Navigating the US Dollar (DXY): Tariffs, Data, and Technicals

The euro is sharply lower on Wednesday. In the European session, EUR/USD is trading at 1.1116 at the time of writing, down 0.60% on the day. There are no tier-1 events on today’s data calendar but Thursday will be busy, with German CPI and US GDP. German CPI expected to ease Germany, the largest economy […]

Gold price posted new record high on Friday, following a probe through psychological $2800 barrier, in extension of Thursday’s 1.3% advance. The bullion benefited from fresh safe haven demand on renewed tariff threats from President Trump that the US would impose 25% duty on imports from Canada and Mexico, while still considering tariffs on imports […]

USD/JPY has been struggling to break past the resistance level at 149.55 despite repeated attempts over the past five trading sessions. The Japanese yen remains under pressure as the Federal Reserve signals a more moderate approach to interest rate cuts in its upcoming meetings, contrasting with the broader expectations of more aggressive rate reductions. Further […]