The US dollar has regained its upward momentum recently, supported by market optimism following the mutual US-China agreement to reduce tariffs. One of the most notable currencies to weaken against the US dollar is the Japanese yen.
The USD/JPY pair has risen, forming a series of higher highs. The recent movement highlights three key levels to watch closely.
The...
The United States and China reached a significant trade agreement on May 12, 2025, following high-level negotiations in Geneva. The agreement establishes a 90-day truce in the ongoing trade dispute, during which both countries have committed to significantly lowering tariffs on each other’s goods.
The U.S. reduced its tariff from 145% to 30%, while China cut its...
After trending upward since early 2025 on a weaker dollar, EUR/USD saw a notable pullback this week. For the first time, we can technically say that the uptrend has ended. But what are the reasons?
The price dropped below the 1.12640 level, which represents the most recent higher low recorded by the market, and closed the day below it, forming a new low. This...
The king of crypto, Bitcoin (BTC), extended its winning streak into Thursday, marking three consecutive days of gains. This surge has been largely attributed to a weaker U.S. dollar, the establishment of the U.S. strategic Bitcoin reserve and accumulation of large amount by investors and an overall risk-on sentiment prevailing in global markets, which has buoyed...
At 3:02 PM GMT +4 Thursday 8th of May 2025, the Bank of England would likely trim interest rates by a quarter point to 4.25%, as it braces for the economic ripple effects of President Donald Trump’s escalating global trade tensions. Analysts also hint of more rate cuts ahead, as the uncertainty unleashed by US President Donald Trump’s global trade war hits...
In 2025, gold experienced an unprecedented surge, marking its best quarterly performance in history with gains exceeding 17% in Q1. The second quarter of 2025 began with further gains, reaching a new all-time high at $3,500.110 per ounce.
Several economic and political factors contributed to the rise in global demand for gold as a safe haven asset amid fears of a...
Earlier today, May 1st, The Bank of Japan (BoJ) maintained its interest rates at 0.5%, with a dovish outlook, including trimmed growth and inflation forecasts.
This stance suggests a lower likelihood of near-term rate hikes, this priced in a weaker Yen and hence the Yen lagged across board.
The Canadian Dollar on the other hand being strengthened by the recent...
The USD/CHF pair is trading in a general downtrend on the 4-hour timeframe, forming consecutively lower lows. The recent declines are attributed to the weakening US dollar amid concerns over tariff-related disruptions and their impact on the US economy. On the other hand, the Swiss franc has seen increased demand as a safe-haven currency, similar to the Japanese...
On Monday April 28, 2025, President Donald Trump announced plans to ease the impact of his automotive tariffs, aiming to alleviate concerns from automakers and consumers. In response to this, the dollar index started making recovery from previous week losses, however the dollar index is somewhat steady around 99.29 as markets awaits the key events this week.
From...
We could spot an immediate up trend on GBPCAD on the H4 time frame, the overall bullish dominance is conspicuous with the formation of HHs and HLs.
However, prices were resisted around 1.8527 levels which happened to be three weeks high.
Price is currently resting above EMA 50 which serves as support and likely adds credence to the bullish trend. From technical...
What triggered the recent movements?
As per analyst analysis, since February 20, 2025, the S&P 500 Index began a gradual decline, forming a clear downtrend that resulted in a total drop of approximately 21.14%. This sharp retreat was primarily driven by mounting investor concerns over President Donald Trump's foreign trade policies, particularly the increased...
The Lonnie is seen bearish during the Asian session. Meanwhile the overall trend is bearish but rebounded the previous day to close at 1.3958 a cumulative of + 58% for the day. The pair witnessed a slight resistance somewhere around 1.3977 but tanked afterwards and maintained this trajectory today the 16th of April 2025.
The pair is seen hovering around 1.3916 and...
Gold prices rebounded during Wednesday’s Asian session as the demand for safe haven increased in the wake of U.S. tariffs. However, spot prices were resisted around $3,058.
Adding fuel to the rally was a weakening dollar, with the dollar index sliding and further boosting gold’s demand.
Meanwhile, gold spot tested $2,956 level on Monday which happened to be three...
The Euro rose significantly against the US dollar during yesterday's session, Thursday, April 3, 2025, successfully breaching the resistance level at 1.09547 and establishing a new high above it. This upward movement followed the decision by the US president to impose tariffs on approximately 180 countries, significantly impacting the performance of the US dollar...
Why is the EUR/NZD pair in the spotlight as the week comes to an end?
At the beginning of this year, the euro rose by more than 6%, reaching its highest levels since November 2024. Meanwhile, the New Zealand dollar was experiencing a decline at the end of last year, touching its lowest levels since October 2022. But what has changed this week?
From the...
As investors turn to safe-haven assets during turbulent times, the yellow metal created a new high level to trade at $3017 during Asian trade on Tuesday the 18th.
The yellow metal broke and traded above the $3000 per ounce for the first time on Friday, March 14th, 2025.
Meanwhile, geopolitical tensions coupled with concerns over trade disruptions and...
With the recent decline of the US dollar to its lowest level since November 2024, the euro has surged, reaching 1.09365 its highest level since November 2024. This rise is primarily driven by the recent weakness of the US dollar.
Possible Scenarios for EUR/USD in the Coming Period:
Scenario 1:
The pair continues its general upward trend, forming higher...
Several factors have influenced EUR/CAD in recent times. Despite last week’s rate cut, the pair continued to rally, driven by market sentiment and optimism about a potential shift in monetary policy. From Eurozone inflation, currently at 2.4%, which slightly eased from January’s 2.5%, which contributed to the ECB’s decision to cut rates in March 6th by 25bps, to...
