Blogs

Natural Gas (XNG/USD) is completely reversing on Tuesday, giving up earlier gains from Monday. The full paring back of those gains comes as both shipping companies and several main governments have taken measures to detour or defuse

The US Dollar (USD) is appreciating substantially against the Japanese Yen this Tuesday after Bank of Japan (BoJ) governor Kazuo Ueda delayed the timing again on the normalisation of the Bank’s monetary policy.

Losses for USD/CAD have snowballed following the break below the 200-DMA of 1.3510.

The Euro is crawling higher on Tuesday amid favorable risk sentiment.

Setting out to analyze the GBP/USD price outlook for 2024, there are plenty of unknowns and looming uncertainties that make it difficult to convincingly predict the course of the Pound Sterling against the US Dollar (USD) in the year ahead.

The Dollar is on the defensive weighed by Fed cuts hopes. The escalating tensions in the Middle East are supporting the safe-haven CHF.

Gold price (XAU/USD) struggles for a direction with further upside seemingly imminent as the Federal Reserve (Fed) sticks its head above the parapet, showing the guts to discuss interest rate cuts.

The year is drawing to a close. Antje Praefcke, FX Analyst at Commerzbank, does not expect substantial moves in EUR/USD over the coming days.

The Canadian Dollar is lagging other pro-cyclical currencies at the start of this week.

Economists at Société Général analyze EUR/SEK outlook as the pair is fast approaching projections of 11.07.