Monthly Archives: October 2025
Chinese smelters, aiming for increased exports, are impacting Copper and Zinc prices, reports Commerzbank
Written on October 17, 2025 at 11:53 pm, by anakin
Chinese smelters raise copper exports amid strong prices, affecting global copper and zinc market dynamics.
After reaching a peak near $4,380, gold stabilised above $4,300 following a slight retreat
Written on October 17, 2025 at 11:52 pm, by anakin
Gold remains above $4,300 after record high, supported by risk-off sentiment and a weakening US Dollar.
The Australian Dollar is likely to decline further, yet momentum may not suffice to hit 0.6443
Written on October 17, 2025 at 11:23 pm, by anakin
AUD likely to edge lower; key support at 0.6440, resistance at 0.6515 amid weak momentum.
The USD/CAD pair weakened to about 1.4040, influenced by US Dollar softness and falling oil prices
Written on October 17, 2025 at 11:22 pm, by anakin
USD/CAD dips as US shutdown, rate cut prospects, and trade tensions pressure Dollar; Oil impacts remain mixed.
Commerzbank’s Head of FX and Commodity Research observed that the environment is favourable for Gold
Written on October 17, 2025 at 10:53 pm, by anakin
Fed comments, rate cut expectations, and US-China tensions boost gold prices amid economic and market uncertainties.
According to UOB Group analysts, GBP might challenge 1.3530 if it surpasses 1.3475
Written on October 17, 2025 at 10:52 pm, by anakin
GBP may test 1.3475 amid easing momentum; support lies at 1.3400, resistance likely remains unbroken.
Commerzbank observes that the IEA’s oil supply surplus predictions may be overly optimistic and ambitious
Written on October 17, 2025 at 10:22 pm, by anakin
IEA forecasts 4 million barrels per day oil surplus, driven by rising supply and slowing demand growth.
Analysts from UOB Group suggest EUR may increase, needing to surpass 1.1720 for momentum
Written on October 17, 2025 at 9:53 pm, by anakin
EUR shows strong momentum; needs firm break above 1.1720 to target 1.1760, support at 1.1650.
Recent days have seen the Japanese Yen rebounding to approximately 150 against the US dollar unexpectedly
Written on October 17, 2025 at 9:52 pm, by anakin
Japanese Yen steadies near 150 amid political uncertainty; coalition talks signal reform hesitancy and cautious policies.
OCBC analysts observed that USD/JPY fell to 149.71, influenced by decreasing UST yields
Written on October 17, 2025 at 9:23 pm, by anakin
USD/JPY weakens amid falling US yields, political uncertainty in Japan, and declining bullish technical momentum.
