EUR/USD Price Forecast: Trades below 1.1400, near two-month low ahead of Trump-Xi summit
EUR, Market Analysis
EUR/USD Price Forecast: Trades below 1.1400, near two-month low ahead of Trump-Xi summit
The EUR/USD pair drifts lower for the third straight day, hitting a fresh low since July 28 during the Asian session on Thursday, though it lacks follow-through. Spot prices currently trade around the 1.1380-1.1375 region, nearly unchanged for the day, as bears turn cautious ahead of a crucial meeting between US President Donald Trump and […]
by Currency Hedger
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- 1 month ago
Commodities, Technical Analysis
Soybean Prices Face Fresh Trade-Policy Risk as US-China Talks and Export Demand Shape the Outlook
Soybean futures are holding relatively firm as traders balance underlying demand expectations against renewed uncertainty surrounding US-China trade relations. The market is currently seeing mixed activity across soybeans, soybean meal and soybean oil, with positioning cautious ahead of high-level discussions between US and Chinese leaders. November 2026 soybeans are around $13.18 per bushel, while nearby […]
by Currency Hedger
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- 1 month ago
Commodities, Market Analysis, Technical Analysis
Corn Prices Slide as US-China Meeting Drives Risk Reduction While Global Supply Tightens
Corn futures are under pressure as traders reduce risk ahead of high-level US-China discussions, while the underlying supply picture remains mixed. The market is balancing near-term uncertainty around global trade with fresh export demand, a seasonal slowdown in US ethanol production and a lower European corn crop estimate. The December 2026 corn contract is trading […]
by Currency Hedger
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- 1 month ago
Commodities, Technical Analysis
Wheat Prices Under Pressure as Black Sea Ceasefire Talks and European Crop Outlook Weigh on Market
Wheat futures are under pressure across the major US markets, with Chicago SRW, KC HRW and Minneapolis spring wheat all facing selling pressure as traders balance geopolitical uncertainty against improving supply expectations. December Chicago SRW is around $7.08½ per bushel, while December KC HRW is near $7.71¾ and December Minneapolis spring wheat is around $7.29¾. […]
by Currency Hedger
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- 1 month ago
KRW, Market Analysis, Technical Analysis
South Korean Won Slides Toward 1,370 as US Yield Surge and $103 Oil Hit Currency
The South Korean won is weakening toward 1,370 per US dollar, reversing its recent rebound as a sharp rise in US Treasury yields strengthens the dollar and higher oil prices increase concerns over Korea’s import costs. The US 10-year Treasury yield has climbed to its highest level since July 2007, while stronger-than-expected US economic data […]
by Currency Hedger
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- 1 month ago
China 10Y Yield Holds at 2025 Low
China’s 10-year government bond yield fell to around 1.67% on Thursday, remaining near its lowest level since July 2025, even as uncertainty over the extension of the US-China trade truce persisted. US Treasury Secretary Scott Bessent said the US and China had agreed to extend the truce by two months through January 10. However, China […]
by Currency Hedger
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- 1 month ago
Market Analysis, Metals, Technical Analysis
Copper Retreats From Record High as Mine Disruptions Tighten Supply and AI Demand Builds
Copper futures are trading below $6.70 per pound, pulling back from record levels as a stronger US dollar and rising Federal Reserve rate expectations temporarily weigh on the metal. The retreat comes against an increasingly tight physical supply backdrop. The suspension of operations at BHP’s Escondida mine in Chile following the death of a worker […]
by Currency Hedger
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- 1 month ago
Commodities
Palm Oil Rebounds on Firmer Dalian, India Duty Cuts
Malaysian palm oil futures strengthened, hovering near MYR 4,790 per tonne after recent declines, boosted by a weaker ringgit, firmer edible oils on the Dalian market, and India’s decision to cut basic import duties on crude and refined vegetable oils ahead of the September–November festive season, in an effort to curb domestic food inflation. Supply […]
by Currency Hedger
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- 1 month ago
INR, Market Analysis, Technical Analysis, USD
Indian Rupee Slides Toward 96 as Oil Surge, US Yields and Foreign Outflows Increase Pressure
The Indian rupee is trading around 95.8 per US dollar, extending its decline as higher crude oil prices, a stronger US dollar and rising US Treasury yields combine to increase pressure on the currency. The immediate challenge for the rupee is the renewed rise in energy prices. Brent crude has reclaimed the $100-per-barrel level, increasing […]
by Currency Hedger
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- 1 month ago
U.S.–China Trade Truce Extended to January 10
Washington confirmed the U.S.–China trade truce will run until January 10, 2027, extending tariff relief and rare-earth flows beyond the November expiry. Treasury Secretary Scott Bessent announced the move Wednesday as China’s leader Xi Jinping arrived for a state visit, noting Beijing must deliver more commitments. The moratorium, first struck by Xi and Trump in […]
by Currency Hedger
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- 1 month ago