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Forex

EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias
EUR/USD may approach the two-month high of 1.1804. The 14-day Relative Strength Index stands at 67.47, indicating strong upside momentum.…
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Economics

US CPI data set to show inflation remained well above Fed target in November
The US Consumer Price Index is forecast to rise 3.1% YoY in November, slightly higher compared with September. The inflation…
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Markets

Gold loses momentum as traders book profits, US CPI data in focus
Gold price loses ground in Thursday’s early European session, pressured by profit-taking and a stronger US Dollar. Fed rate cut…
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Forex

AUD/JPY Price Forecast: Edges lower below 103.00, but stays supported above 100-day EMA
AUD/JPY drifts lower to near 102.70 in Thursday’s early European session. The cross keeps the bullish vibe above the key…
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Forex

EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook
EUR/JPY holds steady as the Japanese Yen stays under pressure amid concerns over Japan’s weakening fiscal outlook. Japan’s PM Sanae…
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Forex

Japanese Yen remains confined in a range as traders await BoJ rate decision on Friday
The Japanese Yen consolidates in a range as traders seem reluctant ahead of the BoJ meeting. Bets for an imminent…
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Forex

USD/INR opens flat on hopes of RBI’s follow-through intervention
The Indian Rupee flattens against the US Dollar at around 90.80 after a sharp recovery move on Wednesday. FIIs turned…
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Soft Commodities

Cattle Closes Lower
Live cattle futures saw losses of 85 cents to $1.15 on Wednesday. There were another 20 deliveries tendered on Wednesday. Cash…
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Markets

Nat-Gas Prices Rebound as US Weather Forecasts Cool
January Nymex natural gas (NGF26) on Wednesday closed up by +0.138 (+3.55%). Jan nat-gas prices rallied sharply on Wednesday after…
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Markets

Crude Prices Rise as Global Geopolitical Risks Escalate
January WTI crude oil (CLF26) on Wednesday closed up +0.67 (+1.21%), and January RBOB gasoline (RBF26) closed up +0.0134 (+0.80%).…
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