Softening US market data suggests that the Federal Reserve (Fed) may take a less aggressive approach to future rate hikes, which could weaken the US Dollar (USD). According to the CME FedWatch Tool, the odds of a 25 basis point (bps) rate cut at the...
The spot prices remained constrained at $2,720 as the US Dollar (USD) and bond yields saw an uptick during Friday’s North American session. Investors are seeking clearer signals regarding the likelihood of a U.S. recession, while also awaiting more...
The price has remained stable against the US Dollar (USD), supported by two consecutive months of rising real wages in Japan. In July, Labor Cash Earnings increased by 3.6% year-on-year, down from June’s 4.5% but still marking the highest level...
West Texas Intermediate (WTI) crude had a tough week with prices near the key support level of $67.50. This price point has been significant for several years, suggesting that value buyers may step in as the market nears this key area. But the...
The Cable gained strength against its major counterparts following the Bank of England's recent monetary policy announcement. As anticipated, the BoE kept interest rates unchanged at 5%, a decision largely influenced by the higher-than-expected core...