Market Analysis
Commodities, Market Analysis, Technical Analysis
Soybean Prices Rebound Towards $12.60 as China Buying Surges and US Export Shipments Jump 75%
Soybean futures are recovering towards $12.60 per bushel after reaching a two-month low on October 21, with stronger US export demand led by China helping to end an eight-session losing streak. The latest USDA figures point to a substantial improvement in export sales and physical shipments, offering renewed support to the market despite ongoing pressure […]
by Currency Hedger
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- 2 days ago
Energies, Market Analysis, Technical Analysis
US Natural Gas Prices Hit Two-Month Low at $2.76 as Mild Weather Forecasts Weigh on Heating Demand
US natural gas futures have fallen to $2.76 per MMBtu, their lowest level in two months, as forecasts for above-average temperatures across major US population centres reduce expectations for early-season heating demand. The decline comes despite supportive signals from below-average storage injections, strong liquefied natural gas (LNG) export demand and a recent reduction in domestic […]
by Currency Hedger
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- 2 days ago
Commodities, Market Analysis, Technical Analysis
Corn Prices Hover Near Two-Month Low at $4.60 as Weak US Shipments and Record Harvest Pressure Futures
Corn futures are holding near $4.60 per bushel, close to their lowest level in more than two months, as accelerating US harvest progress, weak export shipments and expectations for record domestic production continue to weigh on prices. Although new-crop export sales have strengthened, the improvement in forward bookings has not yet translated into stronger physical […]
by Currency Hedger
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- 2 days ago
INR, Market Analysis, Technical Analysis
Indian Rupee Rally Stalls Near 94.80 as Oil Surges Towards $115 and Dollar Demand Weighs on INR
The Indian rupee is struggling to extend its recovery against the US dollar, hovering around 94.80 per dollar as rising crude oil prices, persistent demand for US currency and capital outflows continue to weigh on the exchange rate. The reversal follows an eight-session rally that pushed the rupee to a more than six-week high near […]
by Currency Hedger
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- 2 days ago
GBP, Market Analysis, Technical Analysis
GBP/USD Price Forecast: Holds onto monthly high near 1.3410
The British Pound (GBP) reflects strength against the US Dollar (USD) on Thursday, trading firmly near the monthly high at around 1.3410 in the European trade. The GBP/USD pair strengthens as hot United Kingdom (UK) Consumer Price Index (CPI) data for September has boosted hawkish Bank of England (BoE) expectations. UK inflation surprise keeps BoE […]
by Currency Hedger
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- 3 days ago
EUR, GBP, Market Analysis, Technical Analysis
EUR/GBP Price Forecast: Attempting to regain 0.8400 after hitting oversold levels
The Euro (EUR) shows a mild bullish correction against the British Pound (GBP) on Thursday, following a more than 2.7% selloff from late September highs that had pushed the Relative Strength Index to heavily oversold levels in most timeframes. The EUR/GBP pair trades around 0.8390, after hitting fresh 17-month lows near 0.8370 on Wednesday, with […]
by Currency Hedger
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- 3 days ago
Energies, Market Analysis, Technical Analysis
WTI Price Forecast: Advances above mid-$98.00s as bullish setup backs additional gains
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh buyers on Thursday, climbing to the $98.70 zone during the Asian session. The commodity remains within striking distance of its highest level since September 15, touched earlier this week, amid Concerns about a further escalation of tensions in the Middle East […]
by Currency Hedger
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- 3 days ago
Commodities, Market Analysis, Technical Analysis
Wheat Prices Fall Across Chicago, Kansas City and Minneapolis as Black Sea Peace Talks Weigh on Futures
Wheat futures are facing renewed selling pressure as developments surrounding the Black Sea conflict raise expectations of improved grain export flows. Chicago soft red winter wheat, Kansas City hard red winter wheat and Minneapolis spring wheat all closed lower, with Kansas City contracts recording some of the steepest losses. December 2026 Chicago wheat futures settled […]
by Currency Hedger
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- 3 days ago
Market Analysis, Metals, Technical Analysis
Gold declines to one-week low, below $4,100 on Fed hike bets as bulls shrug off weak USD
Gold (XAU/USD) comes under some renewed selling pressure on Thursday and drops to a fresh one-week low during the Asian session, with bears now looking to extend the downward trajectory further below the $4,100 mark. The latest US inflation figures, released last week, reaffirmed market bets for an imminent interest rate hike by the Federal […]
by Currency Hedger
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- 3 days ago
EUR, Market Analysis, Technical Analysis
EUR/USD Price Forecast: Holds gains near 1.1250, but bearish bias holds below 100-day average
The EUR/USD pair trades in positive territory near 1.1245 during the early European trading hours on Thursday. Nonetheless, the potential upside might be limited amid fiscal concerns in France. European Central Bank (ECB) policymaker Fabio Panetta is scheduled to speak later on Thursday. French 10-year borrowing costs climbed above 5% for the first time in […]
by Currency Hedger
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- 3 days ago