Natural Gas Futures: Extra Rebound Seems Not Favoured: (NG) Down By Over 3% In The Last 10 Sessions

(VIANEWS) – Considering advanced prints from CME Group for natural gas futures market, open interest resumed the downtrend and shrank by more than 8K contracts on Thursday. On the other hand, volume rose by more than 63K contracts amidst the ongoing erratic performance. FXStreet reported on the fact that thursday’s advance in prices of natural…

Read More

USD/JPY Hovers Around 146.00, Focus On Speeches From Fed Chair Powell, BoJ Governor Ueda: (USDJPY) Bullish By 5% In The Last 21 Sessions

(VIANEWS) – USD/JPY trades higher around 146.00, recovering the recent losses during early trading hours in the European session on Friday. The Japanese (Yen) experiences downward pressure due to mixed Japan’s inflation figures. FXStreet has confirmed that tokyo Consumer Price Index (CPI) for August fell to 2.9% on the annual rate vs. 3.0% expected, from…

Read More

AUD/USD Rebound Prods 0.6430 Resistance Amid Firmer Australia Retail Sales, China Stimulus News: (AUDUSD) Bearish Momentum With A 4% Drop In The Last 21 Sessions

(VIANEWS) – AUD/USD rises half a percent to around 0.6440 as it prods the key upside hurdle after witnessing upbeat Australia Retail Sales. Adding strength to the Aussie pair’s rebound could be China stimulus and the US Dollar’s retreat ahead of this week’s key inflation and employment data. FXStreet reported that that said, Australia’s seasonally…

Read More

USD/CAD Holds Below The 1.3600 Area, Eyes On US GDP, NFP: (USDCAD) Bullish Momentum With A 2% Jump In The Last 21 Sessions

(VIANEWS) – The USD/CAD pair loses some ground below the 1.3600 mark after retracing from 1.3640, the highest level since May. The major pair currently trades near 1.3596, losing 0.03% for the day. The economic data on Friday showed that the University of Michigan’s (UoM) Consumer Confidence Index for August declined to 69.5 from 71.6…

Read More

USD/JPY Consolidates Around Mid-146.00s, Bulls Have The Upper Hand Near YTD Peak: (USDJPY) Is 4% Up In The Last 21 Sessions

(VIANEWS) – The USD/JPY pair kicks off the new week on a subdued note and oscillates in a narrow trading band around mid-146.00s through the Asian session, just below its highest level since November 2022 touched on Friday. FXStreet reported on the fact that the US Dollar (USD) consolidates its recent strong gains to a…

Read More

Silver Price Analysis: XAG/USD Keeps Bounce Off 100-DMA Above $24.00 To Favor Bulls: (SI) Is 7% Up In The Last 10 Sessions

(VIANEWS) – Silver Price (XAG/USD) picks up bids to $24.30 as it defends the previous day’s rebound from the 100-DMA amid the early hours of Monday’s Asian trading session. FXStreet reported that in addition to the XAG/USD’s U-turn from the 100-DMA, the bullish MACD signals and firmer RSI (14), not overbought, also underpin bullish bias…

Read More

USD/CHF Price Analysis: Bears Moved In Around 0.8780s, Dragging Prices Lower: (USDCHF) Over 1% Up In The Last 21 Sessions

(VIANEWS) – USD/CHF retraces from a six-week high of 0.8876, drops as sellers outpaced buyers, as US Treasury bond yields dropped after the US Federal Reserve Chair Jerome Powell speech. At the time of writing, the USD/CHF is trading at 0.8838, down 0.06%. FXStreet reported that from a technical standpoint, the USD/CHF clashed with a…

Read More