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Forex Today: US Dollar under heavy pressure as trade war deepens
The US Dollar (USD) is experiencing significant depreciation against major currencies amid market concerns regarding the potential economic repercussions of US trade tariffs....
ECB’s de Guindos: This uncertainty means we need to be extremely
European Central Bank Vice President Luis de Guindos stated on Thursday that prevailing global trade uncertainties necessitate a highly cautious approach to determining...
ECB’s Nagel: Will have to reassess the situation
European Central Bank Governing Council member and Bundesbank President Joachim Nagel stated Thursday that the ECB will need to re-evaluate the prevailing economic...
USD/INR gains momentum as Trump imposes a 26% tariff directed at India
The Indian Rupee (INR) experienced selling pressure during the early European session on Thursday, influenced by President Trump's proposed 26% tariff on Indian...
EUR/USD gathers strength to near 1.0950 after Trump tariff announcement
The EUR/USD pair has appreciated to approximately 1.0950 during the early European trading session, reflecting a 0.85% increase. This movement follows the announcement...
GBP/USD Price Forecast: Sticks to strong gains near multi-month top, above mid-1.3000s
GBP/USD is experiencing sustained buying interest for the second consecutive session as the USD weakens to a new year-to-date low. Concerns regarding a...
EC President von der Leyen: US tariffs are a major blow to the world economy
European Commission President Ursula von der Leyen has characterized the imposition of US tariffs as a significant detriment to the global economy. In...
USD/INR jumps as Trump imposes a 26% tariff directed at India
The Indian Rupee (INR) experienced selling pressure during Thursday's Asian trading session following the announcement of a 26% tariff on Indian imports by...
WTI trims part of tariffs-inspired losses, finds some support near $69.00 mark
West Texas Intermediate (WTI) experienced significant selling pressure following the announcement of reciprocal tariffs by the US administration. This decline was compounded by...
AUD/USD remains weak below 0.6300 despite upbeat Chinese PMI data
The AUD/USD pair is trading negatively near 0.6280 during the early Asian session. Despite positive Chinese Caixin Services PMI data, the Australian Dollar's...
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