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…
Mexican Peso appreciates 0.58% as USD/MXN dips below 20.00 on sour risk tone, weak US Dollar. Powell signals caution on inflation, notes downside risks and…
Nvidia and AMD plunge over 6% after the US imposes export license restrictions; losses could exceed $6.3 billion combined. US launches rare minerals investigation, pressures…
Here is what you need to know on Wednesday, April 16: Following a meager recovery on Tuesday, the US Dollar (USD) comes under renewed selling…
The Indian Rupee gathers strength in Wednesday’s Asian session. The softer US Dollar and lower crude oil prices continue to underpin the INR. The US…
The Greenback’s deep sell-off appears to have taken a breather on Tuesday despite trade tensions remained well in place, all against the backdrop of rising…
Mexican Peso tanks as USD/MXN spikes to 20.45 after China retaliates with 34% tariffs China strikes back with 34% duties on US goods; Trump’s fiery…
XAU/USD is pressured by the Fed’s hawkish tone and a liquidity crunch. Powell signals tariffs could reaccelerate inflation, cooling rate cut bets and hammering Gold…
EUR/USD is looking for a foothold at the 1.1000 region. Fed Chair Powell threw cold water on rising rate cut hopes. US tariffs increase odds…
Gold drops for the second day as safe-haven appeal wanes, despite Powell highlighting increased downside risks. Powell states the Fed can delay action for clarity,…