Varied reaction in FX markets with open trade, growth-sensitive FX such as CNH, KRW, SGD, MYR and THB under some pressure post-tariff announcement. DXY was last seen at 102 levels, OCBC's FX analysts ...
AUD could continue to trade in a choppy manner, likely between 0.6220 and 0.6320. In the longer run, sharp but short-lived swings have resulted in a mixed outlook; AUD could trade in a 0.6185/0.6340 ...
EUR/USD soars above 1.1000 as the US Dollar has been hit hard by Trump’s reciprocal tariffs announcement.
Volatility fueled by Trump’s tariffs swept $200 billion from total market capitalization, liquidating over $178 million in BTC. Institutional investors bought the dips despite this price volatility as ...
GBP/USD rallies higher in the European session on Thursday and trades at its strongest level in six months above 1.3150.
"However, the tariff announcement did provide some relief to metal markets. It's becoming clear that steel and aluminium imports won't be subject to these tariffs. The same with gold and copper. The ...
A pair like CNH/JPY best characterises the mood in FX markets, ING's FX analyst Chris Turner notes.
Gray Wave 5. The previous gray wave 3 impulsive phase is considered complete. The index is now within the gray wave 4 correction, suggesting a temporary pause before the next upward move. The chart ...
Leaders of corporations complain about the added tariffs and major technology stocks continue to lose steam. Shares of those companies which had previously gained substantial momentum might now be ...
The Pound Sterling rallies to near 1.3110 against the US Dollar after building base around the 61.8% Fibonacci retracement, plotted from late-September high to mid-January low, near 1.2930. The upward ...
The trade-weighted DXY has broken to a new low for the year as investors continue to fear what these new reciprocal tariffs mean for US confidence and activity, ING's FX analyst Chris Turner notes.
Will markets overlook near-term data as we await impact of tariffs.