EUR/USD gains ground as the ECB is expected to pause easing policy in September. The Euro is bolstered by improved market sentiment fueled by hopes…
According to a Bloomberg survey, OPEC production fell slightly in July to 28.31 million barrels per day, Commerzbank’s commodity analyst Carsten Fritsch notes. Problem of…
The Pound Sterling (GBP) is weak, down 0.3% against the US Dollar (USD) and underperforming most of the G10 currencies with the exception of CHF,…
USD/CHF maintains position as market sentiment improves due to positive developments on trade deals. Trump announced a trade agreement with Japan that imposes a 15%…
The Australian Dollar remains subdued following the release of RBA Meeting Minutes on Tuesday. Most RBA members believed it was prudent to wait for confirmation…
Gold price may attract some buyers amid persistent trade-related uncertainties. Traders remain focused on this week’s trade negotiations between the US and the EU. US…
EUR/USD gains ground as the US Dollar declines due to rising global trade tensions. Trump announced that a 30% tariff on imports from the European…
WTI loses ground as rising trade tensions dampen global Oil demand. The IEA reported that Saudi Arabia exceeded its Oil output target against OPEC+ implied…
The Australian Dollar remains subdued after China’s trade balance data was released on Monday. Australia’s BHP signed a memorandum of understanding with Chinese battery manufacturer…
USD/CAD appreciates as Trump announced a 35% tariff rate for goods imported from Canada, effective August 1. President Trump defended his decision by pointing to…