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Scandinavian currencies should also do well if geopolitical risk is priced out, with Sweden's krona likely better positioned than Norway's krone due to opposite exposures to energy prices, ING's FX analyst Francesco Pesole notes. Opposite energy price exposure favors Swedish Krona "The drop in NOK/S

The US Dollar (USD) is trading mixed to lower against the major currencies. Trading remains subdued across the majors, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note. USD slips versus most G10 currencies as Friday sell-off resumes "The NZD is a moderate outperformer on the day

AUD/USD trades close to its monthly low around 0.6420 as the US Dollar demonstrates strength.The RBA is expected to cut interest rates in the policy meeting this month.Investors await the US NFP data for July. The AUD/USD pair trades vulnerably near its monthly low around 0.6420 during the European

After months of brinkmanship, false starts, and a market more focused on Nvidia than NAFTA, the tariff trigger was finally pulled—and the world barely blinked. But beneath the surface of Thursday’s tepid market reaction lies a rewiring of global trade dynamics that’s anything but benign. Trump’s new

Pullback in Pound Sterling (GBP) could extend but is unlikely to threaten 1.3450 (there is another support level at 1.3490). In the longer run, upward momentum has largely faded; GBP is expected to trade in a range of 1.3450/1.3590, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. GBP is

The Nikkei Index rallied 3.5%on Wednesday following Japan's trade deal with the US.Japanese imports will be subject to 15% tariffs, down from the 25% levies announced on July 7.Automakers have been the best performers with shares of Mazda jumping nearly 18% in one day. The Nikkei Index was the stron

Gold remains supported as US-EU trade talks near August 1 deadline and tariff threats persist.The US Dollar faces additional pressure due to rising concerns over Fed independence.XAU/USD bulls fail to clear $3,400, consolidation persists after minor pullback. Gold (XAU/USD) is edging lower after a s

Beth Hammack of the Federal Reserve Bank of Cleveland depicted a fundamentally robust economy, despite inflation persistently surpassing the Fed's target. Key QuotesI see an economy that’s really healthy.Inflation has made progress toward the Fed’s target but is still too high.Goes into every Fed me