The Pound Sterling trades sideways around 1.2950 against the US Dollar as investors gauge the consequences of US President Trump’s tariff policies. US CPI inflation…
The Australian Dollar strengthens as the US Dollar struggles amid persistent tariff uncertainty and recession fears. Australia’s Consumer Inflation Expectations dropped to 3.6% in March,…
DXY remains muted as inflation slows faster than expected. China and the EU vow retaliation over US tariffs. Ukraine-Russia ceasefire deal under discussion. US Dollar…
The Canadian Dollar slipped 0.5% higher on Wednesday. The Bank of Canada delivered a broadly-expected 25 bps rate cut. Trade war concerns continue to boil…
The US Dollar trades broadly flat and stabilizes after a downbeat day on Tuesday. Traders brace for the February US CPI release on Wednesday. The…
The Pound Sterling clings to gains near 1.2950 against the US Dollar ahead of the US CPI data for February on Wednesday. US President Trump’s…
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 Australian Dollar struggles amid broad risk aversion and ongoing economic concerns in China. Australia’s strong economic data last week lowered expectations of further rate…
WTI price rebounds to around $66.25 in Wednesday’s early Asian session. Softer USD and rising Middle East geopolitical tensions boost the WTI price. Crude oil…
DXY plunges as US-Canada trade dispute escalates. US equities retreat, Dow Jones down over 1%. DXY dips below 103.50, with markets eyeing further downside. The…