Commodities

Commodity currencies are struggling | FX Research

The commodity block currencies have been hit hard of late and are once again extending declines to multi-month lows against the US dollar....

FOMC sparks gold selloff, UBS sees long-term gains

UBS forecasts gold prices to reach $2,900/oz by the end of 2025, driven by central bank demand, increased investor interest, and a lower interest rate environment....

Euro slips, Pound outperforms | FX Research

As we come into the North American open, the US dollar remains in the driver's seat and is up pretty much across the board. Dollar demand is also found company in US equity futures, pointing to a lower open. But...

Cocoa and Coffee: “very volatile”

Since the beginning of 2024, cocoa futures have more than doubled in price and are currently climbing for the seventh week in a row, hitting record levels. The mix of limited supply, high demand, and uncertain weather is keeping the...

Euro and Pound get some help from PMI reads | FX Research

Solid preliminary PMI data out of the Euro area helped to keep the Euro supported into dips, though overall we haven't seen much activity in markets so far on Monday....

Finally some relief for the Australian Dollar | FX Research

US CPI came in as expected on Wednesday, which has kept markets mostly confined to tighter consolidation. The data confirms expectations for another rate cut from the Fed next week. However, it also introduces the possibility that the Fed might...

Yen and Aussie slide | FX Research

The two biggest movers in the FX market on Wednesday have been the Yen and the Australian Dollar, both of which have come under significant pressure....

Currencies trying to fight their way back | FX Research

Tension has eased slightly as Tuesday progresses, with currencies regaining some stability against the US dollar. There was strong dollar demand at the start of the week following President-elect Trump's warnings to BRICS nations about adopting an alternative currency to...

Considering the next big upside target for bitcoin | FX Research

When considering trends, it's important to understand that markets tend to move in measured steps. Looking at the Bitcoin chart, the $69,000 high reached in 2021, followed by the low in 2022, represented a move of $53,540....
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