USD/CAD declines as concerns over slowing economic growth and the impact of newly imposed tariffs weigh on market sentiment. US Commerce Secretary Howard Lutnick indicated that...
Here is what you need to know on Wednesday, March 5: The US Dollar (USD) continued to weaken against its rivals on Tuesday and the USD...
The Australian Dollar strengthens as the US Dollar weakens amid rising concerns over slowing US economic growth. Australia’s Gross Domestic Product grew by 0.6% QoQ in...
EUR/USD climbed higher after the European session, trading near the 1.0520 zone as bullish momentum strengthened. The pair pushed further above the 100-day SMA, adding nearly...
WTI gains ground as supply concerns grow following a heated argument between Trump and Zelenskiy. The deal of US-Ukraine’s rare earth minerals was abandoned after a...
USD/CAD softens to near 1.4440 in Monday’s early Asian session. Canada’s Q4 GDP grew by 2.6% on an annualized basis, stronger than expected. Trump will set exact...
EUR/USD gains as the latest US PCE inflation data aligns with expectations, easing concerns over unexpected US inflation spikes. A slight increase in US Treasury yields...
AUD/USD rebounds to around 0.6215 in Monday’s early Asian session. China’s NBS came in stronger than expected in February. Trump said he will impose an additional...
EUR/USD posts mild movements after a volatile week, bouncing slightly after recent sharp losses. After facing a third rejection at the 100-day SMA, the pair plummeted...
NZD/USD faces some selling pressure to around 0.5620 in Friday’s early Asian session, down 0.20% on the day. Trump vowed March 4 tariffs for Mexico, Canada...
EUR/USD extends its decline, hitting its lowest level in two weeks. RSI continues to weaken in negative territory, reflecting intensifying bearish momentum. The EUR/USD pair suffered...
The Australian Dollar holds gains after the release of a weaker-than-expected Private Capital Expenditure on Thursday. Australia’s Private Capital Expenditure unexpectedly contracted by 0.2% QoQ in...
USD/JPY could encounter resistance as the likelihood of additional rate hikes by the Bank of Japan increases. Traders await a set of crucial Japanese economic reports...
USD/JPY could encounter resistance as the likelihood of additional rate hikes by the Bank of Japan increases. Traders await a set of crucial Japanese economic reports...
Here is what you need to know on Wednesday, February 26: The US Dollar (USD) holds its ground against its rivals early Wednesday as markets adopt...
USD/CAD appreciates as the DXY advances toward 106.50, driven by rising US yields. Richmond Fed President Barkin emphasized the need for a cautious “wait and see”...
The GBP/USD pair could target the nine-day EMA support at 1.2613. The 14-day RSI remains above the 50 level, indicating sustained bullish momentum. The initial resistance...
EUR/USD posts moderate gains, nearing a key resistance zone. RSI climbs in positive territory, signaling to strengthen bullish momentum. Bulls appear poised for another retest of...
The GBP/USD pair remains in an ascending channel pattern. The pair may face immediate resistance at the two-month high of 1.2690. The primary support appears at...
Here is what you need to know on Monday, February 24: The Euro (EUR) gathers strength against its rivals to begin the week as investors assess...