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China Hits Back with 125% Tariffs After US Escalates Duties to 145%; Beijing Dismisses Move as a “Joke”. US Consumer Sentiment Plummets to 50.8 as Inflation Expectations Soar. UK Economy Surprises with 0.5% Growth in February, Boosting Sterling Amid Global Uncertainty. The Pound Sterling (GBP) continued its upward trend against the US Dollar (USD) as

EUR/USD Climbs Towards 1.1300 After Friday’s Surge Mixed Signals from Indicators: MACD Says Buy, RSI Warns of Overbought Conditions Upward Trend Confirmed: Key Moving Averages Point to Continued Bullish Momentum, Support Around 1.11–1.1000 The EUR/USD currency pair really took off on Friday, experiencing a strong jump and getting close to the 1.1300 level as European

Federal Reserve (Fed) Board of Governors member Michelle Bowman gave her thoughts on the economy Thursday, pointing out that while the US economy is generally looking good and inflation is currently under control, there are still some significant challenges to navigate moving forward. Key highlights The US economy is in a strong position. Economic growth

Richmond Fed President Tom Barkin brought a dose of reality to market hopes for interest rate cuts on Wednesday. He pointed out that the Fed is generally bracing for negative economic impacts stemming from both sides of the US’s ongoing trade disputes. Key highlights He suggested tariff-related price increases could start as early as June.

Mexican Peso Under Pressure: Despite initial trade optimism fueled by Bessent, the Peso faces headwinds as markets grapple with escalating US tariffs on China. Banxico Rate Cut Anticipated: A Citi survey suggests Banxico is likely to cut rates by 50 bps in May, while also revising economic growth forecasts downwards. Market Focus: CPI and Inflation

EUR/USD kicked off Monday trading around the 1.0900 mark, after easing back from higher levels achieved earlier in the session. Looking at the bigger picture, the overall trend still suggests upward momentum, with key moving averages reinforcing a bullish perspective despite some short-term uncertainty. For those watching the charts, technical support appears to be in

Starting Friday, the NZD/USD pair experienced a sharp downturn, heading quickly towards the 0.5600 level as heavy selling pressure mounted ahead of the Asian trading day. Diving into the momentum indicators, the signals are undeniably bearish. Both the MACD and the Bull Bear Power indicators are strongly signaling selling pressure. Looking at the bigger picture,

Gold is experiencing its second day of declines as its safe-haven allure diminishes, even though Powell pointed out growing risks. Powell indicated the Fed can wait for more data before acting, suggesting tariffs might extend inflation, which is unsettling for Gold investors. The Fed’s hawkish stance is pushing the DXY up by 0.47% to 102.56,

Federal Reserve Chairman Jerome Powell recently shared his thoughts on President Trump’s tariffs at the annual Society for Advancing Business Editing and Writing conference. In his prepared remarks on Friday, Powell indicated that the tariffs are proving to be more impactful than initially anticipated, raising concerns about potential increases in inflation and a slowdown in

EUR/USD jumps to around 1.1145 as Trump’s tariff announcement slams the US Dollar. US President Trump slaps the Eurozone with 20% reciprocal tariffs. EU Chief von der Leyen promises retaliation if Washington talks fail. EUR/USD is on a tear today, reaching its highest point since October, hitting about 1.1145 in Thursday’s North American session and