Commodities
Gold price (XAU/USD) trades in negative territory near $4,210 during the early Asian session on Wednesday.
December 9th North-American Session Recap – Getting ready for tomorrow's long-awaited FOMC meeting. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up tomorrow.
Diving into the Interest Rate curve and the weird Market dynamics ahead of tomorrow's HUGE Federal Reserve event.
USD/JPY Technical Analysis: The Yen rout hits monthly highs despite an expected Federal Reserve rate cut. Distrust in Japan's fiscal-monetary coordination drives weakness, as traders doubt the Bank of Japan's ability to tighten against government stimulus. We analyze the pair ahead of the pivotal speech.
West Texas Intermediate (WTI) US Oil trades around $58.50 on Tuesday at the time of writing, down 0.40% on the day. The Crude Oil market is declining after the announcement of restored production at Iraq’s West Qurna 2 field, a development that increases short-term supply and pressures Oil prices.
Commodities
Silver (XAG/USD) and Gold (XAU/USD) Technical Analysis: Silver surges to record settlements, outperforming Gold which stalls in a narrow range. Industrial demand from AI and electrification drives the move. Both metals await the Federal Reserve decision. We analyze intraday charts to spot breakout targets based on the potential policy tone.
Forex
The Euro (EUR) holds steady against the British Pound (GBP) on Tuesday, with EUR/GBP oscillating within its familiar range as traders remain on the sidelines amid a lack of fresh catalysts, with attention gradually shifting toward next week’s monetary policy meetings from the European Central Bank (
Forex
The US Dollar nudges lower against the Swiss Franc on Tuesday, but is holding most of the gains taken over the last few days.
Forex
The US Dollar remains pinned near two-month lows at the 1.3800 area, with upside attempts so far limited to below 1.3860. The pair has lost about 2% since late November as investors began pricing in a Fed interest rate cut at this week's Federal Reserve meeting.
Commodities
Gold (XAU/USD) keeps trading in a choppy and volatile manner, moving roughly within a $40 range, both sides of the $4,200 line on Tuesday.
