USD/KRW briefly backslid below 1,400.00 on Wednesday as the Korean Won catches a bid. Details remain thin, but US representatives were reported to have engaged…
The US Dollar (USD) is weakening broadly into Wednesday’s NA session, extending Tuesday’s CPI driven-decline and retracing most of its US/China-trade related relief gains from…
US Treasury Secretary Scott Bessent said on Tuesday that “talks in Geneva with China resulted in a mechanism to avoid escalation.” Additional quotes President Trump…
Gold price trades in negative territory around $3,235 in Tuesday’s Asian session. US and China agreed to de-escalate their trade war by lowering import tariffs…
USD/CAD gains momentum to around 1.3975 in Tuesday’s early Asian session. Easing trade tensions between the US and China lifts the US Dollar. Higher crude…
EUR/GBP declines to near 0.8410 as the Euro underperforms its risky peers due to the absence of progress in US-EU trade talks. The US and…
Gold price kicks off the new week on a weaker note in reaction to the optimism over the US-China trade deal. Easing US recession fears…
Gold price faces some selling pressure to around $3,275 in Monday’s early Asian session. US and China cite progress in trade talks, undermining the Gold…
AUD/USD gains ground to near 0.6420 in Monday’s early Asian session. China’s CPI fell for the third month amid ongoing economic struggles. The US and…
China’s Vice Premier He Lifeng described the weekend talks with US officials as “substantial progress” in stabilising bilateral trade relations, per Bloomberg. While neither side…