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Soft Commodities

El Niño Fears Spark Short Covering in Coffee Futures
July arabica coffee (KCN26) on Thursday closed up +5.10 (+1.90%), and July ICE robusta coffee (RMN26) closed up +71 (+2.13%).…
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Soft Commodities

Cocoa Prices Fall on Dollar Strength and Rising ICE Inventories
July ICE NY cocoa (CCN26) on Thursday closed down -122 (-3.14%), and July ICE London cocoa #7 (CAN26) closed down…
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Cotton

Cotton Falls Lower
Cotton futures closed the Thursday session with contracts down 198 to 362 points across the board. The US dollar index…
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Soft Commodities

Soybeans Face Pressure
Soybeans posted Thursday losses of 1 ¼ to 6 ¾ cents across the board at the close. The cmdtyView national…
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Soft Commodities

Wheat Falls Lower
The wheat complex was under pressure across the three exchanges on Thursday. Chicago SRW futures were 5 to 13 cents…
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Soft Commodities

Palm Oil Heads for First Weekly Rise Since Late April
Malaysian palm oil futures hovered around MYR 4,500 per tonne, recovering from recent losses as a weaker ringgit and firmer…
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Forex

Euro weakens against British Pound ahead of Germany IFO Business Survey
EUR/GBP remains subdued as the Euro falls ahead of upcoming German economic indicators. The Euro struggles as flash PMI data…
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Energies

WTI – 200-SMA on H4/trend line confluence near $95.00 holds the key
WTI trades with a mild negative bias for the third straight day, though it lacks follow-through. The uncertainty surrounding a…
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Forex

Euro struggles as rising hawkish Fed tone lifts USD
EUR/USD falls as a firm US Dollar gained support from rising expectations of a hawkish Federal Reserve stance. President Trump…
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Forex

GBP steadies above 1.3400 vs USD on mixed BoE cues, UK political and Iran risks
GBP/USD struggles to gain any meaningful traction on Friday amid mixed fundamental cues. UK political uncertainty counters BoE rate hike…
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