Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) bears remain in control, with the top three cryptocurrencies correcting over 4%, 6% and 10%, respectively, last week and marking their fifth consecutive weeks of losses. BTC trades around $75,530 on Monday after closing below key Exponential Moving Averages (EMAs), leaving the $70,000 level as its next major […]
USD/CAD loses ground after two days of gains, trading around 1.4110 during Asian hours on Monday. However, downside momentum could be restrained as the US Dollar (USD) may regain ground. This potential strength is driven by rising odds of a December Federal Reserve rate hike after strong US labor data. Investors are now closely watching […]
Silver price (XAG/USD) appreciates after two days of losses, trading around $53.00 per troy ounce during the Asian hours on Monday. Silver price advances as declining oil prices eased inflationary pressures. Crude prices dropped after US President Donald Trump stated that further military strikes on Iran are “highly unlikely,” provided progress continues on Iran’s nuclear […]
The EUR/JPY cross trades in positive territory around 176.65 during the early European trading hours on Monday. However, the potential upside for the cross might be limited amid hawkish signals from the Bank of Japan (BoJ). The BoJ left rates unchanged last month but emphasized its resolve to combat inflationary risk, reinforcing market expectations of […]
The Indonesian rupiah is trading around IDR 18,100 per US dollar, remaining within a narrow range as external economic pressures and domestic political uncertainty continue to influence currency sentiment. A broadly stronger US dollar has limited the rupiah’s recovery following stronger-than-expected US employment data, which has reinforced expectations of a further Federal Reserve interest rate […]
The South Korean won strengthened towards 1,354 per US dollar, recovering from a four-week low as strong corporate dollar selling and continued export-related foreign currency inflows provided support. South Korean non-financial companies recorded net dollar sales of $286.57 billion during the first nine months of 2026, equivalent to 2.6 times the amount recorded over the […]
Copper futures have climbed above $6.30 per pound, recovering from levels near a four-month low as mounting signs of tightening supply in China provide renewed support to the industrial metal. Import premiums in the world’s largest copper-consuming market have surged to record highs, while inventories tracked by the Shanghai Futures Exchange have fallen sharply to […]
Soybean futures are recovering towards $12 per bushel, rebounding from a recent three-month low as renewed Chinese purchasing activity encourages bargain buying and supports sentiment across US agricultural markets. Fresh export sales to China have reinforced confidence in overseas demand, with the USDA confirming a private sale of 136,000 metric tons of US soybeans for […]
European natural gas prices have moved above €86/MWh but remain close to a two-week low as traders weigh hopes of a diplomatic resolution to the US-Iran conflict against persistent supply concerns across the energy market. Although President Donald Trump has suggested that further strikes on Iran are highly unlikely if negotiations make substantial progress, uncertainty […]
Crude oil prices are edging lower towards $90 per barrel, extending the previous week’s sharp decline as markets assess the possibility of a diplomatic breakthrough between the United States and Iran. President Donald Trump’s indication that further military strikes on Iran are highly unlikely if nuclear negotiations advance and the Strait of Hormuz reopens has […]