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]
Australia CFTC AUD NC Net Positions up to $-54.6K from previous $-58.8K
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]
Eurozone CFTC EUR NC Net Positions fell from previous €69.3K to €65K
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]
Japan CFTC JPY NC Net Positions increased to ¥177.8K from previous ¥171.9K
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]
Mexican Peso climbs on strong data, risk-on mood weighing on US Dollar
Mexican Peso set for 0.89% weekly gain as economic resilience surprises markets.Trump’s mixed tariff comments stir volatility, but risk appetite lifts emerging market currencies.Traders brace for Mexico’s Q1 GDP release next week to gauge recession … [Continue reading]
US President Trump: We will be reasonable on tariffs
US President Donald Trump said the US will be reasonable on tariffs, adding that markets are adjusting to tariff policy. He also said Iran's situation is going well and floated a potential interim deal with Iran.Market’s reaction to Trump’s … [Continue reading]
Pound Sterling gains on surprisingly positive UK Retail Sales data
The Pound Sterling rebounds against its major peers after the UK ONS reported upbeat Retail Sales data for March.Traders are confident of a 25 bps interest rate reduction by the BoE in May.De-escalation in the US-China trade war has supported the US … [Continue reading]
DXY: Technical rebound is under way – OCBC
Relative calm continues to be observed this week amid Trump’s de-escalation. Trump continued to speak about how his administration was talking to China about trade even as Beijing denied the existence of negotiations. Chinese Commerce Ministry … [Continue reading]
Gold price drifts lower as US-China trade deal hopes undermine safe-haven assets
Gold price bulls seem reluctant as a positive risk tone undermines demand for safe-haven assets.Thursday’s upbeat US macro data supports the USD, contributing to capping the precious metal.Geopolitical uncertainties and Fed rate cut bets should help … [Continue reading]
China’s Finance Ministry: Current world economic growth momentum is insufficient
China's Finance Ministry said on Friday that the current world economic growth momentum was insufficient, with tariff and trade wars further impacting economic and financial stability, per Reuters. He called on all parties to further improve the … [Continue reading]