Following his meeting with Spanish Prime Minister Pedro Sanchez on Friday, Chinese President Xi Jinping said that “there is no winner in a tariff war.”…
USD/JPY slumps to near 143.55 in Friday’s early Asian session. An escalating trade war and uncertainty boost the safe-haven demand, supporting the Japanese Yen. The hawkish…
EUR/USD surged over 2.5% on Thursday, hitting a 21-month high. The Trump administration’s cyclical tariff strategy has eased market tensions for now. Key US sentiment…
Gold price gains momentum to a record high around $3,190 in Friday’s early Asian session. An escalation of the US-China trade underpins the Gold price. …
The Canadian Dollar rose to a four-month high on Thursday. Ongoing tariff tensions are pummeling the US Dollar. Little Canadian data worth noting on the…
Federal Reserve (Fed) Bank of Chicago President noted on Thursday that the most challenging aspect of managing the US economy from the Fed’s side of…
Federal Reserve (Fed) Board of Governors member Michelle Bowman noted on Thursday that although US growth figures remain healthy overall and inflation up to this…
Euro (EUR) is entering Thursday’s NA session with an impressive 1.1% gain, climbing back toward the upper end of its one-week range and threatening a…
Australian Dollar (AUD) rebounded 4% from its lows overnight after Trump pauses tariffs on most nations for 90 days. Pair was last at 0.6170 levels,…
Copper and other base metals rallied in early morning trading today following President Trump’s 90-day tariff pause, ING’s commodity analysts Warren Patterson and Ewa Manthey…