The Pound Sterling trades firmly near 1.2900 against the US Dollar as investors see US President Trump tariffs less fearful. Trump is poised to provide a...
NZD/USD refreshes weekly high near 0.5750 as the New Zealand Dollar strengthens after Chinese officials left the door for additional monetary stimulus. PBOC Pan Gongsheng indicated...
Gold price holds steady near a one-week high, and lacks bullish conviction. Trade war fears, Fed rate cut bets, and a bearish USD support the XAU/USD...
The Federal Reserve’s (Fed) Summary of Commentary on Current Economic Conditions by Federal Reserve District, colloquially known as the Beige Book, is a collection of anecdotal...
GBP/USD surges as weak US data fuels Fed rate-cut bets The Pound Sterling (GBP) extended its gains versus the US Dollar (USD) on Wednesday, as market...
EUR/USD posts a fresh year-to-date high above 1.0700 as the US Dollar weakens amid uncertainty over US growth prospects. US President Trump reiterates that reciprocal tariffs to...
The Pound Sterling rises ahead of BoE Andrew Bailey’s testimony before Parliament’s Treasury Committee. Investors worry that US President Trump’s tariff agenda could weigh on the...
EUR/USD demonstrates strength around 1.0500 as a positive development towards ending the war in Ukraine has improved the Euro’s appeal. The ECB is expected to cut...
USD/CAD falls sharply to near 1.4420 as Canadian PM Trudeau announced retaliatory tariffs on the US. On Monday, US President Trump confirmed 25% tariffs on Canada and...
EUR/USD moves higher to near 1.0400 after the release of the flash German HICP for February and the US PCE inflation data for January. US President Trump...
The Pound Sterling turns flat against the US Dollar as US core PCE inflation cools on year in January. US President Trump proposes an additional 10%...
USD/CAD is falling slightly after the release of the US PCE inflation data for January and the Canadian Q4 and December GDP data. The US core...
USD/CAD attracts buyers for the sixth straight day amid the ongoing USD recovery. Concerns about Trump’s tariffs and softer Oil prices further undermine the Loonie. Traders...
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack noted on Thursday that interest rates are likely on hold for the time being as inflation data...
Kansas City Federal Reserve President Jeff Schmid said on Thursday that recent surveys indicating a rise in consumer inflation expectations showed the central bank must stay focused...
EUR/USD falls to near 1.0460 as US President Trump reiterates threats to impose 25% tariffs on cars and other imports from the Eurozone. The US Dollar...
USD/CAD posts a fresh 15-day high 1.4350 amid a strong recovery in the US Dollar. Investors expect Trump’s tax agenda to be pro-growth and inflationary for...
AUD/USD falls sharply to near 0.6300 as the US Dollar extends its recovery. The US Dollar strengthens as the US House of Representatives passes Trump’s tax...
EUR/USD faces pressure above 1.0500 as the US Dollar gains amid a strong recovery in US bond yields. Republicans-controlled House of Representatives passed a $4.5 trillion tax cut...
Federal Reserve (Fed) Bank of Richmond President Thomas Barkin cast his bets on another decline in Personal Consumption Expenditure (PCE) inflation later this week, noting that...