NZD/USD climbs to around 0.5580 in Tuesday’s Asian session. Traders move to price in five Fed rate cuts by year-end. China’s central bank said it will...
The rush to sell risk assets is becoming a stampede, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. Stocks keep falling as China announces...
The Indian Rupee gains traction in Friday’s Asian session. Recovery in foreign inflows, weaker US Dollar and lower crude oil prices support the INR. The Indian...
Bank of Japan Governor Kazuo Ueda said early Friday that US tariffs are likely to exert downward pressure on Japan and the global economies. Key quotes US tariffs are...
NZD/USD softens to around 0.5730 in Thursday’s early Asian session. China will face a 54% tariff under the new Trump policy, weighing on the Kiwi. Traders...
The ISM Manufacturing PMI dropped into contraction territory below 50 in March. US Dollar Index holds slightly above 104.00 after the data. The business activity in...
GBP/USD Forecast: Pound Sterling could stretch lower if 1.2900 support fails GBP/USD recovered modestly after dipping below 1.2900 on Monday but closed the day in the...
USD/CAD regains traction to around 1.4390 in Monday’s late American session. Trump said that his reciprocal tariffs plan will target all other countries when it is...
NZD/USD drifts lower to 0.5705 in Monday’s Asian session. Trump plans to announce new “reciprocal” tariffs on Wednesday, weighing on the Kiwi. The official Chinese Manufacturing...
Traders are chasing safe havens such as Gold to fresh all-time highs ahead of reciprocal tariffs. Markets see US PCE and University of Michigan numbers release adding to...
The US Dollar Index holds gains as risk aversion increases due to concerns over potential US auto tariffs. US bond yields dropped to 3.98% for the...
The Australian Dollar depreciates as global trade concerns intensify ahead of potential US tariffs. A Reuters poll suggests the Reserve Bank of Australia (RBA) will keep...
Silver price appreciate amid safe-haven appeal following the US auto tariff announcement. The non-yielding Silver could have attracted buyers amid a weaker US Dollar and Treasury...
Markets are digesting recent announcements on Copper tariffs and Russia-Ukraine negotiations. US President Trump mentioned Copper tariffs are coming sooner than anticipated. The US Dollar Index...
WTI price drifts higher to near $69.00 in Tuesday’s early Asian session. Trump said he will impose secondary tariffs on Venezuela’s oil and gas. Hopes for...
EUR/USD fell below 1.08 after upbeat US Services PMI reading. Earlier this Monday, preliminary PMI data for March from Germany, France and the overall Eurozone comes...
The Indian Rupee gains ground in Monday’s Asian session. Fresh foreign and USD inflows support the INR. The preliminary readings of the India HSBC PMI and...
The Indian Rupee gains ground in Monday’s Asian session. Fresh foreign and USD inflows support the INR. The preliminary readings of the India HSBC PMI and...
AUD/USD drifts higher to 0.6280 in Monday’s early Asian session. Cautious RBA stance and China support underpin the Aussie. The preliminary reading of the US S&P...
Mexican Peso slips amid rising bets on Banxico rate cut and global uncertainty. Mexico’s economic data disappoints with private spending plunging and activity estimates pointing to...