Fed holds rates steady, Powell signals patience and data-dependence. Markets unwind rate-cut bets as Fed tones down preemptive easing. AUD/USD drops sharply to 0.6430 after…
The Japanese Yen (JPY) is weak, down 0.9% against the US Dollar (USD) and underperforming all the G10 currencies in response to the BoJ’s latest…
Pound Sterling (GBP) is performing well on the day with a 0.4% gain vs. the US Dollar (USD) and outperformance against most of the G10…
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…
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…
Italy plans to propose to its European guarantee scheme that could potentially trigger investments worth up to 200 billion euros ($216.48 billion) in the defence…
US President Donald Trump hit markets with fresh tariff headlines on Wednesday, re-reiterating his insistence on 25% tariffs on Canada and Mexico, as well as…
Created on February 20, 2025 The British Pound initially popped above the 1.14 level, an area that I have been watching for some time during…