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On the policy front, Fed Governor Christopher Waller voiced support for interest rate cuts if recession risks grow, even as inflation expectations remain elevated.
EUR/USD came under pressure, slipping back below the 1.1300 mark. The US Dollar rebounded markedly amid declining yields, steady tariff jitters. Economic Sentiment in Germany, EMU tumbled in April.
After climbing for six straight days, the GBP/USD has hit a year-to-date (YTD) high of 1.3251, but traders have retreated somewhat to the 1.3220s area. A daily close above the YTD high will expose the ...
The Eurozone ZEW Economic Sentiment Index dropped to -18.5 in April from 39.8 in March. The market consensus was 14.2. The ...
The Pound Sterling rose and refreshed six-month highs against the US Dollar on Tuesday as the financial markets' narrative remains linked to the US imposing tariffs. Cable shrugged off soft UK jobs ...
AUD/USD maintained its upside impulse and approached 0.6400. The US Dollar partially recouped part of the recent deep retracement. The RBA Minutes pushed back against aggressive rate cuts. Momentum ...
The EUR/USD pair eased slightly on Tuesday’s session after the European close, slipping from earlier intraday highs and hovering near the lower end of its daily range. Price action trades around the 1 ...
The US Dollar remains on the back boot despite a more optimistic mood. Upcoming central banks’ decision may bring some action into a quiet week. XAU/USD aims to resume its record rally, $3,300 in ...
Altcoins are recovering on Tuesday as the dust settles on US President Donald Trump’s tariff announcements last week. The President has repeatedly changed his mind on several tariff-related concerns, ...
For the Trump administration, the fall in oil prices to around USD 60/barrel provides clear short-term political benefits. This fall could at least partially offset the inflationary pressures linked ...
EUR/USD stays under modest bearish pressure following this headline. At the time of press, the pair was down 0.3% on the day at 1.1315. Tariffs are customs duties levied on certain merchandise imports ...
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