The Australian Dollar holds ground as the US Dollar weakened following softer-than-expected US inflation data. Australia’s Wage Price Index rose by 0.9% QoQ in Q1,…
Germany’s ZEW Economic Sentiment Index bounced back to 25.2 in May. EUR/USD consolidates recovery gains above 1.1100 after German and Eurozone ZEW surveys. The headline German ZEW…
Nikkei 225 (N225) Wave technical analysis Function: Bullish Trend. Mode: Impulsive. Structure: Navy Blue Wave 1. Position: Gray Wave 3. Direction next lower degrees: Navy…
The Australian Dollar depreciated as the US and China reached a preliminary agreement to significantly reduce tariffs after Geneva talks. Australia’s Westpac Consumer Confidence Index…
The USD regains positive traction following Friday’s modest downtick and jumps to over a one-month high. The US-China trade deal optimism eases recession fears and…
The US Dollar Index extends gains to 100.86 on Friday before reversing course. Trump floats 80% tariff on Chinese goods, urging China to open up…
The USD climbs to a nearly one-month high on Friday amid a combination of supporting factors. The Fed’s hawkish pause earlier this week and easing…
The US Dollar Index may extend its gains as the Federal Reserve maintains a cautious policy stance. Fed Chair Jerome Powell cautioned that US trade…
Fed holds rates at 4.5%, acknowledges elevated inflation and rising risks. Labor market remains strong; economic activity expands despite trade volatility. US Dollar Index falls…
The US Dollar Index remains stronger as investors adopt a cautious stance ahead of the Federal Reserve’s interest rate decision. The focus is on Fed…