The US Dollar holds near 99.5 as higher oil prices and Treasury yields support the greenback, while key resistance and Fed risks limit upside.
Brent crude rises as Middle East supply risks lift the outlook, with Rabobank forecasting $107 oil in Q4 2026 and warning of renewed highs.
Silver falls to $62.82 as stronger US Dollar demand and Fed rate-hike bets weigh on XAG/USD ahead of the Federal Reserve meeting.
EUR/USD faces renewed selling pressure after breaking 1.1565, with UOB seeing downside toward 1.1490 while 1.1600 caps any recovery.
Stronger UK growth is supporting the pound despite weak labour data, while rising energy prices and BoE rate expectations shape the GBP outlook.
Gold rebounds from 50-SMA support, but a stronger US dollar and Fed rate-hike bets keep XAU/USD under pressure ahead of the Fed decision.
GBP/USD faces renewed selling near 1.3480 as a stronger US Dollar pressures the pair ahead of key Fed and BoE decisions this week.
The Japanese Yen extends gains as traders await BoJ guidance. USD/JPY faces downside risks if Governor Ueda signals further policy normalisation.
WTI crude rises above $99.50 as Saudi pipeline risks and delayed Hormuz talks fuel concerns over energy supply disruptions.
Silver falls to around $63.22 as XAG/USD faces pressure from a stronger dollar, rate expectations and changing market sentiment.
Silver trades near $63 as Fed hike expectations and a stronger US dollar pressure XAG/USD. Key support and resistance levels remain in focus.
Gold remains near key support ahead of the FOMC as yields ease. OCBC sees a constructive medium-term outlook, but rates remain a key risk.
