Tariff revenue won’t compensate for the fiscal costs of TCJA extensions. Added tariff revenues will be below 1% of GDP – most likely 0.5-0.9% of…
GBP/USD pressured by upbeat US PMIs and growing confidence in the Greenback amid trade de-escalation signals. Trump eases market jitters by confirming no intention to…
The Pound Sterling (GBP) weakens and enters Wednesday’s American session with a modest decline, trading in tandem with the Euro (EUR), around the Trump trade/Fed…
The Canadian Dollar (CAD) is little changed on the day as spot continues to consolidate. Overnight developments have had no real impact on CAD sentiment…
The Wall Street Journal reported on Wednesday that the White House is considering slashing tariffs on Chinese goods to de-escalate the trade conflict. Citing one…
Since yesterday US stockmarkets have been on the rise as the market sentiment improved. On a fundamental level, we note the U-Turn of US President…
Created on April 23, 2025 Today’s Gold Analysis Overview: Overall Trend: Still bullish. Today’s Gold Price Support Levels: $3315 – $3260 – $3200 per ounce.…
Silver price climbs to near $33.00 as trade tensions between the US and China. US President Trump is confident of closing a deal with China.…
Created on April 23, 2025 EUR/USD Analysis Summary Today General Trend: Remains Bullish. Today’s EUR/USD Support Points: 1.1340 – 1.1260 – 1.1190, respectively. Today’s EUR/USD…
Japanese Yen (JPY) is soft, down 0.2% against the US Dollar (USD) and underperforming most of the G10 currencies, Scotiabank’s Chief FX Strategist Shaun Osborne…