AUD/JPY trades near the 90.10 area after easing modestly ahead of the Asian session. Momentum indicators are mixed, but moving averages continue to align with…
USD/CAD trades near the 1.4000 area after bouncing from mid-1.38s earlier this week. Softer Canadian inflation and Powell’s tariff warnings pressure the Canadian Dollar outlook.…
DXY tumbles toward the 102 zone in Thursday’s session after Trump’s sweeping tariff plan fuels recession fears. Weaker ISM Services PMI and jobless claims add…
Federal Reserve Bank of Chicago President Austan Goolsbee said late Tuesday that US hard data are strong, but soft data are almost cratering. Goolsbee further…
DXY trades near the 104.20 zone after mixed reaction to PMI and Job Openings data. Manufacturing activity contracts and hiring slows, keeping stagflation risks in…
EUR/USD was seen hovering near the 1.0800 area after posting mild losses on Wednesday. Despite intraday softness, the broader trend remains bullish, supported by upward-sloping…
UK inflation dips to 2.8%, fueling BoE rate cut bets despite cautious central bank messaging. Reeves’ Spring Budget delivers £7bn in cuts, sticking to fiscal…
AUD/USD struggles for direction around 0.6300 after the release of the soft Aussie Monthly CPI data for February. Tax cuts and additional energy bill relief…
GBP/USD outlook: Cable eases after soft CPI data but still lacks clearer direction signals Cable fell to two-week low on Wednesday on softer than expected…
The US Dollar (USD) retains a soft undertone though movement in the major currencies is limited overall as the DXY tests last week’s 103.2 low.…