Wheat Climbs Nearly 2% as US-China Trade Optimism Raises Prospects for Agricultural Demand
Commodities, Market Analysis
Wheat Climbs Nearly 2% as US-China Trade Optimism Raises Prospects for Agricultural Demand
Wheat climbed nearly 2% toward $7.30 per bushel in mid-September, rebounding from a three-week low recorded on September 18, as renewed US-China trade engagement increased optimism ahead of the planned Trump-Xi summit. Officials from both countries, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, met over the weekend. Bessent described […]
by Currency Hedger
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- 1 month ago
Market Analysis, Metals
Copper Extends Rally for Fifth Session as Chinese Demand Strengthens and Mine Disruptions Tighten Supply
Copper futures climbed to around $6.65 per pound on Monday, extending gains for a fifth consecutive session as stronger indicators of Chinese demand and concerns over tightening global supply continued to support the market. The Yangshan copper premium, an important indicator of physical copper demand in China, rose to $121 per tonne last week, its […]
by Currency Hedger
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- 1 month ago
Currency Talk, USD
Rupiah Holds Near IDR 17,810 as BI Meeting Looms
The Indonesian rupiah was little changed on Monday, hovering near IDR 17,810 per U.S. dollar after a seven-session losing streak, as traders positioned for Bank Indonesia’s policy decision this week. The central bank will begin its two-day meeting Tuesday, after leaving key rates unchanged at 5.75% for a second straight month in August following 100bps […]
by Currency Hedger
- 0 Comments
- 1 month ago
JPY, Technical Analysis, USD
USD/JPY Outlook: Japanese Yen Rebounds as BoJ Intervention Fears Intensify Near 158 Resistance
The Japanese yen staged a sharp recovery against the U.S. dollar on Friday, reversing a substantial portion of its earlier losses after reports that Bank of Japan officials had been checking yen prices with market dealers. The move came after the Bank of Japan raised its policy rate from 1.00% to 1.25%, but the yen […]
by Currency Hedger
- 0 Comments
- 2 months ago
Metals, Technical Analysis
Gold Price Outlook: XAU/USD Recovers Toward $4,400 as Dollar Rally Loses Momentum
Gold prices are heading into Monday trading with renewed upside momentum after XAU/USD rebounded 0.89% on Friday and climbed back toward $4,379, recovering from the nearly two-month low of $4,235 reached earlier in the week. The recovery is notable because it comes despite the Federal Reserve delivering a 25-basis-point rate hike, taking its benchmark interest-rate […]
by Currency Hedger
- 0 Comments
- 2 months ago
JPY, Market Analysis, Technical Analysis
USD/JPY Outlook: Dollar Holds Above 156 as BoJ Rate Hike Fails to Lift the Yen
USD/JPY enters Monday trading with the US Dollar firmly supported against the Japanese Yen after the pair surged 0.63% on Friday and reached a daily high of 158.06 before pulling back toward 156.95-156.98. The Japanese Yen weakened despite the Bank of Japan (BoJ) raising its policy rate by 25 basis points to 1.25%, its highest […]
by Currency Hedger
- 0 Comments
- 2 months ago
Metals, Technical Analysis
Silver Price Outlook: Silver Holds Above Key Support as XAG/USD Targets $68 Resistance
Silver prices are heading into Monday trading with a constructive near-term bias after XAG/USD advanced on Friday and reached around $66.76, its highest level since September 10. Silver is also on track to finish the week more than 3% higher, although the broader technical picture remains cautious as trend strength continues to show limited conviction. […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional, Rabobank
Eurozone: Energy shock reshapes outlook – Rabobank
Rabobank strategists Bas van Geffen and Elwin de Groot highlight that sharply higher Oil and natural gas forecasts will lift headline Eurozone inflation by about 0.5 percentage points in 2026 and 2027. They now see inflation peaking around 4.4% year-on-year in early 2027, with core inflation only modestly higher, and expect sluggish disinflation to keep the ECB deposit rate […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional
British Pound: Limited upside after hawkish BoE hold – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the British Pound (GBP) is only marginally firmer versus the US Dollar (USD) despite stronger-than-expected August retail sales. They argue Thursday’s hawkish Bank of England (BoE) hold may cap near-term gains, even as UK politics remain supportive with continued confidence in the government’s fiscal responsibility. Technically, the broader […]
by Currency Hedger
- 0 Comments
- 2 months ago
Institutional, OCBC
Taiwan Dollar: Mildly hawkish CBC but flows drive – OCBC
OCBC strategist Christopher Wong highlights that Taiwan’s CBC kept its policy rate at 2% for a tenth straight quarter with a mildly hawkish tone, sharply raising 2026 growth and inflation forecasts while flagging sticky services inflation. However, the bank stresses that near-term USD/TWD direction will be driven more by foreign equity flows, tech sentiment and […]
by Currency Hedger
- 0 Comments
- 2 months ago