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The holiday shortened week in the US yielded little to change our macroeconomic forecasts in either direction, although a weaker than expected PMI release did help currencies worldwide rally against the Dollar. Yet, fears of Trump's tariffs remain the core driver of currency markets. For now, the on

Gold (XAU/USD) has maintained a strong tone heading into the European session on Monday and drops to $2750. The drop is fueled by a strengthening US Dollar, recovering from its recent lows. However, both fundamental and technical factors suggest caution before placing aggressive bearish bets, as geo

The EIA released its weekly natural gas storage report in which US working storage was reported to have fallen by 223Bcf, less than the 248Bcf draw the market was expecting. The smaller-than-expected draw and forecasts for some warmer weather saw Henry Hub tick lower yesterday, ING’s commodity analy

The Australian Dollar faces pressure after President Trump announced that his administration is considering a 10% tariff on Chinese imports. Chinese Vice Premier Ding Xuexiang warned about the consequences of a trade war. Trump issued a memorandum directing federal agencies to investigate and addres

We’re almost at the targets – in case of multiple markets. And we got other signs, too. The trend is likely about to change. Silver is up over $1.5 since we bought it – not bad for a two-day trade, is it? If one kept repeating this performance throughout the entire year, they would multiply their ca

USD/CAD regains positive traction on Thursday and draws support from a combination of factors. Retreating Oil prices undermines the Loonie and acts as a tailwind amid reviving USD demand. Traders now look to the US monthly Retail Sales and Jobless Claims data for short-term impetus. The USD/CAD pair

European Central Bank (ECB) policymaker Olli Rehn is speaking as part of a "policy dialogue" at the Asian Financial Forum (AFF) 2025, being held in Hong Kong on Monday. Key quotes Europe must not get caught off guard by a trade war. EU should not take hits because of tariffs. Related news ECB’s Lane