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The Canadian dollar continues to drift but that could change with the release of Canadian and US inflation later today. In the North American session, USD/CAD is trading at 1.3687, down 0.13% on the day. Canadian, US CPI expected to have accelerated in June It promises to be an interesting day as bo

The US Dollar Index may gain ground due to increased safe-haven demand. Trump has warned to impose “very severe” tariffs on Russia if no peace deal is made within 50 days.Trump confirmed that European allies have agreed to buy American-made weapons for Ukraine to help counter Russian attacks. The US

AUD/JPY maintains its position as traders expect the RBA to maintain the current interest rates in August.The upside of the AUD/JPY cross may be capped amid subdued market sentiment stemming from renewed tariff concerns.Japan’s Liberal Democratic Party and Komeito could struggle to secure enough sea

US Dollar wallows near 3-year lows as bearish bets gather pace. Fed rate cut expectations and economic worries weigh. Trade and Trump-related uncertainty casts a shadow over the outlook. But is the gloom overdone? Worst start to year in half a century The US dollar index (DXY) just had its worst fir

USD/CHF struggles to build on Monday’s positive move to a one-week top.Tariff jitters weigh on investors’ sentiment and benefit the safe-haven CHF.The emergence of fresh USD selling further exerts pressure on spot prices. The USD/CHF pair attracts fresh sellers during the Asian session on Tuesday an

EUR/GBP softens to near 0.8580 in Wednesday’s early European session.The positive view of the cross prevails above the key 100-day EMA with the bullish RSI indicator. The first upside barrier emerges in the 0.8595-0.8600 region; the initial support level to watch is 0.8516. The EUR/GBP cross loses t

The Dollar reaches fresh 3,1/2- year lows below 96.00. Renewed tariff concerns and US fiscal woes are weighing heavily on the US Dollar.Upbeat Eurozone manufacturing and German unemployment figures have boosted the Euro, adding pressure on the USD. The US Dollar remains on the back foot on Tuesday,