Forex News

The Melbourne skyline offers a striking contrast to the turbulent economic landscape impacting the Australian Dollar (AUD). Recent developments from the U.S. have triggered a complex interplay between trade policies and currency valuation. With U.S. tariffs on Chinese goods soaring to an astonishing 145%, the implications on the AUD are palpable. Trade relationships are not
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The foreign exchange market has seen a notable rebound for the USD/CAD pair, which surged to approximately 1.4105 during the early Asian trading hours this Thursday. This resurgence stems primarily from a significant announcement by U.S. President Donald Trump, indicating a 90-day reprieve on new tariffs for key trade partners. This move is perceived by
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The EUR/USD currency pair has experienced significant fluctuations recently, retreating to around 1.0900 as the US Dollar gains momentum. This shift can be attributed to mounting tensions between the United States and its trading partners, primarily driven by the controversial trade policies enacted by the Trump administration. As Trump prepares to engage in talks with
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As the trading week begins, the US Dollar Index (DXY) finds itself hovering around the 103 mark, attempting to maintain and build on its rebound experienced last Friday. The delicate balancing act of the DXY reflects the broader market’s volatility, highly influenced by fluctuating headlines and geopolitical developments. In a twist of fate that briefly
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In recent remarks, Federal Reserve Chairman Jerome Powell has drawn attention to the significant impacts of President Donald Trump’s tariff initiatives on the U.S. economy. The tariffs, initially thought to have moderate consequences, are evolving into a larger economic phenomenon with potential repercussions that may far outweigh expectations. As Powell noted, these tariffs risk igniting
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As the sun rises over the Asian markets, the Australian Dollar (AUD) appears to be holding steady, trading at approximately 0.6275 against the U.S. Dollar (USD). This seemingly stagnant moment in early trading hides a plethora of global economic tensions and looming policy shifts. U.S. President Donald Trump is scheduled to unveil reciprocal tariffs that
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