FX

Forex markets in May 2025 were largely defined by the ongoing saga surrounding US trade policies and their impact on the dollar. The USD itself began to show some strength before more recently pulling back, with a US trade court initially ruling against President Trump’s tariffs. While they have been temporarily reinstated in light of

Forex markets in May 2025 were largely defined by the ongoing saga surrounding US trade policies and their impact on the dollar. The USD itself began to show some strength before more recently pulling back, with a US trade court initially ruling against President Trump’s tariffs. While they have been temporarily reinstated in light of

As expected, April 2025 proved to be a volatile month for the forex markets, largely dominated by the weakening US dollar. The decline was fuelled by growing concerns about the US economic outlook under President Trump’s policies, particularly his aggressive tariff implementations, and increasing doubts regarding the Federal Reserve’s independence. The euro benefited from the

As expected, April 2025 proved to be a volatile month for the forex markets, largely dominated by the weakening US dollar. The decline was fuelled by growing concerns about the US economic outlook under President Trump’s policies, particularly his aggressive tariff implementations, and increasing doubts regarding the Federal Reserve’s independence. The euro benefited from the

February 2024 saw some strong moves in the forex market, especially for the US dollar. Even on the day this article was written, the currency made strong gains, although this is somewhat against the overall trend during the month, influenced by evolving expectations of Federal Reserve policy, and the uncertainty of President Trump’s policies. The

February 2024 saw some strong moves in the forex market, especially for the US dollar. Even on the day this article was written, the currency made strong gains, although this is somewhat against the overall trend during the month, influenced by evolving expectations of Federal Reserve policy, and the uncertainty of President Trump’s policies. The

The Australian Dollar remains tepid following the release of the monthly Consumer Price Index. China’s International Trade Representative and Vice Minister of Commerce met with US business leaders to discuss tariffs. The Trump administration considers tightening chip export controls on China. The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for the fourth

UnitedHealth Group stock slides hard as DOJ opens investigation. Government probe involves possible fraudulent overcharging of Medicare Advantage plans. UNH stock slides as low as 438.50, a 10-month low. Health insurer calls allegations “false” and “outrageous”. UnitedHealth Group (UNH) stock crashed on Friday morning in light of a new United States (US) Department of Justice (DOJ) probe

The Reserve Bank of Australia is expected to cut the OCR by 25 basis points.  Australian core inflation eased in the final quarter of 2024 but remained above the RBA’s target.  The Australian Dollar consolidates gains against its American rival ahead of the announcement.  The Reserve Bank of Australia (RBA) will announce its first monetary

Gold price edges higher in Friday’s Asian session.  Trade war fears and lower US bond yields support the precious metal.  Investors brace for the US January Retail Sales data, which is due later on Friday.  Gold price (XAU/USD) extends its upside during the Asian trading hours on Friday. The growing concerns about US President Donald

The Australian Dollar loses ground as Trump announces plans to impose a 25% tariff on all steel and aluminum imports. The AUD faced challenges as China’s retaliatory tariffs on certain US exports have come into effect. The US Dollar received support as January’s job report reinforced the cautious mood surrounding the Fed’s policy outlook. The

The Japanese Yen strengthens against the USD for the third straight day on Thursday. The divergent BoJ-Fed policy expectations continue to underpin the lower-yielding JPY.  A positive risk tone does little to dent bullish sentiment surrounding the safe-haven JPY. The Japanese Yen (JPY) remains on the front foot against its American counterpart during the Asian

January 2024 has seen continued volatility in the forex markets. The US dollar was somewhat mixed, showing some weakness later in the month. The Federal Reserve kept rates on hold, and said it is not in a hurry to lower rates. After declining in the early part of the month, the euro clawed back its

AUD/USD hovers above 0.6200, defending mild bids amid US tariff concerns and weak Chinese data. US PCE data showed no surprises, Fed remains cautious. RBA dovish bets continue to pressure the pair. The Australian Dollar clings to mild gains on Friday, trading around 0.6215 after briefly touching a two-week low. The pair remains under pressure

The Japanese Yen is undermined by concerns about the economic fallout from Trump’s tariff.  A positive risk tone also dents demand for the safe-haven JPY and lends support to USD/JPY.  The USD bulls seem reluctant to place aggressive bets and opt to wait for the Fed decision.  The Japanese Yen (JPY) remains on the defensive

The Dow Jones eased somwhat on Friday, testing into 44,300. Despite a quiet end to the week, equities are poised for strong bullish closes. US PMI data came in more mixed than expected, to little effect. The Dow Jones Industrial Average (DJIA) churned into a soft backpedal on Friday, testing down around 200 points on a

The Australian Dollar loses ground due to increased risk aversion as traders focus on Trump’s economic policies, including tariffs. The S&P/ASX 200 Index rose to nearly 8,400, reaching its highest level in six weeks. President Trump intends to instruct federal agencies to review tariff policies and assess the relationships with Canada, Mexico, and China. The

Japan’s Finance Minister Katsunobu Kato reiterated on Friday that it’s “up to the Bank of Japan (BoJ) to decide on monetary policy..” He further noted that he “expects the BoJ to conduct monetary policy appropriately to achieve the 2% inflation target.” Market reaction USD/JPY is maintaining the bounce to trade near 155.30 following these above