The EUR/USD pair trades in positive territory near 1.1245 during the early European trading hours on Thursday. Nonetheless, the potential upside might be limited amid fiscal concerns in France. European Central Bank (ECB) policymaker Fabio Panetta is scheduled to speak later on Thursday. French 10-year borrowing costs climbed above 5% for the first time in […]
Coffee futures are sending mixed signals as arabica prices recover while robusta comes under renewed pressure from rising exchange inventories and expectations of abundant global production. December New York arabica coffee futures advanced 1.56% on Wednesday, gaining 4.85, while November London robusta futures declined 1.70%, falling 58. The divergence reflects different supply dynamics across the […]
Cocoa futures are extending their recovery as declining near-term deliveries from the Ivory Coast, deteriorating West African crop prospects and emerging El Niño risks strengthen concerns over global supply. However, the rally faces significant resistance from rising ICE-certified inventories and mixed chocolate-processing demand, leaving the market balancing immediate supply disruptions against the risk of weaker […]
New York and London sugar futures extended their declines on Wednesday, with both markets coming under pressure from continued long liquidation, expectations for increased Indian sugar availability and improving prospects for Brazil’s sugar harvest. March 2027 New York Sugar No. 11 futures fell 0.07 cents, or 0.34%, while December 2026 London white sugar declined $3.40, […]
EUR/JPY loses ground for the second successive day, trading around 177.50 during Asian hours on Thursday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is maintaining a bearish near-term tone as it holds below both the nine- and 50-period […]
US cotton futures advanced across the market on Wednesday, with front-month contracts posting strong gains as traders assessed improving international price benchmarks, certified stock levels and broader commodity-market movements. December 2026 cotton futures closed at 81.83 cents per pound, up 95 points, while March 2027 futures gained 102 points to settle at 85.20 cents. May […]
US live cattle and feeder cattle futures are trading higher following a strong Wednesday session, with feeder cattle leading the advance as market participants assess livestock values, cash-market activity and weakening wholesale beef prices. Live cattle futures gained between 77 cents and $1.07, although several contracts finished more than $1 below their intraday highs. Feeder […]
The AUD/JPY cross trades in negative territory around 110.60 during the early European trading hours on Thursday. Hawkish remarks from Japanese authorities provide some support to the Japanese Yen (JPY) against the Australian Dollar (AUD). Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Wednesday that underlying inflation is moving securely toward the central […]
The Indonesian rupiah is extending its decline towards IDR 18,040 per US dollar as broad-based dollar strength, rising energy costs and domestic fiscal concerns weigh on investor sentiment. With the Federal Reserve’s next policy meeting approaching, expectations for unchanged US interest rates are doing little to ease pressure on emerging-market currencies. Domestically, oil prices around […]
US heating oil prices have climbed back above $4.80 per gallon, recovering part of the previous session’s decline of more than 3% as concerns over tight distillate supplies continue to support the market. The rebound comes despite plans by the US Department of Energy to release emergency heating oil stocks ahead of the winter season. […]