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Forex
EUR/USD Price Forecast: Eyes 1.1650 barrier near nine-day EMA
EUR/USD may navigate the region around the seven-month low of 1.1468. The 14-day Relative Strength Index at 38 indicates persistent…
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Forex
AUD/JPY rallies to fresh record high, above mid-113.00s on RBA rate hike bets and weak JPY
AUD/JPY attracts strong buying for the fourth straight day amid a combination of supporting factors. Bets for an imminent RBA…
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Forex
EUR/JPY strengthens to near 184.00 on BoJ rate hike uncertainty
EUR/JPY strengthens to around 183.90 in Wednesday’s early European session. The BoJ is likely to raise rates by the end…
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Energies
Coal Retreats on Falling Oil Prices
Coal prices retreated toward $130 per ton after surging to as high as $150 earlier in the week, as falling…
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Soft Commodities
Cotton futures were 55 to 68 points higher
Crude oil was down $8.38 on the day as the US began escorting vessels through the Strait of Hormuz, though…
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Soft Commodities
Sugar Prices Fall on the Plunge in Crude Oil Prices
May NY world sugar #11 (SBK26) on Tuesday closed down -0.21 (-1.44%), and May London ICE white sugar #5 (SWK26)…
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Soft Commodities
Coffee Prices Fall Back After 1-1/2 Week Rally
May arabica coffee (KCK26) closed down -1.10 (-0.37%), and May ICE robusta coffee (RMK26) closed down -79 (-2.09%). NY arabica…
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Soft Commodities
Cocoa Prices Extend 1-1/2 Week Rally on Report of Large Export Purchases
May ICE NY cocoa (CCK26) on Tuesday closed up +158 (+4.80%), and May ICE London cocoa #7 (CAK26) closed up…
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Metals
Gold bulls seem hesitance despite Middle East tensions and softer USD; US CPI awaited
Gold benefits from the flight to safety amid a further escalation of the conflict in the Middle East. Easing inflation…
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Indices
Hong Kong Shares Edge Higher
Hong Kong stocks rose 59 points, or 0.2%, to 26,013 in Wednesday morning trade, trying to build on gains from…
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