Lumber Price Forecast: Futures Fall 1.02% to 531.04 as Housing Weakness Weighs on Market Outlook
Commodities, Market Analysis, Technical Analysis
Lumber Price Forecast: Futures Fall 1.02% to 531.04 as Housing Weakness Weighs on Market Outlook
Lumber futures are trading at 531.04 after falling 1.02% in the latest session, extending a period of weakness that has left prices down 3.18% over the month and 16.01% over the past year. The decline highlights continued pressure on the lumber market, where demand is closely linked to residential construction, renovation activity, mortgage affordability and […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
Coal Price Forecast: Coal Futures Rise to 150.40 as Annual Gains Reach 45.38% and Q4 Forecast Points Higher
Coal futures are trading at 150.40, gaining 0.50% in the latest session as prices extend their positive performance across both monthly and annual periods. Coal has risen 3.98% over the past month and 45.38% over the past year, highlighting a strong longer-term advance in the market. The fourth-quarter forecast stands at 153.32, modestly above the […]
by Currency Hedger
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- 3 weeks ago
Market Analysis, Metals, Technical Analysis
Copper Price Forecast: Copper Trades at 6.5665 After Daily Gain as Prices Target 6.6529 in Q4
Copper prices are trading at 6.5665, up 0.54% on the day, as the metal maintains a strong annual performance despite a modest monthly pullback. Copper has gained 30.96% over the past year, highlighting the strength of the broader price trend, while the latest monthly decline of 1.80% suggests some consolidation following the substantial advance. The […]
by Currency Hedger
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- 3 weeks ago
CAD, Market Analysis, Technical Analysis
USD/CAD Price Forecast: Hangs near multi-week low, holds above 1.4100 ahead of Canadian CPI
The USD/CAD pair remains under some selling pressure for the third straight day on Monday, prolonging last week’s rejection slide from the 1.4300 mark, or its highest level since April 2025. Spot prices drop to an over three-week low, around the 1.4100 neighborhood, during the Asian session as traders now look forward to the latest […]
by Currency Hedger
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- 3 weeks ago
GBP, Market Analysis, Technical Analysis
GBP/USD Price Forecast: Steadies below 1.3350, remains capped below 100-day SMA
The GBP/USD pair holds steady around 1.3330 during the early European trading hours on Monday. Traders continue to assess the US interest rate path after Federal Reserve (Fed) Chair Kevin Warsh’s remarks. All eyes will be on the UK jobs data on Tuesday. On Wednesday, the UK Consumer Price Index (CPI) inflation report will be […]
by Currency Hedger
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- 3 weeks ago
IDR, Market Analysis, Technical Analysis
Indonesian Rupiah Forecast: IDR Struggles Near 18,040 as Dollar Strength and MSCI Downgrade Risk Weigh on Sentiment
The Indonesian rupiah is facing renewed pressure near IDR 18,040 per US dollar, struggling to move below the psychologically important 18,000 level as a firm dollar, geopolitical uncertainty and concerns over Indonesia’s potential market classification downgrade weigh on investor sentiment. The US dollar continues to draw support from euro weakness amid unrest in France and […]
by Currency Hedger
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- 3 weeks ago
AUD, EUR, KRW, Market Analysis, Technical Analysis, USD
Forex Market Forecast: Australian Dollar Leads Currency Gains as South Korean Won Strengthens and Major FX Pairs Consolidate
The Australian dollar and South Korean won are leading currency-market gains, rising 0.42% and 0.41%, respectively, as investors assess global economic conditions, interest-rate expectations and regional trade fundamentals. Meanwhile, the Japanese yen, euro, British pound and US Dollar Index are trading little changed, reflecting a more subdued session across several major currency markets. The divergence […]
by Currency Hedger
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- 3 weeks ago
KRW, Market Analysis, Technical Analysis
South Korean Won Forecast: KRW Approaches Two-Year High as Record Semiconductor Exports Support Currency
The South Korean won is trading around 1,330 per US dollar, extending its advance towards its strongest level since October 2024 as record export performance and strong dollar supply from exporters support the currency. South Korea’s exports surged 83.5% year-on-year to a record $120.94 billion in September, driven by a remarkable 263% increase in semiconductor […]
by Currency Hedger
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- 3 weeks ago
Energies, Market Analysis, Technical Analysis
WTI Price Forecast: Retreats from one-month top; slides below $97.50 but uptrend holds
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the new week on a weaker note, eroding a part of Friday’s strong gains to the $99.25-$99.30 region, or a one-month high. The commodity slides back below mid-$97.00s during the Asian session amid hope of improving supplies after US President Donald […]
by Currency Hedger
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- 3 weeks ago
EUR, Market Analysis, Technical Analysis, USD
EUR/USD Price Forecast: Weakens below 1.1250, bearish tone prevails below 100-day SMA
The EUR/USD pair trades in negative territory around 1.1230 during the early European trading hours on Monday. Fiscal risks in France and political instability in Europe exert some selling pressure on the Euro (EUR) against the US Dollar (USD). European Central Bank (ECB) Executive Board member Frank Elderson is set to speak later in the […]
by Currency Hedger
- 0 Comments
- 3 weeks ago