The US Dollar trades broadly flat and stabilizes after US CPI release on Wednesday. Traders see inflation roll off quicker than expected in February. The US Dollar Index holds in the mid-103.00 area with markets digesting the recent inflation … [Continue reading]
USD/CAD Price Forecast: Bulls retain control amid rising trade tensions, ahead of US CPI/BoC
USD/CAD attracts fresh buyers on Wednesday and is supported by a combination of factors. The US-Canada trade war, bearish Oil prices, and BoC rate hike bets undermine the Loonie. A modest USD bounce further lends support to the pair ahead of the US … [Continue reading]
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP volatility spike expected around US CPI release
Bitcoin price hovers around $82,700 on Wednesday after recovering 5.52% the previous day. Ethereum price hovers around its weekly support of $1,900; a firm close below would suggest a further correction. XRP finds support around its daily level of … [Continue reading]
Gold price rises and clears $2,900 on trade market jitters
XAU/USD extends gains amid geopolitical tensions despite solid US jobs data US tariffs on Canadian aluminum and steel imports begin on Wednesday, boosting Gold’s safe-haven appeal. Markets await US CPI inflation data on Wednesday and PPI on Thursday … [Continue reading]
Canadian Dollar loses ground for a third straight day as trade war heats up
The Canadian Dollar shed 0.3% against the Greenback on Tuesday. Bank of Canada (BoC) rate call looms large during the midweek session. US President Trump’s trade war against Canada has hit a new gear. The Canadian Dollar roiled on Tuesday, falling … [Continue reading]
USD/JPY surges to near 148.00 as Trump tariffs weigh on Japan’s economic outlook
USD/JPY rises sharply to near 148.00 as Japan is unlikely to avoid tariffs by the US. An expected increase in the US JOLTS Job Openings data for January has offered temporary support to the US Dollar. Both the US headline and core CPI are estimated … [Continue reading]
EUR/USD refreshes four-month high as US Dollar slumps on US slowdown fears
EUR/USD advances above 1.0900 as the US Dollar extends its downside amid growing concerns over the US economic outlook. The Euro gains as German Greens agreed to support defense spending plans. Investors await the US JOLTS Job Openings data for … [Continue reading]
Cardano eyes recovery as it retests key support, funding rate and bullish bets signal optimism
Cardano price recovers slightly on Tuesday after falling nearly 7% the previous day. On-chain data signals a recovery as ADA’s funding rate turns positive, with bullish bets at a monthly high. A daily candlestick close below $0.57 would invalidate … [Continue reading]
Japan’s Akazawa: FX should move stably, reflecting fundamentals
Japan's Economy Minister Ryosei Akazawa said on Tuesday that the Japanese economy is expected to recover moderately, though policymakers remain cautious about external risks.Akazawa emphasized potential headwinds from US trade policies and … [Continue reading]
US Dollar mildly up at the start of the week, markets await directions in CPI figures
DXY stalls around 103.95 as market sentiment remains fragile. Traders eye Wednesday’s US CPI data for fresh market direction. Nasdaq slides 3.3%, dragging broader equities lower. The US Dollar (USD) remains under pressure on Monday, with DXY … [Continue reading]