The EUR/GBP pair is trading higher for a second consecutive day, currently around 0.8710, up 0.20% on the day. The Euro is supported by the European Central Bank’s (ECB) steady policy stance,…
NZD/USD: Further Downside Likely, But 0.5690 Support Unlikely to Be Tested Today – UOB
The New Zealand Dollar (NZD) remains under bearish pressure, with further declines expected in the near term. However, analysts at UOB Group, Quek Ser Leang and Peter Chia, believe that the key…
USD/CAD Holds Steady Above 1.4000 as Key US, Canadian Data Loom
The USD/CAD pair is consolidating just above the 1.4000 mark, maintaining its position near six-month highs after a three-week rally. Markets are pausing ahead of key economic releases from both the U.S….
Gold ETFs See Surge in Inflows, Led by North American Investors – Commerzbank
Gold’s recent rally is being fueled not only by rising prices but also by strong demand from exchange-traded fund (ETF) investors, according to Commerzbank commodity analyst Barbara Lambrecht. Record Inflows in SeptemberData…
Nickel Supply Outlook Strong; Copper Faces Growing Supply Concerns – Commerzbank
Nickel prices have underperformed this year, making it the weakest among major base metals, even lagging behind zinc. As of now, Nickel has gained only about 1% year-to-date, according to Thu Lan…
USD/CAD Holds Firm Above 200-Day Moving Average Ahead of Key Canadian Jobs Data
The USD/CAD pair continues to trade with an upward bias after breaking above its 200-day moving average at 1.3976, signaling sustained bullish momentum. Market attention is now focused on Canada’s September labor…
Gold Price Forecast: XAU/USD Eyes Record High as Safe-Haven Demand Persists
Gold (XAU/USD) remains in demand on Thursday, rebounding from the $4,000 mark and trading around $4,035, just shy of its all-time high of $4,060. The yellow metal continues to attract buyers amid…
USD/CHF Hits Monthly High Near 0.8040 Ahead of Fed Powell Speech
The USD/CHF pair climbed to a fresh monthly high near 0.8040 during Thursday’s European session, as the US Dollar remains strong ahead of a key speech by Federal Reserve Chair Jerome Powell…
AUD/USD Eases from Session Highs as US Dollar Recovers, Powell’s Speech in Focus
The AUD/USD pair gave up its early session gains on Thursday, trading flat near 0.6590 in the European session. The pair faced pressure as the US Dollar (USD) rebounded from intraday losses,…
AUD/USD Expected to Range Between 0.6570 and 0.6605, Downside Risks Building – UOB
The Australian Dollar (AUD) is likely to remain in a sideways trading range between 0.6570 and 0.6605 in the short term, according to analysts Quek Ser Leang and Peter Chia from UOB…