Here’s what this Fed insider is watching to see if trade wars start to wo…
USD Source link
Uncategorized
Australian Dollar holds steady near 0.6400 despite renewed USD strength
AUD/USD trades around the 0.6400 zone, holding gains despite US Dollar stabilization. Concerns about a China-linked slowdown keep the Aussie under pressure, despite upbeat Q1 Chinese GDP. Resistance emerges near 0.6420; short-term moving averages maintain bullish alignment. The Australian Dollar (AUD) trades with a modestly bullish tone on Tuesday, consolidating near the 0.6400 region during
Crude oil futures settled $64.31
The price of WTI crude oil futures for May delivery is settling at $64.31. That is up $1.23 or 1.95% on the day. The gains were helped by U.S. Treasury sanctions being imposed on Iranian LPG magnate Seyed Asadoollah Emamjomeh and his corporate network, restricting hundreds of millions of dollars’ worth of Iranian LPG and
US Treasury Secretary Bessent sees de-escalation with China – Bloomberg
The US Treasury Secretary Scott Bessent commented that the tariff standoff with China is unsustainable and that he expects a de-escalation of the situation. Bessent said that although negotiations had not started, a deal is possible suggested people that attended a private event by JP Morgan Chase & Co. in Washington. Financial markets reaction to
Euro hits 35-year high, ECB closing in on inflation target
ECB’s Kazimir: Inflation approaching 2% target ECB member Peter Kazimir said on Tuesday he was confident that the ECB would hit its 2% inflation target in the next few months. At the same time, Kazimir cautioned against projecting where monetary policy was headed because of “today’s volatile and often chaotic conditions”. The economic landscape was
Fragile Calm Returns to Markets as Focus Shifts to Fed Remarks
Global markets saw a modest pause in volatility today as risk sentiment stabilized following yesterday’s US selloff. US futures are pointing to a mild recovery, helping to calm nerves in early trading. Meanwhile, US 10-year Treasury yield dipped slightly but remains elevated around 4.4%, reflecting persistent investor caution. Gold also retreated marginally after coming within
USDCAD moves above 100 hour MA. Can the price stay above the MA and give the buyers hope
USDCAD fell during yesterday’s Asia-Pacific session, breaking below a key swing area between 1.38078 and 1.38499. The initial decline reached a low of 1.37808 before rebounding to a session high of 1.3845, near the upper boundary of the previously mentioned swing zone, which dates back to October and November 2024. The price subsequently rotated lower,
Swedish Krona Showcases Stellar Performance on Forex. Forecast as of 22.04.2025
2025.04.22 2025.04.22 Swedish Krona Showcases Stellar Performance on Forex. Forecast as of 22.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While central banks are pondering how to mitigate the negative impact of trade wars by cutting rates, the Riksbank is ready to put the brakes on the monetary expansion cycle. Together with Sweden’s accelerating GDP and the flight from the
EUR/USD holds onto gains as Trump assaults Fed’s autonomy
EUR/USD sticks to gains near 1.1500 as the US Dollar has been battered by Trump’s attack on the Fed’s independence. Trump blames Fed Powell for the potential US economic slowdown. The ECB is expected to cut interest rates in June due to escalating downside risks to Eurozone inflation. EUR/USD trades firmly around 1.1500 during European
EU firms fear dollar liquidity becoming tariff bargaining chip
European financial institutions are concerned that any renewed escalation of trade tensions with the US could spill over into actions that would limit their ability to source dollar funding. A chief risk officer (CRO) at a European wealth manager says this scenario remains “extreme”, but not impossible. “One of the scenarios I have been starting
Europe's Opening Bell: Questions around Fed independence and tariffs weigh on sentiment, Eurozone consumer confidence ahead
Asian stocks struggled on Tuesday as investors moved away from U.S. assets, weakening Wall Street and the dollar. Worries about the Federal Reserve’s independence also added more stress to Treasuries. The Dollar index was on track for a fourth day of losses as little progress in tariff negotiations continued to weigh on sentiment. /* Requesting
Investors Avoid US Assets Against ‘Sell America’ Trade. Forecast as of 22.04.2025
2025.04.22 2025.04.22 Investors Avoid US Assets Against ‘Sell America’ Trade. Forecast as of 22.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ When Donald Trump took office, investors were eager to purchase the US dollar. It was believed that American exceptionalism would gain strength. Instead, it is evaporating, prompting a rally in the EURUSD pair. Let’s discuss this topic and make
Eurostoxx futures -0.7% in early European trading
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
Dollar Rout Deepens; Gold Charges Toward 3500, or Even 4000?
The broad selloff in US assets resumed overnight as market confidence took another blow from escalating political pressure on Fed. Major US stock indexes ended the session deep in the red, while 10-year Treasury yields surged back above 4.4%. The Dollar Index also plunged to a fresh three-year low, continuing its dramatic collapse. The key
Gold price in Saudi Arabia: Rates on April 22
Gold prices rose in Saudi Arabia on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 420.26 Saudi Riyals (SAR) per gram, up compared with the SAR 413.08 it cost on Monday. The price for Gold increased to SAR 4,902.14 per tola from SAR 4,818.14 per tola a day earlier. Unit