NZD/USD STRENGTHENS ABOVE 0.5950 AMID HOPES FOR US-CHINA TRADE DEAL The New Zealand Dollar (NZD) has gained momentum against the US Dollar (USD), with the NZD/USD pair trading around 0.5980 during the Asian trading hours on Wednesday. U.S. Treasury Secretary Scott Bessent described the ongoing
USD/CAD TRADES HIGHER NEAR 1.3850 DUE TO POTENTIAL DE-ESCALATION OF ONGOING TARIFF DISPUTE The USD/CAD currency pair has rebounded from two consecutive sessions of losses, trading near 1.3830 during Asian hours on Wednesday. This upward movement is attributed to renewed support for the U.S. dollar
USD/CAD PRICE FORECAST: HANGS NEAR MULTI-MONTH LOW; SEEMS VULNERABLE AROUND 1.3800 The USD/CAD currency pair has recently been trading near the 1.3800 mark, reflecting a multi-month low. The pair faces challenges in capitalizing on a brief bounce from the 1.3780 region, its lowest point in
GBP/USD REMAINS STRONG NEAR 1.3370 AMID US ECONOMIC SLOWDOWN AND FED POLICY UNCERTAINTY The pair is maintaining its position around 1.3370, reflecting investor confidence in the British Pound amid a weakening U.S. Dollar. Concerns over a potential slowdown in the U.S. economy are contributing to
EUR/JPY ATTRACTS SELLERS NEAR 161.50 AMID SAFE-HAVEN FLOWS The pair has attracted sellers around the 161.50 mark, reflecting a shift in market sentiment. The Japanese Yen (JPY) has strengthened against the Euro (EUR) as investors seek safe-haven assets amid global uncertainties. Market sentiment has been affected by
GBP/JPY SLIDES TO THREE-DAY LOW BELOW The GBP/JPY currency pair has recently experienced downward pressure, trading below the 188.00 mark during the early European session on Tuesday, April 22, 2025. The pair has attracted fresh selling interest, sliding further below the 188.00 level, reaching a three-day
USD/JPY DIPS BELOW 140 FOR THE FIRST TIME SINCE SEPTEMBER 2024 The pair has experienced a significant decline, breaching the 140.00 level, marking its lowest point since September 2024. The U.S. dollar has weakened due to investor concerns over Federal Reserve policy. President Trump's recent
DOLLAR ROUT DEEPENS; GOLD CHARGES TOWARD $3,500, OR EVEN $4,000? The U.S. dollar experienced a significant decline, while gold prices surged to new record highs amid escalating political tensions and economic uncertainties. The U.S. dollar continued its downward trajectory, influenced by heightened political tensions and concerns
GOLD PRICE SURGES TO $3,500 NEIGHBORHOOD; STRONG UPTREND REMAINS UNINTERRUPTED Gold prices have continued their upward trajectory, reaching new all-time highs amid escalating global uncertainties. Gold prices surged to a record high of $3,391.62 per ounce on April 21, 2025, driven by escalating trade tensions between the
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USD/CHF HOVERS NEAR 0.8050, 14-YEAR LOWS DUE TO RISING US UNCERTAINTY, SAFE-HAVEN DEMAND The USD/CHF currency pair has recently declined to approximately 0.8070 during the Asian session on Tuesday, April 22, 2025, marking a 14-year low. The pair continues its downward trend for the third consecutive
GOLD STAYS RELENTLESS IN ITS PUSH HIGHER, EYES $3,500 NEXT Gold prices have surged to new all-time highs, driven by escalating geopolitical tensions, U.S. trade policies, and concerns over Federal Reserve independence. Gold reached a record high of $3,391.62 per ounce on April 21, 2025, fueled
USD/INR REMAINS WEAK AS CONCERNS OVER FED'S INDEPENDENCE RISE The Indian Rupee (INR) has recently shown signs of strength, trading near 85.13 against the U.S. dollar during the early Asian session on Tuesday, April 22, 2025. The INR has edged higher, trading near 85.13
USD/CAD REMAINS ON THE DEFENSIVE BELOW 1.3850 AMID FED INDEPENDENCE FEARS The USD/CAD currency pair has been trading below the 1.3850 level, reflecting market concerns over potential political interference with the Federal Reserve's independence. The USD/CAD pair has softened to around 1.3835
GBP/USD EDGES HIGHER ABOVE 1.3350 AS TRUMP'S ATTACKS ON POWELL THREATEN FED'S INDEPENDENCE The GBP/USD currency pair has strengthened, trading above the 1.3350 mark during the early Asian session on Tuesday, April 22, 2025. GBP/USD Surges Amid Dollar Weakness. The British
NZD/USD REMAINS CAPPED BELOW 0.6000 ON ESCALATING US-CHINA TRADE TENSIONS The NZD/USD currency pair has been under significant pressure, trading below the 0.6000 mark due to escalating trade tensions between the United States and China. During the Asian trading hours on Tuesday, the NZD/USD pair
GOLD PRICE CONTINUES RECORD RALLY, HITTING ALL-TIME HIGH ABOVE $3,450 Gold prices have surged to unprecedented levels, reaching over $3,450 per ounce in Asian trading on Tuesday, April 22, 2025. Spot gold rose 1.4% to $3,472.49 an ounce, briefly touching $3,473.03, while U.
USD/CHF NOSEDIVES - DOLLAR DECLINE TRIGGERS SHARP DROP The USD/CHF currency pair has experienced a significant downturn, breaking through key technical levels and reflecting broader market shifts. Technical Breakdown Below 0.8200 and 0.8050 Levels The pair has fallen below critical support levels, including 0.8200 and
USD/CAD FORECAST: RISKS TILTED HIGHER AS BOC OFFERS CAUTIOUS PAUSE Bank of Canada Pauses Rate Cuts Amid U.S. Tariff Uncertainty. On April 16, 2025, the Bank of Canada (BoC) held its key policy interest rate steady at 2.75%, marking a pause after seven consecutive rate cuts initiated
USD/CNY FACES UPWARD PRESSURE AMID RISING US-CHINA TRADE TENSIONS China's Q1 2025 Economic Performance Surpasses. China's economy grew by 5.3% year-on-year in Q1 2025, exceeding the anticipated 4.8%. This growth was driven by robust consumer stimulus measures and proactive export shipments ahead of
USD/CHF REMAINS BELOW 0.8200 DUE TO MUTED TRADING ACTIVITY USD/CHF Hovers Around 0.8180 Amid Thin Trading During the Asian trading hours on Friday, April 18, 2025, the USD/CHF currency pair slipped slightly to approximately 0.8180. This movement follows previous session gains and occurs amid
EUR/JPY HOLDS STEADY ABOVE 161.50 AMID THIN TRADING VOLUME ON GOOD FRIDAY EUR/JPY Maintains Position Above 161.50 The EUR/JPY currency pair remains steady above the 161.50 level during the early European session on Friday, April 18, 2025. This stability is attributed to thin trading
