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Australian Dollar loses ground following fresh Trump tariff threats
The Australian Dollar declines as market sentiment deteriorates amid fresh tariff threats from US President Donald Trump. Australia's Wage Price Index increased by 0.7% QoQ in Q4 2024, missing the expected 0.8% rise. Hawkish remarks [...]
AUD/NZD rises toward 1.1200 following RBNZ rate-cut decision
AUD/NZD appreciated as the RBNZ lowered its Official Cash Rate by 50 basis points on Wednesday. Traders will closely monitor RBNZ Governor Adrian Orr’s press conference for clues on the central bank’s future policy direction. Australia's [...]
NZD/USD slides further below 0.5700 in reaction to RBNZ’s supersized rate cut
NZD/USD drifts lower for the second straight day after the RBNZ’s expected 50 bps rate cut. Concerns about Trump’s reciprocal tariffs and trade war fears further weigh on the Kiwi. Subdued USD price action could [...]
USD/CAD edges higher to near 1.4200 ahead of FOMC Minutes
USD/CAD gains ground to around 1.4195 in Tuesday’s late American session. Canada's annual CPI inflation rate rose to 1.9% in January. Fed’s Daly said the policy should stay restrictive until more inflation progresses. The USD/CAD [...]
EUR/USD slides as risk appetite improves, Trump tariffs fuel uncertainty
EUR/USD drops 0.30% as S&P 500 hits record high. Trump confirms 25% auto tariffs, adding trade policy uncertainty. Eurozone sentiment improves, but ECB’s Holzmann signals possible March rate cut. The Euro is set to end [...]
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