MarketPulse

GBP/USD has rallied by 2.1% from Monday, 3 February swing low. The 2-year yield premium shrinkage between UK sovereign fixed income over the US Treasury Note may trigger a bearish reversal on the...

The Bank of England (BoE) is expected to announce a 25 bps rate cut on February 6, 2025. Weak UK Data and ongoing trade war and geopolitical risks pose threat to BoE policy. Key levels to watch are...

USD/JPY is testing a crucial support level. BOJ rate hike expectations are growing on the back of strong data. Key support levels are at 151.53 and 150.00, while resistance levels are at 153.91,...

Brent Crude oil prices recovered supported by potential “maximum pressure” on Iran by the US. OPEC+ maintained its current production policy, with a planned gradual increase in supply depending on...

5-year and 10-year US breakeven inflation rates have just staged a major bullish breakout from a two-year plus of basing formation. Trade War 2.0 involves the US and other major trading partners...

The New Zealand dollar is trading at 0.5608 in the European session, down 0.35% on the day. On Monday, NZD/USD fell as much as 1.2% but managed to recover most of these losses. New Zealand Employment...

Trade War 2.0 may trigger a stagflation narrative as it involves not only US-China trade but with other major trading partners. Commodities currencies may face further headwinds due to deteriorating...

President Trump’s tariffs on Mexico and Canada have been postponed to March 1st after successful negotiations. US-China trade tensions continue to escalate with both countries imposing new...

The euro has weakened at the start of the new week. EUR/USD slumped over the weekend and dropped as low as 1.0141, its lowest level since Nov. 2022. The euro has recovered somewhat on Monday and is...

The Australian dollar is coming off a nasty week, declining 1.6%, and the slide has continued on Monday. AUD/USD fell as In the European session, AUD/USD is trading at 0.6146, down 1% on the day....

The Japanese yen has reversed directions on Friday and has edged lower. In the European session, USD/JPY is trading at 154.73, up 0.28% on the day. Tokyo Core CPI Rises 2.5% Japan’s Tokyo’s core...

Bitcoin has regained momentum after a four-day decline, bolstered by a weaker US Dollar. The cryptocurrency’s recovery has also been fueled by discussions in several US states about adopting Bitcoin...

The euro has edged lower ahead of today’s rate annoucement from the European Central Bank. In the European session, EUR/USD is currently trading at 1.0396, down 0.23% on the day. ECB Projected to...

The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. US Commerce Secretary Nominee Lutnick expressed support for sweeping tariffs, claiming...

Oil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the impact it will have on Global Demand continue to weigh on the minds of market...

The Canadian dollar is steady on Wednesday. In the European session, USD/CAD is trading at 1.44236, up 0.23% on the day. It should be a busy day for the Canadian dollar, with the Bank of Canada and...