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Forex

USD/CNH hits 13-month lows below 7.0800 as Fed rate cut bets increase
USD/CNH marked a 13-month low of 7.0782 as the US Dollar struggles, as softer data reinforce the likelihood of a…
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Energies

WTI drifts higher above $58.00 on Fed rate cut hopes
WTI price edges higher to near $58.15 in Tuesday’s Asian session. The anticipation that the Fed may opt for an…
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Metals

XAG/USD gains further to near $52 as US yields remain under pressure
Silver price rises further to near $52.00 as Fed dovish expectations keep US yields under pressure. Fed’s Williams see the…
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Forex

EUR/JPY remains range-bound below 181.00 as hawkish BoJ bets counter ECB optimism
EUR/JPY attracts some buyers on Wednesday, though it lacks follow-through amid mixed cues. Reviving December BoJ rate hike bets underpin…
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Forex

Australian Dollar rises as CPI beats forecasts, RBA policy in focus
The Australian Dollar gains as monthly inflation boosts RBA caution. Australia’s CPI rose 3.8% YoY in October, beating the market…
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Forex

Japanese Yen retreats from one-week top against weaker USD; downside seems limited
The Japanese Yen struggles to capitalize on modest intraday gains against a weaker USD. The upbeat market mood and fiscal…
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Forex

USD/CHF slides to mid-0.8000s, further away from nearly three-week top amid weaker USD
USD/CHF drifts lower for the second straight day on Wednesday amid sustained USD selling. Tuesday’s US macro data reaffirmed December…
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Markets

Gold clings to gains near two-week high as USD slides amid rising Fed rate cut bets
Gold regains positive traction on Wednesday amid rising bets for a Fed rate cut in December. The USD drops to…
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Soft Commodities

Cattle Post Turnaround Bounce
Live cattle futures closed with 20 cent losses in the nearbys and other nearby contracts higher. There have been some light…
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Soft Commodities

Soybeans Pop Higher
Soybeans futures were higher at the Tuesday close with contracts up 1 to 3 cents on the day. The cmdtyView…
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