Here is what you need to know on Friday, March 7: The US Dollar (USD) Index continues to edge lower on Friday and remains on…
DXY weakens further amid rising job cuts and trade deficit concerns. Challenger Job Cuts report shows layoffs surged over 100% in February. ECB cuts rates…
The central bank of Turkey will cut rates again by 250bp to 42.50% today, in line with market expectations. Monday’s inflation confirmed the disinflationary trend…
GBP/USD rose another 0.85% on Wednesday as the Pound rally continues. Greenback flows are softening as markets bet on tariff pivots. Cable’s three-day rally has…
DXY drops over 2.5% this week as selling pressure intensifies. ADP employment data misses expectations, showing hiring slowdown. ISM Services PMI beats forecasts, signaling economic…
Created on March 03, 2025 Bearish view Sell the AUD/USD pair and set a take-profit at 0.6100. Add a stop-loss at 0.6300. Timeline: 1-2 days.…
The Australian Dollar weakened as Trump reaffirmed his plan to impose an additional 10% tariff on Chinese imports. President Trump introduced new tariffs on Chinese…
Created on February 26, 2025 The US dollar has gone back and forth during the course of the trading session on Tuesday, as the market…
Created on February 26, 2025 The U.S. dollar has initially fallen a bit against the Mexican peso but has since turned around to show signs…
Weak US data and President Trump’s tariff threats boost hopes for a Federal Reserve interest rate cut and increase haven demand. Gold price consolidates the…