The USD/CAD forecast shows caution as Trump's tariffs raise trade war concerns. Canada's strong jobs data and a mixed US report add to the uncertainty.
The USD/CAD forecast shows caution as Trump's tariffs raise trade war concerns. Canada's strong jobs data and a mixed US report add to the uncertainty.
The USD/CAD forecast shows caution as Trump's tariffs raise trade war concerns. Canada's strong jobs data and a mixed US report add to the uncertainty.
The US Dollar propelled higher buoyed by another week of the central bank policy divergence narrative. Another strong week for the Greenback left risk-sensitive assets on the defensive, with the central bank's policy divergence narrative remaining the key
Gold (XAU/USD) is trading up by about 0.2% in the $2,360s on Thursday after the European Central Bank (ECB) decides to cuts interest rates by 0.25% at its June policy meeting.
The US Dollar Index (DXY) fell sharply on Friday after the release of disappointing US Nonfarm Payrolls (NFP) data. The NFP report showed that the US economy added only 175,000 jobs in April, well below the expected 243,000. The unemployment rate also ros
The EUR/USD currency pair has fallen to a five-month low near 1.0600 amid expectations that the Federal Reserve will pivot to rate cuts later than the European Central Bank, extending their policy divergence.
The AUD/USD pair has retreated to the 0.6525 area, posting a fresh daily low as traders await the release of Chinese trade data. Reduced Fed rate cut bets and geopolitical tensions continue to underpin the US dollar, exerting downside pressure on the Auss
Bitcoin (BTC) climbed to a high of $72,650 for the first time in four weeks and liquidated over $55.72 million in short positions in the past 24 hours, according to Coinglass data. The 4% daily increase comes about 10 days away from the Bitcoin halving, a
The ASX 200 Index rose 0.26% to reach 7,900, driven by positive market sentiment and expectations of the Reserve Bank of Australia (RBA) lowering interest rates in the second half of 2024.