Cotton futures are showing renewed strength as the market attempts to recover from recent weakness, with contracts moving higher while traders assess speculative positioning, export commitments, certified stocks and the wider influence of crude oil and the US dollar. The latest move has provided some support across the futures curve, although the broader market remains […]
US heating oil prices extended their decline below $4.50 per gallon on Friday, reaching their lowest level in one month as traders reacted to plans by G7 nations to consider releasing up to 100 million barrels of emergency oil and diesel reserves. French President Emmanuel Macron said the coordinated release is expected to take place […]
The Baltic Dry Index rose for a second consecutive session on Friday, gaining around 0.3% to 3,148 points as stronger rates for larger bulk carriers provided support. The move higher offered some relief after a difficult week for dry-bulk shipping markets, with the benchmark still recording an 8.1% weekly decline. The capesize segment led Friday’s […]
US gasoline futures fell below $3.30 a gallon, retreating further from their highest level in a week as reports of an emergency release of oil and diesel reserves by Group of Seven nations eased some of the immediate pressure on global fuel markets. President Emmanuel Macron said G7 nations had agreed to release 100 million […]
The Canadian dollar weakened to around C$1.42 per U.S. dollar in September, leaving the loonie near its lowest level in roughly 12 weeks as soft domestic growth and continued U.S. dollar strength weighed on the currency. The focus heading into Monday and the start of the new trading week will be whether the loonie can […]
Global markets enter the week with geopolitical risk, surging government bond yields and a heavy schedule of economic data likely to dominate trading conditions. The US-Iran standoff and developments surrounding the Strait of Hormuz will remain the biggest immediate market focus. Any progress toward reopening the key shipping route or ending the conflict in the […]
The British Pound (GBP) consolidates against the Japanese Yen (JPY), which is outperforming its currency peers on Friday. At press time, GBP/JPY is flat at around 208.55. Japanese Yen Price Today The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the strongest against the Canadian […]
The AUD/USD pair gathers strength to around 0.6940 during the early European trading hours on Friday. Markets might turn cautious later in the day ahead of the key US economic data and escalating conflicts in the Middle East. Traders will closely monitor the US employment data for September for fresh impetus. Economists expect job growth […]
The US Dollar (USD) trades marginally lower on Friday ahead of the United States (US) Nonfarm Payrolls (NFP) data for September at 12:30 GMT. In the early European trade, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades marginally lower to near 101.88, but is still close to its […]
The New Zealand dollar steadied around $0.561 on Friday, close to its weakest level since November 2025, as a stronger U.S. dollar and sharply higher oil prices continued to pressure the kiwi. The currency was on track for its longest streak of weekly losses since early 2025, with the kiwi down around 0.8% this week […]