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The situation surrounding the Turkish lira is, once again, deteriorating, Commerzbank's FX analyst Tatha Ghose notes. USD/TRY to drift up steadily over the coming quarters "After political turmoil broke out in March and the currency depreciated, the central bank (CBT) raised rates twice, and it had

In financial markets, logic alone does not move money — conviction does.Investors and traders operate in an environment saturated with information: economic data,earnings reports, technical indicators, breaking headlines, sentiment trackers, and now, AI- generated signals. But amidst all this noise,

“China is willing to work with other countries to uphold international trade rules,” the country’s President Xi Jinping said on Thursday. He further noted that “there are no winners in tariffs and trade wars.” Related news Gold Price Forecast: XAU/USD looks to $3,400 and beyond on renewed trade jitt

The euro rallied in tandem with all G10 currencies, suggesting that last week we saw more of a "sell the dollar" than "buy the euro" market move. Since "Liberation Day", the euro has, however, been the best performing major currency in the world, save the Swiss franc, suggesting that Eurozone market

AUD/JPY weakens as ongoing trade-related uncertainties and geopolitical tensions continue to drive demand for the safe-haven Japanese Yen.Support for the JPY is further reinforced by growing expectations that the BoJ will raise interest rates again in 2025.The Australian Dollar finds some support as

In focus today Today will be light on the macro front, with markets continuing to closely watch trade uncertainty and any signals from Trump. In the euro area, focus turns to the consumer confidence indicator for April. Consumer confidence has declined in the past months following a great rebound la

Markets continue to assess the news. Gold continues to SURGE – now trading in another new CENTURY. Oil steady, bonds up (yields down). Retail Sales will be the headline this morning. Try the Greek Style Leg of Lamb for Easter. And the volatility continues….stocks slipped yesterday….The Dow down 155

Asian stocks are setting up for a cautious open after yet another Washington curveball — this time, fresh tariff plans targeting semiconductor and pharmaceutical imports — dragged US futures lower in after-hours trade. You know the drill: one step forward, two steps back, then a whiplash pivot into

US Dollar (USD) is likely to trade in a 142.30/144.30 range vs Japanese Yen (JPY). In the longer run, USD could continue to decline, but given the deeply oversold conditions, it remains to be seen if 139.55 is within reach, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. USD can continue