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Forex

NZD/USD – Holds steady near 0.6030; moves little after Chinese PMI
NZD/USD struggles to attract follow-through buying amid a modest USD uptick on Thursday. The better-than-expected China’s Services PMI fail to…
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Metals

XAG/USD maintains position around $34.50 due to safe-haven demand
Silver price receives support from increased safe-haven demand amid rising economic uncertainty. The weaker US economic data increased the odds…
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Forex

EUR/USD trades cautiously around 1.1400 ahead of ECB’s interest rate policy
EUR/USD is expected to remain on the sidelines around 1.1400 ahead of the ECB’s monetary policy announcement. The ECB is…
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Forex

USD/MXN Finds resistance around 19.20 ahead of nine-day EMA
USD/MXN may find support around the eight-month low at 19.16. The RSI remains below the 50 level, strengthening the bearish…
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Forex

AUD/USD trims gains as US Dollar recovers ground, Initial Jobless Claims eyed
The Australian Dollar holds ground despite a decline in Australia’s trade surplus. China’s Caixin Services PMI came at 51.1 in…
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Forex

USD/INR edges lower on weak US data, lower oil prices
Indian Rupee trades in positive territory in Thursday’s Asian session. Concerns over mounting economic and political uncertainty in the US…
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Forex

JPY/USD ticks lower, bias against a rebounding USD; bears lack conviction
The Japanese Yen turns lower against the USD, though the downside seems limited. Bets that the BoJ will hike rates…
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Forex

USD/CAD – More downside towards 1.3600 looks likely
USD/CAD trades vulnerably near 1.3650 as the US Dollar sees more downside on disappointing an array of US economic data.…
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Soft Commodities

Cattle Rally to Close Near All-Time Highs
Live cattle futures were in rally mode on Wednesday closing in on all-time highs, as contracts were up $2.40 to…
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Soft Commodities

Soybeans Pull Off Highs
The soybean market saw Wednesday gains of 3 to 5 cents at the close, pulling back off some intraday highs.…
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