Gold price remains confined in a range on Friday as traders keenly await the US NFP release. Rising trade tensions, the risk-off mood, and a weaker...
The Australian Dollar weakens as the US Dollar remains firm ahead of Friday’s Nonfarm Payrolls release. The AUD may find support after Trump exempted Mexican and...
Trump delays reciprocal tariffs on Mexico until April 2 after talks with Sheinbaum. USD/MXN briefly falls as tariff relief boosts MXN before rebounding above 20.30. Traders...
DXY weakens further amid rising job cuts and trade deficit concerns. Challenger Job Cuts report shows layoffs surged over 100% in February. ECB cuts rates by...
The Dow Jones shed around 575 points on Thursday, as trade war fears resume. The more the Trump administration tries to soothe tariff fears, the worse...
EUR/USD moves higher to near 1.0840 as the ECB reduces its Deposit Facility rate by 25 bps to 2.5%. The ECB sees the core inflation averaging to 2.2% by...
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...
The US Dollar is facing its worst week in over one year. Traders pull their money out of the Greenback and into domestic currencies. The US...
The European Central Bank is on track to deliver another 25 bps interest rate cut on Thursday. The focus remains on the ECB’s updated economic forecasts...
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 Indian Rupee loses ground during Thursday’s Asian session. The weaker US Dollar and likely RBI intervention support the INR. Investors await the US Initial Jobless...
The Dow Jones gained 550 points from Tuesday’s tumble. Equities remain tepid as investors hope for signs of easing trade war tensions. Services PMI figures beat...
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...
The US Dollar drops against most major peers for a third day in a row. Traders are selling the US Dollar in favor of the Euro...
The Indian Rupee trades flat in Wednesday’s early Asian session. Renewed USD demand and persistent outflows by foreign institutional investors could undermine the INR. India’s HSBC...
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...
Australia’s Gross Domestic Product (GDP) grew 0.6% QoQ in the fourth quarter (Q4) of 2024 compared with the 0.3% growth in the third quarter, the Australian Bureau of...
XAU/USD climbs to $2,918 as weak US data weighs on the US Dollar. US imposes 25% tariffs on Mexico and Canada, 10% on China, boosting Gold’s...
The Mexican Peso plunges 1.79% as trade tensions escalate, nearing the 21.00 mark Trump enacts 25% tariffs on Mexico, citing fentanyl and immigration concerns. President Sheinbaum...
DXY extends Monday’s losses, dropping below 106.00 amid trade tensions. Canada and China retaliate against US tariffs, increasing economic uncertainty. Technical indicators suggest a bearish crossover...