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Forex

USD/INR softens ahead of Indian/US PMI releases
Indian Rupee gains traction in Thursday’s Asian session. The strength in Asian peers and a softer US Dollar underpin the…
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Forex

AUD holds ground as US Dollar struggles on shaky market sentiment
The Australian Dollar strengthens as the US Dollar weakens on Thursday. Australia’s Manufacturing PMI remains steady at 51.7 in May,…
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Forex

EUR/USD hovers near 1.1350, two-week highs ahead of HCOB PMI for Eurozone
EUR/USD strengthens as HCOB PMI data are expected to show overall growth in business activity in May. S&P Global US…
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Energies

Crude Prices Settle Lower as EIA Crude Inventories Rise to a 10-Month High
July WTI crude oil (CLN25) Wednesday closed down -0.46 (-0.74%) and July RBOB gasoline (RBN25) closed up +0.0003 (+0.01%). Crude…
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Energies

Nat-Gas Gives up Early Gains on the Outlook for Higher EIA Inventories
June Nymex natural gas (NGM25) on Wednesday closed downy by -0.314 (+10.09%). June nat-gas prices on Wednesday gave up an…
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Soft Commodities

Soybeans Pushing Higher on Wednesday Trade
The bean market is trading with contracts 8 to 9 cents in the green. Soybeans saw higher trade at Tuesday’s…
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Soft Commodities

Cotton Slipping to Lower Levels
Cotton prices are trading with 29 to 40 point losses on Wednesday morning. Futures had some outside market support on…
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Forex

NZD/USD holds above 0.5900 on weaker US Dollar, renewed US-China tensions might cap its upside
NZD/USD drifts higher to around 0.5935 in Wednesday’s early Asian session, adding 0.18% on the day. New Zealand’s Trade Surplus…
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Metals

XAG/USD consolidates around $33.00; seems poised to climb further
Silver struggles to capitalize on the previous day’s strong move up. A breakout through a short-term descending channel favors bulls.…
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Forex

JPY adds to intraday gains amid hawkish BoJ expectations; USD/JPY plummets below 144.00
The Japanese Yen prolongs its uptrend against the USD amid the divergent BoJ-Fed expectations. Hopes for an eventual US-Japan trade…
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