Technical Analysis
BRL, Market Analysis, Technical Analysis
Brazilian Real Crashes Against the US Dollar as Lula’s Election Victory Sparks Fiscal Fears
Brazil’s real faces renewed pressure against the US dollar after President Luiz Inácio Lula da Silva secured a surprise re-election victory, triggering concerns over the country’s fiscal outlook, political stability and the direction of economic policy. The currency reportedly plunged more than 12% to 5.60 per US dollar, its weakest level since late May 2025. […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Wheat Price Forecast: Futures Hold Near 15-Week Low at $6.30 as Rising Global Supply Weighs on Prices
Wheat futures are holding near $6.30 per bushel, close to their lowest level since July 9, as expectations of improved Black Sea grain trade and rising global production weigh on market sentiment. Hopes for progress towards ending the Russia-Ukraine war have reduced some of the geopolitical risk premium in wheat prices, while increasing shipments from […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
Chart of the day: European gas ever closer to 100 EURMWh
Key takeaways European natural gas (NATGAS.EU, a contract based on Dutch TTF) is trading today at 95.41 EUR/MWh, and in early trading the price reached as high as 97.5 EUR/MWh, the highest level since 2022. This is a continuation of one of the most dynamic price rallies in commodity markets this year: +8.78% weekly, +35.51% […]
by Currency Hedger
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- 3 weeks ago
EUR, GBP, Market Analysis, Technical Analysis
Euro tests 0.8400 against British Pound as German business climate beats expectations
The Euro (EUR) extends gains against the British Pound on Monday, following the release of a better-than-expected German IFO Business Climate report. The EUR/GBP pair has reversed a previous pullback and is testing the 0.8400 level at the time of writing, posting a 0.3% recovery from the year-to-date lows near 0.8360 hit earlier on Friday. […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Copper Price Forecast: Futures Fall Below $6.50 as AI Sector Concerns Weigh on Demand Despite Global Supply Risks
Copper futures are trading below $6.50 per pound, hovering near multi-week lows as concerns surrounding the artificial intelligence sector weaken investor risk appetite. The industrial metal is retreating from the record highs reached last month, with uncertainty over technology-sector valuations, US copper tariff policy and global economic conditions weighing on market sentiment. The decline comes […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Iron Ore Price Forecast: Prices Slide Towards CNY 670 as Weak Chinese Steel Profits Hit Demand
Iron ore prices are approaching CNY 670 per tonne, hovering near four-year lows as weakening profitability among Chinese steelmakers undermines demand prospects. The decline reflects growing pressure on the steel industry’s economics, with lower blast furnace operating rates pointing to softer production activity and reduced appetite for raw materials. Data from 247 Chinese steel mills […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Metals Market Update: Lithium Carbonate Rises 1.34% as Silver and Gold Advance
Metals markets are showing mixed performance in the latest commodity snapshot, with lithium carbonate leading the gainers at 1.34%, followed by silver, up 0.55%, and gold, which advances 0.46%. On the downside, platinum falls 0.82%, while iron ore traded in Chinese yuan declines 0.67%. The contrasting moves highlight differing price dynamics across battery materials, precious […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Agricultural Commodities Forecast: Soybeans Drop 1.32% as Cotton and Corn Also Decline
Agricultural commodity markets are under pressure in the latest market snapshot, led by a 1.32% decline in soybeans. Cotton follows with a 1.10% loss, while corn falls 0.83%, placing three major agricultural commodities among the leading market decliners. Rubber moves in the opposite direction, rising 1.10% to lead the reported commodity gainers. The divergence highlights […]
by Currency Hedger
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- 3 weeks ago
INR, Market Analysis, NOK, Technical Analysis, USD
FX Market Update: Norwegian Krone Leads Currency Gains as Indian Rupee Weakens
The Norwegian krone leads the latest currency-market performance, rising 0.50%, followed by the Swedish krona, up 0.25%, and the euro, which gains 0.16%. The moves highlight a mixed foreign-exchange landscape, with gains among selected European currencies contrasting with renewed weakness in the Indian rupee and modest losses for the US dollar index and Japanese yen. […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
WTI Crude Oil Price Forecast: Pulls Back Below $100.50 as Middle East Risks Sustain Bullish Potential
WTI crude oil prices are retreating after opening the new week on a weaker footing, slipping below $100.50 as hopes of easing hostilities in the Middle East prompt some profit-taking following a recent five-month high. However, the broader bullish outlook remains supported by unresolved geopolitical risks, with the standoff involving Iran, Yemen’s Houthi movement and […]
by Currency Hedger
- 0 Comments
- 3 weeks ago