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Soft Commodities
Corn Posts Front Month Losses
Corn futures rounded out Monday trade, with contracts down fractionally to 5 ½ cents in the nearbys. Deferred new crop…
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Metals
Gold rises for fifth day on Middle East tensions, modest USD pullback
Gold attracts buyers for the fifth straight day amid rising tensions in the Middle East. A modest USD pullback from…
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Metals
XAG/USD falls to near $89.00 amid US Dollar strength
Silver price edges lower to around $89.25 in Tuesday’s early Asian session. Trump vows to respond to Riyadh embassy attack,…
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Forex
USD/JPY Price Forecast: Holds onto gains near monthly high above 157.00
USD/JPY trades broadly firm above 157.00 amid the US-Israel war with Iran. Higher oil prices have pushed the JPY on…
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Forex
GBP/USD Price Forecast: Hovers around 1.3400 with bearish pressure intact
GBP/USD may find primary support near the 1.3350 reversal zone. The 14-day Relative Strength Index at 39 signals sustained bearish…
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Forex
EUR/USD seems fragile below 1.1700 as Middle East war boosts energy prices
EUR/USD struggles to regain ground amid surging oil prices due to the war between the US, Israel, and Iran. Tehran…
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Forex
AUD/USD Eyes fresh upside move above 0.7150 on hawkish RBA bets
AUD/USD jumps to near 0.7110 as the AUD outperforms amid hawkish RBA expectations. RBA’s Bullock stated that the central bank…
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Forex
GBP/JPY slides back below 211.00 mark amid geopolitical tensions, BoE-BoJ divergence
GBP/JPY attracts some sellers on Tuesday and is pressured by a combination of factors. The UK political uncertainty and BoE…
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Markets
US Dollar Index steadies near 98.50 amid safe haven demand
US Dollar Index appreciated as safe-haven demand increased due to the Middle East war. President Trump says the “big wave”…
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Forex
EUR/JPY Declines below 184.00, but uptrend intact above EMA
EUR/JPY trades with mild losses near 183.90 in Tuesday’s early European session. Broader uptrend remains intact above the 100-day EMA,…
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