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Asia Market Update: Trump dominates news; delays reciprocal tariffs; US-IN agreement; calls for RU, CN, IN to come together; Focus on Jan US Retail Sales. - Pres Trump unveiled an outline of his much anticipated reciprocal tariffs plan. However, it was relatively short on details and will not take e

Dollar Index extended the fall further. A break below 107 can initiate the fall towards 106.00-105.50. Euro can head towards the resistance needs to see a strong break past 1.0450 to bring 1.05/06 into picture. EURINR is trading higher within its broad range of 89-91. USDJPY and EURJPY are coming of

USD/CAD falls below 1.4300 as the market sentiment turns risk-on amid optimism over the Russia-Ukraine truce. The outlook of the US Dollar remains firm on expectations that the Fed will hold interest rates for longer. Investors expect the BoC to continue reducing interest rates further. The USD/CAD

XRP/USD Elliott Wave Forecast: Correction Before the Next Leg Higher The Elliott Wave analysis on XRP/USD suggests a strong bullish trend, with a clearly defined five-wave impulsive structure. The chart begins with a corrective wave ((2)), marking the end of a prior bearish cycle. From there, the ma

Scope for EUR to weaken further; any decline is unlikely to reach the major support at 1.0250. In the longer run, outlook is unclear; EUR could trade in a broad range of 1.0250/1.0490 for the time being, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR is unlikely to reach the major s

The US Dollar Index holds below 108.00 as mixed economic indicators raise concerns ahead of Friday's employment report. ADP reports a stronger-than-expected increase in private sector employment for January, while Initial Jobless Claims also rise. Investors anticipate the upcoming Nonfarm Payrolls d

Japan's Economy Minister Ryosei Akazawa noted on Wednesday that the ”government’s focus is to eradicate Japan's deflationary mindset.” “With an ambitious goal to boost minimum wages, the government is trying to eradicate deflationary mindset,” he added. Market reaction USD/JPY was last seen trading