EUR/USD falls 0.60% on Monday and trades around 1.1190 at the time of writing. The pair remains under pressure as the US Dollar (USD) maintains positive momentum, supported in part by elevated US Treasury yields, while political and fiscal concerns in Europe weigh on the Euro (EUR). The latest business activity data released on Monday […]
The global dry bulk freight market is showing renewed weakness, with the Baltic Dry Index falling to 3,070 points, its lowest level in more than a month. The decline reflects weaker rates across the major vessel classes, led by a sharper drop in Capesize freight. The move is important for commodity markets because dry bulk […]
The Swiss Franc (CHF) has retraced previous losses on Monday and trades practically flat against the US Dollar (USD), hardly affected by the bond market turmoil that has crushed investors’ appètite for risk. The USD/CHF pair bounced from 0.8225 lows on Friday but has been contained below a previous support area around 0.8320, which keeps […]
The US Dollar Index (DXY) is testing fresh yearly highs near the 102.50 zone, powered by independent Euro (EUR) weakness and relative resilience in the Federal Reserve’s (Fed) rate path. However, as expectations for an October rate hike diminish following softer inflation and payrolls data, the fundamental drivers behind the Greenback’s momentum are coming under […]
Facts: Recommendation: GBPUSD (D1) Source: xStation5 OPINION : The price is currently near the lower boundaries of two technical formations: a consolidation channel between approximately 1.385 and 1.302, and a narrowing ascending triangle. Looking at the regression line and the RSI indicator, the current setup creates favorable conditions for an upward correction toward approximately 1.385. […]
Key takeaways The euro is experiencing its worst day in weeks. The EURUSD pair fell to 1.1161, its lowest level since May 2025, following a fourth consecutive week of declines. The reason this time is not Fed policy, but a growing crisis of confidence surrounding French public finances, which is increasingly reminding investors of the […]
Global markets enter the new week with investors balancing three competing forces: renewed fiscal concerns in Europe, fading expectations for another Federal Reserve rate hike and increasingly stretched valuations across the technology sector. Europe is facing the greatest immediate political and bond-market pressure, with French yields elevated and the euro under renewed pressure. At the […]
Wheat prices are recovering towards $6.90 per bushel as renewed escalation risks between Russia and Ukraine raise concerns over the security of Black Sea grain supplies. The market is responding to the possibility that further attacks on critical infrastructure could disrupt exports through one of the world’s most important grain-trading regions. The latest developments increase […]
Copper prices are finding renewed support above $6.50 per pound as expectations for further Federal Reserve tightening ease following softer US employment data. Lower expectations for interest-rate increases are helping reduce pressure on non-yielding commodities, while longer-term demand prospects linked to data centres, electrification and renewable-energy infrastructure remain supportive. However, copper’s near-term outlook remains mixed. […]
The EUR/GBP cross attracts some sellers to around 0.8475 during the early European trading hours on Monday. The Euro (EUR) softens against the British Pound (GBP) as fiscal concerns in France in the wake of a steep bond market rout stoke contagion fears in the Eurozone. The turmoil in the bond market and the EUR’s […]