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Markets
WTI edges higher above $60.00 on geopolitical risks
Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.55 during the early Asian trading hours on Tuesday. The WTI price gains traction over one-month highs…
GBP/USD holds steady near 1.3475 amid Fed concerns, US CPI in focus
The GBP/USD pair edges higher for the second straight day on Tuesday and looks to build on the previous day's recovery from the 1.3390 region, or a three-week low. Spot prices…
Gold jumps above $4,600 on Fed uncertainty, safe-haven flows
Gold Price (XAU/USD) jumps to near $4,600 during the early Asian session on Tuesday. The precious metal extends the rally after retreating from a fresh record high of $4,630 in the…
Japanese Yen softens to near 158.00 amid Japan’s political concerns
The USD/JPY pair trades in positive territory near 158.10 during the early Asian session on Tuesday. The Japanese Yen (JPY) softens against the US Dollar (USD) amid political…
Double bottom at financial crisis lows sets up potential 77% bounce
FMC Corporation has traveled a brutal path from its 2021 peak near $140 down to current levels around $15.20, retracing nearly its entire post-Financial Crisis rally. But for…
Can $XOM break into blue skies?
There is a specific kind of tension that happens when a stock returns to its all-time high (ATH). For Exxon Mobil ($XOM), that level is $126.34. We’ve only seen price action at…
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AUD/USD rebounds as US Dollar weakens on Fed independence concerns
The Australian Dollar (AUD) gains traction against the US Dollar (USD) on Monday, with AUD/USD snapping a three-day losing streak as broad-based weakness in the Greenback lifts the…
FX Today: US inflation steps in
The US Dollar (USD) lost some of its shine on Monday, weighed down by renewed concerns over the Fed’s independence as investors seem to have started to pencil in a (more?) dovish…
NZD/USD climbs as Fed independence concerns weigh on US Dollar
NZD/USD advances and trades around 0.5770 on Monday, up 0.60% on the day at the time of writing. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) as renewed…