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.
The British pound faces a policy dilemma as stronger UK data supports the currency while a dovish BoE outlook limits its upside.
Gold remains under pressure near $4,300 as a firm US dollar and rising Fed hike bets weigh on XAU/USD ahead of key inflation data.
US Treasury yields retreat after CPI data, but lingering Fed hike expectations keep markets cautious and support elevated bond yields
AUD/USD faces pressure as Fed rate-cut bets shift. The doji high keeps bulls cautious while traders watch key support and resistance levels.
Crude oil rebounds as hopes of a Hormuz arrangement ease supply concerns. WTI remains volatile as traders assess geopolitical risks and market direction.
Silver price remains under pressure as the failed neckline breakout keeps bears in control. Key levels around $64.10-$64.15 could guide the next move.
Gold holds near $4,343 as traders await US CPI data. Lower yields support XAU/USD, while inflation could influence Fed rate-hike expectations.
