EUR/JPY gains ground after two days of losses, trading around 176.10 during Asian hours on Friday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, indicating a persistent bearish bias. The EUR/JPY cross is extending a corrective tone as it holds beneath the nine- and 50-period Exponential Moving […]
The EUR/USD pair trades in negative territory around 1.1210 during the early European trading hours on Friday. Worries about France’s ability to tackle its huge debt burden have hurt French government bonds and exert some selling pressure on the Euro (EUR) against the US Dollar (USD). France’s benchmark 10-year government bond yield climbed 6.5 basis […]
The Indian rupee is leading currency losses in the latest foreign-exchange market update, falling 0.47%, while the Japanese yen declines 0.10% and the British pound slips 0.09%. The euro and US Dollar Index remain little changed, highlighting a mixed session across major currency markets. The rupee’s sharper decline places the Indian currency under greater pressure […]
Malaysian palm oil futures are holding above MYR 4,800 per tonne, with prices on track for a third consecutive weekly advance as robust export demand, strength in competing edible oils and tightening supply expectations support the market. Futures have gained nearly 1% so far this week, with concerns over potential production constraints and Indonesia’s upcoming […]
Gold prices are falling towards $4,000 per ounce, approaching their lowest levels in nearly three months as a deepening sell-off in technology and artificial intelligence stocks triggers widespread liquidation across precious metals. Investors are selling gold to cover losses and meet liquidity requirements elsewhere in their portfolios, placing additional pressure on prices despite continuing uncertainty […]
The New Zealand dollar is trading near a one-month high at approximately $0.569 against the US dollar, supported by growing expectations that the Reserve Bank of New Zealand (RBNZ) will continue tightening monetary policy to contain persistent inflation. The kiwi has gained 0.7% this week, marking its second consecutive weekly advance as markets increasingly price […]
Platinum futures have fallen below $1,560 per ounce, reaching their lowest level since November 2025, as a liquidity-driven sell-off across precious metals coincides with a broader equity market rout. Growing concerns about the sustainability of artificial intelligence investment are weighing on investor confidence, while forced liquidations and rising inflation risks are adding further pressure to […]
The US dollar index is hovering around 101.6, near a three-week low, as falling Treasury yields and heightened uncertainty across technology and artificial intelligence stocks weigh on the greenback. Demand for government bonds has increased amid a deepening equity selloff, pushing the benchmark 10-year Treasury yield below 5% and reducing expectations for further Federal Reserve […]
Soybean futures are recovering towards $12.60 per bushel after reaching a two-month low on October 21, with stronger US export demand led by China helping to end an eight-session losing streak. The latest USDA figures point to a substantial improvement in export sales and physical shipments, offering renewed support to the market despite ongoing pressure […]
US natural gas futures have fallen to $2.76 per MMBtu, their lowest level in two months, as forecasts for above-average temperatures across major US population centres reduce expectations for early-season heating demand. The decline comes despite supportive signals from below-average storage injections, strong liquefied natural gas (LNG) export demand and a recent reduction in domestic […]