West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $58.55 per barrel, down from Monday’s close at $58.69.
Forex
Here is what you need to know on Tuesday, December 9:
Forex
The EUR/USD pair gains ground to near 1.1645 during the early European session on Tuesday. The prospect of a US interest rate cut on Wednesday weighs on the US Dollar (USD) against the Euro (EUR).
Forex
The EUR/JPY cross trades on a firmer note around 181.60 during the early European session on Tuesday. The Japanese Yen (JPY) softens against the Euro (EUR) after a massive 7.6-magnitude earthquake shook northeastern Japan late on Monday, which briefly raised concerns about economic disruptions.
Australia’s hotter-than-expected inflation and the RBA’s hawkish stance have slashed expectations for rate cuts in 2026, pushing bond yield premiums over US Treasuries to multi-year highs. The widening spread is boosting demand for AUD assets and reinforcing medium-term strength in AUD/USD. Technicals stay bullish above 0.6605, supported by a major breakout, firm momentum signals, and an RSI rebound.
Forex
The USD/CAD pair struggles to capitalize on the previous day's goodish recovery from the 1.3800 mark, or its lowest level since September 22, and edges lower during the Asian session on Tuesday.
Commodities
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday.
Forex
EUR/USD slides 0.05% as the week begins, courtesy of broad US Dollar strength, amid choppy trading as traders brace for the Federal Reserve monetary policy decision. At the time of writing, the pair trades at 1.1637 after hitting a daily high of 1.1672.
December 8th North-American Session Recap – Classic pre-FOMC trading, some volatile but low magnitude moves across Markets. Check up the Daily asset and FX performance, what changed fundamentally and what's coming up tomorrow.
Forex
USD/JPY trades around 155.80 on Monday at the time of writing, up 0.30% on the day, supported by a recovery in the US Dollar (USD) and rising US Treasury yields.
