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In gas, natural gas prices in Europe extended declines for a fourth straight session and fell around 4.9% day-on-day at one point in time to trade below EUR32/MWh (the lowest since July) on Friday, ING's commodity experts Ewa Manthey and Warren Patterson note. US natural gas stays weak amid mild wea

USD/CAD trades near the 1.3900 zone in a tight range ahead of the weekendContradictory US-China tariff headlines and resilient oil prices shape sentimentResistance is seen at 1.3893 and 1.3986, with support at 1.3855 The USD/CAD pair holds steady around the 1.3900 zone on Friday as markets weigh fre

AUD/JPY scales higher for the third straight day amid optimism over a US-China trade deal.Receding safe-haven demand undermines the JPY and lends additional support to the cross.The divergent BoJ-RBA policy expectations warrant caution for aggressive bullish traders. The AUD/JPY cross attracts some

USD/CAD remains under pressure around 1.3835 in Tuesday’s early Asian session. Concerns about the Fed’s independence and US economic slowdown drag the US Dollar lower. Lower crude oil prices might weigh on the Loonie and cap the pair’s downside. The USD/CAD pair loses ground to near 1.3835 during th

Dollar Index The dollar index remains within a narrow consolidation above new multi-month low which extends into fifth consecutive day. Larger bears are taking a breather after a sharp fall in past two weeks, when the dollar was deflated by imposed and subsequent delayed massive US import tariffs th

Yesterday was yet another ugly day of trading, especially for the US and the technology companies. Discouraging news started flowing since early hours of the European session: ASML announced a bigger fall in its orders in the Q1 and its CEO blamed the tariff uncertainty for the soft numbers. A few h

NZD/USD drifts lower despite stronger NZD CPI print and snaps a six-day winning streak.A modest USD uptick fails to assist spot prices to make it through the 50% Fibo. level.The bullish technical setup supports prospects for the emergence of some dip-buying. The NZD/USD pair retreats from the vicini

US Dollar Index – DXY is moving as anticipated from technical and Elliott wave perspective since the start of 2025 and we have been talking a lot in the past months. On January 03, we warned about a strong resistance for wave (C) of an (A)(B)(C) correction in wave B that can cause a reversal down fo

EUR/USD did some serious damage to the long-term charts last week and broke out of a bear trend which had roughly contained price action since 2008. 1.11/1.12 is now going to be important support, and presumably the buy-side (including both the private and public sectors) will now be EUR/USD buyers

Despite the current turbulence in the US dollar, we see short-term recovery potential for the US currency. According to our economists, the backtracking by the US administration reduces the risk of a US recession and thus the need for the Federal Reserve to react to the impact of the tariffs with ra

It was only a week ago when I wrote about the massive shorting opportunity in FCX – a copper/gold mining stock, and it moved right to my target area even though it seemed distant. Congratulations to everyone that participated in that trade (my subscribers took profits)! If that wasn’t you – after th