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Soft Commodities

Wheat Sees Some Bargain Buying at Month End
The wheat complex bounced back to close out the Wednesday session with the SRW and spring wheat contracts posting strength…
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Markets

Microsoft Beat Expectations as Cloud And AI Drive Growth
Microsoft has reported its financial results for the third quarter of fiscal year 2025, significantly surpassing analyst expectations and underscoring…
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Forex

US Dollar Index (DXY) advances to two-week high near 99.75
The USD scales higher for the third straight day amid hopes for a US-China trade deal. Signs of a faltering…
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Forex

EUR/GBP hovers near 0.8500 as soft Eurozone inflation, dovish BoE shape outlook
EUR/GBP may depreciate due to weaker-than-expected preliminary April HICP data from the Eurozone’s largest economies. Markets have largely priced in…
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Forex

USD/CAD languishes near YTD low, seems vulnerable below 1.3800 mark
USD/CAD struggles to lure buyers, though a combination of factors helps limit the downside. Bearish Crude Oil prices undermine the…
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Forex

EUR/JPY rises to near 162.50 as BoJ maintains policy rate as expected
EUR/JPY advances as the Japanese Yen weakens as the BoJ left its key interest rate unchanged at 0.5% on Thursday.…
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Forex

JPY adds to BoJ-inspired losses; looks to post-meeting presser for fresh impetus
The Japanese Yen drifts lower for the third straight day after the BoJ announced its policy decision. The BoJ decided…
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Forex

USD/CHF Maintains position near 0.8250 near nine-day EMA support
USD/CHF may approach immediate resistance at the upper boundary of its consolidation range around 0.8350. The 14-day RSI has moved…
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Forex

AUD loses recent gains as US Dollar rises ahead of ISM Manufacturing PMI
The Australian Dollar loses ground ahead of the US ISM Manufacturing PMI data release on Thursday. Australia’s Bureau of Statistics…
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Soft Commodities

Demand Concerns Pressure Cocoa Prices
July ICE NY cocoa (CCN25) Wednesday closed down -4 (-0.04%), and May ICE London cocoa #7 (CAK25) closed up +160…
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