The AUD/USD pair has once again stalled at a critical technical level, struggling to break above the 200-day moving average (MA) at 0.6457 for the second time this week. This…
In a recent update, Bank of America (BofA) has revised its medium-term forecasts for the USD/CAD currency pair, reflecting a significant shift in sentiment toward the Canadian dollar. This move…
Gold prices continued their upward momentum on Tuesday, climbing nearly 1% in early European trading as sustained buying interest in Asia propelled the precious metal higher. During the Asian session,…
Bulls now face the task of holding the key support area between 0.6429 and 0.64419 to prevent deeper losses after the failed breakout attempt. AUD/USD. H4 The AUDUSD made a strong push…
The U.S. economy experienced a contraction of 0.3% in the first quarter of 2025, marking its first decline since early 2022. This downturn is primarily attributed to a significant surge…
Banks are ramping up competition to win over homebuyers as RBA looks increasingly likely to cut the cash rate target. In a move that’s sending ripples across the financial sector,…
In a significant policy shift, President Donald Trump has announced exemptions for carmakers from certain U.S. tariffs, aiming to alleviate the automotive industry’s growing concerns over escalating costs and supply…
EUR/USD Not Much of a Stand for the US Dollar as It Slips Again The US dollar is once again showing signs of weakness, sliding further against a basket of…
April 16, 2025 Former President Donald Trump has signaled a shift in tone on tariffs, describing a recent pause in proposed trade duties as part of a “transition” rather than…
In a significant policy shift, the Trump administration has exempted key consumer electronics—including smartphones, laptops, and semiconductor components—from its newly imposed reciprocal tariffs. This move, effective as of April 5,…