USD/JPY dives to the 140.50 region amid renewed political threats to Fed independence Trump’s remarks intensify fears of institutional instability, weighing further on the US Dollar Momentum signals remain bearish, with next key support eyed near 139.60 The USD/JPY pair slumped on Monday during North American trading, falling sharply toward the 140.50 mark as the […]
GBP/USD attracts some buyers to around 1.3350 in Monday’s early Asian session. The UK hopes to strike a deal with Trump after he imposed 10% tariffs on most imports of British goods to the US. Fed’s Powell said the US central bank remains in wait-and-see mode. The GBP/USD pair extends its upside to near 1.3350
Euro edges higher amid US Dollar pressure after the White House pushes tariffs on Chinese ships, fueling global trade risks. Trump reportedly furious with Fed Chair Powell; adviser says President reviewing legality of dismissal. ECB’s Muller says lower energy prices and tariffs justify rate cut, though warns fragmentation may fuel inflation ahead. The Euro (EUR)
The Australian Dollar appreciates as the US Dollar softens amid rising economic concerns. Trump struck an optimistic tone, suggesting a trade deal with China could be finalized within three to four weeks. Fed Chair Jerome Powell cautioned that a weak economy combined with sustained inflation could heighten the risk of stagflation. The Australian Dollar (AUD)
USD/CAD trades near the 1.4000 area after bouncing from mid-1.38s earlier this week. Softer Canadian inflation and Powell’s tariff warnings pressure the Canadian Dollar outlook. Key resistance stands at 1.4060; technical backdrop skews bearish despite recent rebound. USD/CAD hovered near the 1.4000 zone on Tuesday, consolidating after recovering from earlier lows around the 1.3850 region.
USD/JPY recovers some lost ground to near 143.55 in Friday’s early Asian session. An escalating trade war and uncertainty boost the safe-haven demand, supporting the Japanese Yen. The hawkish stance of the BoJ contributes to the JPY’s upside. The USD/JPY pair holds losses near 143.55 during the Asian trading hours on Friday, pressured by the weaker
USD/CAD rebounds to around 1.4105 in Thursday’s early Asian session. Trump announced a 90-day pause on higher reciprocal tariffs on US trading partners. The US CPI inflation report for March will be in the spotlight later on Thursday. The USD/CAD pair recovers some lost ground to near 1.4105 during the early Asian session on Thursday.
GBP/USD edged higher after US President Donald Trump signaled a willingness to engage in trade negotiations. US Customs and Border Protection confirmed plans to start collecting country-specific tariffs from 86 trade partners. The British Pound found support from stronger as the 10-year gilt yield rose to around 4.61%. The GBP/USD pair advances for a second
NZD/USD fell sharply toward the 0.5600 zone on Friday, tracking heavy daily losses ahead of the Asian session. Momentum indicators align bearishly, with MACD and Bull Bear Power showing clear selling pressure. Major moving averages and resistance near 0.5700 cap upside attempts for now. The NZD/USD pair collapsed on Friday, diving toward the 0.5600 area
USD/CHF plunges to the 0.8600 zone, hitting its lowest level since October 2024. US tariffs trigger global portfolio adjustments, intensifying bearish pressure on the Greenback. Technical indicators flag oversold conditions; a near-term correction may follow. During Thursday’s session, the USD/CHF pair suffered a sharp decline, tumbling toward the 0.8600 region and marking its weakest levels
DXY dips under the 104.00 zone as equities slide and bond yields decline. Upbeat ADP employment data clashes with market anxiety over looming US tariffs. Key resistance stands near 104.10, while bearish pressure builds below 103.90. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, is
DXY trades near the 104.20 zone after mixed reaction to PMI and Job Openings data. Manufacturing activity contracts and hiring slows, keeping stagflation risks in play. Resistance seen around 104.84 with support clustering near 104.13. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, trades near
AUD/USD softens to around 0.6280 in Monday’s early Asian session. Global trade concerns ahead of potential US tariffs weigh on the Aussie. US core inflation climbed 2.8% YoY in February, hotter than expected. The AUD/USD pair trades in negative territory near 0.6280 during the early Asian session on Monday. The Australian Dollar (AUD) weakens due
The DXY trades near the 104.30 area after a modest upward reaction to economic data. Traders weigh durable goods strength and fresh copper tariff comments against geopolitical ceasefire noise. Resistance aligns near 104.53, while 104.09 acts as short-term support. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket
NZD/USD appreciates as sentiment improves following S&P Global Ratings’ projection that New Zealand will be less affected by US tariffs. Bullish momentum persists in New Zealand equities, driven by signs of domestic recovery after country exited recession in Q4 2024. Federal Reserve Governor Adriana Kugler reaffirmed that the Fed’s interest rate policy remains restrictive and
NZD/USD weakens to near 0.5725 in Tuesday’s early Asian session. Trump’s tariff policies and expectations of further RBNZ rate cuts continue to undermine the Kiwi. China’s stimulus measures might cap the downside for the pair. The NZD/USD pair extends the decline to around 0.5725 during the early Asian session on Tuesday. The New Zealand Dollar
EUR/USD trades near the 1.0800 zone, mildly lower after Monday’s European session. Bearish momentum builds as the pair extends its losing streak to four consecutive sessions. The downside could accelerate toward 1.0730 if sellers break through current support levels. During Monday’s session after the European close, EUR/USD continued to retreat and was last seen moving
