AUD/USD tumbles toward the 0.6050 region during Friday’s American session, marking a sharp intraday plunge.Trump’s aggressive tariffs spark fears of slower global growth and inflation; Fed Chair Powell warns of broader economic impact.Technical … [Continue reading]
Gold price slides as Powell warns on tariff-driven inflation
XAU/USD is pressured by the Fed’s hawkish tone and a liquidity crunch.Powell signals tariffs could reaccelerate inflation, cooling rate cut bets and hammering Gold prices.Financial Times reports hedge funds face largest margin calls since Covid, … [Continue reading]
AUD/JPY Price Analysis: Heavy losses drag pair near 88.60 as bearish momentum accelerates
AUD/JPY plunged near the 88.60 zone on Friday, marking a sharp retreat ahead of the Asian session.MACD confirms a sell signal as the pair faces broad bearish pressure despite neutral oscillators.Key resistance stands at 91.53 and 92.92, while moving … [Continue reading]
United States Baker Hughes US Oil Rig Count above forecasts (483): Actual (489)
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]
USD/CAD gains further to near 1.4240 after US/Canada employment data
USD/CAD climbs to near 1.4240 after the release of the employment data of both the US and Canada. The Canadian economy saw significant lay-offs while the US NFP data beats estimates.The reciprocal tariffs … [Continue reading]
US NFP: Finally, back to the data – Commerzbank
The US Dollar's direction today is likely to be largely determined by the US Non-Farm Payrolls report, which will be released at 1:30 pm BST. The employment report has taken a back seat in terms of its impact on the USD in recent months due to US … [Continue reading]
Singapore Retail Sales (YoY) fell from previous 4.5% to -3.6% in February
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]
What to expect from Bitcoin and XRP following Trump tariffs: Experts weigh in
The crypto market is down over 4% following President Trump's announcement of reciprocal tariffs on over 180 countries. Bitcoin may continue to see high volatility in the near term due to rising correlation with macroeconomic factors. Glassnode … [Continue reading]
Canadian Dollar rockets higher on tariff-fueled Greenback selloff
The Canadian Dollar clipped a 17-week high on Thursday. The Trump administration’s tariff unveiling has spooked markets. The Greenback is taking a beating instead of behaving like a safe haven as it has in the past. The Canadian Dollar (CAD) soared … [Continue reading]
United States 4-Week Bill Auction up to 4.24% from previous 4.22%
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]