Technical Analysis
Commodities, Market Analysis, Technical Analysis
Live Cattle Futures Slide as Cash Prices Ease, While Boxed Beef Values Strengthen
US live cattle futures came under pressure, with most contracts closing lower as the market reacted to softer cash cattle indications and weaker feeder cattle auction prices. December 2026 live cattle fell $1.25 to $219.70, while February and April contracts also recorded losses. The wider cattle market is showing mixed signals. Cash trade was reported […]
by Currency Hedger
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- 2 weeks ago
Commodities, Market Analysis, Technical Analysis
Corn Prices Edge Higher as USDA Reports 1.73 Million Tonnes in New Mexico Sales and Harvest Progress Lags Average
US corn futures are holding modest gains, with contracts across the board finishing between half a cent and 2 cents higher. Fresh export business, including a substantial private sale to Mexico, is providing support, while ethanol demand remains slightly above year-ago levels. However, the broader supply and demand picture remains mixed. The US harvest is […]
by Currency Hedger
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- 2 weeks ago
Commodities, Market Analysis, Technical Analysis
US Wheat Prices Edge Higher as Winter Crop Conditions and Record-Low Export Shipments Shape Market Outlook
US wheat futures are trading modestly higher across the major exchanges, with Chicago SRW, Kansas City HRW and Minneapolis spring wheat contracts recording gains across most maturities. However, the latest USDA export inspection figures reveal a significant slowdown in weekly shipments, with wheat exports falling to their lowest level since records began in 1983. The […]
by Currency Hedger
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- 2 weeks ago
Market Analysis, Metals, Technical Analysis
Copper Prices Fall Towards $6.40 as Technology Sell-Off Revives AI Valuation Concerns
Copper prices have come under renewed pressure, with futures slipping towards $6.40 per pound, as selling across technology stocks weighs on sentiment towards the metal’s long-term demand outlook. The latest decline reflects growing concerns about artificial intelligence valuations and the sustainability of investment in data centres, power grids and electrical infrastructure. Copper is a critical […]
by Currency Hedger
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- 2 weeks ago
Commodities, Market Analysis, Technical Analysis
Soybean Prices Slide as Futures Lose 17.5 Cents Despite Strong Chinese Demand and Record-Low Soybean Oil Stocks
US soybean futures came under renewed pressure, with prices declining across the board despite continued export demand from China, strong year-on-year shipment growth and a significant reduction in soybean oil inventories. The November 2026 soybean contract closed at $12.04¾ per bushel, down 17½ cents, while January 2027 futures also lost 17½ cents to finish at […]
by Currency Hedger
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- 2 weeks ago
Hedging, Market Analysis, Technical Analysis
Week Ahead Market Outlook: US Midterm Elections, Payrolls, Bank of England Decision and AI Earnings in Focus
Global financial markets enter a potentially pivotal week, with investors assessing the aftermath of the technology sell-off, the outlook for artificial intelligence investment, US political uncertainty and a packed calendar of economic data. The focus shifts towards the US Midterm elections, the latest employment figures, global manufacturing and services activity, European inflation and the Bank […]
by Currency Hedger
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- 2 weeks ago
Energies, Market Analysis, Technical Analysis
WTI Price Forecast: Extends correction below $100
West Texas Intermediate (WTI), futures, on NYMEX, is down 2.25% to near $99.80 during the European trade on Monday. The oil price extends its correction that started after failing to progress the rally above $104.03, the five-month high posted on Friday. The WTI price comes under pressure as fears of prolonged energy supply risks have […]
by Currency Hedger
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- 2 weeks ago
EUR, Market Analysis, Technical Analysis, USD
Euro strengthens above 1.1150 as Eurozone GDP beats forecasts, US midterm election looms
The EUR/USD pair gathers strength to near 1.1175 during the early European trading hours on Monday. The Euro (EUR) edges higher against the US Dollar (USD) as the Eurozone and German Gross Domestic Product (GDP) data beat forecasts in the third quarter (Q3). Traders await Germany’s Retail Sales and US ISM Manufacturing Purchasing Managers Index […]
by Currency Hedger
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- 2 weeks ago
EUR, GBP, JPY, KRW, Market Analysis, Technical Analysis
South Korean Won Leads Currency Losses as KRW Falls 0.73%, While Euro Advances
The South Korean won is leading losses across major currencies, depreciating by 0.73%, while the Japanese yen also trades lower. The euro is outperforming its peers with a 0.21% gain, while the British pound and US dollar index remain broadly unchanged. The latest currency movements highlight a mixed foreign-exchange market, with weakness concentrated in selected […]
by Currency Hedger
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- 2 weeks ago
Energies, Market Analysis, Technical Analysis
Heating Oil Prices Slide to Four-Week Low at $4.56 as US-Iran Diplomacy Eases Supply Fears
US heating oil prices have fallen to $4.56 per gallon, reaching their lowest level in four weeks as diplomatic efforts to resolve the US-Iran conflict reduce concerns about further military escalation. Prospects of increased diesel and refined fuel availability are also weighing on prices, although inventories remain significantly below seasonal norms, leaving the market vulnerable […]
by Currency Hedger
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- 2 weeks ago