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Forex

NZD/USD remains confined in a narrow range below mid-0.5900s after Chinese PMIs
NZD/USD lacks any firm intraday direction amid a combination of diverging forces. A positive risk tone supports the Kiwi, though…
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Forex

USD/CAD holds gains near 1.3850 as trade optimism supports US Dollar
USD/CAD finds support as the US Dollar strengthens on renewed optimism over US-China trade progress. US labor market data hit…
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Forex

AUD/JPY rises above 91.00 following key economic data from Australia, Japan
AUD/JPY advances as the Australian Dollar strengthens on CPI data from Australia and PMI figures from China. Australian Treasurer Jim…
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Forex

USD/INR edges higher amid heightened tensions between India and Pakistan
Indian Rupee softens in Wednesday’s Asian trading hours. Heightened tensions between India and Pakistan weigh on the INR. Traders await…
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Metals

XAG/USD slides below $33.00; 200-period EMA on H4 holds the key for bulls
Silver attracts some intraday sellers and turns lower for the second straight day. The setup seems tilted in favor of…
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Forex

AUD rises as inflationary pressures weaken odds of an RBA’s rate cut in May
The Australian Dollar is regaining ground after the release of key economic data from both Australia and China. Australia’s Consumer…
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Forex

JPY edges lower amid receding safe-haven demand; downside seems limited
The Japanese Yen lacks any firm intraday direction on Wednesday amid mixed fundamental cues. A positive risk tone and disappointing…
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Metals

Gold price slides back closer to $3,300 amid positive risk tone, modest USD uptick
Gold price attracts some sellers for the second straight day amid receding safe-haven demand. A stronger USD further exerts pressure…
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Energies

Forecasts for Cooler US Temps Boost Nat-Gas Prices
June Nymex natural gas (NGM25) on Tuesday closed up by +0.043 (+1.29%). June nat-gas prices on Tuesday climbed to a…
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Energies

Crude Oil Prices Fall Sharply on Energy Demand Concerns
June WTI crude oil (CLM25) Tuesday closed down -1.63 (-2.63%), and June RBOB gasoline (RBM25) closed down -0.0368 (-1.76%). Crude…
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