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Forex
Canadian Dollar gains ground as tariffs weigh on US Dollar
The Canadian Dollar (CAD) caught a leg higher on Monday, climbing to its highest bids against the US Dollar (USD) in almost a week as global markets push down on the Greenback in…
EUR/USD gains as Trump’s tariff threats reignite trade war concerns
The Euro (EUR) gains ground against the US Dollar (USD) on Monday, as renewed trade war threats from US President Donald Trump weigh broadly on the Greenback. At the time of…
US Dollar sleeps, Trump does not
Here is what you need to know on Tuesday, January 20:Over the weekend, the United States (US) President Donald Trump announced 10% tariffs on all goods from eight European…
Gold nears $4,700 record as US–EU trade war fears ignite haven rush
Gold (XAU/USD) rallies on Monday after falling to a four-day low on Friday, edging up more than 1.50%, and hovers near the $4,700 figure after reaching a new all-time high courtesy…
Dow Jones declines as trade war rhetoric dampens sentiment
The Dow Jones Industrial Average (DJIA) ripped open the new trading week on a tariff-fueled weak note, reminiscent of trade war fears that knocked around equity markets early in…
USD/JPY steady as Japan election speculation, trade risks weigh
USD/JPY trades around 158.10 on Monday at the time of writing, virtually unchanged on the day, after pulling back from an 18-month high reached last week. The pair lacks clear…
GBP/USD rallies as Trump tariff threats against Europe weigh on US Dollar
GBP/USD rises on Monday after tensions between the US and Europe had grown following a social media post of US President Donald Trump threatening to impose duties on eight European…
Yen steady ahead of Japan snap election – Scotiabank
The Japanese Yen (JPY) is little changed as markets digest the announcement of a snap election in Japan, keeping near-term FX moves contained. With rate markets still pricing BoJ…
USD/CHF slips below 0.8000 as US-EU tensions revive demand for the Swiss Franc
The Swiss Franc (CHF) attracts fresh buyers against the US Dollar (USD) on Monday as escalating tensions between the United States (US) and the European Union (EU) over control of…
EUR/GBP steady as Eurozone inflation eases, UK data in focus
EUR/GBP trades around 0.8670 on Monday at the time of writing, virtually unchanged on the day, in a context of relative stability of the Euro (EUR) against the Pound Sterling…