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Markets

United States Dollar Index (DXY) Price Forecast: Bulls have the upper hand above 99.50
DXY struggles to capitalize on the overnight bounce from the vicinity of the weekly low. Fed rate hike bets and…
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Forex

AUD/JPY Price Forecast: Gains ground to near 112.50, uptrend holds above 100-day SMA
AUD/JPY drifts higher to around 112.40 in Thursday’s early European session. Broader positive outlook prevails above the 100-day SMA, but…
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Forex

Japanese Yen moves little after reaching six-week lows
USD/JPY flatlines near a six-week high of 160.56 following suspected foreign-exchange intervention by Japanese authorities. Finance Minister Satsuki Katayama stated…
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Forex

Swiss Franc strengthens as US Dollar struggles despite increased risk aversion
USD/CHF may rebound as the US Dollar may regain ground on safe-haven demand from ongoing Middle East conflicts.Israel’s Home Front…
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Metals

Gold steadies above YTD low on softer USD; bearish bias remains amid Fed hike bets
Gold recovers slightly after touching a fresh year-to-date low during the Asian session on Thursday. Mostly in-line US CPI report…
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Soft Commodities

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Soft Commodities

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Economics

Australia Inflation Expectations Hit Lowest Since March
Australia’s consumer inflation expectations eased to 5.5% in June from 5.6% in the previous month, marking the lowest reading since…
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Energies

Heating Oil Extends Gains
US heating oil prices rose toward $3.70 per gallon, extending gains from the previous session, on fears the Iran war…
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Energies

Gasoline Prices Continue Gains
US gasoline prices extended gains above $3.10 per gallon, driven by concerns that the Iran war could continue and keep…
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