Commodities

Cocoa and Coffee: “very volatile”

Since the beginning of 2024, cocoa futures have more than doubled in price and are currently climbing for the seventh week in a row, hitting record levels. The mix of limited supply, high demand, and uncertain weather is keeping the...

Euro and Pound get some help from PMI reads | FX Research

Solid preliminary PMI data out of the Euro area helped to keep the Euro supported into dips, though overall we haven't seen much activity in markets so far on Monday....

Finally some relief for the Australian Dollar | FX Research

US CPI came in as expected on Wednesday, which has kept markets mostly confined to tighter consolidation. The data confirms expectations for another rate cut from the Fed next week. However, it also introduces the possibility that the Fed might...

Yen and Aussie slide | FX Research

The two biggest movers in the FX market on Wednesday have been the Yen and the Australian Dollar, both of which have come under significant pressure....

Currencies trying to fight their way back | FX Research

Tension has eased slightly as Tuesday progresses, with currencies regaining some stability against the US dollar. There was strong dollar demand at the start of the week following President-elect Trump's warnings to BRICS nations about adopting an alternative currency to...

Considering the next big upside target for bitcoin | FX Research

When considering trends, it's important to understand that markets tend to move in measured steps. Looking at the Bitcoin chart, the $69,000 high reached in 2021, followed by the low in 2022, represented a move of $53,540....

Thin trading conditions for remainder of week | FX Research

Wednesday's round of pre-holiday U.S. data came in mostly as expected. Overall, this left the market focused on month-end flows, which leaned heavily against the dollar. Broad-based dollar selling was observed, accompanied by a reduction in risk appetite, as reflected...

Talk of month end US Dollar selling | FX Research

We're seeing more "sell the fact" action on the Trump trade and hearing a lot of talk about month-end dollar outflows....

Trump tariff news absorbed by the market | FX Research

After absorbing the news of President-elect Trump vowing to impose tariffs on China, Canada, and Mexico, even the Canadian dollar, which slumped to its lowest level since mid-2020 against the buck, has been trying to find some demand....
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