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Forex

Mexican Peso surges as Trump-Sheinbaum call eases trade tensions
Mexican Peso soars as USD/MXN drops 1.14% amid weaker US Dollar. Trump and Sheinbaum describe call as “very productive,” boosting…
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Forex

EUR/USD gathers strength above 1.1350, ECB cuts interest rates by 25 bps
EUR/USD gains traction around 1.1370 in Friday’s early Asian session. ECB cut interest rates to their lowest level since late 2022. …
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Forex

USD/JPY weakens below 142.50 as Japanese CPI came in at 3.6% YoY in March
USD/JPY loses ground in Friday’s early Asian session. Japanese CPI climbed 3.6% YoY in March; core CPI rose 3.2%. The…
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Forex

GBP/USD hovers near six-month highs, 1.3300, eyes on US-UK trade discussions
GBP/USD rises as the US Dollar comes under pressure amid growing worries over the economic fallout from US tariffs. Federal…
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Forex

NZD/USD remains below five-month highs near 0.6000 due to trade policy focus
NZD/USD hovers near the five-month high of 0.5979, reached on Thursday. Investors remain focused on US trade policy developments, particularly…
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Forex

USD/CAD moves above 1.3850, upside seems restrained due to improved Oil prices
USD/CAD gains support following hawkish remarks from Federal Reserve Chair Jerome Powell. CME FedWatch Tool suggested that traders are now…
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Metals

Gold price loses momentum on profit-taking
Gold price edges lower in Friday’s Asian session, pressured by profit-taking. Mounting uncertainty about tariffs and recession fears could boost…
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Energies

WTI drifts higher to near $63.50 on trade deal hopes, fresh Iran sanctions
WTI price extends the rally to a two-week high around $63.50 in Friday’s Asian session. Trump expressed optimism about reaching…
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Forex

Australian Dollar holds losses as trading remains silent on Good Friday
The Australian Dollar moves little as trading activity remains subdued due to the Good Friday holiday. Trump struck an optimistic…
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Forex

Trade of The Day – GBP/JPY
Facts:The price broke below the support at 188.32GBPJPY sits below 100-period moving average from H1 intervalHead and shoulders pattern can…
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