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Asian Session Market Wrap US stock futures fell, and Treasury yields rose after Moody’s downgraded the US government’s top credit rating. The downgrade, from AAA to AA1, was due to a growing budget...
USD rebounds after Bloomberg says FX not involved in U.S. trade talks AUD/USD fails at 200DMA again, back to .6430 Aussie jobs data in focus, but unemployment rate is key Gold breaks $3200 with...
USD slides despite strong ISM services and rising Treasury yields. USD/JPY breaks wedge and support near 144, risks turning lower. AUD/USD closes above 200DMA, bulls eye further upside. China is...
May has historically seen weakness in EUR/USD, GBP/USD, and AUD/USD going back to the Bretton Woods Agreement in 1971. In contrast, USD/JPY and USD/CAD have seen more mixed performance in...
AUD/USD rejected at uptrend resistance for the third time. Bearish candles forming despite bullish momentum signals. NZD/USD fades again above .6000 with divergence building. Trade sentiment key...
USD/JPY closes below 142.00 despite strong U.S. retail sales. AUD/USD near key resistance ahead of Aussie jobs report. ECB guidance on euro strength may rattle FX markets. Thin liquidity heightens...
AUD underperforms on Liberation Day as risk sentiment dives. US hits China with additional 34% tariff, overshadowing Australia’s lighter treatment. EUR/AUD breaks out, eyes 1.7800; GBP/AUD nears...
High-beta currencies have rallied overnight, perhaps indicating that the US will opt for a flat rate over country-specific tariffs, which could be seen as slightly more lenient. But it’s also been...
The US dollar started the week on the front foot thanks to some defensive positioning ahead of tomorrow’s tariff announcement. Barring data disappointment (JOLTS and ISM manufacturing), there is a...
AUD under pressure as risk sentiment weakens ahead of April 2. GBP/AUD tests 2.0627 resistance, EUR/AUD eyes breakout extension. Momentum signals mixed, reinforcing the need for decisive price...
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