The US Energy Information Administration (EIA) has revised its forecast for global oil demand downwards, Commerzbank’s commodity analyst Carsten Fritsch notes. Oversupply fears push oil…
Pound Sterling slumps as Trump tariffs prompt global economic risks The GBP/USD pair advances for a second straight session, trading near 1.2820 during Asian hours on Wednesday.…
Canadian Prime Minister Mark Carney said late Wednesday that a pause on reciprocal tariffs announced by US President Donald Trump is a welcome reprieve for…
Created on April 09, 2025 Potential signal: A small long could be had on a daily close above $31. I would have to have a…
NZD/USD ticks up as Trump’s comments fuel hopes of easing trade tensions. The NZD could encounter pressure as new US tariffs come into force, including…
WTI remains under pressure amid growing concerns about weakening global demand. New US tariffs came into effect today—most notably a sharp 104% duty on imports…
Gold price catches fresh bids on rising global trade tensions and recession fears. Bets for multiple Fed rate cuts weigh on the USD and support…
The Australian Dollar edges higher following comments from US President Donald Trump, signaling openness to trade negotiations. The AUD remains vulnerable as Trump threatened a…
AUD/JPY rebounds to around 89.40 in Tuesday’s early European session, adding 1.06% on the day. PBoC promised funding for sovereign funds to stablise markets hurt…
The US Chamber of Commerce is considering bringing the tariff battle to court, and some of its largest members are urging it to do so. The…