WTI price steadies after surging nearly 4% on Thursday. Easing trade tensions between major Oil consumers provides support for the Oil. Oil prices face headwinds…
The copper market initially did try to rally during the trading session on Wednesday but gave back gains rather quickly near the $4.80 level to…
GBP/USD faces initial resistance at the nine-day EMA of 1.3303. The 14-day RSI remains above 50, suggesting a bullish bias is still in play. A…
EUR/GBP may depreciate due to weaker-than-expected preliminary April HICP data from the Eurozone’s largest economies. Markets have largely priced in a 25 basis point rate…
UK Retail Sales improve and BoE seen less dovish, boosting Sterling demand. US Dollar pressured by risk-on mood and Fed entering pre-meeting blackout. Traders brace…
USD/CHF faces challenges as the US Dollar (USD) struggles against a backdrop of escalating economic and political uncertainty in the United States. The political and…
The US Dollar Index remains under pressure as concerns mount over the economic fallout from tariffs on the United States. The CME FedWatch Tool shows…
GBP/USD rises as the US Dollar comes under pressure amid growing worries over the economic fallout from US tariffs. Federal Reserve Chair Jerome Powell warned…
USD/CHF remains close to the 0.8099 mark—its lowest level since September 2011. The US Dollar remains under pressure as investor uncertainty lingers amid the unpredictable…
Dollar Index (DXY) inched modestly higher overnight but continues to trade near recent lows. Trump launched a probe into the need for tariffs on critical…