WTI price may decline due to expectations of resumed exports from Kurdistan’s oilfields. Iraq’s Oil Ministry confirmed plans to export 185,000 barrels per day from Kurdistan’s...
NZD/USD strengthens as Retail Sales rose 0.9% QoQ in Q4 2024, marking the strongest growth in three years. China’s annual policy statement highlights plans to advance...
The Australian Dollar advanced as the Chinese government announced its annual policy statement for 2025 on Sunday. The AUD received support from President Trump’s announcement of...
EUR/USD edges higher to 1.0480 in Monday’s early Asian session, up 0.18% on the day. Germany’s conservatives won the election, AfD leaped to second place, exit...
EUR/USD slips 0.22% to 1.0450 on Friday, reversing after testing the 100-day SMA. RSI drops sharply to 55, signaling weakening bullish momentum near the midpoint. MACD...
NZD/USD struggles as New Zealand posted a trade deficit of NZD 486 million in January. The New Zealand Dollar could face challenges as Governor Orr indicated...
EUR/USD could lose ground amid a potential bearish reversal as the pair trading within a rising wedge pattern. The downward correction would be indicated if the...
The Australian Dollar declines as the US Dollar experiences a technical upward correction. Australia’s Judo Bank Manufacturing PMI increased to 50.6 in February, up from 50.2...
NZD/USD trades with mild gains near 0.5765 in Friday’s early Asian session. US Initial Jobless Claims came in weaker than expected last week. Trump tariff threats...
EUR/USD flat lines around 1.0500 in Thursday’s late American session. US Initial Jobless Claims rose last week. Trump’s tariff threats and the ECB’s dovish stance might...
USD/CAD dips as traders digest Fed minutes, signaling cautious stance on rate cuts. Trump’s new tariffs on Canadian lumber add fresh trade uncertainty. Markets eye Canadian...
EUR/USD rises to 1.0440 on Thursday, reversing losses after a three-day decline. The pair rebounded strongly off the 20-day SMA, gaining over 0.40% of its intra-week...
GBP/USD climbs as soft US jobless claims data weakens the Greenback. UK inflation above 3% reduces the odds of aggressive BoE rate cuts. Traders eye Fed...
USD/CAD could increase further due to fresh tariffs from US President Donald Trump. The latest FOMC Meeting Minutes emphasized needing more time to assess multiple factors...
GBP/USD could struggle due to new tariff threats from US President Donald Trump. The latest FOMC Meeting Minutes emphasized needing more time to assess multiple factors...
AUD/USD extends its downside to around 0.6340 in Thursday’s early Asian session. Trump tariff threats lift the US Dollar against the Aussie. Investors brace for the...
EUR/USD edges lower to 1.0425 in Wednesday’s late American session. FOMC Minutes indicated that the Fed wants to take time before making adjustments to interest rates....
EUR/USD declines to 1.0430 on Wednesday, marking its third consecutive daily loss. The pair has already shed more than 0.50% over the course of the week. RSI...
GBP/USD falls 0.21% as Trump’s tariff threats fuel safe-haven demand. UK CPI jumps to 3%, exceeding forecasts, but BoE’s easing path remains intact. FOMC minutes in...
USD/CAD trades within a falling wedge pattern, a bullish formation that indicates a potential breakout to the upside. The pair could find immediate support around the...