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Forex
Ai selloff was overdone
Monday was about discovering the Chinese version of ChatGPT – called Deep Seek, and watching the US markets get hammered by the news. Truely, it didn’t feel …
NZ PM Luxon: Will bring a relentless focus on unleashing growth
In a parliamentary speech on Tuesday, New Zealand (NZ) Prime Minister (PM) Christopher Luxon said that his government will bring a relentless focus on…
Gold price bulls remain on the sidelines amid strong USD recovery
Gold price struggles to capitalize on the overnight bounce from a multi-day trough.
Rebounding US bond yields revive the USD demand and weigh on the XAU/USD…
USD/CAD Price Forecast: Remains below 1.4400; initial support appears at nine-day EMA
USD/CAD maintains its position below the psychological level of 1.4400.
The bullish bias persists, as the 14-day RSI remains above the 50 mark.
Immediate…
Japanese Yen drifts lower as Trump’s tariff plans benefit US Dollar
The Japanese Yen retreated further from a multi-week high touched against the USD on Monday.
Trump’s tariff threats, rebounding US bond yields and modest…
Japan’s Akazawa: Will closely monitor the impact of rate hike on economy
Japan's Economy Minister Ryosei Akazawa said on Tuesday that he ”will closely monitor the impact of the rate hike on the economy.”
Separately, the Bank of…
NZD/USD faces some selling pressure below 0.5700 as Trump tariff threat looms
NZD/USD weakens to near 0.5670 in Tuesday’s early Asian session, down 0.38% on the day.
Trump said that he will place tariffs on imports of computer chips,…
EUR/USD falls back below 1.05 as Fiber bulls blink on fresh tariff threats
EUR/USD shed 0.5% on Monday as buyers flub the 1.0500 handle.
Markets are recoiling from trade war headlines pouring out of the White House.
Fed rate call…
NZD/JPY Price Analysis: Sharp decline extends bearish outlook
NZD/JPY drops on Monday, settling at 87.95 as selling pressure intensifies.
Momentum indicators remain subdued, reflecting persistent bearish sentiment.…
Mexican Peso plunges as Trump wavers on Colombia tariff threats
Mexican Peso under pressure following Trump tariff threat on Colombian goods.
Banxico's new monetary program hints at aggressive rate cuts, a headwind for…