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INFOSYS – Daily Elliott Wave technical analysis Function: Bearish Trend. Mode: Impulsive. Structure: Gray wave 3. Position: Orange wave 3. Direction next higher degrees: Gray wave 4. Details: Gray wave 2 appears completed; gray…
China’s Finance Ministry announced on Friday that they will impose additional tariffs of 34% on all US imports from April 10 in response to US…
Scope for US Dollar (USD) to weaken to 7.2430 before stabilisation can be expected vs Chinese Yuan (CNH); it is unclear if 7.2150 will come…
The Gold price initially rose to a new record high of $3,168 per troy ounce in response to US President Trump’s tariff announcements, but then…
EUR/USD retraces to near 1.1030 as the US Dollar recovers ahead of the US NFP data for March and Fed Powell’s speech. The reciprocal tariffs…
The Greenback is partially recovering lost ground against most major peers. Focus shifts now to the Nonfarm Payrolls and Fed Chairman Jerome Powell speaking. The…
New Zealand Dollar (NZD) is likely to trade in a range between 0.5720 and 0.5850 vs US Dollar (USD). In the longer run, for further…
Copper and other industrial metals slumped on Thursday amid concerns about how Trump’s latest tariffs threaten the global growth outlook, ING’s commodity analysts Warren Patterson…
Instead of continuing to rise, AUD is more likely to trade in a 0.6260/0.6360 range. In the longer run, AUD must break and hold above…
The euro is proving the surprise beneficiary of the trade-driven sell-off in risk assets, ING’s FX analyst Chris Turner notes. EUR/USD faces s massive trend…