Welcome to Liberation Day. Tariffs are front and center for markets ahead of this afternoon’s announcement from the White House, due around 4pm from the…
AUD/USD softens to around 0.6280 in Monday’s early Asian session. Global trade concerns ahead of potential US tariffs weigh on the Aussie. US core inflation…
EUR/USD was seen trading near the 1.0830 zone on Friday after the European session, moving closer to the top of its daily range. Despite mixed…
NZD/USD was seen trading near the 0.5740 zone on Thursday, posting modest gains ahead of the Asian session. Despite mixed oscillator signals, the pair maintains…
WTI price gains momentum to near $69.60 in Thursday’s early Asian session. Trump said any country buying Venezuelan oil will face a 25% tariff. Crude…
The DXY trades near the 104.30 area after a modest upward reaction to economic data. Traders weigh durable goods strength and fresh copper tariff comments…
The US Dollar (USD) is slightly softer on the session. The USD benefitted from stronger than expected preliminary March US PMI data yesterday which fended…
Germany’s Manufacturing PMI advanced to 48.3 in March vs. 47.7 anticipated. Services PMI for the German economy dropped to 50.2 in March vs. 51.4 forecast.…
EUR/GBP drifts higher to around 0.8380 in Monday’s early European session. Germany’s upper house approved the measures to unlock hundreds of billions of Euros in…
Government borrowing data revealed a larger than forecast GBP10.7bn net public sector borrowing in February, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Gilts weaker on…