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Forex
EUR/USD drifts lower below 1.0850 on US-EU tariff dispute
EUR/USD loses ground to near 1.0835 in Friday’s Asian session.
Trump threatens a 200% tariff on alcohol from the EU.
Traders raise their bets that the…
Japanese Yen weakens amid positive risk tone; USD/JPY bulls retake 148.00 and seek higher levels beyond
The Japanese Yen drifts lower amid a slight improvement in the global risk sentiment.
Hawkish BoJ expectations and rising trade tensions should back the…
Silver Price Forecast: XAG/USD keeps the bullish vibe above $33.50 as trade war escalates
Silver price drifts lower to $33.75 in Friday’s early Asian session.
The positive bias of the metal prevails above the 100-period EMA, with the bullish RSI…
Senate Democrats’s Schumer says he will support GOP funding bill, likely avoiding shutdown
Senate Democratic Leader Chuck Schumer announced late Thursday that he plans to vote to keep the government open as the chamber prepares to take up a GOP…
Salesforce sinks below long-term support as Dow Jones index loses 41,000
Salesforce stock sold off more than 4% on Thursday, the worst performer in the DJIA.
CRM stock could lose its grip on a supportive trendline that began in…
AUD/USD slumps on US Dollar’s strong recovery despite soft PPI data
The AUD/USD tumbles on Thursday as the US Dollar strengthens amid renewed trade policy concerns.
Trump’s tariff threats fuel risk aversion, overshadowing…
AUD/JPY Price Analysis: Bears take control but pair holds above 92.00
AUD/JPY was seen trading around the 92.80 zone ahead of the Asian session, pulling back after two consecutive days of gains.
Despite the decline, the pair…
US President Trump wants to tariff EU wine, reiterates interest in Greenland
After flubbing his planned doubling of tariffs on Canada, which saw Canada poised to lash back with stiff increases in the cost of energy exported from the…
Mexican Peso surges as traders bet on Fed rate cuts
Mexican Peso appreciates as USD/MXN dives toward 20.00 amid Fed easing expectations.
Weak Mexican Industrial Production data was overshadowed by improved…
Dow Jones Industrial Average backslides on trade war rhetoric
The Dow Jones shed 400 points on Thursday, falling 1.45%.
US PPI inflation hit a soft patch, further easing fears of an inflation reignition.
Despite…