The Canadian Dollar (CAD) is moderately higher (with the MXN) as 25% steel/aluminum tariffs were enforced as of midnight. Yesterday’s swings in spot reflected the…
GBP/USD retreats from a multi-month top amid some repositioning ahead of the US CPI. Bets that the Fed will cut rates further amid recession fears…
USD/CAD slides to near 1.4400 amid weakness in the US Dollar. US President Trump’s tariff agenda has prompted uncertainty over the US economic outlook. The…
USD/CAD consolidates below 1.4400 as both the US Dollar and the Canadian Dollar are underperforming. Trump’s economic policies are expected to dent US economic growth.…
WTI edges lower amid worries that Trump’s trade tariffs would impact fuel demand. OPEC+ will proceed with oil output hikes from April, further weighing on…
Pound Sterling trades with caution while BoE guides gradual interest rate cut approach The Pound Sterling (GBP) trades cautiously against its peers on Thursday despite…
Silver drifts lower on Thursday and snaps a three-day winning streak to over a one-week high. The technical setup favors bulls and supports prospects for…
The Japanese Yen is undermined by a combination of factors, though it lacks bearish conviction. A positive risk tone, tariff jitters, and rebounding US bond…
After Tariffs Tuesday, we’ve arrived at Walkback Wednesday, it would seem. Commerce Sec. Lutnick provided some relief for markets last night when he suggested that…
NZD/USD holds steady after the release of an upbeat China Services Purchasing Managers’ Index. Deputy Governor Christian Hawkesby will serve as acting governor until March…