USD/CAD trades with negative bias for the fourth successive day amid the prevalent USD selling bias. Worries that Trump’s tariffs might trigger a US recession…
Gold price rebounds to around $3,115 in Thursday’s late American session. The heightened economic uncertainty supports the safe-haven demand, supporting the Gold price. Traders await…
DXY tumbles toward the 102 zone in Thursday’s session after Trump’s sweeping tariff plan fuels recession fears. Weaker ISM Services PMI and jobless claims add…
AUD/USD trades in negative territory near 0.6280 in Thursday’s early Asian session. China will face a 54% tariff under the new Trump policy, weighing on…
Created on April 02, 2025 Cryptos and the major stock indices all experienced sharp declines following the release, while gold rallied to a new record…
Federal Reserve Bank of Chicago President Austan Goolsbee said late Tuesday that US hard data are strong, but soft data are almost cratering. Goolsbee further…
Mexican Peso gains 0.53% despite weak Mexican data, supported by broad USD softness after gloomy US data. Markets now price in 79 bps of Fed…
DXY trades near the 104.20 zone after mixed reaction to PMI and Job Openings data. Manufacturing activity contracts and hiring slows, keeping stagflation risks in…
European Central Bank (ECB) policymaker Olli Rehn commented on the Bank’s interest rate outlook on Tuesday. He noted: “If the data verify the baseline and…
The currency market caught up with the tariff threat at the start of this week, with the dollar stronger across the board, the yen supported,…