Iran, Saudi Arabia, Pakistan, and Turkey agreed on Monday to continue security discussions and enhance regional cooperation following high-level talks held in Tehran, according to Islamic Republic of Iran Broadcasting (IRIB).A joint statement … [Continue reading]
Singapore Dollar: FOMC and yields steer SGD against US Dollar – OCBC
OCBC’s Christopher Wong notes USD/SGD drifted lower with the broader USD and US Treasury yields before paring losses, with external drivers back in focus after MAS’s October decision. The bank keeps a constructive medium-term view on SGD but sees … [Continue reading]
Canadian Dollar: Rate hikes in sight – Commerzbank
Commerzbank’s Norman Liebke notes that the Canadian Dollar has underperformed G10 peers but sees support from rising Bank of Canada rate expectations and high Oil prices. He argues that BoC communication has opened the door to rate hikes, while … [Continue reading]
British Pound retreats further, US Dollar picks up with the Fed in the spotlight
The British Pound (GBP) extends its reversal from the five-week highs reached against the US Dollar (USD) last week, as investors trim USD short positions ahead of the Federal Reserve’s (Fed) monetary policy meeting, due on Wednesday. The GBP/USD … [Continue reading]
Gold sticks to modest recovery gains above $4,000 as Fed hike bets cap upside
Gold (XAU/USD) stages a modest recovery from the vicinity of a three-month low, trading above the $4,000 psychological mark through Monday’s Asian session amid a softer US Dollar (USD). US President Donald Trump has ruled out immediate military … [Continue reading]
Silver Price Forecast: XAG/USD slips below $54.00 amid easing safe-haven demand
Silver price (XAG/USD) declines after opening at a bullish gap, trading around $53.70 per troy ounce during Asian hours. Silver price falls as safe-haven demand eases after US President Donald Trump ruled out immediate military action against Iran. … [Continue reading]
CFTC Report: WTI rally runs ahead of positioning
The week in one sentence: WTI prices surged while speculative longs were cut in the week to October 20, creating the clearest price/positioning divergence. Sterling and the Canadian Dollar led the constructive currency shift, while Yen longs also … [Continue reading]
Ethereum ETFs near fourth week of outflows as Coinbase Premium falls to June low
Ethereum price today: $2,370US spot Ethereum ETFs are on track for a fourth consecutive week of net outflows.The Coinbase Premium Index has dropped to its lowest level since June.ETH is testing the 100-day EMA and $2,355 support level.Ethereum (ETH) … [Continue reading]
Hyperliquid Strategies Lifts Buyback to $100M as HYPE Trades 21% Off Peak
Hyperliquid Strategies (PURR) announced Friday that its board had increased the buyback authorization from $30 million to $100 million, with approximately $72 million remaining available.Hyperliquid Strategies raises repurchase authorization to $100 … [Continue reading]
USD/JPY Price Forecast: Hammer signals rebound risk near 156.00
The Japanese Yen finished the week on a higher note as the USD/JPY pair registered losses of over 0.74% in the week, while holding firm daily amid a sour market mood. The pair trades at 156.85 as a ‘hammer candle pattern’ forms.USD/JPY Price … [Continue reading]