The Euro (EUR) is down 0.18% to near 1.1238 against the US Dollar (USD) during the Asian trading session on Wednesday. The major currency pair faces selling pressure as the US Dollar regains ground after a corrective move the previous day. At press time, the US Dollar Index (DXY), which gauges the Greenback’s value against […]
WTI crude oil is trading near $89.50 per barrel, extending its advance as persistent risks to Middle East energy flows continue to outweigh signs of recovering regional supply. The latest strength reflects renewed concern over tanker attacks, disruptions around the Strait of Hormuz and ongoing military activity involving Iran and the Houthis. At the same […]
The USD/CAD pair edges higher during the Asian session on Wednesday, stalling the previous day’s retracement slide from the vicinity of its highest level since April 2025, touched at the start of this week. Spot prices, however, lack bullish conviction and currently trade just above the 1.4200 mark, up only 0.05% for the day, amid […]
The EUR/USD pair remains on the defensive near 1.1250 during the early Asian trading hours on Wednesday. The Euro (EUR) weakens against the US Dollar (USD) amid fears of France’s debt crisis. The Minutes of the Federal Open Market Committee (FOMC) will be in the spotlight later on Wednesday. France’s Finance Minister said the government […]
GBP/USD loses ground after registering modest gains in the previous day, trading around 1.3250 during Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) gains ground, driven by rising oil prices that could revive inflation concerns and expectations for further Federal Reserve (Fed) rate hikes. Traders await the Federal Open Market Committee […]
The New Zealand Dollar (NZD) faces selling pressure while attempting to extend the two-day recovery move above 0.5628 against the US Dollar. In the Asian trade on Wednesday, the NZD/USD pair is down 0.23% to near 0.5609. The Kiwi pair falls back as the US Dollar rebounds strongly after a sharp correction on Tuesday. The […]
US natural gas prices have climbed to around $3.13 per MMBtu, extending gains for a fourth consecutive session and reaching their highest level since September 25. The latest move higher is being supported by a combination of falling US production, stronger LNG feedgas demand and increasingly supportive weather forecasts. Lower output is tightening the near-term […]
The Japanese yen is trading around 158.5 per dollar, close to two-week lows, as the wide interest-rate differential between the United States and Japan continues to favour the US dollar. Japan’s relatively low domestic interest rates remain a key source of pressure, while the country’s heavy debt burden and expansionary fiscal direction are adding another […]
Platinum is trading around $1,700 an ounce, close to two-month lows, as elevated Treasury yields and stronger oil prices weigh on the broader precious metals complex. Higher energy prices are keeping inflation concerns elevated, while persistent fiscal risks and increased debt issuance linked to artificial intelligence infrastructure are contributing to upward pressure on longer-term yields. […]
US gasoline futures are extending their advance above $3.30 per gallon as a developing storm in the Gulf of Mexico threatens to disrupt refinery operations and add further pressure to an already tight fuel market. The immediate concern is the concentration of US refining capacity along the Gulf Coast. Refineries in Gulf states account for […]