AUD/JPY Price Forecast: Retains positive bias above 98.50 amid fiscal expansion bets
The AUD/JPY cross extends its upside to around 98.80 during the early European session on Wednesday.
Gold drifts higher on softer US Dollar, traders await US CPI release, US-China trade talks
Gold price (XAU/USD) recovers to near $4,150 during the early European trading hours on Wednesday. The precious metal gains ground amid concerns over the impact of the US government shutdown and ongoing fears about unsustainable government debt globally.
Japanese Yen holds gains as Reuters poll suggests a BoJ rate hike by March 2026
The Japanese Yen (JPY) maintains its position against the US Dollar (USD) on Wednesday after three days of losses. The USD/JPY pair depreciated as the JPY gained ground following the release of Japan’s Merchandise Trade Balance Total data.
Safe haven assets slide on enhanced profit-taking activity
Both gold and silver futures have experienced declines, detaching from their respective record highs as investors capitalized on the overextension by taking profits. Silver has already shed 5% of its value within the past three sessions and today is down by almost another 5%, trending near the $50 per ounce level, whereas gold managed so […]
EUR/JPY Price Forecast: Hovers around 176.00 after rebounding from confluence support zone
EUR/JPY halts its four-day losing streak, trading around 176.00 during the European hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bullish bias as the currency cross is positioned within the ascending channel pattern.
USD/CAD drifts higher above 1.4050 as Canadian CPI inflation looms
The USD/CAD pair gathers strength to near 1.4060 during the early European trading hours on Tuesday.
Japanese Yen might struggle to lure buyers as change in Japan’s leadership fuels BoJ uncertainty
The Japanese Yen (JPY) trims a part of its heavy intraday losses that followed a key parliamentary vote, which confirms Sanae Takaichi to become Japan’s first female Prime Minister.
Australian Dollar remains subdued as US Dollar corrects upwards
The Australian Dollar (AUD) declines against the US Dollar (USD) on Tuesday, losing its daily gains. However, the AUD/USD pair appreciated as the AUD received support from improved market sentiment amid progress on a United States (US)-Australia trade agreement.
Gold’s Weekly Update: The bullion seeks to claim new highs after pullback
Strong demand for the shiny metal continues to roll in, pushing its price into fresh record highs week after week as investors flee towards safety amidst ongoing geopolitical turmoil. In this report we outline yet again the bullish catalysts aiding the bullion north, we draft a rough outlook on what to expect and we conclude […]
CCP to announce its fourth plenum goals
In the Great Hall of the People, the Central Committee of the Chinese communist party has set in motion the most important, four-day, political meeting of the year, dubbed the plenum, discussing and unravelling how strategic policy decisions will steer the nation’s development in the next five years. A draft of the next five-year plan, […]
Anxiousness over credit weighs on Wall Street
All three major US stock market indices steadily shed their early premarket gains yesterday and closed the session in the reds after two US regional banks disclosed loan problems involving alleged fraud, bolstering fears of broader credit market stress. Losses continue to roll in during today’s premarket session, with market participants reacting swiftly, almost identically, […]
Oil Weekly Update: Oil futures drop to 5-month lows
Technical Analysis of Oil US-China trade tensions flare up, pressuring crude oil near the $58 per barrel area. Crude futures found temporary support near the $58.00 (S1) after the bears took the initiative and pressed the commodity definitively below the $61.50, then longstanding support level, as US-China tensions flared up. Given the definitive break below […]
TSMC earnings results boost AI optimism
Tech optimism continues to outweigh trade fears and the lack of economic news releases, strengthening the bullish momentum in US equity markets, driving the indices into new highs. The AI story has been central for the Nasdaq 100 this year and the fact that companies, directly involved in development and expansion of this emergent technological […]
ASML positioned to outperform
A global rush in AI investments yielded a record net bookings for the world’s most prominent chip equipment manufacturer in the third quarter of 2025, as the sprint towards AI superiority is well underway. Albeit missing its Revenue target by €224m, the company marginally surpassed its Earnings per Share target by almost 1%. The chipmaker […]
US Banking sector kickstarts the earnings season
After three consecutive weeks of an ongoing US government shutdown and the postponement of major economic news releases, traders are now turning their attention towards the official beginning of the last earnings season of 2025. Broad-based gains in US equity markets were primarily driven by robust earnings results, which aided all three major stock market […]
Gold’s Weekly Update: Gold’s price renews its bullish outlook
Since our last report gold’s bulls seemed to be hesitating on Thursday causing for a correction lower, yet renewed its bullish outlook the following day and during today’s Asian session reached All Time High levels. In the current report we are to have a look at the main issue of the past few days, namely […]
China’s diversified export market
China continues to push onwards, capturing more and more export market share, expanding its wide-reaching trade influence across the globe, despite the US trade-restraint countermeasures. Chinese exports rose to their highest level in over 6 months, expanding by an impressive 8.3% pace, toppling the 6% market expectation and almost doubling the 4.4% output of August […]
Silver’s monstrous rally to the top
The bullion is not the only precious metal that continues to shatter fresh record high after fresh record high from robust inflows from weary investors that seek safety, silver is as well. The precious metal that also has industrial properties, scaled for the first time in its trading history the $50 per ounce mark yesterday, […]
Oil Weekly Update: Gaza peace plan removes catalytic potency for crude
Technical Analysis of Oil I Chart – Crude futures in “equilibrium mode” as momentum thins out Crude futures are currently fluctuating near the $61.50 (S1) support base, a 4-month low, as bearish sentiment got countered by the return of the bulls, which contained the fall below the $60 mark. Given the lack of substantial fundamental […]
FOMC meeting minutes summary
US equity futures rallied in tandem after the latest FOMC minutes of the September meeting confirmed investors biases and outlooks for more rate reductions this year. Tech heavy Nasdaq finished the session 1% higher, the S&P500 clocked in a 0.7% gain, whereas the Dow Jones rose at softer 0.3% pace. Despite the government shutdown and […]