French ECB Governing Council member Francois Villeroy de Galhau highlighted the global economic risks stemming from US President-elect Donald Trump’s plans to increase tariffs and implement tax cuts. Speaking at a retail investor conference in Read more…
USDCAD declines from 1.4100 again RSI moves horizontally below 70 MACD still in bullish momentum USDCAD has successfully broken the 1.4100 psychological mark earlier today, taking the market towards a fresh four-and-a-half-year high of 1.4176. Read more…
US President-elect Trump used his Truth Social network to announce his latest tariff threats. Trump vowed to impose 10% additional tariffs on China exports to the US and 25% tariffs on all products from Mexico Read more…
Oil prices rose in early European trade following a drop on Monday. OPEC+ is set to meet on December 1st to discuss a potential oil cut rollover into 2025. Technically, Brent Crude has been in Read more…
The Japanese yen has been relatively quiet for over a week and the trend has continued on Tuesday. In the European session, USD/JPY is trading at 153.79, down 0.25% on the day. BoJ Core CPI Read more…
Check back for updates throughout the trading day U.S. equity futures edged modestly higher in early Tuesday trading, while the dollar rallied and Treasury bonds fell, as investors reacted to threats of significant tariffs on Read more…
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Market Picture The cryptocurrency market is under pressure, losing about 4.6% in 24 hours to $3.2 trillion by the start of active trading in Europe. These are five-day lows, with the crypto market driven by Read more…
EUR/USD remains in a narrow-range sideways mode in early Tuesday’s trading, in extension of Monday’s action, shaped in Doji candle and signaling indecision Initial positive signal is developing on daily chart following last Friday’s strong Read more…
NZDUSD hits fresh lows on US tariff threats Technical outlook remains gloomy RBNZ rate decision due on Wednesday at 01:00 GMT NZDUSD plunged to a one-year low of 0.5795 early on Tuesday following Trump’s renewed Read more…