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Good news for investors! The Dow Jones showed some early pep on Wednesday as US CPI inflation cooled off more than anticipated. However, that positive vibe didn’t last long. Market worries about trade wars quickly resurfaced, casting a shadow again. Those global tariffs on steel and aluminum? They’re expected to hit US consumers right in

EUR/USD traded around the 1.0900 mark after the European trading day, pushing its recent gains further. After taking a breather on Monday, the pair jumped by over 0.70%, nearing its highest point since November 2024. Technical indicators still suggest overbought conditions, hinting that the upward momentum might be running out of steam, particularly with important

EUR/USD edged higher to around 1.0830 after Monday’s European trading session, managing to post modest gains. Following last week’s impressive surge of over 4%, the pair appears to be taking a breather, potentially finding stability above its 200-day SMA, which sits near 1.0780. While technical indicators still lean positive, the RSI is ticking down from

The AUD/JPY pair has drifted downwards as we head into the Asian trading day, marking its second day of losses and hovering around the 93.00 level. However, the selling pressure seems to be easing, and technical indicators are hinting that buyers might try to push back or at least stabilize things. The AUD/JPY pair continued

Australian Dollar feeling the pressure: US jobs data disappoints, sparking risk-off mood. US jobs report misses the mark, wages growth slows – is the economy losing steam? China’s imports weaken, adding to the Aussie’s woes. Technical charts hint at further Aussie downside as it tests crucial support. The Australian Dollar took a hit on Friday,

The US Dollar is extending its losses on Tuesday, building on a weak performance from Monday. Investors are selling off the Greenback following the implementation of US tariffs, which are now facing retaliation from both Canada and China. The US Dollar Index (DXY) is struggling to find support and may decline further on Tuesday. The

Atlanta Fed GDP Now forecast weakens, raising recession worries. ISM Manufacturing PMI slips to 50.3 as Trump’s tariffs cloud economic view. UK 10-year GILTS yield climbs, while US 10-year T-note yield dips. After a couple of days of dips, the British Pound Sterling (GBP) is bouncing back, gaining over 0.89% against a softer US Dollar (DXY). The

Silver Price Update: XAG/USD dips to $31.13 as downside pressure mounts Silver struggled to stay above $33.00, leading to consolidation and increased selling. The price is now testing the 100-day SMA at $31.20, with the 50-day SMA at $30.89 as the next crucial support level. If the price breaks below $30.89, we could see a

GBP/USD keeps climbing, gaining another quarter of a percent and hitting fresh 10-week highs. Despite a quiet news day, currency traders are pushing the Pound against the Dollar towards the 1.2700 mark. “No news is good news” seems to be the motto as the UK economy appears stable, and expectations for three more Bank of

After a wild ride earlier, the US Dollar is now steady as a flurry of geopolitical news hits the markets this Monday. In Germany, the far-right AfD party is trailing behind the CDU in early election results. The US Dollar Index (DXY) has bounced back from a nearly 0.50% drop and is currently trading slightly