Silver Price Forecast: XAG/USD falls to near $60.50 as US Treasury yields rise
Metals, Technical Analysis
Silver Price Forecast: XAG/USD falls to near $60.50 as US Treasury yields rise
Silver price (XAG/USD) pares its recent gains from the previous day, trading around $60.70 per troy ounce during Asian hours on Tuesday. Silver remains locked near two-month lows as a resilient US Dollar (USD) and surging Treasury yields continue to overshadow supportive economic drivers. While softer US employment figures and diminished expectations for an October […]
by Currency Hedger
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- 3 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen steadies amid expansionary fiscal plans, rate hike uncertainty
USD/JPY moves little after posting minor gains in the previous day, trading around 157.90 during Asian hours on Tuesday. The currency pair has steadied into a tight trading range following recent developments in Japanese fiscal policy. Japan’s Prime Minister, Sanae Takaichi, is pushing forward with expansionary economic measures despite persistent concerns surrounding the weak Yen […]
by Currency Hedger
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- 3 days ago
BoJ may indicate underlying inflation is near the 2% target, sources say
The Bank of Japan (BoJ) could indicate later this month that underlying inflation has reached nearly its 2% target, according to three sources familiar with the central bank’s thinking. Such a signal would underscore the BoJ’s willingness to resume raising interest rates in the coming months. While the announcement would be largely symbolic, it could […]
by Currency Hedger
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- 3 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests 177.50 after rebounding from descending channel bottom
EUR/JPY halts its seven-day losing streak, trading around 177.40 during Asian hours on Tuesday. Technical analysis of the daily chart shows that the currency cross is remaining close to the lower boundary of the descending channel, suggesting the price holds support and a temporary bounce. However, a break below the channel would signal accelerating downward […]
by Currency Hedger
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- 3 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Strengthens above 110.00, while bearish technical bias persists
The AUD/JPY cross trades in positive territory near 110.20 during the early European trading hours on Tuesday. Traders await the speech from the Bank of Japan (BoJ) Governor Kazuo Ueda later on Tuesday for more clues on the interest rate outlook. The BoJ could indicate later this month that underlying inflation has reached nearly its […]
by Currency Hedger
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- 3 days ago
Market Analysis, Metals, Technical Analysis
Gold hits two-month low as bears await break below $4,100 amid sustained USD strength
Gold (XAU/USD) attracts fresh sellers following the previous day’s consolidative price move and drops to a two-month low during the Asian session on Tuesday, with bears now awaiting a break below the $4,100 mark before positioning for further losses. Despite receding October Federal Reserve (Fed) rate hike bets, the US Dollar (USD) retains its bullish […]
by Currency Hedger
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- 3 days ago
Energies, Market Analysis, Technical Analysis
WTI Price Forecast: Bulls seem hesitant near $89.00 amid easing supply risks
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – edges higher during the Asian session on Tuesday, reclaiming the $89.00 mark and snapping a two-day winning streak. The black liquid, however, remains close to a four-week low, touched last Friday, amid mixed fundamental cues. The geopolitical risk premium remains in play amid […]
by Currency Hedger
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- 3 days ago
Commodities, Market Analysis, Technical Analysis
Palm Oil Prices Edge Higher as Traders Await Malaysian Supply Data
Malaysian palm oil futures are holding near MYR 4,580 per tonne, extending their recovery as a weaker ringgit and firmer crude oil improve the commodity’s competitive position as a biodiesel feedstock. The market is now turning its attention toward Malaysian supply and inventory data, with expectations that stocks could reach a seasonal peak. At the […]
by Currency Hedger
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- 3 days ago
India Services PMI Revised Downward
The HSBC India Services PMI was revised lower to 55.2 in September 2026 from the preliminary estimate of 55.8, after a final reading of 54.1 in the previous month and below the market forecast of 56.2. Still, it marked the strongest growth in the services sector since June, supported by stronger output growth amid robust […]
by Currency Hedger
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- 3 days ago
Commodities, Market Analysis, Technical Analysis
Wheat Prices Rally as US Planting Lags While Saudi Demand Supports the Market
Wheat prices are strengthening across the major US futures markets as slower winter wheat planting, fresh Saudi purchasing and improving export interest provide support. Chicago SRW, Kansas City HRW and Minneapolis spring wheat are all trading higher, although weak US export shipments remain a significant constraint on the outlook. The market is therefore balancing developing […]
by Currency Hedger
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- 3 days ago