Author: FX

The Australian Dollar advanced after Trump exempted key technology products — including some from China — from his new “reciprocal” tariffs.RBA Meeting Minutes indicated uncertainty over the timing of the next interest rate move.The US Dollar is trying to steady as investors weigh rising stagflation concerns.The Australian Dollar (AUD) strengthens for a fifth straight session against the US Dollar (USD) on Tuesday. The AUD/USD pair continued to gain momentum after US President Donald Trump exempted key technology products from his new “reciprocal” tariffs, lifting global risk sentiment.The exemptions cover items largely produced in China—such as smartphones, computers, semiconductors, solar cells,…

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AUD/USD has staged an impressive recovery following the sharp drop triggered by the U.S. Liberation Day tariffs! The pair is now testing a resistance level that has defined the price ceiling for most of 2025. Will we see a bullish breakout in the next few days? AUD/USD Daily Forex Chart by TradingView Recent commodity price strength has helped boost the Aussie, with iron ore and base metals seeing renewed demand from a recovering Chinese manufacturing sector. Additionally, the Reserve Bank of Australia’s (RBA) decision to hold rates steady while markets anticipate potential Fed cuts has created a favorable interest rate…

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Will this week’s U.K. CPI report support a BOE rate cut? Our Event Guide for the U.K. CPI release suggests that upside surprises in the U.K.’s inflation numbers would point to a higher-for-longer interest rate environment, which could increase the demand for the British pound. If the U.K.’s CPI numbers come in hot, GBP/USD and GBP/CAD could draw in bullish pressure. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

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Another dip in headline and core U.K. inflation is eyed for March, possibly reviving dovish BOE expectations. Our Event Guide for the U.K. CPI release points out that the manufacturing and housing sectors reported dips in price pressures for the month and that higher U.S. tariffs aren’t expected to affect the economy so much. Here’s what I’m watching on GBP/CAD and GBP/JPY in this scenario. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to…

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BOC’s next move is too close to call, setting up a potential CAD whipsaw either way. With markets split and positioning light, this event could trigger some of the biggest intraday swings in CAD pairs this year. Here are points you need to know if you’re trading BOC’s April policy decision! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

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Rising inflation expectations stemming from higher U.S. tariffs appear to be a major market theme these days, so will the U.K. CPI report reflect higher cost pressures already? And if so, how will the numbers impact BOE policy and sterling trends? Here’s what to expect for the March U.K. CPI release. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Unlimited Access access to MarketMilk™ Plus More! Source link

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Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted during the early Tuesday market session that the Fed still has a long way to go to hit its 2% inflation mandate, complicating market expectations for further rate cuts.Key highlightsVariety of potential results has increased.Boundaries of what I thought could be possible have been exceeded.Labor market is maintaining full employment.We still have a ways to go on inflation.Still have a long way to reach 2% inflation mandate.The Fed is unable to make bold moves in any direction.There is a thick fog ahead, the economy is on a big pause.Businesses, households…

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It was a relatively quiet day in the markets with only Canadian wholesale trade data on the economic calendar. However, tariffs remained front and center in market discussions.Last week, the Trump administration raised tariffs on Chinese goods to 145%, prompting swift retaliation from Beijing. At the same time, the U.S. delayed tariffs on several other countries by 90 days—though earlier tariffs remain in effect. Then, in a late-Friday development, the administration said electronics would be excluded from the broader “reciprocal tariffs,” offering a boost to tech names like Apple.But that relief was short-lived. By Sunday, Commerce Secretary Lutnick clarified that…

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