Canadian Dollar hangs near April 2025 lows as USD sticks to bullish tone amid hawkish Fed
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar hangs near April 2025 lows as USD sticks to bullish tone amid hawkish Fed
The USD/CAD pair retains its bullish undertone on Thursday, trading around the 1.4265 region during the Asian session, well within striking distance of the highest level since April 2025, touched earlier this week. Moreover, the supportive fundamental backdrop suggests that the path of least resistance for spot prices remains to the upside and backs the […]
by Currency Hedger
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- 21 hours ago
Energies, Market Analysis, Technical Analysis
WTI posts modest gains above $88.50 on unexpected EIA draw, Middle East conflicts in focus
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.55 during the early Asian trading hours on Thursday. WTI posts modest gains as US crude oil inventories fell unexpectedly last week. Traders will focus on fresh Houthi attacks in Saudi Arabia and continuing oil flows out of the Middle East. US crude […]
by Currency Hedger
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- 21 hours ago
Pentagon orders readiness for potential Iran strikes as Trump weighs timing
The Pentagon told US Central Command (CENTCOM) several days ago to conclude preparations for resuming major combat operations in Iran, Axios reported on Wednesday. US President Donald Trump hasn’t made any final decisions or included a specific date for launching strikes, but the US and Israeli sources said it could happen before the US midterm […]
by Currency Hedger
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- 21 hours ago
UK House Price Balance Weakens to 3-Month Low
The RICS UK Residential Market Survey showed that the house price balance deteriorated to -32% in September 2026 from -28% in August, which was the highest in five months and worse than market expectations of -30%. It was the lowest figure since June and ended a four-month period during which the indicator had been becoming […]
by Currency Hedger
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- 21 hours ago
Energies, Market Analysis, Technical Analysis
Crude Oil Market Outlook: US-Iran Escalation and Gulf Supply Risks Push Prices Higher
Crude oil prices are trading above $89 per barrel, recovering from the recent decline as the market reassesses the risk of a wider US-Iran confrontation. Reports that the Trump administration has instructed the Pentagon to develop potential strike options against Iran are challenging expectations that Washington would avoid a major escalation ahead of the November […]
by Currency Hedger
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- 21 hours ago
Japan Current Account Surplus Above Forecasts
Japan’s current account surplus rose to JPY 4,062.0 billion in August 2026 from JPY 3,628.1 billion in the same month a year earlier, surpassing market expectations for a JPY 3,194 billion surplus. Primary income surplus increased to JPY 5,133.2 billion from JPY 4,222.7 billion a year earlier, while the services deficit narrowed to JPY 115.8 […]
by Currency Hedger
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- 21 hours ago
Australia Inflation Expectations Hit 4-Month High
Australia’s consumer inflation expectations rose to 5.3% in October 2026, up from 4.9% in the prior two months and reaching their highest level since June. The outlook was reinforced by August data showing trimmed mean CPI remained elevated at 3.6% year-on-year, its highest since September 2024 and above the Reserve Bank of Australia’s 2–3% target […]
by Currency Hedger
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- 21 hours ago
Energies, Market Analysis, Technical Analysis
European Natural Gas Market Outlook: Hormuz Risks and Cooler Weather Support Prices
European natural gas prices are moving above €80/MWh, reaching their highest level in more than three weeks as renewed shipping risks around the Strait of Hormuz increase concerns over global energy supply. Continued attacks on commercial and energy vessels are raising the risk of disruptions to fuel deliveries, while the possibility of further military escalation […]
by Currency Hedger
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- 21 hours ago
Energies, Market Analysis, Technical Analysis
US Natural Gas Market Outlook: Prices Climb as Production Falls and Gulf Storm Risk Builds
US natural gas prices are extending their advance as lower domestic production, potential Gulf of Mexico disruptions and expectations for a smaller weekly storage build provide support. Prices have now risen for a fifth consecutive session, reaching a two-week high as traders assess the balance between tightening near-term supply and weather-related risks to both production […]
by Currency Hedger
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- 21 hours ago
US 10-Year Yield Steadies as Fed Outlook Mulled
The yield on the US 10-year Treasury note steadied around 5.3% on Thursday after pulling back in the previous session, as the latest FOMC minutes pointed to a hawkish stance among policymakers amid elevated inflation risks. Minutes from the Federal Reserve’s September meeting showed that all 19 policymakers supported the September rate hike, while most […]
by Currency Hedger
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- 21 hours ago