Monthly Archives: September 2025
The Baker Hughes oil rig count in the United States increased from 418 to 424
Written on September 27, 2025 at 2:54 am, by
US oil rig count rises from 418 to 424, signaling increased drilling activity across the country.
After a two-day surge, USD/JPY retracts as tariff worries and US PCE data impact the dollar
Written on September 27, 2025 at 2:54 am, by
Japanese Yen gains as USD/JPY dips; inflation data, sentiment, and trade tensions weigh on Dollar strength.
In The Times, BoE’s Swati Dhingra stated that inflationary shocks in the UK will diminish
Written on September 27, 2025 at 2:39 am, by
BoE’s Dhingra sees inflation shocks as temporary; dovish tone gives modest gains to Pound Sterling.
Tensions from NATO and Trump tariffs cause the Euro to decline against the British Pound
Written on September 27, 2025 at 2:38 am, by
NATO tensions and Trump tariffs pressure EUR/GBP amid sparse data; technicals hint at potential retracement.
Tensions from NATO and Trump tariffs pressure the Euro, causing EUR/GBP to decline against the Pound
Written on September 27, 2025 at 2:23 am, by
Euro weakens versus Pound amid geopolitical tensions, sparse data; markets eye budget, GDP, and ECB remarks.
The UOB Group anticipates the USD/CNH will approach 7.1500 before experiencing a potential retracement
Written on September 27, 2025 at 2:09 am, by
USD nears resistance at 7.1500; momentum persists amid overbought signals, with support at 7.1380, 7.1330.
The declaration of force majeure at Indonesia’s Grasberg mine highlights the Copper market’s vulnerability to sentiment shifts
Written on September 27, 2025 at 2:08 am, by
Copper prices rise 5% after Grasberg mine accident deepens supply concerns amid falling smelter charges.
The UOB Group anticipates the US Dollar may approach 7.1500 prior to a pullback
Written on September 27, 2025 at 1:54 am, by
USD nears 7.1500 resistance; momentum builds but overbought conditions may limit further gains toward 7.1600.
Market sentiment in copper remains delicate, highlighted by a near 5% price increase after force majeure declaration.
Written on September 27, 2025 at 1:53 am, by
Copper prices jumped 5% after Grasberg mine accident, highlighting supply concerns amid fluctuating global production.
Markets are watching PMI data while the offshore Chinese Yuan holds around 7.14 against the US Dollar
Written on September 27, 2025 at 1:39 am, by
Chinese Yuan holds steady as markets await PMIs; manufacturing struggles, services show modest recovery signs.
