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USD/CAD may regain its ground amid rising tariff uncertainty between the United States (US) and Canada.Canadian Prime Minister Mark Carney stated that trade negotiations between the two countries have entered an intense phase.The Fed is widely expected to keep the benchmark interest rate steady betw

Euro (EUR) consolidated overnight after 4 days of rally. Pause comes as markets re-evaluate prospects of trade deals. EU believe a trade deal with US is within reach ahead of 1 August deadline. Pair was last seen at 1.1740 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note. EUR’s ru

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Summary If foreign exporters were absorbing the cost of tariffs, U.S. import prices would be declining in proportion to the rise in the tariff rate. Yet, nonfuel import prices, which exclude the cost of tariffs, rose 1.2% year-over-year in June. The dollar's slide has likely incentivized foreign sup

GBP/USD caught a volatile step higher on Wednesday, snapping an eight-day losing streak.Renewed political angst over Trump targeting Fed Chair Powell has waylaid the Greenback.US PPI inflation eased in June, cooling off inflation fears. GBP/USD saw renewed gains on Wednesday, snapping an eight-sessi

GBP/USD has slipped below key technical levels, breaking an ascending trend line and falling under its 50-day moving average, signaling fading bullish momentum. With the daily MACD turning negative, a failure to reclaim 1.3500 could open the way for a deeper slide toward 1.3250 and even the May low

The US Dollar maintains its bullish trend intact, but price action has stalled below 147.50.Investors might be starting to worry about the impact of Trump's tariffs on US economy.Later this week, US and Japan's inflation readings are likely to set the pair's near-term direction. The US Dollar is tri