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Forex
USD/CAD falls toward 1.3850 due to potential US recession, persistent inflation
USD/CAD declines as the US Dollar faces pressure from investor concerns, leading to a shift away from US assets.The Greenback encounters further challenges due…
GBP/USD holds steady near 1.3100, bulls have the upper hand amid bearish USD
GBP/USD kicks off the new week on a positive note amid sustained USD selling bias.The weakening confidence in the US economy continues to weigh on the buck.The…
AUD/USD kicks off the week on the front foot near 0.6300
AUD/USD draws support from risk appetite, clings to 0.6300 early Monday.Only 20% and not 145% US tariffs on China’s semiconductors and electronics provide some…
US President Trump clarifies 20% tariffs on Chinese imports of semiconductors, electronics
Late Sunday, US President Donald Trump took to his own social media application, Truth Social, and clarified that there will be no tariff exemption on…
White House: Tariff rate on China remains at 145%
White House press secretary Karoline Leavitt reported that US President Donald Trump was optimistic about securing a trade deal with China, despite the…
Fed’s Collins: Fed is prepared to use tools as needed, but rate cuts may not be appropriate
Federal Reserve (Fed) Bank of Boston President Susan Collins noted that the Fed has multiple monetary policy tools available and at its disposal should market…
US Dollar sinks as confidence plunges and inflation outlook clouds
The US Dollar Index trades near the 100 area on Friday after briefly hitting a multi-year low in response to fresh trade tensions.Fed officials warned tariffs…
Gold soars to record high as trade war erupts, USD crashes to 35-month low
XAU/USD rallies over 2% as investors flee to safety amid US-China tariff battle and inflation uncertainty.China hits back with 125% tariff after US raises…
Canadian Dollar gains further ground as market flows continue to reverse
The Canadian Dollar gained another 0.66% on Friday.Market flows are reversing out of the Greenback, pushing Loonie bids higher.BoC rate call due next week,…
Dow Jones Industrial Average recovers ground to post one of its best weeks in years
The Dow Jones stuck to 40,000 on Friday after a brief dip on fresh tariff concerns.US data came in soft across the board, with consumer sentiment plummeting…