GBP/USD builds on weekly gains and rises toward 1.3100 on Friday. China’s retaliation against heightened US tariffs put additional weight on the USD. The US economic...
The Australian Dollar may face headwinds as White House confirmed that US tariffs on Chinese goods have climbed to 145%. The AUD received a boost following...
Escalating tensions between the United States and China put markets in risk-off mode. Wall Street resumed its bearish route with the three major indexes down over...
The US Dollar Index trades weaker to around 102.70 in Thursday’s early European session. Fears of a US recession drag the US Dollar lower. Fed officials cautious as...
USD/CAD rebounds to around 1.4105 in Thursday’s early Asian session. Trump announced a 90-day pause on higher reciprocal tariffs on US trading partners. The US CPI...
GBP/USD edged higher after US President Donald Trump signaled a willingness to engage in trade negotiations. US Customs and Border Protection confirmed plans to start collecting...
Bank of Japan Governor Kazuo Ueda said early Wednesday that the uncertainty surrounding both domestic and overseas economies is increasing due to US tariffs. Ueda further stated...
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...