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Soft Commodities

Sugar Prices Extend Recent Rally as India Eases Sugar Import Duties
October NY world sugar #11 (SBV26) closed down -0.03 (-0.17%) on Thursday, and October London ICE white sugar #5 (SWV26)…
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Forex

EUR/JPY Price Forecast: Rises to near 186.00 as bullish bias prevails
EUR/JPY could find the initial barrier at the upper boundary of the ascending channel around 187.00. The 14-day Relative Strength…
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Forex

USD/JPY Price Forecast: 20-day EMA remains key hurdle
USD/JPY trades flat at around 159.00 as both currencies underperform their peers. The US aims to double the pace of…
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Metals

Gold advances to fresh high since June amid renewed USD selling, fading Fed hike bets
Gold regains positive traction as the USD hangs near a three-month low amid receding Fed rate-hike bets. Inflation risks stemming…
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Energies

WTI consolidates around $86.00; bulls potential intact amid US-Iran impasse
WTI steadies following the previous day’s late pullback from a three-week high. The US-Iran standoff over the Strait of Hormuz…
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Forex

Eur gains on hawkish ECB outlook despite firm US Dollar
Strong Eurozone inflation and rising gas prices reinforce expectations for further ECB interest rate hikes. Resurgent US Treasury yields may…
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Forex

New Zealand Dollar extends gains to fresh high since June, above mid-0.5900s vs softer USD
NZD/USD retains its positive bias for the third straight day amid a combination of supporting factors. Receding Fed-hike bets weigh…
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Forex

Canadian Dollar gains ground amid rising oil prices
Canadian Dollar receives support amid higher oil prices driven by US-Iran tensions over the Strait of Hormuz. Washington plans maximum…
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Forex

British Pound edges higher to near 1.3650, UK Retail Sales data looms
GBP/USD strengthens to around 1.3645 in Friday’s early Asian session. A disappointing US jobs report and softer inflation data dialed…
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Markets

United States Dollar Index trades around 99.75-99.70, hangs near three-month low
DXY struggles to capitalize on the previous day’s modest bounce from an over three-month trough. Receding Fed-hike bets undermine the…
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