Oil prices dropped sharply yesterday, where Brent plunged below USD74/bbl, Danske Bank’s analyst Jens Nærvig Pedersen notes. US consumer confidence figures weigh on risk sentiment…
GBP/USD climbs as US Dollar weakens due to falling yields The Pound Sterling (GBP) advanced early in the North American session, bouncing off a two-day low of…
USD/CHF struggles as the US Dollar loses ground following disappointing US economic data. Traders anticipate the Fed will keep its current stance for an extended…
EUR/CAD could continue its winning streak as Trump announced to proceed with tariffs on Canada and Mexico. The Euro may face challenges as the absence…
AUD/JPY faces challenges as the BoJ is widely expected to raise interest rates further. The risk-sensitive currency cross amid rising global uncertainties following fresh tariffs…
GBP/USD steadies near 1.2600, downside appears due to Trump’s tariff threats GBP/USD holds ground after registering losses in the previous two successive days, hovering around…
USD/CAD could increase further due to fresh tariffs from US President Donald Trump. The latest FOMC Meeting Minutes emphasized needing more time to assess multiple…
GBP/USD could struggle due to new tariff threats from US President Donald Trump. The latest FOMC Meeting Minutes emphasized needing more time to assess multiple…
EUR/JPY depreciates as expectations grow that the BoJ will raise interest rates to tackle persistent inflation. Japan’s trade deficit increased to JPY 2,758.78 billion in…
Created on November 12, 2020 Now fears over the logistics of actually distributing the vaccine are taking over the market, which may dwindle the enthusiasm…