AUD/USD has retraced its losses, but the Australian dollar remains fragile amid cross weakness and persistent US-China trade tensions. With the RBA likely to cut…
Created on April 16, 2025 EUR/USD Analysis Summary Today General Trend: Upward. Today’s EUR/USD Support Points: 1.1260 – 1.1190 – 1.1100, respectively. Today’s EUR/USD Resistance…
USD/CAD slumps to near 1.3900 due to a significant weakness in the US Dollar. Market participants start doubting the USD’s credibility due to Trump’s abrupt…
By Mahmoud Abdallah Reviewer Justin Paolini Fact-checker Justin Paolini Created on April 16, 2025 Today’s Gold Analysis Overview: General Trend: Gold is on the upside.…
The New Zealand dollar has shown resilience compared to its Australian counterpart, as markets see less tariff risk for NZ. Despite the RBNZ’s dovish stance—potentially…
This morning, the PBoC raised its USD/CNY exchange rate fixing again, paving the way for a slightly weaker CNY, Commerzbank’s FX analyst Volkmar Baur notes.…
LARSEN & TOUBRO Elliott Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Navy blue wave 1. Position: Gray wave 1. Direction next lower degrees: Navy blue wave 2. Details: Orange…
GBP/USD continues to benefit from broader dollar weakness and reserve diversification trends, with FX managers potentially trimming dollar holdings in favor of currencies like sterling.…
EUR/JPY rises as the Euro gains support from real money flows, with investors hedging Dollar exposure or repatriating US assets. The European Central Bank is…
Citing a person familiar with the Chinese government’s thinking., Bloomberg reported on Wednesday that China is willing to sit across the table with the US.…