The EUR/JPY cross trades in positive territory around 176.85 during the early European session on Friday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY). Japanese Finance Minister Satsuki Katayama said on Friday that the officials are observing one-sided, swift foreign exchange shifts recently. Katayama added […]
The NZD/USD pair declines to near 0.5545 during the Asian trading hours on Friday. Growing bets of a larger Federal Reserve (Fed) rate hike in December provide some support to the US Dollar (USD) and act as a headwind for the pair. Traders will keep an eye on the US October Producer Price Index (PPI) […]
USD/CAD moves little after two days of gains, trading around 1.4250 during Asian hours on Friday. However, the pair may appreciate as the US Dollar (USD) could receive support from persistent inflation concerns and expectations of higher interest rates. Traders will take more cues from the US October Producer Price Index (PPI) report later on […]
European natural gas prices have climbed above €95/MWh, reaching their highest level in two weeks as colder weather expectations combine with tightening Norwegian pipeline supplies and continued disruption to LNG shipments from the Middle East. The market is entering a more sensitive period as Europe approaches the winter heating season. Colder conditions are forecast across […]
The Japanese yen remained under significant pressure on Friday, trading near the psychologically important 160-per-dollar level after sustained selling throughout the week. The decline has prompted fresh warnings from Japanese authorities, who have indicated that intervention remains an option if currency movements become excessive or disorderly. The latest comments highlight growing concern among policymakers about […]
The US dollar index remained above 103 on Friday, extending a rally that has taken the currency to its highest level since April 2025. The dollar has gained for three consecutive sessions as stronger-than-expected US inflation data and increasingly hawkish Federal Reserve commentary have reinforced expectations of further monetary tightening. The shift in interest-rate expectations […]
Government bond yields moved broadly higher on Friday, reflecting a widespread increase in yields across major sovereign debt markets. New Zealand and Japan recorded the largest gains, with their 10-year government bond yields rising by approximately 9 and 8 basis points respectively. The advance was relatively broad-based, although the US Treasury market moved in the […]
Gold prices are attempting to stabilise above $3,900 per ounce, recovering on Friday after three consecutive sessions of losses. However, the rebound has done little to change the broader market picture, with bullion still heading towards a sharp weekly decline as a stronger US dollar and rising Treasury yields weigh on demand for the precious […]
Today Markets Analysis Crude oil prices are holding near $89 per barrel on Friday after advancing in the previous session, as renewed uncertainty surrounding US-Iran relations keeps geopolitical supply risks firmly in focus. President Donald Trump’s latest comments have weakened expectations of a diplomatic agreement with Tehran, reinforcing concerns that the conflict could remain unresolved […]
US heating oil futures are holding near $4.28 per gallon after recovering from their lowest levels since early August, as persistent geopolitical tensions continue to support energy prices despite a significant increase in US distillate inventories. The market is balancing two opposing forces. Escalating geopolitical risks involving Iran, continued attacks on Middle Eastern shipping and […]