AUD/USD Climbs Toward 0.6550 Ahead of RBA Policy Decision
The AUD/USD pair edges higher in European trading on Monday, rising around 0.11% to 0.6555, as the Australian Dollar (AUD)…
Category: Forex Basics
Oil: OPEC+ Signals Pause in Supply Increases – ING
OPEC+ confirmed on Sunday a modest oil supply increase of 137,000 barrels per day (bpd) for December, in line with…
USD/CAD: Signs of Progress, but Sustainable CAD Strength Still Distant – Commerzbank
According to Commerzbank FX analyst Michael Pfister, there are renewed signs of progress in Canada’s relations with the United States,…
USD/INR holds firm near two-week high as Fed’s hawkish tilt supports the Dollar
The Indian Rupee (INR) opened the week on a soft note, trading around 88.95 per US Dollar on Monday —…
Spot Gold slips as China scraps VAT rebate on gold sales – ING
Spot Gold prices came under renewed pressure after China announced the removal of a key value-added tax (VAT) rebate for…
Dow Jones Futures Edge Higher as AI and Fed Concerns Ease
Dow Jones futures are showing modest gains on Friday, pointing to a potentially positive start for Wall Street after Thursday’s…
Commerzbank: Russia Maintains Strong Crude Oil Exports Despite Sanctions
Russia continues to find sufficient buyers for its crude oil despite Western sanctions, according to Commerzbank commodity analyst Carsten Fritsch.…
Commerzbank: Investor Demand Drove Gold to Record Highs in Q3
Despite a sharp price correction of nearly USD 500 from its record high on October 20, Gold’s status as a…
Commerzbank: Copper Supply Concerns Likely to Persist Despite Price Pullback
While Copper prices have retreated slightly from their recent record highs, analysts at Commerzbank believe it is still too early…
Gold Price Forecast: XAU/USD Struggles to Hold Above $4,000 as Dollar Strengthens
Gold (XAU/USD) is facing renewed pressure after failing to sustain gains above the key $4,000 psychological mark. The precious metal’s…