FX

Mexican Peso erased gains of 0.61% and turns negatively as Trump’s threat of 25% tariffs would be enacted. The White House denied Reuters’ report about US delaying tariffs implementation to March 1. Mixed US economic indicators and Fed commentary maintain cautious market sentiment. The Mexican Peso (MXN) erases some of its earlier gains and losses

AUD/USD hovers above 0.6200, defending mild bids amid US tariff concerns and weak Chinese data. US PCE data showed no surprises, Fed remains cautious. RBA dovish bets continue to pressure the pair. The Australian Dollar clings to mild gains on Friday, trading around 0.6215 after briefly touching a two-week low. The pair remains under pressure

The US Dollar holds ground above 108.00 as traders await weekend tariff announcements. Trump threatens 100% tariffs on BRICS nations if they challenge the US Dollar in global trade. US PCE inflation data shows steady price pressure, reinforcing the Fed’s cautious stance. The US Dollar Index hovers near 108.50, marking a fresh weekly high. The

United States (US) Press Secretary Karoline Leavitt dashed investor hopes for a delay in tariffs on Friday, announcing from the White House’s press podium that President Donald Trump’s wide tariffs of 25% on Canada and Mexico, as well as 10% on China, would be taking effect on February 1. The announcement shattered earlier reports that

Gold price enters a bullish consolidation phase after touching a fresh all-time peak on Friday. The Fed’s hawkish pause and rebounding US bond yields cap the gains for the XAU/USD pair. Traders now look forward to the release of the US PCE Price Index for a fresh impetus. Gold price (XAU/USD) touches the $2,800 mark,

The US Dollar traded with a tepid downside bias amid lower yields and further investors’ assessment of Wednesday’s hawkish hold by the Federal Reserve, while the release of Friday’s PCE also prompted some caution. Here is what you need to know on Friday, January 31: The US Dollar Index (DXY) remained inconclusive below the 108.00

USD/CAD attracts some dip-buyers on Thursday, though it lacks bullish conviction. The BoC’s dovish stance and bearish Oil prices continue to undermine the Loonie.  Declining US bond yields keep the USD bulls on the defensive and cap spot prices. The USD/CAD pair rebounds over 40 pips from the intraday low and climbs to a fresh

Federal Reserve leaves rates unchanged at 4.25%-4.50% as expected. Fed statement removes prior language on inflation progress, signaling a cautious approach. Jerome Powell was seen somewhat dovish in his presser. The AUD/USD pair extended its decline on Wednesday, falling to 0.6220 following the Federal Reserve’s policy decision. As widely anticipated, the Fed left interest rates

The Pound Sterling moves higher against the US Dollar, as investors focus on the Fed’s monetary policy decision. Fading concerns over DeepSeek’s low-cost AI model to challenge US AI models’ dominance have diminished some US Dollar risk-premium. UK Keir Starmer expects the economy is starting to turn around. The Pound Sterling (GBP) ticks higher to

The Dollar Index gains traction, hitting a fresh weekly high above 108.00 as market sentiment deteriorates. US Durable Goods Orders disappointed, declining by 2.2% in December, missing expectations for a 0.8% increase. Treasury Secretary Scott Bessent proposed gradual tariffs, but Trump pushed for higher, uniform rates, spooking investors. Consumer Confidence in January fell to 104.1

Here is what you need to know on Tuesday, January 28: Following Monday’s choppy action, the US Dollar gathers strength against its rivals early Tuesday as markets assess US President Donald Trump’s latest comments on tariffs. Later in the day, December Durable Goods Orders and the Conference Board’s Consumer Confidence Index data for January will

The US Dollar began the new trading week on the back foot as market participants continued to digest the narrative of further tariffs from the Trump administration, while investors started gearing up for the FOMC meeting on Wednesday. Here is what you need to know on Tuesday, January 28: The US Dollar Index (DXY) printed

Gold price kicks off the new week on a weaker note amid a modest USD recovery.  Fed rate cut bets and sliding US bond yields might cap any further USD move up. Renewed trade war fears could help limit losses for the safe-haven XAU/USD pair. Gold price (XAU/USD) maintains its offered tone heading into the

Pair jumps 0.42% to 0.6315 on Friday, buoyed by broad risk appetite. Trump expresses willingness to avoid tariffs on China, offers trade deal hints. Fed rate cut bets and upbeat sentiment pressure the US Dollar. Traders assess the latest US PMI data amid a potential shift in risk dynamics. AUD/USD attracted buyers on Friday after

Gold nears all-time high, rises amid volatile US policy statements. Trump’s WEF comments soften on Chinese tariffs and advocate lower rates, affecting the dollar. The US Dollar Index drops 0.62% to 107.44, weakening the Greenback and enhancing gold’s hedge appeal. Gold price extended its weekly gains, poised to challenge the all-time high of $2,790 rather

NZD/USD advances on Friday, holding above the key 0.5700 level. The pair maintains its uptrend, supported by bullish technical indicators. Focus remains on whether momentum can push the pair toward the next resistance level at 0.5750. The NZD/USD pair continued its upward trajectory on Friday, rising by 0.44% to settle at 0.5705 and mantains its footing above

The Dow Jones eased somwhat on Friday, testing into 44,300. Despite a quiet end to the week, equities are poised for strong bullish closes. US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a

Pound Sterling outperforms USD as Trump backs immediate rate cuts The Pound Sterling (GBP) jumps above 1.2400 against the US Dollar (USD) on Friday. The GBP/USD gains as the US Dollar is onset to end the week with the highest losses in almost two months. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, slumps