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Forex

USD/CHF Remains capped below 100-day EMA, bearish bias prevails below 0.8200
USD/CHF posts modest gains to around 0.8180 in Tuesday’s early European session The negative view of the pair prevails below…
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Forex

AUD/JPY Breaks below mid-92.00s paves the way for further losses
AUD/JPY drifts lower on Tuesday in reaction to dovish-sounding RBA meeting Minutes. The technical setup favors bears and supports prospects…
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Metals

XAU/USD retreats from multi-week top as a recovering USD prompts mild profit-taking
Gold price attracts some intraday sellers amid a modest USD rebound from a multi-week low. Fed rate cut bets and…
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Metals

XAG/USD slumps to near $34.00 on some profit-taking
Silver price attracts some sellers to near $34.15 in Tuesday’s Asian session, down 1.70% on the day. US duties on…
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Forex

JPY/USD remains on the back foot against a broadly recovering USD; lacks bearish conviction
The Japanese Yen attracts some intraday sellers amid a combination of negative factors. Calls for the BoJ to slow tapering…
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Forex

GBP/USD trades with negative bias above 1.3500 ahead of BoE Monetary Policy Report Hearings
GBP/USD retreats from a multi-day peak amid the emergence of some USD buying on Tuesday. Dovish Fed expectations and US…
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Forex

US Dollar Index surges toward 99.00, rebounds from six-week lows
The US Dollar Index has rebounded from a six-week low of 98.58, recorded on Tuesday. US ISM Manufacturing PMI fell…
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Forex

AUD weakens, potentially due to corrective rebound in US Dollar
The Australian Dollar faced losses after the publication of the RBA Minutes from its May monetary policy meeting. China’s Caixin…
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Forex

USD/INR rises amid modest US Dollar bids, higher oil prices
Indian Rupee loses traction in Tuesday’s early European session. The renewed US Dollar demand and higher oil prices weigh on…
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Energies

Crude Prices Higher as the Dollar Slumps and Oversupply Concerns Ease
July WTI crude oil (CLN25) Monday closed up +1.73 (+2.85%), and July RBOB gasoline (RBN25) closed up +0.0374 (+1.86%). Crude…
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