FxScouts

The mood on the European gas market remains nervous: the next futures contract for the reference price TTF is now trading 5% higher than Tuesday's low, Commerzbank's commodity analyst Barbara Lambrecht notes. Two thirds of the gas storage facility in Breitbrunn remains empty "EU storage facilities h

In response to Israel's attacks on Iran, the price of Gold also jumped, albeit without reaching a new record high, Commerzbank's commodity analysts Barbara Lambrecht and Carsten Fritsch notes. Gold to trade at $3,400 per troy ounce by the end of this year "In a report, the ECB emphasised the great i

What is U.S. Airline Stocks? U.S. airline stocks refer to the shares of airline companies listed on U.S. securities exchanges, primarily including American Airlines Group (AAL), Delta Air Lines (DAL), United Airlines (UAL), and Southwest Airlines (LUV). These companies hold significant positions in

The US and China have reached a new framework to revive their trade truce, with both sides signaling readiness to ease tariffs and resolve rare earth export issues. After two intense days of negotiations in London, the US and China have agreed to a trade framework that revives the truce initiated in

The United States (US) and China agreed to a preliminary deal on how to implement the consensus the two sides reached in Geneva, per Bloomberg. US negotiators said early Wednesday that they “absolutely expect” that issues around shipments of rare earth minerals and magnets will be resolved with the

USD/CAD dips toward 1.3700 despite stronger US JOLTS data as traders turn cautious ahead of Wednesday’s BoC decision.Technical setup favors bears with USD/CAD stuck in a descending channel; 1.3700 acts as short-term support.Momentum indicators suggest exhaustion with the RSI near oversold levels and

Japanese Yen (JPY) is strong, up 0.8% against the US Dollar (USD) and outperforming most of the G10 currencies in an environment of broad-based USD weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes. BoJ to maintain tightening bias "Domestic data remain strong, and the latest manufacturi

AUD/USD may target a six-month high at 0.6537, reached on Monday.The RSI remains above the 50 level, reinforcing the prevailing bullish bias.The crucial support appears at the nine-day EMA of 0.6448. The AUD/USD pair continues to lose ground for the second successive day, trading around 0.6450 durin

The Japanese Yen catches fresh bids in reaction to Japan’s strong Services PPI.The data reaffirms BoJ rate hike bets and boosts the JPY amid geopolitical risks. Dovish Fed expectations undermine the USD and exert pressure on USD/JPY. The Japanese Yen (JPY) attracts fresh buyers during the Asian sess