The GBP/USD pair could target the nine-day EMA support at 1.2613. The 14-day RSI remains above the 50 level, indicating sustained bullish momentum. The initial…
AUD/JPY extends its decline, reaching its lowest level since mid-September. RSI continues to fall in negative territory, reflecting increasing bearish pressure. MACD histogram shows rising…
China’s Commerce Ministry said on Wednesday that the country’s International Trade Representative and Vice Minister of Commerce, Wang Shouwe, has met with US business leaders.…
AUD/JPY holds ground following the release of the monthly Consumer Price Index. Australia’s monthly CPI rose by 2.5% YoY in January, compared to an anticipated…
NZD/USD depreciates as traders adopt caution as the February consumer confidence report looms. China’s Vice Commerce Minister has met with US business leaders to discuss…
USD/JPY climbs to around 149.30 in Wednesday’s Asian session, up 0.23% on the day. Risk-off mood and and rising bet of more rate hikes from…
US Consumer Confidence plunges to an 8-month low, inflation fears rise. Markets now price in 58 bps of Fed rate cuts, up from 40 bps…
The Australian Dollar remains tepid following the release of the monthly Consumer Price Index. Australia’s monthly CPI rose by 2.5% YoY in January, compared to…
Gold price drifts higher in Wednesday’s early Asian session. Trade war concerns among investors boost the safe-haven flows, benefiting the Gold price. Investors brace for…
US President Donald Trump signed another Executive Order late Tuesday, signaling for the US Commerce Department to launch an official “probe” into Copper markets. President…