EUR/USD was seen trading around the 1.13 zone after easing from session highsDespite the mild decline, the bullish outlook remains intact with price above key averagesTechnical support is seen around 1.1128 and 1.1087, while resistance looms near the … [Continue reading]
OPEC lowers its demand forecast only slightly – Commerzbank
OPEC revised its forecast for global oil demand slightly downwards in its monthly report published yesterday due to the expected impact of US tariffs. It now expects an increase of 1.3 million barrels per day for both this year and next. OPEC is thus … [Continue reading]
France Inflation ex-tobacco (MoM) up to 0.2% in March from previous 0%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
South Korea Trade Balance dipped from previous $4.99B to $4.92B in March
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
AUD/NZD Price Analysis: Pair remains under pressure below key moving averages
AUD/NZD was seen trading near the 1.0840 zone, mildly recovering after earlier lossesThe pair maintains a strong bearish outlook, trading below all major moving averagesMomentum indicators suggest continued downside, though RSI signals nearing … [Continue reading]
Fed’s Waller: Tariffs are the biggest shock to affect US economy
Fed Governor Christopher Waller said the Trump administration's tariffs posed a significant shock to the US economy that might force the Fed to cut rates to avert a recession, though they could also be just a negotiating tactic with minimal lasting … [Continue reading]
EUR/USD Price Forecast: Higher high still on the table
EUR/USD Current price: 1.1369Easing tariff-related concerns underpin the mood, but the USD is still in trouble.Federal Reserve officials will flood the news wires in the American session. EUR/USD corrects near-term extreme overbought conditions, yet … [Continue reading]
Gold price eases from record high amid positive risk tone; bullish bias remains
Gold price refreshes record high as US-China trade war underpins safe-haven demand.A positive risk tone caps gains for the precious metal amid a slightly overbought daily RSI.US recession fears, Fed rate cut bets, and a bearish USD should support the … [Continue reading]
Japanese Yen remains on the front foot against USD amid heightened safe-haven demand
The Japanese Yen continues to attract safe-haven flows amid the escalating US-China trade war.Hopes that Japan might strike a trade deal with the US contribute to the bid tone around the JPY.The divergent BoJ-Fed policy expectations provide an … [Continue reading]
Germany’s Merz: US President Trump’s policies are increasing the risk of next financial crisis
In a Handelsblatt interview on Saturday, German Chancellor-in-waiting Friedrich Merz said, US “President Trump’s policies are increasing the risk that the next financial crisis will hit sooner than expected.”Further comments"Yes, I’m hoping for … [Continue reading]