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USD/JPY USDJPY remains constructive and ticks higher on Tuesday, on surprise slowdown in safe haven demand after President Trump imposed new set of tariffs on imports of metals. Also, investors are taking a breather ahead of today’s testimony of Fed Chair Powell and Wednesday’s release of US inflati

GBP/USD returns to bearish territory after rejection from 1.2500. A move below 1.2350 could renew downside pressures. GBPUSD has taken a negative turn again after its strong bullish start to the month failed to break above the 1.2500 resistance and the 50-day simple moving average (SMA). The pair co

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Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee noted on Thursday that while the Fed is on pace to achieve its inflation and employment targets, there is still some room to move on inflation before victory can be claimed. Inconsistent messaging from the US White House about trade tar

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USD/CAD trades with mild negative bias around 1.4315 in Wednesday’s late Amercian session. Canada posts its first trade surplus in 10 months in December as exports continue to expand. US ISM Services PMI eased to 52.8 in January vs. 54.3 expected. The USD/CAD pair posts modest losses near 1.4315 dur

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