UK GDP decreased 0.1% MoM in January, missing estimates by a wide margin. GBP/USD drops toward 1.2900 after the UK economic data. The UK economy…
Producer inflation in the US softened in February. US Dollar Index stays in positive territory above 103.50. The Producer Price Index (PPI) for final demand…
Created on March 12, 2025 The USD/RUB has continued to produce a trend lower, which has been built on financial institutions clearly remaining optimistic about…
EUR/USD weakens to around 1.0900 in Wednesday’s Asian trading hours. Renewed USD demand weighs on the major pair. Traders will take more cues from the…
The Dow Jones shed around 575 points on Thursday, as trade war fears resume. The more the Trump administration tries to soothe tariff fears, the…
USD/CAD rises to near 1.4360 even though the US Dollar slides to four-month low. US President Trump is set to reprieve tariffs on automobiles from…
WTI price remains under selling pressure around $66.45 in Thursday’s early Asian session. Crude oil stockpiles in the US rose by 3.614 million barrels last week,…
Gold price declines as rising US Treasury yields weigh on non-yielding assets. The precious metal may find support from safe-haven demand amid the implementation of…
The Pound Sterling gains even though BoE’s Dhingra sees more than four interest rate cuts this year. US Treasury yields bounce back as the US administration…
EUR/USD retraces below 1.0500 on Wednesday as the US Dollar gains amid a strong recovery in US bond yields. Republicans-controlled House of Representatives passed a…