Dollar drifted lower in subdued trading, with many Asian markets closed for holidays. Movements in the currency markets elsewhere were mixed. Traditional safe havens like Yen and Swiss Franc inching higher. But at the same time, risk-sensitive currencies such as Australian and New Zealand Dollars also advanced. Overall risk sentiment lacking clear direction. This lack […]
There are just a few to take note of on the day, as highlighted in bold. They are for EUR/USD at the 1.1300 and 1.1400 levels, with price action sitting right in between the expiries at the moment. They are notable but not likely to offer much impact though, as they don’t tie in to
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
USD/CAD could face downside pressure as the US Dollar weakens, possibly due to rising trade tensions. President Donald Trump’s proposal to impose a 100% tariff on foreign-made films has heightened fears of renewed protectionist policies. The Canadian Dollar is rebounding in line with other G10 currencies, supported by fading recession concerns. USD/CAD is holding steady
How Wall Street’s rally extends as strong jobs data fuels market optimism US stock markets locked in a second week of gains as robust economic data and potential easing of US-China trade tensions boosted investor confidence, with all eyes now on the upcoming Fed decision. US markets extend winning streak US stock markets rallied on
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
EUR/USD edged lower on Monday as potential trade tensions weighed down market sentiment. President Donald Trump announced plans to initiate a 100% tariff on foreign-produced films, raising concerns over escalating protectionist policies. Eurozone Harmonized Index of Consumer Prices remained steady at 2.2% YoY in April, slightly above the expected 2.1%. EUR/USD is kicking off the
US President Donald Trump said late Sunday that he is authorizing the US Trade Representative and the Commerce Department to begin the process of imposing a 100% tariff on imports of foreign-produced movies. Market reaction At the time of press, the US Dollar Index (DXY) was down 0.05% on the day at 99.98. Tariffs FAQs Tariffs
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Trump has refused to rule out the use of military force to take control of Greenland, calling the territory vital for American security interests. “I don’t rule it out. I don’t say I’m going to do it, but I don’t rule out anything,” Trump said in an interview with NBC’s Meet the Press on Sunday.
Sat: Australian Election Mon: Hong Kong Holiday (Buddha’s Birth), Japanese Holiday (Children’s Day), UK Holiday (Bank Holiday); Swiss CPI (Apr), EZ Sentix (May), US ISM Services PMI (Apr), Turkish CPI (Apr) Tue: Chinese Caixin Services PMI (Apr), EZ Composite/Services Final PMI (Apr), Producer Prices (Mar), US International Trade (Mar), New Zealand Unemployment (Q1) Wed: FOMC,
