The British Pound Sterling steadies on upbeat Retail Sales data. The Euro pauses as markets digest Trump’s 50% tariff proposal on EU imports. EUR/GBP rises…
EUR/USD jumps to near 1.1350 due to weakness in the US Dollar as concerns over US fiscal imbalances persist. US President Trump’s new tax bill…
USD/CHF trades lower as the US Dollar struggles due to growing concerns over the fiscal deficit in the United States. The Congressional Budget Office expects…
Indian Rupee softens in Friday’s early European session. Likely foreign outflows and a weaker US Dollar weigh on the INR. Traders brace for Fedspeak later…
The Japanese Yen attracts fresh buyers as a hotter CPI print reaffirms BoJ rate hike bets. Hopes for an early US-Japan trade deal and a…
USD/CAD trades in positive territory near 1.3855 in Friday’s early Asian session. US S&P Manufacturing PMI climbed to 52.3 in May, stronger than expected. Lower…
Today’s Gold Analysis Overview: The overall Gold Trend: Tends towards an upward correction. Today’s Gold Support Levels: $3278 – $3220 – $3160 per ounce. Today’s…
EUR/USD rises further to near 1.1350 as the US Dollar remains under pressure due to Moody’s downgrade to the US credit rating. US President Trump…
Japanese Yen (JPY) is entering Wednesday’s NA session with an impressive 0.4% gain vs. the US Dollar (USD), a mid-performer among the G10 in an…
Yesterday’s hotter than expected April CPI data served to dampen expectations of a June BoC rate cut, putting some moderate, downward pressure on US/Canada interest…