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Forex

EUR/JPY Keeps bullish vibe, first upside target emerges above 163.00
EUR/JPY extends the decline to near 162.35 in Thursday’s early European session, down 0.25% on the day. The positive view…
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Soft Commodities

Cocoa Prices Retreat as ICE Inventories Climb
July ICE NY cocoa (CCN25) Wednesday closed down -155 (-1.43%), and July ICE London cocoa #7 (CAN25) closed down -187…
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Soft Commodities

Dollar Weakness Supports Coffee Prices
July arabica coffee (KCN25) Wednesday closed up +1.00 (+0.27%), and July ICE robusta coffee (RMN25) closed unchanged. Coffee prices recovered…
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Soft Commodities

Cattle Close Mixed, with Fats Higher on Cash Strength
Live cattle futures were higher at the Wednesday close, with contracts up 70 cents to $1. Cash trade started on…
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Energies

WTI slumps to near $61.00, traders await fresh round of nuclear talks between US and Iran
WTI price edges lower to around $61.10 in Thursday’s Asian session. US-Iran will hold nuclear talks, weighing on the WTI…
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Economics

BoJ’s Noguchi: Japan’s economy is growing steadily
Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the Japanese economy is growing steadily. Noguchi further stated…
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Metals

XAU/USD hits two-week high as USD declines on deteriorating US fiscal outlook
Gold price scales higher for the fourth straight day amid a combination of supporting factors. US fiscal concerns and Fed…
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Forex

JPY stands firm near two-week top against USD on BoJ rate hike bets
The Japanese Yen attracted some dip-buyers following upbeat domestic data. BoJ rate hike bets and reviving safe-haven demand also lend…
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Forex

GBP/USD rises to near 1.3450 ahead of UK PMI data
GBP/USD strengthens as the US Dollar continues to weaken on Moody’s downgrading of the US credit rating. Fed policymakers partially…
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Economics

US House Rules Committee approves US President Donald Trump’s sweeping tax-cut bill
Update: The House Rules Committee approves US President Donald Trump’s sweeping tax-cut bill. US House rules Rules Committee stated that a full house…
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