Forex
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AUD/USD holds steady below 0.6300 as Trump prepares to unveil reciprocal tariffs
AUD/USD flat lines around 0.6275 in Wednesday’s early Asian session. Trump is set on Wednesday to unveil reciprocal tariffs. The…
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JPY bears seem reluctant to place aggressive bets; USD/JPY remains below 150.00
The Japanese Yen drifts lower amid concerns that Trump’s tariffs would affect Japan’s industries. The divergent BoJ-Fed policy expectations should…
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NZD/USD advances to fresh weekly top, around 0.5720-0.5725 region
A combination of supporting factors pushes NZD/USD higher for the second straight day. A positive risk tone and Fed rate…
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USD/CAD Lower on Weak ISM And Canadian PMs Remarks
The mounting pressure on the Canadian dollar ahead of “Liberation Day” has sharply eased following the ISM data indicating a…
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Trade of The Day – AUD/USD
Facts:The pair bounced off the key resistance area near 0.6260Mid – term trend remains downwardHead and shoulders formation can be…
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Chart of The Day – AUD/USD
The Bank of Australia has decided to keep interest rates on hold at 4.1%, as expected, and the RBA has…
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Euro Moves Higher Despite Lower Eurozone CPI Reading
Eurozone CPI (Y/Y) Mar P: 2.2% (est 2.2%; prev 2.3%) – CPI (M/M): 0.6% (est 0.6%; prev 0.4%) – Core…
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To Buy or to Sell, That is The Question
We live in an era of turbulence in financial markets—pandemics, military conflicts, political uncertainty, the looming U.S. debt crisis, and…
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EUR Under Pressure Amid Weak PMI Data From Eurozone
Key PMI March headlines: Spain PMI Manufacturing Mar: 49.5 (est 49.7; prev 49.7) Switzerland Manufacturing PMI Mar: 48.9 (est 50.5; prev…
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EUR/USD holds positive ground above 1.0800, eyes on Eurozone inflation data, ECB’s Lagarde speech
EUR/USD edges higher to near 1.0815 in Tuesday’s early European session. Investors will closely monitor the new round of reciprocal…
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