XAG/USD gains near $61.00 as Fed rate hike odds decline
Metals
XAG/USD gains near $61.00 as Fed rate hike odds decline
Silver price (XAG/USD) gains ground after registering losses in the previous day, trading around $61.00 per troy ounce during Asian hours on Friday. Non-yielding Silver gains support as softer-than-expected US employment figures reduced expectations for further interest rate hikes by the Federal Reserve (Fed). Financial markets now price in nearly a 77.9% chance that the […]
by Currency Hedger
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- 1 month ago
BoJ’s Uchida: AI has become a major focus among central banks, including at BoJ policy meetings
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that Artificial Intelligence (AI) has become a major focus among central banks, including at BoJ monetary policy meetings. Key quotes Adoption of AI could have both positive and negative effects on productivity and labor markets. AI has become a major focus among central banks, […]
by Currency Hedger
- 0 Comments
- 1 month ago
Market Analysis, Technical Analysis, USD
United States Dollar Index gathers strength above 102.00 on safe-haven flows
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 102.20 in the early Asian trading hours on Monday. The DXY holds positive ground amid safe-haven flows. Traders await the US ISM Services Purchasing Managers Index (PMI) report on Monday for fresh impetus. […]
by Currency Hedger
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- 1 month ago
Energies, Technical Analysis
WTI drops to near $89.00 as G7 taps emergency reserves
West Texas Intermediate (WTI) oil price extends its losses for the second successive day, trading around $89.30 during Asian hours on Monday. Crude oil prices experienced a decline after G7 nations agreed to release 100 million barrels of crude and diesel from emergency reserves, pledging to avoid energy export restrictions following pressure from US President […]
by Currency Hedger
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- 1 month ago
GBP, Market Analysis, Technical Analysis, USD
British Pound softens as US Dollar gains despite easing Fed rate hike odds
GBP/USD inches lower after posting modest gains in the previous day, trading around 1.3240 during Asian hours on Monday. The currency pair is under downward pressure as the US Dollar (USD) gains strength ahead of the upcoming US ISM Services Purchasing Managers Index release. However, market participants have scaled back expectations for an upcoming Federal […]
by Currency Hedger
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- 1 month ago
EUR, Market Analysis, Technical Analysis, USD
Euro softens below 1.1250 on France’s fiscal risk
The EUR/USD pair loses momentum to around 1.1245 during the early Asian session on Monday. The Euro (EUR) weakens against the US Dollar (USD) amid fears over France’s shaky fiscal trajectory. The US ISM Services Purchasing Managers Index (PMI) report is due later on Monday. French Prime Minister Sébastien Lecornu’s minority government unveiled a highly […]
by Currency Hedger
- 0 Comments
- 1 month ago
Institutional, Market Analysis
BoJ’s Uchida: AI has become a major focus among central banks, including at BoJ policy meetings
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that Artificial Intelligence (AI) has become a major focus among central banks, including at BoJ monetary policy meetings. Key quotes Adoption of AI could have both positive and negative effects on productivity and labor markets. AI has become a major focus among central banks, […]
by Currency Hedger
- 0 Comments
- 1 month ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar languishes near April 2025 lows as USD bulls look past weak NFP report
The USD/CAD pair holds steady above mid-1.4200s during the Asian session on Monday, trading near its highest level since April 2025, set last week. Moreover, the supportive fundamental backdrop seems tilted in favor of bulls and backs the case for an extension of the recent well-established uptrend witnessed over the past month or so. The […]
by Currency Hedger
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Gold holds gains above $4,150 as traders trim bets on Fed rate hikes
Gold price (XAU/USD) gains momentum to near $4,160 during the early Asian trading hours on Monday. The precious metal rebounds as weaker-than-expected US Nonfarm Payrolls (NFP) data weigh on the US Dollar (USD). Traders trim bets on US Federal Reserve (Fed) rate hikes after jobs data. US NFP rose by 29K in September, according to […]
by Currency Hedger
- 0 Comments
- 1 month ago
Market Analysis, NZD, Technical Analysis, USD
New Zealand Dollar Remains Under Pressure as US Dollar Strength and Energy Costs Weigh
The New Zealand dollar remains subdued around $0.559, close to its lowest level since November 2025, as continued US dollar strength weighs on the currency. While softer US employment data have reduced expectations for another Federal Reserve rate hike in the near term, the dollar continues to benefit from defensive demand and persistent uncertainty across […]
by Currency Hedger
- 0 Comments
- 1 month ago