WTI loses ground as rising trade tensions dampen global Oil demand. The IEA reported that Saudi Arabia exceeded its Oil output target against OPEC+ implied…
US Dollar Index may regain ground as safe-haven demand rises due to escalating tariff offensive. President Trump has signed an executive order delaying the implementation…
NZD/USD faces challenges as concerns over weakening oil demand rise amid decreasing odds of Fed rate cuts. The US NFP showed 147,000 new jobs added,…
GBP/USD steadies around 1.3650 due to rising uncertainty over Trump’s tariff plans GBP/USD holds ground for the second consecutive day, trading around 1.3660 during the…
AUD/JPY may explore the area around the five-month high at 95.75. Bullish bias strengthens as the 14-day RSI remains slightly above the 50 level. The…
Gold price edges lower on Wednesday amid a modest USD recovery from a multi-year low. A positive risk tone further fails to assist the commodity…
The Japanese Yen edges higher as strong domestic CPI reaffirms BoJ rate hike bets. Trade uncertainties and rising geopolitical tensions also benefit the safe-haven JPY.…
US Dollar Index appreciates amid the ongoing Israel-Iran conflict. The Federal Reserve announced to keep the policy rate unchanged at the 4.25%–4.50% range in June.…
AUD/JPY trades above 94.00 as improved risk sentiment and stronger-than-expected China Retail Sales support the Aussie. The Bank of Japan is expected to hold its…
NZD/USD remains silent amid escalating geopolitical tensions in the Middle East. China’s Retail Sales advanced 6.4% YoY in May, against the expected 5.0% rise. Business…