The US Dollar (USD) is broadly consolidating despite soft sentiment, with the Dollar Index (DXY) heading…
Category: Forex
IEA forecasts considerable but slightly smaller oversupply – Commerzbank
The IEA now expects a smaller—but still hefty—Oil surplus in 2025, as softer OPEC+ output and…
CAD hits strongest level since September – Scotiabank
The Canadian Dollar (CAD) is extending its steady outperformance, backed by supportive rate differentials and a…
Russian seaborne Oil exports hit highest level since early 2022 – Commerzbank
Russian seaborne Crude exports have surged to multi-year highs, but a growing share appears unsold and…
EUR holds gains ahead of ECB meeting – Scotiabank
The Euro (EUR) trades defensively after modest weekly gains versus the US Dollar (USD), with short-term…
Cheaper European Gas diverts Qatari LNG toward India – Commerzbank
Lower European Gas prices (TTF) are having an impact: according to an analysis of ship tracking…
GBP holds weekly gains despite modest pullback – Scotiabank
The Pound Sterling (GBP) trades slightly lower but retains most of its weekly gains as UK…
Gold reclaims $4,300 on Fed rate cut tailwinds – Commerzbank
Gold rose above $4,300 per ounce as the Fed delivered a widely expected 25bps rate cut,…
JPY softens ahead of BoJ policy decision – Scotiabank
The Japanese Yen (JPY) is slightly weaker versus the US Dollar (USD), underperforming most G10 currencies,…
Silver hits record high at $64.3 – Commerzbank
The price of Silver is currently skyrocketing. Yesterday, the price reached a new record high of…