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Forex
Australian Dollar holds ground on hopes of easing global trade tensions
The Australian Dollar edges higher following comments from US President Donald Trump, signaling openness to trade negotiations.The AUD remains vulnerable as…
NZD/USD rises to near 0.5550 following RBNZ interest rate decision
NZD/USD edges higher after the Reserve Bank of New Zealand lowered interest rates by 25 basis points, as widely expected.
The rate cut reflects the RBNZ’s…
BoJ’s Ueda: Uncertainties have increased domestically and internationally
Bank of Japan Governor Kazuo Ueda said early Wednesday that the uncertainty surrounding both domestic and overseas economies is increasing due to US tariffs.…
RBNZ set for another interest rate cut as global trade pressures intensify
The Reserve Bank of New Zealand is set to lower the interest rate by 25 bps to 3.5% on Wednesday.In February, the RBNZ left the door open for further cuts,…
Mexican Peso slips as tariff fears outweigh trade talks optimism
Mexican Peso pressured despite Bessent’s trade optimism as markets react to US tariff escalation against China.Citi survey shows Banxico expected to cut rates…
US Dollar under pressure as the White House slaps additional tariffs on China
DXY trades around the 103.00 zone on Tuesday as bulls attempt to extend Friday’s recovery.Sentiment was lifted after US Trade Representative Greer noted…
Forex Today: Markets’ attention shifts to the Fed Minutes
The Greenback’s recovery seems to have run out of some steam on Tuesday, encouraging the risk complex to recoup part of the recent ground lost against the…
Mexico GDP forecast slashed, Banxico seen cutting rates aggressively in 2025 – Citi
Citi’s April survey shows a sharp growth outlook decline: 2025 GDP seen at 0.3%, down from 0.6%.Most analysts forecast Banxico will cut rates to 8.5% in May;…
GBP/USD rebounds as Trump, Bessent stoke tariff deal hopes
UK’s Starmer pushes for economic partnership with US to bypass 10% export tariffs.Trump hints tariffs are leverage for new deals; Bessent says negotiations are…
US Trade Rep. Greer: We are trying to work very quickly on trade negotiations
United States Trade Representative (USTR) Jamieson Greer said during the Senate Finance Committee hearing on Tuesday that they are currently in talks with…