Cocoa Prices Rise for Third Session as Ivory Coast Deliveries Plunge 41%, While Record ICE Inventories Cap Gains
Commodities, Market Analysis, Technical Analysis
Cocoa Prices Rise for Third Session as Ivory Coast Deliveries Plunge 41%, While Record ICE Inventories Cap Gains
Cocoa futures are extending their recovery as declining near-term deliveries from the Ivory Coast, deteriorating West African crop prospects and emerging El Niño risks strengthen concerns over global supply. However, the rally faces significant resistance from rising ICE-certified inventories and mixed chocolate-processing demand, leaving the market balancing immediate supply disruptions against the risk of weaker […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Sugar Prices Fall for Fourth Session as India’s Ethanol Shift and Brazil Harvest Outlook Weigh on Futures
New York and London sugar futures extended their declines on Wednesday, with both markets coming under pressure from continued long liquidation, expectations for increased Indian sugar availability and improving prospects for Brazil’s sugar harvest. March 2027 New York Sugar No. 11 futures fell 0.07 cents, or 0.34%, while December 2026 London white sugar declined $3.40, […]
by Currency Hedger
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- 3 weeks ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Hovers around nine-day EMA, 177.50
EUR/JPY loses ground for the second successive day, trading around 177.50 during Asian hours on Thursday. Technical analysis of the daily chart shows the currency cross remains within a descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is maintaining a bearish near-term tone as it holds below both the nine- and 50-period […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Cotton Futures Rally as December Contracts Gain 95 Points and March 2027 Advances to 85.20 Cents
US cotton futures advanced across the market on Wednesday, with front-month contracts posting strong gains as traders assessed improving international price benchmarks, certified stock levels and broader commodity-market movements. December 2026 cotton futures closed at 81.83 cents per pound, up 95 points, while March 2027 futures gained 102 points to settle at 85.20 cents. May […]
by Currency Hedger
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- 3 weeks ago
Commodities, Market Analysis, Technical Analysis
Live Cattle and Feeder Cattle Futures Rally as Cash Trade Stalls and Beef Prices Weaken
US live cattle and feeder cattle futures are trading higher following a strong Wednesday session, with feeder cattle leading the advance as market participants assess livestock values, cash-market activity and weakening wholesale beef prices. Live cattle futures gained between 77 cents and $1.07, although several contracts finished more than $1 below their intraday highs. Feeder […]
by Currency Hedger
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- 3 weeks ago
AUD, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Edges lower to near 110.50, sustains modestly bearish outlook
The AUD/JPY cross trades in negative territory around 110.60 during the early European trading hours on Thursday. Hawkish remarks from Japanese authorities provide some support to the Japanese Yen (JPY) against the Australian Dollar (AUD). Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Wednesday that underlying inflation is moving securely toward the central […]
by Currency Hedger
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- 3 weeks ago
CHF
Swiss Franc struggles as US Dollar declines on Fed rate pause expectations
USD/CHF loses ground for the third consecutive day, trading around 0.8230 during Asian hours on Thursday. The pair depreciates as the US Dollar (USD) faces challenges, as recent economic data pointed to signs of weakness in the US economy, with September housing starts declining and pending home sales falling to a record low. According to […]
by Currency Hedger
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- 3 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Weakens Towards IDR 18,040 per Dollar as Oil Prices, Inflation and Foreign Capital Risks Weigh
The Indonesian rupiah is extending its decline towards IDR 18,040 per US dollar as broad-based dollar strength, rising energy costs and domestic fiscal concerns weigh on investor sentiment. With the Federal Reserve’s next policy meeting approaching, expectations for unchanged US interest rates are doing little to ease pressure on emerging-market currencies. Domestically, oil prices around […]
by Currency Hedger
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- 3 weeks ago
US 10-Year Yield Resumes Decline
The yield on the US 10-year Treasury note fell to around 5.08% on Thursday, extending its recent decline as a global selloff in technology and AI stocks boosted safe-haven demand for government bonds. The recent selloff in US Treasuries, which had pushed yields to multi-decade highs, also eased as investors stepped in to buy the […]
by Currency Hedger
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- 3 weeks ago
Dutch Consumer Confidence Falls Slightly in October
Consumer confidence in the Netherlands edged down to -34 in October 2026 from September’s six-month high of -33. The economic climate sub-indicator declined to -59 from -58 in the previous month, as consumers were more pessimistic about the economy over the past 12 months (-67 vs -65), while their assessment of the economy for the […]
by Currency Hedger
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- 3 weeks ago