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Forex

GBP/USD gathers strength above 1.3500 as BoE signals gradual easing
GBP/USD strengthens to around 1.3510 in Wednesday’s early European session. The BoE interest rate is likely to continue on a gradual…
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Forex

Japanese Yen remains on the front foot vs. bearish USD amid BoJ-Fed policy divergence
The Japanese Yen scales higher against a weaker USD for the third straight day on Wednesday. The hawkish BoJ Minutes,…
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Forex

EUR/GBP weakens below 0.8750 as BoE hints at slower easing pace
EUR/GBP softens to near 0.8725 in Wednesday’s early European session. The BoE’s cautious stance, which signaled that the pace of…
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Metals

Gold edges higher to all-time high on Venezuela tensions, Fed rate cut optimism
Gold price jumps to an all-time high in Wednesday’s Asian session. Fed rate cut bets and safe-haven flows support the…
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Metals

Copper Holds Near 5-Month High
Copper futures rose to around $5.5 per pound in late December, extending near a five-month high, as tight supply and…
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Energies

Crude Oil Prices Continue Higher on Recent Oil Tanker Disruptions
February WTI crude oil (CLG26) on Tuesday closed up +0.37 (+0.64%), and February RBOB gasoline (RBG26) closed up +0.16 (+0.09%).…
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Energies

Nat-Gas Prices Soar on Incoming Cold Weather
January Nymex natural gas (NGF26) on Tuesday closed up +0.443 (+11.17%). Jan nat-gas prices on Tuesday soared on heavy short-covering…
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Soft Commodities

Corn Holds onto Gains
Corn futures closed Tuesday with contracts fractionally to a penny higher. The CmdtyView national average Cash Corn price was up 1/2 cent…
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Soft Commodities

Wheat Sees Modest Strength
The wheat complex was mixed trade at the Tuesday close, with winter wheat contracts higher and spring wheat mixed. Chicago…
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Soft Commodities

Coffee Prices See Support from Indonesian Flooding
March arabica coffee (KCH26) on Tuesday closed down -0.40 (-0.12), and January ICE robusta coffee (RMF26) closed up +104 (+2.69%).…
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