Moody’s cuts US debt rating, igniting US Dollar selloff and boosting EUR/USD. Euro gains despite light data flow as ECB and Fed speeches guide sentiment.…
USD/CHF is trading near a critical support area as the US Dollar Index (DXY) reverses course ahead of US-China trade talks in Switzerland this weekend.…
USD remains offered across the board as investor flows shift sharply into Asia, following a record 6% two-day surge in the Taiwan dollar (TWD) and…
April Nonfarm Payrolls beat consensus at 177K; Unemployment Rate steady at 4.2%, easing recession concerns. Trump pressures Fed to cut rates despite upbeat data; CBOT…
WTI price edges lower to $57.80 in Thursday’s Asian session. Saudi Arabia is taking strategic steps to maintain its economic stronghold by increasing oil production. …
The USD/JPY is trading slightly down, stuck in a tight range, as growth concerns pressure the Dollar while weak Japanese data caps Yen strength. US…
Mexican Peso depreciates as USD/MXN rises to 19.60 as safe-haven demand lifts Greenback. Mexico dodges technical recession, but outlook remains fragile, warns Pantheon Macroeconomics. US…
US economy contracts in Q1, first contraction since 2022, driven by surging imports. ADP jobs data disappoints; core PCE holds at 2.6%, stoking stagflation concerns.…
Where are markets today? European and U.S. stock futures are mixed this morning, with slight weakness prevailing across key benchmarks. Futures for the DAX, CAC…
Gold buyers regain control as risk-off sentiment spreads across financial markets. US Dollar and Treasury yields slide as traders bet on deeper Fed rate cuts.…