Silver price (XAG/USD) trades higher at around $61.10 in the Asian trade on Monday, holding onto Friday’s gains. The white metal reflects strength as United States (US) bond yields have come under pressure due to a decline in oil prices in the wake of Russia-Ukraine ceasefire, announced by President Donald Trump. As of writing, the […]
EUR/JPY gains ground for the third successive day, trading around 177.40 during Asian hours on Monday. Liquidity would be thin, although it is the best opportunity for ‘Yentervention’. Technical analysis of the daily chart shows that the currency cross is moving downward within the descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Chinese yuan has strengthened to around 6.69 against the US dollar, reaching its highest level since July 2022 as the dollar-yuan exchange rate extends its decline. USD/CNY has fallen 0.27% over the past four weeks and 6.26% over the past 12 months, indicating a […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The New Zealand dollar is trading near $0.560 against the US dollar, hovering close to its weakest level since November 2025 as a fragile domestic recovery, unfavourable interest-rate differentials and geopolitical uncertainty weigh on sentiment. Although the Reserve Bank of New Zealand (RBNZ) has raised […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The Indian rupee has strengthened to around 95.82 per US dollar, recovering from near-record lows after the Reserve Bank of India (RBI) introduced new measures designed to ease depreciation pressures. The central bank’s intervention targets a major source of dollar demand from state-owned oil companies, […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets The South Korean won is trading around 1,333 per US dollar, reaching its strongest level since October 2024 as record export performance, robust semiconductor shipments and a trade surplus strengthen the currency’s outlook. South Korea’s technology-driven export growth is providing a solid fundamental foundation for […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets US heating oil prices remain under pressure below $4.60 per gallon as traders weigh the prospect of increased fuel supplies against continuing geopolitical risks to global energy markets. Expectations of additional diesel supplies from Russia, a possible Russia–Ukraine energy ceasefire and calls for governments to […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets US gasoline prices are moving towards $3.20 per gallon as traders assess the prospect of improved fuel availability following claims of an immediate energy ceasefire between Russia and Ukraine. Expectations of additional Russian diesel supplies, alongside the temporary easing of US sanctions on Russian fuel, […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Gold prices have climbed above $4,200 per ounce, extending gains for a third consecutive session as lower oil prices help ease concerns about inflation. Expectations that additional Russian diesel supplies could improve fuel availability have weighed on energy prices, potentially reducing pressure on inflation and […]
Contributor: Currency Hedger | Market Analysis: Louis Roche, Today Markets Crude oil prices are moving towards $90 per barrel as expectations of additional Russian diesel supplies weigh on energy markets, interrupting a two-session rally. Hopes that Moscow could partially ease restrictions on fuel exports have raised the prospect of improved global product availability, potentially reducing […]