EUR/USD moves higher as Trump delays 50% tariffs on EU goods. Short-Term bias is positive, but key resistance is nearby at 1.1420. EUR/USD started the week on a positive note after investors woke up to news that President Trump would […]
EUR/USD Rises as Trump Hits the Snooze Button Again Read More »
Attention turns to Fed minutes and PCE inflation; can they lift the Dollar? RBNZ to likely cut again despite inflation pickup. Australian and Tokyo CPI, Canadian GDP, OPEC meeting on the agenda too. US yields and Treasury auctions also in
Week Ahead – Fed Minutes, PCE Inflation and RBNZ Eyed as Trade War Cools Off Read More »
USDCAD retreats after short-lived recovery attempt. Long-term support trendline in focus as bears target April’s low of 1.3748. USDCAD has surrendered much of its May gains after repeated attempts to break above the 1.4000 mark faltered, pushing the pair back
USD/CAD Bounce Proves Unsustainable Read More »
US and China agree to lower tariffs for 90 days as tensions take toll. But what are the prospects for a permanent deal? Markets are unsure if this is a true turning point. Boiling point The trade war between the
US-China Trade Truce: A Genuine Breakthrough or a False Hope? Read More »
Strong dollar awaits Fed speakers and PMIs. RBA to cut by 25bps, focus to fall on forward guidance. Sticky UK inflation could mean only one more BoE rate cut. Eurozone PMIs, Canada’s and Japan’s CPI numbers also on tap. US-China
Week Ahead – Fed Speakers, RBA Decision, UK CPI and Preliminary PMIs in Focus Read More »
NZD/USD holds below 20-SMA after Tuesday’s quick bounce. Bullish signals strengthen, but a break above 0.6020 is still needed. NZD/USD dropped to Monday’s low of 0.5845 before bouncing back to retest its 20-day simple moving average (SMA) at 0.5945, as
NZD/USD Recoups Weekly Losses: Will It Turn Bullish Again? Read More »
US CPI report takes centre stage to gauge tariff impact. Progress in trade negotiations will also be watched, especially with China. US Retail Sales, UK and Japanese GDP on the agenda too. Will reciprocal tariffs show up in April CPI?
Week Ahead – All Eyes on US CPI and Trade Talks Amid No End to Tariff Uncertainty Read More »
Gold slows moderately after hitting an all-time high of 3,057. Price finds support near 3,000, but technical signals flag caution. Bulls may need a close above 3,067 to attract new buyers. Gold opened neutral around Friday’s closing price of 3,023
Will Gold Take a Breather After a Three-Week Rally? Read More »
US PCE inflation up next, but will consumption data matter more? UK budget and CPI in focus after hawkish BoE decision. Euro turns to flash PMIs for bounce as rally runs out of steam. Inflation numbers out of Tokyo and
Week Ahead – Flash PMIs, US and UK Inflation Eyed as Tariff War Rumbles On Read More »
GBPUSD pulls lower after briefly touching 1.3000 area. Overbought signals reflect weakening bullish pressures. Buying the dip could be considered above the 200-SMA. GBPUSD made a modest push into the 1.3000 area following the FOMC policy meeting on Wednesday, which
GBP/USD Signals Caution as BoE Takes Spotlight Read More »
