Author: admin

The Australian Dollar (AUD) holds firm against the US Dollar (USD) on Friday as traders look past this week’s Reserve Bank of Australia and Federal Reserve (Fed) monetary policy announcements and reassess the near-term interest-rate outlook. At the time of writing, AUD/USD is trading around 0.6656, stabilising after a short-lived dip toward 0.6632.The Reserve Bank of Australia (RBA) held its cash rate steady at 3.60%, marking a third consecutive pause while signalling a cautious, data-dependent stance amid lingering inflation risks. By contrast, the Federal Reserve delivered a 25 basis point (bps) rate cut, lowering the Federal Funds Rate to the…

EUR/USD holds firm at around 1.1741 on Friday, virtually unchanged, amid a parade of Federal Reserve (Fed) officials crossing the wires, following last Wednesday’s 25 basis points rate cut.EUR/USD tilted to the upside despite hawkish Fed comments tempering dovish expectationsDespite cutting rates, the Fed hinted that it would pause its easing cycle, entering a wait-and-see period as it digests delayed economic data due to the US government shutdown.In the meantime, Cleveland Fed Beth Hammack was hawkish, saying that “price pressures have been too high,” adding the Fed’s commitment to achieve inflation 2% goal. She added that the Fed decision was…

The Pound Sterling (GBP) remains under pressure heading into 2026 amid flat UK growth and the Bank of England’s ongoing easing cycle. Political uncertainties and ECB rate expectations support a gradual rise in EUR/GBP, projected to reach 0.89 over the next six months, Rabobank’s FX analyst Jane Foley reports.UK growth flatlines as BoE easing persists”Despite the relief that followed the UK’s November budget, the pound still faces headwinds into 2026. UK growth appears to be flatlining and the BoE is now in a minority of G10 central banks considered by the market to be still in the throes of its…

Copper prices surged to nearly $12,000 per ton following the Fed’s rate cut, up 36% year-to-date amid concerns that supply may lag rising demand. In response, Chilean mining companies plan record investments of $105 billion through 2034, including expansions at the Escondida and Collahuasi mines, Commerzbank’s commodity analyst Barbara Lambrecht notes. Expansion plans target Escondida and Collahuasi”The Copper price continues to set new records: After the Fed cut interest rates, it climbed significantly yesterday and reached almost $12,000 per ton this morning. The price is now 36% higher than at the beginning of the year. The main driver is concern…

The price of Silver is currently skyrocketing. Yesterday, the price reached a new record high of $64.3 per ounce, Commerzbank’s commodity analyst Carsten Fritsch notes. Prices surge 120% YTD, strongest gain since 1979″Since the beginning of the week, the price has risen by almost 10%, and by 27% over the last three weeks. The increase since the beginning of the year now stands at 120%. This means that Silver is on track for its strongest annual gain since 1979. The Gold/Silver ratio fell below 67 yesterday, its lowest level since June 2021, putting it only slightly above the average for…

The Japanese Yen (JPY) is slightly weaker versus the US Dollar (USD), underperforming most G10 currencies, as markets await next week’s BoJ meeting where a 25bps rate hike is widely expected. Policymakers signal the potential for further tightening in 2026, keeping USD/JPY range-bound between 154 and 157, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD/JPY stays range-bound amid hawkish BoJ signals”The yen is entering Friday’s NA session with a 0.2% decline vs. the USD and underperformance against all of the G10 currencies with the exception of the Skandies SEK and NOK.””Reports of a constructive, hawkish shift at…

West Texas Intermediate (WTI) Crude Oil remains under pressure on Friday, with prices struggling to find traction as persistent oversupply concerns continue to dominate market sentiment. At the time of writing, WTI is trading around $57.10, hovering near recent lows and on track to post a weekly decline of more than 4%.The broader tone in the oil market remains cautious as investors focus on signs that global supply continues to outpace demand. Geopolitical developments are also shaping sentiment. Markets remain attentive to Russia-Ukraine peace-talk optimism, with traders viewing any meaningful progress toward a deal as a potential pathway for additional…

Following the Federal Open Market Committee (FOMC) meeting, the US Dollar (USD) softened broadly while risk proxies, non-USD currencies, precious metals, and even crypto assets saw constructive moves. DXY last seen around 98.46 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note.Risk assets and precious metals gain”Post-FOMC market reaction has remained constructive for risk proxies, precious metals, non-USD FX and even crypto assets while USD traded broadly softer. We continue to expect USD to trade moderately softer as Fed easing erodes carry advantage while US exceptionalism fades.” “We reiterate that non-USD FX (especially those central banks likely to be…

The rupee is expected to trade with a negative bias as the delay in the trade deal between India and the US may weigh on the domestic unit. The rupee depreciated by 9 paise to close at an all-time low of 90.41 against the US dollar on Friday, as uncertainty over the India-US trade deal and persistent foreign fund outflows dented investor sentiment.Forex traders said the rupee is under pressure, largely due to aggressive dollar purchases by importers amid surging global precious metal prices.At the interbank foreign exchange, the rupee opened at 90.43 against the US dollar, then fell further…

The Indian rupee ended little changed after hitting a record low on Friday but notched its second weekly fall in a row as investors continued to fret over prolonged U.S.-India trade deal negotiations.Bankers and analysts expect the currency to keep drifting lower in the near term with interventions by the central bank keeping a lid on volatility. The rupee closed at 90.4150 per dollar, down 0.5% on the week. It fell to 90.55 in early trading but held above that level once the central bank stepped in to support the currency, traders said.”Pressure on the currency has persisted since steep…