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Forex
Gold steadies as December Fed rate-cut bets rise ahead of key US data
Gold (XAU/USD) holds firm on Tuesday as traders price a greater likelihood of a Federal Reserve (Fed) interest rate cut in December following dovish-leaning remarks from…
Rate cut speculation raises concerns – UBS
In a recent audio comment, UBS's Paul Donovan discusses the implications of Federal Reserve Governor Christopher J. Waller's advocacy for a December rate cut, emphasizing the…
Yen under pressure amid speculative testing – ING
The Japanese Yen (JPY) faces continued pressure as geopolitical tensions over Taiwan and speculative trading test authorities’ tolerance, with potential Bank of Japan intervention…
USD/CNH struggles to break 50-DMA at 7.12 – Société Générale
USD/CNH faces downward pressure after failing to clear 7.12, with technical patterns pointing to a possible drop toward 7.05–7.01 if key support at 7.08 gives way, Société…
European Gas falls below EUR30/MWh amid calm market – ING
European gas prices slipped below EUR30/MWh as mild weather forecasts and ample LNG supply eased short-term concerns, though lower storage levels and fund positioning keep market…
WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $58.45 per barrel, down from Monday’s close at $58.89.Brent Oil Exchange Rate…
GBP/USD inches lower to near 1.3100 as UK Gilts tick down
GBP/USD loses ground after three days of gains, trading around 1.3100 during the Asian hours on Tuesday. The Pound Sterling (GBP) came under pressure as UK 10-year Gilt yields…
XAG/USD bulls have the upper hand near $51.50
Silver (XAG/USD) holds steady around the $51.45 region during the Asian session on Tuesday, nearly unchanged for the day. Meanwhile, the broader technical setup favors bullish…
Japanese Yen gains against softer USD as intervention fears persist
The Japanese Yen (JPY) edges higher during the Asian session on Tuesday and recovers a part of the overnight losses against its American counterpart amid speculations that…
Australian Dollar steadies as traders eye CPI, Fed rate cut bets rise
The Australian Dollar (AUD) moves little against the US Dollar (USD) on Tuesday after two days of gains. Traders await Australia’s first “complete” monthly CPI due on Wednesday for…