Comments from U.S. Commerce Secretary Howard Lutnick during a CBS interview shed light on the strategic intent behind former President Donald Trump's proposed tariffs. Lutnick characterized the move as a negotiation tactic, stating, “Let the...
The USD/CAD pair remains poised for potential upside amid heightened political uncertainty and shifting macroeconomic dynamics. Former Bank of England Governor Mark Carney’s call for a snap Canadian election on April 28 has added a layer of...
The currency pair appears to be forming a bearish Broadening Formation pattern; however, recent technical developments suggest that bulls may still have the upper hand in the near term. The pair broke above the 20-day Simple Moving Average (SMA) and...
Let’s take a closer look at the D1 timeframe chart for the EURUSD currency pair. Most of April has gone by, and buyers are taking charge in the market. The wave pattern is still developing in an upward trend, and the MACD indicator is climbing in...
Japanese just came out of gates on Monday. At the European meeting, USD/JPY is traded at 141.00, which is 0.79%. Previously, Yen strengthened to 140.47, its strongest level since September 2024. The US dollar retreats when Trump is pushing against...
