Copper prices extended gains as easing US-China trade tensions and assurances over Fed leadership boosted market sentiment. Trump’s mention of “substantial” tariff cuts sparked a…
The Canadian Dollar (CAD) has suffered much less than any other G10 currency from the USD rebound since Monday, when it had instead remained flat…
Gold prices have pulled back from recent record highs above $3,500/oz, as a softer tone from Trump on China and the Fed eased market tension.…
As investors breathe a sigh of relief after Trump reassured them he is not seeking to remove Fed Chair Powell, the upside potential for EUR/USD…
Oil, though, was unable to escape the broader risk-off move in markets yesterday. ICE Brent settled 2.5% lower on the day, ING’s commodity experts Ewa…
Fed Chair Jerome Powell delivered the clearest message since ‘liberation day’ yesterday, which was unquestionably hawkish, ING’s FX analyst Francesco Pesole notes. DXY can extend…
While a Bank of Canada hold is widely expected, it’s the looming US-Canada trade tensions and the outcome of Canada’s late-April election that may shape…
AUD/USD has retraced its losses, but the Australian dollar remains fragile amid cross weakness and persistent US-China trade tensions. With the RBA likely to cut…
The New Zealand dollar has shown resilience compared to its Australian counterpart, as markets see less tariff risk for NZ. Despite the RBNZ’s dovish stance—potentially…
GBP/USD continues to benefit from broader dollar weakness and reserve diversification trends, with FX managers potentially trimming dollar holdings in favor of currencies like sterling.…