As if the prospect of renewed conflict with China were not enough, Donald Trump announced on Friday that he would double tariffs on steel and…
Here is what you need to know on Friday, May 30: The US Dollar (USD) struggles to gather strength against its rivals following Thursday’s volatile…
In April, China imported a record-breaking 2.92 million tons of Copper ore and concentrate. Over the last 12 months, a total of 28.8 million tons…
EUR/USD trades near the 1.1300 zone after modest losses in Thursday’s post-European session. Neutral momentum persists as mixed short-term indicators cloud the near-term outlook. Key…
The Japanese Yen ticks lower on Thursday, though the downside potential seems limited. Bets that the BoJ will hike rates in 2025 and trade uncertainties…
Last week, OPEC published a new compensation plan to offset the previous overproduction, Commerzbank’s commodity analyst Carsten Fritsch notes. OPEC announces new compensation cuts through…
EUR/USD posts modest losses near 1.0915 in Tuesday’s early Asian session. German spending plan and softer US Dollar might support the major pair. US Retail Sales…
AUD/JPY tests the psychological support level at 93.00. The 14-day RSI remains above the 30 mark, reinforcing the prevailing bearish bias. The pair could test the…