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Forex

AUD holds gains as USD extends losses on Fed caution
The Australian Dollar strengthens as the US Dollar weakens amid concerns over the economic outlook and declining business sentiment. Federal…
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Forex

USD/INR rises amid ongoing US Dollar demand
Indian Rupee extends the decline in Wednesday’s Asian session. A fall in local equities and ongoing US Dollar demand weigh…
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Forex

EUR/USD Bullish outlook remains in play above 1.1300
EUR/USD attracts some buyers to around 1.1330 in Wednesday’s early European session, up 0.42% on the day. The positive view…
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Economics

UK CPI likely to surge sharply in April, pressuring BoE’s easing plans
The United Kingdom’s Office for National Statistics will publish the April CPI data on Wednesday. Inflation, as measured by the…
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Metals

XAU/USD – Gold price retakes $3,300 amid a broadly weaker USD
Gold price scales higher for the third straight day amid sustained USD selling bias. US fiscal concerns and Fed rate…
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Forex

USD/CHF drops to two-week low, eyes 0.8200 amid sustained USD selling bias
USD/CHF attracts sellers for the third consecutive day amid a broadly weaker USD. US fiscal concerns and Fed rate cut…
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Forex

GBP/USD Rises toward highs since February 2022 near 1.3450
GBP/USD faces an immediate barrier at 1.3445, the highest level since February 2022. The 14-day Relative Strength Index (RSI) rises…
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Energies

Nat-Gas Prices Surge on Forecasts for Hot US Weather
June Nymex natural gas (NGM25) on Tuesday closed up sharply by +0.314 (+10.09%). June nat-gas prices surged on Tuesday and…
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Energies

Risk-Off Sentiment in Asset Markets Weighs on Crude Prices
June WTI crude oil (CLM25) Tuesday closed down -0.13 (-0.21%) and June RBOB gasoline (RBM25) closed up +0.0133 (+0.62%). Crude…
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Soft Commodities

Cattle Futures Close on a Mixed Note
Live cattle futures ended the Tuesday session on a mixed note, as contracts were anywhere from 22 cents higher to…
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