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Forex
EUR/USD: Bias for EUR is on the upside – UOB Group
Outlook is unclear; Euro (EUR) could continue to trade in a choppy manner vs US Dollar (USD), probably between 1.0810 and 1.0955. In the longer run, bias for…
Pound Sterling rallies against US Dollar as Trump tariffs stoke recession fears
The Pound Sterling jumps above 1.3100 against the US Dollar as higher-than-anticipated Trump’s tariffss have prompted risks of a US recession.President Trump…
Gold price moves further away from all-time peak; downside potential seems limited
Gold price retreats after touching a fresh all-time peak in reaction to Trump’s reciprocal tariffs on Wednesday. The XAU/USD bulls pause for a breather and opt…
USD/INR gains momentum as Trump imposes a 26% tariff directed at India
The Indian Rupee attracts some sellers in Thursday’s early European session.
Trump plans to implement a 26% tariff on Indian imports, weighing on the INR.…
EC President von der Leyen: US tariffs are a major blow to the world economy
European Commission President Ursula von der Leyen responded to US President Donald Trump’s ‘reciprocal tariffs’ on Thursday, noting that “US tariffs are a…
WTI trims part of tariffs-inspired losses, finds some support near $69.00 mark
WTI attracts heavy selling in reaction to Trump’s reciprocal tariffs announcement.Wednesday’s bearish EIA report on US Crude inventories further exerts…
AUD/USD remains weak below 0.6300 despite upbeat Chinese PMI data
AUD/USD trades in negative territory near 0.6280 in Thursday’s early Asian session.
China will face a 54% tariff under the new Trump policy, weighing on…
Australia’s Trade Surplus decreases to 2,968M MoM in February vs. 5,600M expected
Australia’s trade surplus decreased to 2,968M MoM in February versus 5,600M expected and 5,156M (revised from 5,620M) in the previous reading, according to the…
EUR/USD pares post-tariff gains, but maintains bullish stance
EUR/USD briefly tapped the 1.0900 level on Tuesday before falling back to familiar levels.
Markets broadly handled tariff announcements from the Trump…
GBP/USD rises to test new highs, absorbs Trump tariffs in stride
GBP/USD briefly tested new six-month highs on Wednesday after tariff announcements.
The Trump administration’s tariffs came in at levels that investors…