EUR/USD falls below 1.12 amid hawkish Fed’s Waller remarks
EUR, Hedging, Market Analysis, Technical Analysis, USD
EUR/USD falls below 1.12 amid hawkish Fed’s Waller remarks
Fed Governor Christopher Waller said the US economy appears to be strengthening noticeably in the second half of 2026, while the labor market remains “solid and stable” despite a slower pace of job creation. At the same time, he stressed that inflation remains too high and has been above the Fed’s target for around five […]
by Currency Hedger
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- 3 hours ago
Commodities
Palm Oil Soars as Weaker Ringgit, India Demand Buoy Sentiment
Malaysian palm oil futures surged over 3% to above MYR 4,650 per tonne, snapping recent declines as a weaker ringgit and firmer crude oil prices boosted competitiveness. Gains in rival edible oils on China’s Dalian exchange also lifted sentiment as markets reopened after Golden Week. In India, buyers secured about 150,000 tonnes in three days, […]
by Currency Hedger
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- 8 hours ago
Market Analysis, Metals, Technical Analysis
Zinc Market Outlook: Supply Constraints Keep Prices Supported Above $3,800
Zinc prices have rebounded above $3,800 per tonne, recovering from a more than six-week low as persistent supply constraints continue to support the market. The latest move comes as Western smelters face pressure from high energy costs and limited access to raw materials, creating uncertainty over refined zinc production. Western refined zinc output fell 3.4% […]
by Currency Hedger
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- 8 hours ago
Market Analysis, Metals, Technical Analysis
Copper Market Outlook: Chinese Demand and Chilean Supply Risks Support Prices
Copper prices are approaching $6.70 per pound, extending their weekly advance as Chinese traders return from a week-long holiday with a more optimistic outlook for industrial demand. Improving sentiment in China is providing fresh support to the copper market, while strong earnings from South Korean technology giant Samsung Electronics are reinforcing expectations for continued investment […]
by Currency Hedger
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- 8 hours ago
AUD, Market Analysis, Technical Analysis, USD
Australian Dollar declines to near 0.6950 on hawkish Fed Minutes
The AUD/USD pair declines to around 0.6965 during the Asian trading hours on Thursday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) after hawkish Minutes from the Federal Open Market Committee (FOMC). The US weekly Initial Jobless Claims report and the Fedspeak will be the highlights later in the day. According to meeting […]
by Currency Hedger
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- 9 hours ago
Metals
Silver Price Forecast: XAG/USD rebounds to near $60.50 despite soaring bond yields
Silver price (XAG/USD) gains ground after two days of losses, trading around $60.40 per troy ounce during the Asian hours on Thursday. However, non-yielding Silver may face mounting headwinds as US Treasury bond yields hover near their highest levels since 2002, dampening investor demand for precious metals. Meanwhile, elevated energy prices are stoking broader inflation […]
by Currency Hedger
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- 9 hours ago
Market Analysis, Technical Analysis, USD
United States Dollar Index retreats from YTD top; eyes 102.00 as bullish bias persists
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, drifts lower during the Asian session on Thursday and extends the previous day’s modest pullback from the vicinity of its highest level since April 2025. The index, however, holds above the 102.00 mark. Moreover, the supportive fundamental backdrop backs the case […]
by Currency Hedger
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- 9 hours ago
EUR, Market Analysis, Technical Analysis, USD
Euro recovers to near 1.1200 on softer US Dollar, eyes on France debt concerns
The EUR/USD pair recovers some lost ground to around 1.1200 during the early Asian session on Thursday. However, the potential upside for the major pair might be limited as France’s fiscal concerns continued to weigh on the Euro (EUR). Traders await the release of the US weekly Initial Jobless Claims report and the Fedspeak later […]
by Currency Hedger
- 0 Comments
- 9 hours ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen strengthens amid BoJ hike bets, intervention risks; bullish USD cap gains
The USD/JPY pair drifts lower during the Asian session on Thursday, extending the previous day’s pullback from a one-and-a-half-week high, around the 158.50 region. Spot prices, however, remain confined in a familiar range and currently trade near the lower end of the weekly range, around the 157.85-157.80 region, down 0.15% for the day. Data released […]
by Currency Hedger
- 0 Comments
- 9 hours ago
GBP, Market Analysis, Technical Analysis, USD
British Pound slips due to stable US Dollar, rising oil prices
GBP/USD remains subdued for the second successive day, trading around 1.3210 during the Asian hours on Thursday. The pair inches lower as the US Dollar (USD) holds its ground, bolstered by elevated US Treasury bond yields that have climbed near their highest levels since 2002. Meanwhile, a recent spike in oil prices has reignited concerns […]
by Currency Hedger
- 0 Comments
- 9 hours ago