Key takeaways Tariff escalation despite court setback: President Trump rejected the Supreme Court’s ruling against his 10% baseline tariffs and moved to lift them to 15% under Section 122 of the 1974 Trade Act, raising Read more…
Currency markets opened on Monday with the US dollar under pressure, as traders assessed weekend developments related to US tariff policy. According to Reuters: → On Friday, the Supreme Court ruled that President Trump’s sweeping Read more…
Daily Pivots: (S1) 1.3663; (P) 1.3687; (R1) 1.3705; More… Intraday bias in USD/CAD stays neutral at this point. Consolidations from 1.3480 and stronger rebound might be seen. But upside should be limited by 55 D Read more…
Daily Pivots: (S1) 0.7035; (P) 0.7065; (R1) 0.7114; More… Intraday bias in AUD/USD remains neutral and more consolidations could be seen below 0.7146. Deeper retreat cannot be ruled out, but downside should be contained above Read more…
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Daily Pivots: (S1) 1.1747; (P) 1.1778; (R1) 1.1811; More…. Intraday bias in EUR/USD stays neutral at this point. Risk will remain on the downside as long as 1.1928 resistance holds. Below 1.1740 will target 1.1576 Read more…
Daily Pivots: (S1) 1.3438; (P) 1.3476; (R1) 1.3518; More… Intraday bias in GBP/USD remains neutral for the moment. For now, fall from 1.3867 is seen as correcting the whole rise from 1.2099. Risk will stay Read more…
Daily Pivots: (S1) 154.65; (P) 155.14; (R1) 155.57; More… Intraday bias stays neutral at this point. On the upside, above 155.63 will resume the rally from 152.25 and target 157.65 first. Overall, with 38.2% retracement Read more…
AUD/USD is attempting a fresh increase from 0.7015. NZD/USD is consolidating and could aim for a move above 0.6000 in the short term. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar remained Read more…
Surprise! The US Supreme Court ruled most import tariffs — as imposed by the Trump administration under the Emergency Economic Powers Act (IEEPA) — illegal, invalidating an estimated $130–$160 billion in tariff revenues. Trump was Read more…