


EUR/USD news: 🔆The EUR/USD pair continues its downward trend for the third consecutive day, trading around 1.0390 during the Asian session on Friday. The Euro faces selling pressure due to increased risk aversion, driven by escalating trade tensions between the US and the EU. US President Donald Trump signaled the possibility of imposing “reciprocal” tariffs on...
Gold news: 🔆The US Dollar extends its recovery from an 11-week low, supported by a slight rebound in US Treasury bond yields, which in turn puts some pressure on Gold prices during the Asian session on Thursday. 🔆On Wednesday, US President Donald Trump raised expectations for a potential delay in imposing steep new tariffs on imports from Mexico and Canada,...
Gold news: 🔆The US confirmed that the annualized Q4 Gross Domestic Product (GDP) grew by 2.3% in its second estimate. However, the quarterly Personal Consumption Expenditures (PCE) Prices were revised upwards to 2.4% from the initial 2.3%, while Core PCE Prices saw an even sharper increase to 2.7% from the previous 2.5%. 🔆Meanwhile, Initial Jobless Claims rose...
AUD/USD news: 🔆The Australian dollar climbed to 0.6370 on Monday following China’s release of its 2025 annual policy statement on Sunday. The statement outlined plans to advance rural reforms and drive comprehensive rural revitalization, boosting optimism about China’s economic outlook. Given China’s significance as Australia’s key trading partner, these...
Gold news: 🔆Gold is in a short-term correction after entering the extreme buy zone (RSI) in the previous days. After failing to completely break the ATH 2956 resistance level, the sellers rushed in strongly to dominate the market. As a result, gold fell nearly 1.5% yesterday. 🔆In addition, the DXY index recovered today and the US 10-year bond yield suddenly...
AUD/USD news: 🔆Investors view President Trump’s $4.5 trillion tax cut bill as supportive of economic growth and likely to drive inflation higher. This expectation could prompt Federal Reserve (Fed) officials to keep monetary policy restrictive for an extended period, strengthening the US dollar. 🔆At the same time, the Australian Dollar (AUD) has lagged behind...
NZD/USD news: 🔆The US House of Representatives has approved President Donald Trump’s $4.5 trillion tax cut plan, which aims to overhaul the tax system, stimulate economic growth, and ease regulations to foster a more business-friendly environment. This has contributed to a strong rebound in the US dollar. 🔆Additionally, investors anticipate that Trump’s tax...
GBP/USD news: 🔆GBP/USD edged higher on Tuesday, pushing Cable towards the upper range of its recent consolidation and maintaining support near the 200-day Exponential Moving Average (EMA). Meanwhile, US consumer sentiment declined in February, intensifying worries about an economic slowdown. Additionally, US President Donald Trump reiterated his plan to enforce...
EUR/USD news: 🔆Weakening U.S. economic data weighed on the U.S. dollar, as the Conference Board’s consumer confidence index dropped by 7 points in February to 98.3, marking its third consecutive decline, according to Tuesday’s data release. 🔆Meanwhile, Richmond Federal Reserve President Thomas Barkin projected another decrease in Personal Consumption...
USD/CHF news: 👉The USD/CHF pair rose to near 0.8950 on Wednesday in early European trade, snapping a four-day losing streak. The greenback rebounded from an 11-week low as the Federal Reserve’s cautious approach helped limit the greenback’s losses. 👉Meanwhile, a 0.5% rise in the benchmark 10-year Treasury yield also contributed to the greenback’s...
Gold news: 🔆Gold prices hovered below a record high of $2,956 during the Asian session. The rally continued as the dollar weakened and US Treasury yields fell 0.43%. At the time of writing, XAU/USD was trading at $2,948.6. 🔆Gold prices have been rising for the past eight weeks, driven by the largest net inflows into gold-backed ETFs since 2022 🔆While XAU/USD...
GBP/USD news: 🔆GBP/USD eased after hitting a two-month high of 1.2674 on Friday, hovering around 1.2670 in Asian trade. However, the pair maintained its strength as the US dollar remained under pressure due to weak jobless claims data and mixed signals from the Federal Reserve. 🔆Minutes of the Fed's January policy meeting showed that some policymakers viewed...
USD/CAD news: 🔆USD/CAD is currently at the resistance level of 1.4230 as the USD shows signs of rebounding in the US trading session. However, the outlook for the US dollar is weakening as the possibility of a Fed rate cut increases. The weakness of this pair is due to the weaker US dollar following the gloomy US economic data. 🔆In addition, the US 10-year bond...
USD/JPY news: 🔆The USD/JPY pair climbs to around 149.80 during North American trading hours on Monday, driven by a weaker Japanese Yen (JPY) as 10-year Japan bond yields undergo a slight correction. The 10-year Japanese Government Bonds (JGBs) decline to approximately 1.41% from 1.45%, the highest level in nearly 15 years. 🔆Despite this, expectations that the...
Gold news: 🔆Gold prices remain in a bullish consolidation phase just below record highs early Monday. A rebound in US Treasury yields counterbalances the decline in the US dollar, keeping gold within a familiar trading range. 🔆However, the downside for gold is cushioned by broad weakness in the US dollar, driven by the euro’s rally following the German election...
EUR/USD news: 🔆The EUR/USD pair gains positive momentum at the start of the new week, reaching a near one-month high around the 1.0525-1.0530 range during the Asian session, driven by renewed selling pressure on the US dollar (USD). 🔆Heading into the weekend, the USD struggled following weaker-than-expected economic data, including the final Michigan Confidence...
NZD/USD news: 🔆BBH FX analysts report that Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway has reaffirmed the bank’s policy stance. His comments did not have much impact on the NZD, as he pointed out that the RBNZ’s updated Official Cash Rate (OCR) forecasts show a total of 75 basis points of rate cuts over the next year. 🔆However, he stressed...
EUR/USD news: 🔆EUR/USD remains under pressure near the 1.0500 mark in early European trading on Friday, weighed down by a broad recovery in the US Dollar. Traders are adopting a cautious approach, avoiding new positions on the pair ahead of the release of preliminary PMI reports for both the Eurozone and the US. 🔆Later in the day, S&P Global will release the US...