USD/CHF reverses from 0.8250 highs, invalidating bullish engulfing pattern as sellers fade rally. RSI momentum favors bears; break below 0.8155 could expose 0.8100 and YTD…
EUR/USD climbs over 0.50% as US services sector contracts, private hiring disappoints. Trump doubles tariffs on steel and aluminum; markets await Xi call for US-China…
USD/CAD trades below 1.3700 after the Bank of Canada leaves rates unchanged at 2.75%. The Canadian Dollar is supported by the BoC’s cautious stance and…
AUD/USD edges higher near 0.6500, recovering Tuesday’s losses as the US Dollar softens. Weak US data pressures the Greenback, with ADP jobs and ISM Services…
Gold rallies from $3,343 low after ISM and ADP reports confirm US economic slowdown. Trump signs executive order raising metal tariffs to 50%, escalating US-China…
Australia’s GDP posted a 0.2% q/q rise in 1Q25, lower than consensus expectations for a 0.4% q/q print, and growth pace of 0.6% q/q in…
The Bank of Canada announced its latest interest rate decision, leaving its benchmark rate at 2.75%. The European Central Bank prepares for its rate decision…
GBP/USD rises modestly on Wednesday, trimming Tuesday’s decline. The UK was granted temporary relief from 50% US steel and aluminium tariffs. The US Dollar holds…
The USD is trading steady to a little softer overall in quiet trade. Global stocks are firmer while bonds are little changed in rather quiet…
USD/CAD is essentially flat as markets await the BoC policy decision. The economists’ consensus has swung to no change after anticipating a 25bps cut until…