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Forex
Forex Today: Attention shifts to Chair Powell’s testimony
The US Dollar maintained its bullish bias at the start of the new trading week, as investors remained concerned about the likelihood of a global trade war…
Mexican Peso depreciates on Trump’s tariffs, Banxico’s dovish posture
Mexican Peso weighed down by steek and aluminum tariffs enacted by The White House.
Mexican automobile production and exports declined, creating a headwind…
US Dollar weakens amid mixed economic data and fresh tariff concerns
The US Dollar Index trades lower near 108.30 as market sentiment remains cautious.
Trump confirms 25% tariffs on steel and aluminum imports but provides no…
Dow Jones Industrial Average churns as investors await tariff news
The Dow Jones found thin gains on Monday ahead of trade war headlines.
Tech rally has stalled after last batch of earnings came in mixed.
Fed Chair Powell…
Macro funds liquidate some Gold length – TDS
Despite new all-time highs, macro funds actually liquidated some Gold length last week, TDS’ Senior Commodity Strategist Daniel Ghali notes.Macro fund buying…
EUR/USD rebounds while US Trump’s tariffs threats keep investors on toes
EUR/USD recovers some of its intraday losses and rebounds to near 1.0300 but renewed fears of US President Trump’s tariffs keep the outlook uncertain.
US…
USD/JPY gains ground near two-month low near 151.00 as Yen weakens across the board
USD/JPY advances to near 152.00 at the expense of the Japanese Yen.
US President Trump announces that he is prepared to impose 25% tariffs on imports of…
GBP flying low on the tariff radar – Scotiabank
The Pound Sterling (GBP) is a moderate outperformer on the session after dipping modestly in line with its peers in light trade overnight, Scotiabank's Chief…
US Dollar steadies while Gold rallies on tariff talk
The US Dollar trades fairly muted after more tariff comments from US President Donald Trump
A 25% levy on all steel and aluminum imports from all countries…
GBP: Tariffs versus BoE – ING
EUR/GBP is offered again this morning as the market is dominated once more by the tariff story, ING's FX analyst Chris Turner notes.
GBP/USD to go to the…