USDJPY – larger bears to resume after consolidation
USDJPY falls further on Monday, as dollar remains under increased pressure on tariffs uncertainty and growing threats of recession, while growing safe haven demand and signals of further rate hike as BoJ is coming close to its 2% inflation…
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EURUSD – bulls likely to take a breather after last week’s strong gains
The Euro keeps firm tone on Monday after surging over 4% last week and consolidating near new four-month high.
The single currency continues to ride on a fresh wave of dollar’s weakness, with last week’s gains being the biggest since the…
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USDCHF hits the lowest in 3 months as strong safe haven demand inflates Swiss franc
USDCHF remains in red at the start of the week and hit new three-month low, as safe-haves Swiss franc continues to shine on growing concerns on overheated economic and geopolitical conditions.
Anticipated impact from tariffs on imports…
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Bitcoin – bears consolidate above $80K support zone after last week’s heavy losses
Bitcoin edged higher in early Monday trading, as traders collect some profits from last week’s 13% drop, with Sunday’s bearish acceleration (down 5%) making strong contribution to the recent heavy losses.
President Trump’s held crypto…
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US labor market remains steady in February – NFP
US nonfarm payrolls rose by 151K jobs in February compared to downwardly revised 125K in January, and slightly missed expectations for 159K rise.
February Labor report, the first under new administration of President Donald…
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EURUSD continues to trend higher, on track for the biggest weekly gain in five years
The Euro rose above 1.08 level and hit the highest in four months on Thursday after ECB’s widely expected decision to cut interest rates by 25 bp to 2.5%, in its sixth rate cut since June.
The central bank stated that monetary policy is…
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USDJPY hits five-month low
USDJPY continues to trend lower within larger bear channel and fell to five-month low on Thursday as dollar remains under increased pressure from trade war uncertainty and Fed’s dovish shift.
Fresh probe below important Fibo support at…
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Dollar falls further on tariffs, dovish Fed and German stimulus
The dollar index extends steep fall into third straight day, under strong pressure from tariff concerns, dovish shift in US policymakers narrative on interest rates and signals about German stimulus.
The dollar was down almost 2.5% in…
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Gold – weaker dollar and trade war uncertainty to continue to support
Gold remained steady on Wednesday and in consolidation mode after strong rally in past two days, which reversed around 76.4% of pullback from new record high ($2956) to $2832 (correction low).
Weaker dollar across the board continues to…
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EURUSD rises to new 2025 high as dovish Fed deflates dollar
Fresh bullish acceleration extends into second consecutive day and pushed EURUSD to new 2025 high (1.0559) on Tuesday.
Weaker dollar on dovish shift in monetary policy outlook, as US Treasury Secretary signaled stronger policy easing,…
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