Trump Administration to Begin Refunding $166 Billion in Tariffs
The Trump administration has announced plans to refund $166 billion collected from tariffs. This move signals a significant policy shift impacting trade and economic relations.
XAU/USD: Gold Price Drops on Renewed Geopolitical Tensions and Stronger Dollar
Gold opened with gap-lower on Monday, hitting levels around $150 lower from Friday's high, as sentiment changed again on escalation over the weekend that resulted in closure of Hormuz strait.
NZD/USD Eyes CPI as RBNZ Assess Pre-Shock Inflation Pressures
New Zealand inflation data will be a major focus in the upcoming Asian session. Q1 CPI may show modest cooling, but the real question is whether inflation was already sticky before the oil shock hit.
ECB's Rehn Says Starting Point Reasonably Balanced with No Set Rate Path
European Central Bank's Rehn states that the ECB's current position is reasonably balanced and emphasizes that there is no predetermined path for interest rates. This suggests a flexible approach to future monetary policy decisions.
EUR/USD forecast: Tensions re-escalate ahead of ceasefire deadline | Currency Pair of the Week
Well, that didn't last long, did it? The much-talked-about “reopening” of the Strait of Hormuz barely made it through a day before Friday's tensions came straight back into play.
NZD/USD edges lower as US-Iran tensions boost Dollar ahead of NZ CPI, US Retail Sales
NZD/USD edges lower as US-Iran tensions boost Dollar ahead of NZ CPI, US Retail Sales
USD/CHF Price Forecast: US Dollar bulls remain capped below 0.7845
USD/CHF Price Forecast: US Dollar bulls remain capped below 0.7845
USD/JPY: Credibility risks lift upside scope – OCBC
USD/JPY: Credibility risks lift upside scope – OCBC
US Dollar Price Forecast: DXY Sinks Toward $98.10 – Can GBP/USD and EUR/USD Bulls Charge?
The US Dollar Index (DXY) sinks toward $98.10 as President Trump's optimism over a US-Iran peace deal cools safe-haven demand. Discover the next technical targets for EUR/USD and GBP/USD.
Chinese President Expresses Readiness to Strengthen Cooperation with Saudi Crown Prince
The Chinese President has conveyed to the Saudi Crown Prince a willingness to enhance practical cooperation between China and Saudi Arabia, signaling a potential boost in bilateral relations and collaborative projects. This development may influence economic and strategic partnerships between the two nations.