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USD/JPY climbs to near 152.00 as Takaichi elected as Japan Prime Minister
The USD/JPY pair attracts some buyers to six-day peaks near 151.90 during the early Asian session on Wednesday. The Japanese Yen (JPY) weakens against the US Dollar (USD) after dovish Sanae Takaichi was elected as Japan's Prime Minister.

NZD/USD Price Forecast: Steadies around 0.5740 as traders await a catalyst
The New Zealand Dollar recovers some ground as Wednesday's Asian session begins, yet it remains hoovering at around 0.5740 for the third straight day, below the 20-day Simple Moving Average (SMA).

EUR/USD slips toward 1.16 as Dollar strengthens on easing US-China tensions
EUR/USD falls during the North American session, edges lower 0.31% as the Greenback remains bid as a sign of relief as US President Trump tempers his rhetoric on China. The pair trades at 1.1599 after reaching a high of 1.1655.

Canadian Dollar whipsaws after Canadian CPI inflation report
The Canadian Dollar (CAD) found some room to move on the high side of the US Dollar (USD) on Tuesday, paring away early session losses and keeping the Loonie entrenched in a recent consolidation zone.

FX Today: UK inflation data steal the show
The US Dollar (USD) managed to regain traction and clocked a marked bounce on turnaround Tuesday. The Greenback's recovery came on the back of easing trade tensions and alleviated fears surrounding the US credit risk.

Gold plummets over 5% in biggest drop since 2020
Gold plummets more than 5.50% on Tuesday as traders seem to book profits ahead of the release of September's Consumer Price Index (CPI) data in the US, and the Greenback recovers some ground. XAU/USD trades at $4,114 after diving from a daily high of $4,375.

AUD/USD Price Forecast: Rangebound with bearish bias intact below key SMAs
The Australian Dollar (AUD) trades on the back foot against the US Dollar (USD) on Tuesday, weighed down by broad-based Greenback strength amid cautious optimism that the US-China trade conflict could ease.

Dow Jones Industrial Average hits new record high as earnings drive stocks higher
The Dow Jones Industrial Average (DJIA) surged into a record high on Tuesday, testing above 47,000 and posting a new all-time intraday high of 47,126. 'Old economy' stocks from companies that produce physical goods rather than information or technology services and hardware rallied hard after the la

Swiss Franc weakens as the Greenback firms amid easing US-China trade tensions
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Tuesday, as the Greenback extends gains and fading risk aversion curbs demand for the Franc.

Silver sinks as risk-on sentiment, trade optimism weigh
Silver (XAG/USD) sinks on Tuesday, trading around $48.70 at the time of writing, down 7.00% for the day after briefly touching an intraday low at $47.90.

EUR/JPY climbs as Yen weakens on trade optimism, Eurozone stability
EUR/JPY trades around 176.20 on Tuesday at the time of writing, advancing by 0.40% for the day as investors rotate out of defensive assets amid improving market sentiment.

GBP/USD slips as Dollar rebounds, traders await UK and US CPI data
GBP/USD tumbles during the North American session, down over 0.17% as the Greenback stages a recovery, hitting a three day high according to the US Dollar Index (DXY). at the time of writing, the pair trades at 1.3384 after reaching a high of 1.3416.

GBP/JPY steady as Japan's new leadership weighs on Yen, UK fiscal strain persists
The British Pound (GBP) gains traction against the Japanese Yen (JPY) on Tuesday, as the Yen weakens across the board following Japan's parliamentary vote earlier in the day that confirmed Sanae Takaichi as the country's new Prime Minister.

WTI Oil stabilizes as oversupply concerns persist, Fed easing offers support
West Texas Intermediate (WTI) US Oil hovers around $57 on Tuesday at the time of writing, stable for the day.

USD/CAD steadies as hot Canadian CPI data trims BoC rate cut bets
The Canadian Dollar (CAD) steadies against the US Dollar (USD) on Tuesday, with USD/CAD erasing earlier gains following stronger-than-expected September inflation data. At the time of writing, the pair is trading around 1.4030, easing from session highs.

Copper market continues to see supply surplus in August - Commerzbank
According to the International Copper Study Group, the global Copper market recorded a supply surplus of 147 thousand tons in the first eight months of the year, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.

Gold demand in India supported by religious festivals - Commerzbank
Record high local Gold prices have apparently had no dampening effect on Gold demand in India recently - quite the contrary, Commerzbank's commodity analyst Carsten Fritsch notes.

Gold price rise is of historic magnitude - Commerzbank
The Gold price came under pressure on Friday and ultimately closed trading down 1.7% at $4,250 per troy ounce, Commerzbank's commodity analyst Carsten Fritsch notes.

China again imported more crude Oil than needed in September - Commerzbank
Nevertheless, there was a surplus of 570,000 barrels per day in China in September when crude Oil processing data is compared with crude Oil import and domestic crude Oil production data, Commerzbank's commodity analyst Carsten Fritsch notes.

EUR/CAD declines as Canadian Dollar rallies on robust inflation, Oil rebound
EUR/CAD drops by 0.40% on Tuesday at the time of writing, trading around 1.6270, as the Canadian Dollar (CAD) appreciates following stronger-than-expected inflation data.
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