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]
China New Loans came in at 3640B, above forecasts (3000B) 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]
China M2 Money Supply (YoY) came in at 7% below forecasts (7.1%) 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]
President Trump’s memecoin leads crypto unlock with incoming supply pressure of over $320 million
Team members of the TRUMP meme coin launched by President Trump before his inauguration will receive $321.6 million worth of token unlocks next week.TRUMP unlock accounts for over 60% of next week's insider unlocks worth $519 million.Fast Token and … [Continue reading]
Bitcoin and crypto market sees recovery as Fed official says agency ready to stabilize market if necessary
Boston Fed President Susan Collins said the agency will deploy tools to stabilize the market if liquidity concerns rise.Bitcoin reclaimed the $83,000 mark on Thursday following Collins' comments and a lower-than-expected PPI data.Ethereum, XRP and … [Continue reading]
Banxico minutes signal more easing ahead as economy slows
Banxico board sees increased economic slack and downside inflation risks, reinforcing expectations for more rate cuts.Majority noted orderly MXN trading and improving liquidity conditions despite external volatility.USD/MXN could test 20.00 if … [Continue reading]