Unlike Trump 1.0, ASEAN now faces increasing risk of direct effects of tariffs under Trump 2.0. ASEAN can be exposed to product-specific tariffs, and the impact may be mitigated by universal nature, Standard Chartered's economists Edward Lee and … [Continue reading]
DeFi user loses over $700K USDC in a sandwich attack that experts suggest could be money laundering
A DeFi user lost over $700K to a sandwich attack on the Uniswap exchange. The user swapped 732,583 USDC to USDT but only received 18,636 USDT. Experts speculated that the transaction could be a money laundering scheme due to how the funds were … [Continue reading]
Australian Dollar holds gains despite softer Consumer Inflation Expectations
The Australian Dollar strengthens as the US Dollar struggles amid persistent tariff uncertainty and recession fears. Australia’s Consumer Inflation Expectations dropped to 3.6% in March, down from 4.6% in February. The latest US Consumer Price Index … [Continue reading]
Mexican Peso surges as traders price in Fed cuts after CPI decline
Mexican Peso drives USD/MXN towards the 20.00 figure. Tariff uncertainties persist but yield advantage keeps Peso attractive US CPI data softer than expected, raising bets on Fed rate cuts and boosting MXN appeal. Mexico’s Finance Minister … [Continue reading]
AUD/USD Price Forecast: There is a minor hurdle around 0.6360
AUD/USD added to Tuesday’s improvement beyond 0.6300. The US Dollar navigated a narrow range near recent lows. US recession fears and tariff concerns remained well in place. The Australian Dollar (AUD) managed to extend Tuesday’s uptick past the … [Continue reading]
US Dollar unphased by softer than expected inflation reading for February
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]