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Forex

AUD/NZD declines to one-week low, around mid-1.0800s after RBA’s 25 bps rate cut decision
AUD/NZD drifts lower following the RBA’s widely anticipated 25 bps interest rate cut on Tuesday. The central bank’s acknowledgement of…
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Forex

AUD/JPY attracts some sellers to near 93.00, eyes on RBA Press Conference
AUD/JPY softens to around 93.00 in Tuesday’s Asian session, down 0.55% on the day. RBA cut its OCR by 25…
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Forex

JPY recovers modest Asian session losses amid hawkish BoJ expectations
The Japanese Yen reverses a major part of the modest Asian session downtick amid BoJ rate hike bets. Dovish Fed…
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Forex

GBP/USD maintains position above 1.3350 as US Dollar weakens on economic concerns
GBP/USD strengthened as the US Dollar struggled following Moody’s Rating downgrade of the US credit rating from Aaa to Aa1.…
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Forex

USD/INR gains ground on expectations for more RBI rate cuts
Indian Rupee edges lower in Tuesday’s Asian session. Dovish bets for the RBI weigh on the INR, but a multi-phase…
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Economics

Breaking: RBA cuts interest rate by 25 bps to 3.85% as expected
The Reserve Bank of Australia (RBA) board members decided to lower the Official Cash Rate (OCR) by 25 basis points…
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Metals

XAG/USD falls toward $32.00 amid potential Russia-Ukraine ceasefire
Silver price declined as optimism surrounding potential ceasefire talks between Russia and Ukraine dampened demand for safe-haven assets. President Trump…
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Metals

Gold price seems vulnerable above $3,200 amid possible Russia-Ukraine ceasefire
Gold price drifts lower as trade optimism continues to undermine safe-haven demand. The XAU/USD pair struggles to lure buyers despite…
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Soft Commodities

Slowing Ivory Coast Cocoa Exports Underpin Prices
July ICE NY cocoa (CCN25) today is up +87 (+0.80%), and July ICE London cocoa #7 (CAN25) is down -56…
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Soft Commodities

Lack of Rain in Brazil Boosts Coffee Prices
July arabica coffee (KCN25) today is up +8.70 (+2.38%), and July ICE robusta coffee (RMN25) is up +81 (+1.66%). Coffee…
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