USD/INR RECOVERS ON TRADE WAR WORRIES On Thursday, April 17, 2025, the Indian Rupee (INR) declined, ending a five-day winning streak. The depreciation was influenced by a weakening Chinese Yuan, attributed to escalating trade tensions between the U.S. and China. This development exerted pressure on most Asian currencies,
XAG/USD MOVES BELOW $32.50 DUE TO EASING TRADE CONCERNS On Thursday, April 17, 2025, silver (XAG/USD) traded around $32.30 per troy ounce during the Asian session, paring some of its gains from the previous day. The precious metal faced pressure as global risk sentiment improved following
EUR/USD OUTLOOK: WHY THE DOLLAR KEEPS FALLING? On April 15, 2025, the U.S. dollar continued its decline against the euro, influenced by escalating trade tensions and tariff policies. President Trump's imposition of new tariffs on Chinese imports has led to increased market uncertainty, prompting investors to
AUD/CAD WAVE ANALYSIS: PRICE REVERSES FROM KEY RESISTANCE ZONE The AUDCAD currency pair recently reversed downward from a significant resistance zone between 0.8860 and 0.8865. This zone encompasses the 61.8% Fibonacci retracement level of the downward impulse from March, the 20-day moving average, and a former
BREAKS BELOW 1.3950 AS BEARISH BIAS PREVAILS The USD/CAD pair has broken below the 1.3950 level, indicating a prevailing bearish trend. Technical analysis reveals that the pair is moving lower within a descending channel, characterized by two parallel trendlines connecting lower highs and lower lows. This pattern
EUR/GBP HOLDS POSITIVE GROUND ABOVE 0.8550 AFTER UK CPI INFLATION DATA EUR/GBP is trading around 0.8565 during the early European session on Wednesday, maintaining a positive stance above the 0.8550 level. The British Pound (GBP) weakens against the Euro (EUR) following the UK's
XAG/USD EDGES HIGHER TO NEAR $32.50 DUE TO SAFE-HAVEN DEMAND Silver (XAG/USD) is trading around $32.30 per troy ounce during Wednesday's Asian session, showing a modest recovery after recent losses. Lingering uncertainty over U.S. trade policy continues to fuel safe-haven demand for silver,
AUD/JPY REMAINS UNDER PRESSURE BELOW MID-90.00S DESPITE POSITIVE CHINESE DATA The AUD/JPY currency pair declined during the Asian session on Wednesday, moving away from a one-week high of around 91.40 reached the previous day. Spot prices maintained a negative bias below the mid-90.00s, showing limited
NZD/USD ATTRACTS SOME BUYERS ABOVE 0.5900 AS CHINA'S ECONOMY GROWS 5.4% YOY IN Q1 The NZD/USD pair is trading around 0.5905 during Asian trading hours on Wednesday, maintaining a positive stance. China's economy grew by 5.4% year-on-year in the first
GOLD PRICE HITS ALL-TIME HIGH NEAR $3,275 On Wednesday, April 16, 2025, gold prices soared to a new all-time high, reaching $3,275.20 per ounce during the early Asian trading session. The surge in gold prices is attributed to increased safe-haven demand amid escalating U.S.-China trade
USD/CAD FLAT LINES NEAR 1.3950, BOC RATE DECISION IN THE SPOTLIGHT The USD/CAD currency pair is trading near 1.3950 during the early Asian session on Wednesday, with the Bank of Canada's (BoC) upcoming interest rate decision drawing significant attention. USD/CAD is holding steady
GOLD PRICES SURGE AMID RECESSION FEARS AND DOLLAR WEAKNESS Gold prices have reached unprecedented levels, with Comex April delivery gold rising 3.2% to $3,155.20 per ounce. Escalating trade tensions and aggressive tariff policies have heightened fears of an impending recession, prompting investors to seek safe-haven assets like