barely budged on Wednesday morning. Everyone’s just waiting for the Fed’s next move on interest rates. Pretty much everyone expects another quarter-point cut—the third one this year—but inside the Fed, there’s still a real split. Some officials think the economy needs more help, while others worry that too many cuts will only […]
EUR/USD stays calm near 1.1625 as traders await Fed outcome
EUR/USD remains muted around 1.1625 as buyers exercise caution while trading ahead of the US Federal Reserve interest rate announcement. The pair maintained its low intensity tone through the early European session and struggled to capitalize on the overnight recovery move from over one-month lows. Investors are sitting on their hands before a US Federal Reserve interest […]
RBA Keeps Key Rate at 3.6%, AUD/NZD Eases Towards 1.1440
AUD/NZD plummeted in early Tuesday trading, bottoming at 1.1440 in the wake of the Reserve Bank of Australia (RBA) decision to leave its Official Cash Rate at 3.6%. The result was broadly expected, but policymakers’ tone heaped pressure on the Australian Dollar, which fell against most of its major trading partners. The faster inflation in […]
AUD/JPY Weakens Following RBA’s Decision to Maintain Rates Above 3.6%
AUD/JPY in the early Asian hours on Tuesday floated near 103.20 levels, after the Reserve Bank of Australia (RBA) kept its Official Cash Rate at 3.6%. The cut had been widely anticipated by markets; however, the more dovish tone from officials helped keep mild pressure on the Aussie, dragging it through 103.50. RBA Cautious on Inflation Outlook […]
Gold Price Forecast: XAU/USD in Holding Pattern Ahead of FOMC Rate Decision
Gold traded in a tight range through the Asian session on Tuesday as traders adopted a risk-off approach ahead of the all-important FOMC interest rate decision. The precious metal has been range-bound for nearly a week as investors wait to see the timing and degree of the forthcoming policy loosening. The dollar and gold prices are […]
WTI Dips Below $60, But Downside Looks Limited
WTI crude slipped just under $60 on Monday, trading with a slightly negative vibe. Still, it’s hanging near the two-week high it hit on Friday, so sellers aren’t really taking over. The price has been climbing for three weeks straight, though you can tell buyers are getting a bit careful at these levels. Russian Supply […]