Norges Bank raises intrest rates
Norges Bank raises intrest rates
Norwegian Monetary Policy Committee The deposit rate was raised by 25 bps. The market was not certain about Norges Bank’s decision, although most analysts leaned toward a 25 bps hike. It is justified mainly by CPI inflation, which remains clearly above the target of around 2% (most recently 3.3%), and by wage growth of about […]
by Currency Hedger
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- 2 weeks ago
Energies, Market Analysis, Technical Analysis
Chart of the Day: OIL Returns to Gains. U.S.–Iran Talks Remain Deadlocked
Brent crude futures ( OIL ) are rising today following the contract rollover and are gradually moving back toward the $100 per barrel area. Talks between the U.S. side and the Iranian delegation failed to produce any breakthrough, while Tehran, in exchange for reopening the Strait of Hormuz, reportedly presented a highly demanding set of […]
by Currency Hedger
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- 2 weeks ago
Metals
XAG/USD falls to near $64.00 amid rising Fed rate hike odds
Silver price (XAG/USD) extends its losses for the second successive day, trading around $64.10 per troy ounce during the Asian hours on Thursday. Silver faces increased downward pressure as both the US Dollar (USD) and US Treasury yields surge, driven by hawkish Federal Reserve (Fed) expectations and resilient domestic economic indicators. The latest Flash US […]
by Currency Hedger
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- 2 weeks ago
Metals, Technical Analysis
Gold flat lines below $4,300 as Fed hike bets cap upside ahead of Trump-Xi meet
Gold (XAU/USD) is consolidating near a one-week low, touched during the Asian session on Thursday, as traders wait on the sidelines ahead of a crucial meeting between US President Donald Trump and his Chinese counterpart Xi Jinping. Expectations for a major announcement are low, though market players will look for any progress on rare earths, […]
by Currency Hedger
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- 2 weeks ago
CAD, Market Analysis, Technical Analysis, USD
Canadian Dollar holds steady amid oil uncertainties, hawkish Fed sentiment
USD/CAD steadies after three days of gains, trading around 1.4100 during Asian hours on Thursday. The USD/CAD pair has moved little as the commodity-linked Canadian Dollar (CAD) maintains its position amid cautious sentiment surrounding oil prices. Crude oil prices may rise due to lingering uncertainty surrounding United States-Iran diplomatic talks. Speaking at the UN General […]
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- 2 weeks ago
EUR, JPY, Technical Analysis
EUR/JPY Price Forecast: Softens below 180.00, bearish bias persists below 100-day SMA
The EUR/JPY cross trades in negative territory around 179.85 during the early European trading hours on Thursday. Intervention risks from Japanese authorities provide some support to the Japanese Yen (JPY) against the Euro (EUR). Germany’s IFO survey is due later on Thursday. Traders remain on high alert for currency intervention from Japanese officials, particularly given […]
by Currency Hedger
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- 2 weeks ago
CHF, Market Analysis, Technical Analysis
Swiss Franc strengthens ahead of SNB policy decision
USD/CHF loses ground after registering modest gains the previous day, trading around 0.8240 during Asian hours on Thursday. Traders await the Swiss National Bank (SNB) interest rate decision due later in the day. SNB seen holding rates as inflation forecast set for upgrade Economists at DBS Group Research expect the SNB to leave its policy […]
by Currency Hedger
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- 2 weeks ago
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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- 2 weeks 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 […]
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- 2 weeks 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 […]
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- 2 weeks ago