The Japanese yen is trading under renewed pressure against the US dollar, with USD/JPY around 157.75 as the pair recovers from Friday’s retracement decline. The move comes after the latest Bank of Japan meeting minutes and against a backdrop of elevated US Treasury yields and expectations for further Federal Reserve tightening. The policy divergence between […]
Currency is part of almost every financial decision we make. Whether you are running an international business, buying property overseas, receiving a salary in another currency, travelling internationally, investing abroad, paying suppliers, importing goods or simply holding savings in a foreign currency, exchange rates can have a direct impact on what your money is worth. […]
US natural gas prices fell to $3.16 per MMBtu on Friday as traders took profits after prices surged to a 13-week high in the previous session amid supply disruptions in West Virginia. TC Energy’s Columbia Gas Transmission pipeline in Appalachia declared force majeure due to an unexpected mechanical issue, prompting the biggest single-day gain in […]
Cocoa prices are extending their rebound as dry conditions across West Africa raise fresh concerns about the development of the 2026/27 crop. December ICE New York cocoa is trading around $5,600 per metric ton, while December London cocoa is near £4,200, with both markets posting a third consecutive session of gains. The immediate catalyst is […]
The Bank of Japan did exactly what the market expected, raising the interest rate by 25 basis points to 1.25%, the highest level since 1995. In a textbook scenario, such tightening should support the currency. Meanwhile, the yen reacted with a weakening, and the USDJPY pair dynamically returned above the 157 barrier. This is the […]
The oil market entered the week with traders expecting a potentially sharp increase in crude prices after a major escalation in Middle Eastern supply risks. Attacks by the Houthis, an Iranian-backed group, targeted more than 70 sites in Saudi Arabia, including the strategically important East-West pipeline, which allows Saudi crude to bypass the Strait of […]