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Forex
Canadian Dollar remains stronger as risk-on mood weighs on US Dollar
USD/CAD struggles as reports suggest further US–Iran talks to secure a longer-term ceasefire. President Trump said Tehran initiated contact, while…
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Markets
Dollar Index trades vulnerably near 98.40 on hopes of US-Iran second round of talks
The US Dollar clings to Monday’s losses on US-Iran permanent ceasefire optimism. US VP Vance called negotiations with Iran “productive”.…
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Forex
NZD/USD treads water above 0.5850 following China’s Trade Balance data
NZD/USD remains steady following the release of China’s Trade Balance data for March. Market sentiment improves as reports suggest further…
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Metals
XAU/USD advances as diplomacy optimism and Fed uncertainty undermine USD
Gold attracts follow-through buyers on Tuesday as hopes for Iran diplomacy undermine the USD. Doubts over future rate moves by…
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Soft Commodities
Brazil Dryness and Brazilian Real Strength Push Coffee Prices Higher
May arabica coffee (KCK26) ton Monday closed up +0.75 (+0.25%), and May ICE robusta coffee (RMK26) closed up +27 (+0.81%).…
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Soft Commodities
Cocoa Prices Move Higher as the Dollar Turns Lower
May ICE NY cocoa (CCK26) on Monday closed up +32 (+0.99%), and May ICE London cocoa #7 (CAK26) closed up…
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Soft Commodities
Sugar Prices Drop to 6-Week Lows on Abundant Global Supplies
May NY world sugar #11 (SBK26) on Monday closed down -0.07 (-0.51%), and May London ICE white sugar #5 (SWK26)…
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Soft Commodities
Cotton Rally Extends
Cotton extended the gains to Monday, with contracts up 64 to 131 points at the close. The US dollar index…
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Soft Commodities
Soybeans Pressured Lower
Soybeans closed Monday with losses of 5 to 13 ¾ cents easing lower into the close. The cmdtyView national average Cash…
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Soft Commodities
Wheat Holds onto Rally as Condition Ratings Slip
The wheat complex posted strength on Monday, with double digit gains across the three exchanges. Chicago SRW futures were 6…
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