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Soft Commodities

Arabica Coffee Prices Rally with the Brazilian Real
December arabica coffee (KCZ25) on Tuesday closed up +7.95 (+1.92%), and January ICE robusta coffee (RMF26) closed down -5 (-0.11%).…
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Soft Commodities

Cocoa Prices Sharply Lower on the Prospects for Ample Global Supplies
December ICE NY cocoa (CCZ25) on Tuesday closed down -273 (-4.47%), and December ICE London cocoa #7 (CAZ25) closed down…
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Markets

US Dollar Index posts modest gains near 99.50 amid hopes of end to US shutdown
US Dollar Index trades with mild gains near 99.55 in Wednesday’s early Asian session. Traders are concerned that the reopening…
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Forex

GBP/USD moves below 1.3150 as traders expect BoE rate cut in December
GBP/USD loses ground as the Pound Sterling struggles dovish tone surrounding the BoE policy outlook. BoE’s Megan Greene expressed doubt…
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Energies

WTI trades with mild gains above $60.50 on hopes of US government reopening
WTI price posts modest gains near $60.85 in Wednesday’s Asian session. Hopes for the end of the US government shutdown…
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Metals

Gold consolidates near three-week high as risk-on mood offsets dovish Fed bets
Gold consolidates in a range near a three-week high amid mixed fundamental cues. The USD struggles amid economic concerns and…
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Forex

USD/CAD holds gains above 1.4000 as US government shutdown nears end
USD/CAD appreciates as the US Dollar gains on optimism of ending the US government shutdown. Weaker-than-expected ADP employment data have…
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Forex

Australian Dollar extends losses despite cautious RBA tone
Australian Dollar extends its losses despite a cautious RBA policy stance. The AUD could regain its ground as RBA’s Hauser…
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Forex

Japanese Yen remains depressed amid BoJ rate hike caution, risk-on impulse
The Japanese Yen remains depressed as Takaichi flags a looser fiscal goal, urges BoJ rate hike caution. A positive development…
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Forex

EUR/USD remains near 1.1600 as ECB holds steady, Fed easing eyed
EUR/USD may regain its ground as the ECB is expected to hold interest rates steady for the time being. The…
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