USD/JPY falls below 144.000 despite a decent recovery in the US Dollar.US Appeals court lifted ban on Trump’s tariffs temporarily.Hot Tokyo CPI data has strengthened the Japanese Yen.The USD/JPY pair trades lower slightly below 144.00 during European … [Continue reading]
AUD/JPY drops to near 92.50 following Tokyo’s inflation, Aussie Retail Sales data
AUD/JPY loses ground as the Japanese Yen appreciates following Tokyo’s stronger core inflation data.The JPY draws support from safe-haven demand after the US federal Court ruling allowing Trump's tariffs to take effect.Australian Retail Sales fell … [Continue reading]
Trump administration considers allowing tariffs of up to 15% for 150 days – WSJ
Citing people familiar with the matter, the Wall Street Journal (WSJ) reported late Thursday, “US President Donald Trump's administration is considering an existing law that includes language allowing for tariffs of up to 15% for 150 days.”“The … [Continue reading]
Ethereum Price Forecast: ETH tackles $2,750 wall amid $1.6 billion options expiry on Deribit
Ethereum price today: $2,640Ethereum options worth $1.64 billion on Deribit will expire within next 24 hours, with 95% of puts potentially expiring worthless.The recent rising selling pressure could cause call options with strike prices at $2,700 and … [Continue reading]
Gold surges above $3,300 as US jobs data disappoints, Trump tariffs blocked
XAU/USD jumps 0.94% after weak labor report despite court ruling against Trump tariffs.Initial Jobless Claims rise above estimates, increasing pressure on Fed to consider rate cuts.US GDP confirms Q1 contraction; US Dollar tumbles, fueling safe-haven … [Continue reading]
Gold gains as US Dollar falls back, US court strikes down Trump’s tariffs
Gold price recovers its early losses as the US Dollar falls back, with the legal roadblock of Trump’s tariffs raising global economic uncertainty.The US court orders the administration to lift reciprocal import duties and tariffs related to fentanyl … [Continue reading]
EUR/USD dips lower with the Dollar rallying after a US court ban on tariffs
EUR/USD extends losses as the USD is boosted in a risk-relief rally.The market has welcomed a US court decision to block trade tariffs. In Europe, weak macroeconomic figures keep acting as a headwind for the Euro recovery.EUR/USD is trading with … [Continue reading]
USD/INR extends the rally as US court blocks US President Donald Trump’s tariffs
Indian Rupee trades weaker in Thursday’s Asian session. The month-end US Dollar bid and Trump’s headline weigh on the INR. The second estimate of the US Q1 GDP report will be in the spotlight later on Thursday. The Indian Rupee (INR) … [Continue reading]
GBP/USD hits a second day of downside ahead of key US data
GBP/USD fell for a second consecutive session as Cable bets pull back.The UK side of the data docket remains light for the remainder of the week.Fed Meeting Minutes revealed a staunchly apprehensive Fed, key US data ahead.GBP/USD pared further gains … [Continue reading]
EUR/USD slips below 1.13 as Fed turns cautious amid looming stagflationary risk
Fed Minutes warn of persistent inflation and stagflation risks amid tariff-driven uncertainty.DXY rises 0.26% as markets favor the Greenback ahead of key economic data.ECB’s Lane dismisses sub-1.5% rates unless inflation outlook deteriorates … [Continue reading]