Fundamental and Technical Pressures on the U.S. Dollar Against the Japanese Yen
The U.S. dollar traded at 146.22 against the Japanese yen yesterday, its lowest level since July 24, 2025, and is currently hovering near 147.00. The pair has declined by around 6% since the beginning of the year. Negative momentum appears to dominate the coming phase, driven by several fundamental and technical factors. Fundamental Factors: Rising […]
Oil Prices Fall to Two-Month Low Amid Demand Pressures and Geopolitical Uncertainty
Crude oil prices continued to decline, settling yesterday at $65.01 — their lowest level since June 6, 2025. Prices have fallen by about 10% from the July 30, 2025 peak of $72.80 to yesterday’s low of $65.01. They are also down roughly 12% year-to-date. Key negative factors weighing on oil prices include: Ongoing geopolitical uncertainty, […]
Mixed Factors Pressuring and Supporting Gold Prices
Gold prices fell yesterday to $3,331, their lowest level since August 1, 2025, before closing at $3,348. Since hitting an all-time high of $3,500 on April 22, 2025, prices have been trading sideways within a horizontal range between strong support at $3,200 and strong resistance at $3,400, searching for a clear direction either upward or […]
Ethereum Rally Fueled by ETFs, Policy Shift — Highest Since Dec 2021
Ethereum — the world’s second-largest cryptocurrency by market capitalization (around $519 million) after Bitcoin — reached $4,366 yesterday, its highest level since December 9, 2021. Prices have surged about 215% from the April 7 low of roughly $1,383 to yesterday’s peak of $4,366. Since the start of the year, Ethereum has gained about 30% and […]
Market Overview – Last Week’s Key Economic Developments
Last week saw the release of several important global economic data points. In the United States, oil inventories declined more than expected, and the trade deficit improved. However, factory orders contracted, the ISM Non-Manufacturing Index declined, and jobless claims rose. On the other hand, the Services PMI showed strong growth. In the Eurozone, the services […]
Bank of England Cuts Interest Rates Amid Policy Division and Stubborn Inflation
The Bank of England decided yesterday to cut interest rates by 25 basis points, as widely expected, bringing the rate down to 4.00%. What stood out, however, was that four out of the nine Monetary Policy Committee (MPC) members voted to keep rates unchanged—significantly higher than the one member markets had anticipated. Conversely, five members […]
Singapore’s Economic Performance Boosts the Appeal of the Singapore Dollar
The USD/SGD exchange rate recorded a level of 1.2843 yesterday, its lowest since July 28, 2025, and is currently trading near this level. The pair has declined by about 6% since the beginning of the year to date. Recent economic data from Singapore show that the Singapore Dollar has demonstrated resilience, as: The Non-Oil Export […]
Sideways Movement for the Chinese Yuan Amid Mixed Economic Data
The USD/CNH pair has been trading in a horizontal sideways range between 7.1500 and 7.2300 over the past three months, struggling to find a clear direction—whether upward or downward. The pair has declined by around 2% year-to-date. As for the Hang Seng Index, it has surged by approximately 24% since the beginning of the year, […]
Oil Prices Decline Amid Trade Pressures and Weak Economic Outlook
After crude oil prices reached $72.80 last week — their highest level since June 23, 2025 — a notable decline followed, with prices falling to $68.00 yesterday, marking a 7% drop. Since the beginning of the year, oil prices have decreased by approximately 8%. The main negative factors currently weighing on oil prices include: Persistent […]
Market Overview – Last Week’s Key Economic Events
The U.S. economy experienced a data-heavy week, marked by mixed signals. The Federal Reserve held interest rates steady at the 4.25%–4.50% range, as widely expected. Meanwhile, GDP growth for Q2 came in stronger than anticipated at 3.0%. Consumer confidence also improved, rising to 97.2, while ADP reported a gain of 104K private-sector jobs. However, official […]
