In yesterday’s post, I flagged the 1.3709–1.3715 area as a key upside target ( see: USDCAD moves to new session highs. In yesterday’s post, I flagged the 1.3709–1.3715 area as a key upside target ( see: USDCAD moves to new session highs. Extends above 1.3700 and looks towa
Gold edges higher as USD weakens, higher-for-longer rates limit upside Gold (XAU/USD) edges higher on Thursday, recovering from the one-month low of $4,510 seen the previous day. Gold edges higher as USD weakens, higher-for-longer rates limit upside Gold (XAU/USD) edges hi
So there was a question about whether the move in the yen was due to the strong verbal intervention today, a rate check or actual intervention and it looks like we got our answer. So there was a question about whether the move in the yen was due to the strong verbal interv
Copper: High prices curb near‑term upside – Commerzbank Commerzbank’s Thu Lan Nguyen highlights that Copper’s supply surplus has widened to about 300,000 tons early this year as production expanded while demand stagnated. Copper: High prices curb near‑term upside – Commerz
Australian Dollar trades broadly firm amid hawkish RBA bets The Australian Dollar (AUD) reflects a mixed performance against its major currency peers, trading 0.5% higher to near 0.7150 against the US Dollar (USD) during the early North American session on... Australian Do
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EUR/JPY retreats as ECB holds rates, Japan steps up intervention warnings EUR/JPY declines and trades around 186.60 at the time of writing, after hitting two-week highs above 187.50, amid mixed pressures from European monetary policy and rising intervention risks in... EUR
EUR/JPY declines and trades around 183.60 at the time of writing, after hitting two-week highs above 187.50, amid mixed pressures from European monetary policy and rising intervention risks in Japan. EUR/JPY declines and trades around 183.60 at the time of writing, after h
The Australian Dollar (AUD) reflects a mixed performance against its major currency peers, trading 0.5% higher to near 0.7150 against the US Dollar (USD) during the early North American session on Thursday. The Australian Dollar (AUD) reflects a mixed performance against i
Gold: Geopolitics support demand but cap prices – Commerzbank Commerzbank’s strategists report that Gold has faced pressure from higher Oil prices and shifting US rate expectations, even briefly dipping below USD... Gold: Geopolitics support demand but cap prices – Commerz