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EUR/JPY weakens as the Japanese Yen gains strength, driven by investor demand for safe-haven assets amid escalating global trade tensions.US Treasury Secretary Scott Bessent noted that formal trade negotiations with Japan have yet to commence.Japanese Finance Minister Katsunobu Kato criticized US ta

People's Bank of China (PBOC) Governor Pan Gongsheng said on Thursday, “there are no winners in trade wars and tariff wars.” Additional quotesUnilateralism and protectionism have no way out and are not in the interests of anyone.China will adhere to opening up.China firmly supports free trade rules

EUR/GBP trades near the 0.8600 zone, easing slightly after the European session.Despite today's dip, the broader structure remains bullish with supportive moving averages.Support is seen at 0.8550 and 0.8526, while resistance lies at 0.8564 and 0.8591. The EURGBP pair eased slightly on Wednesday, sl

Trend Watch: Forex Trump Walks Back Powell Attacks: “No Intention to Fire the Fed Chair In a surprising reversal, President Donald Trump said Tuesday he has "no intention of firing" Federal Reserve Chair Jerome Powell — just days after unleashing a string of public attacks criticizing Po

EU mid-market update: Strong safe haven flows see gold pass $3.5K as US dollar status is questioned; Equities seen drifting sideways to lower until trade dispute resolved Notes/observations - Europe returns from extended Easter weekend and turns red, following weak US session on Monday. FTSE outlier

Havens favoured as trade risks simmer This week's report dives into what looks set to influence the fair value of the major currencies – think the New Zealand Dollar (NZD), Australian Dollar (AUD), Japanese Yen (JPY), Swiss Franc (CHF), Euro (EUR), British Pound (GBP), Canadian Dollar (CAD), and US

A few pieces of good news helped calm investors’ nerves before the Easter break. First, Donald Trump said yesterday that the US and Japan made ‘big progress’ in trade negotiations. He also said that there could be a deal with the EU, even though I’m reading that the EU is preparing export restrictio

In this technical blog, we will look at the past performance of the Daily Elliott Wave Charts of the XAGUSD. The rally from the August 2022 low showed a higher high sequence & provided a swing buying opportunity at the blue box area. In this case, the pullback managed to reach the blue box area

Gold prices have soared to unprecedented levels, driven by escalating trade tensions between the U.S. and China, which have unsettled global financial markets. The precious metal, traditionally a safe-haven asset, is experiencing heightened demand as investors seek refuge from market volatility and

EUR/USD trades back and forth around 1.1350 as investors gauge clarity on Trump’s tariff policy.Fed Waller backs interest rate cuts due to escalating US recession risks.The ECB is widely anticipated to cut interest rates by 25 bps on Thursday. EUR/USD demonstrates a sideways trend near 1.1350 during