Show more
Current news is English only but we will be adding multilingual news - check back soon.
Silver Price Forecast: XAG/USD struggles around $32.40 while global trade war intensifies
Silver Price Forecast: XAG/USD struggles around $32.40 while global trade war intensifies
Silver price (XAG/USD) struggles to extend its upside above the key resistance of $32.40 in Wednesday’s North American session.
Silver
XAGUSD
Fed
DollarIndex
TradeWar
BoE’s Greene: Appropriate to maintain cautious approach to removing monetary restrictiveness
BoE’s Greene: Appropriate to maintain cautious approach to removing monetary restrictiveness
While testifying before the U Treasury Select Committee on Wednesday, Bank of England (BoE) policymaker Megan Greene said it is appropriate to maintain a cautious and gradual approach to removing monetary restrictiveness, as reported by Reuters.
BOE
CentralBanks
US Supreme Court rejects Trump on USAID freeze
US Supreme Court rejects Trump on USAID freeze
The Supreme Court pushes back against Trump
Politics
OPEC production rose 170K in February
OPEC production rose 170K in February
Reuters' secondary sources survey
AUD/USD struggles to perform despite sheer weakness in US Dollar
AUD/USD struggles to perform despite sheer weakness in US Dollar
The AUD/USD pair is slightly higher to near 0.6280 in North American trading hours on Wednesday.
AUDUSD
Fed
RBA
TradeWar
Employment
US Commerce Secretary Lutnick: We expect rates to come down if we balance the budget
US Commerce Secretary Lutnick: We expect rates to come down if we balance the budget
In an interview with Bloomberg TV on Wednesday, US Commerce Secretary Howard Lutnick said that they will make an announcement on Canada and Mexico tariffs later in the day, adding that they will be "in the middle somewhere." Key takeaways "If Canada can stop fentanyl, US President Donald Trump is open-minded." "Trump is thinking about what sectors he can maybe consider giving Canada relief." "Trump will make the decision.
UnitedStates
Politics
InterestRate
ADP February US employment +77K vs +140K expected
ADP February US employment +77K vs +140K expected
Results of the private payrolls survey for February 2025
GBP pulled through 200-day MA by softer USD tone – Scotiabank
GBP pulled through 200-day MA by softer USD tone – Scotiabank
Pound Sterling (GBP) is enjoying the ride provided by the generally softer USD and the additional tow from the EUR lifting its European peers, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBPUSD
Technical Analysis
Banks
EUR jumps on the day – Scotiabank
EUR jumps on the day – Scotiabank
The EUR advance has extended today as Germany’s fiscal reset promises massive spending increases on defence and infrastructure, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Technical Analysis
Banks
CAD holds range on the day – Scotiabank
CAD holds range on the day – Scotiabank
So, the 25% tariff regime might have had a very short shelf life after all and we might be looking at low double digit border tariffs now, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Technical Analysis
Banks
USD trades broadly lower – Scotiabank
USD trades broadly lower – Scotiabank
After Tariffs Tuesday, we’ve arrived at Walkback Wednesday, it would seem.
DollarIndex
Technical Analysis
Banks
ForexLive European FX news wrap: Euro stays upbeat as dollar slumps, DAX rebounds strongly
ForexLive European FX news wrap: Euro stays upbeat as dollar slumps, DAX rebounds strongly
Forex news from the European morning session on Mar 5, 2025
Session wrap
Wrap Europe
US Dollar sees upbeat Services ISM report come a little too late
US Dollar sees upbeat Services ISM report come a little too late
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is unable to recover this Wednesday with again deepened out losses in already turbulent week for the DXY. The downward move comes as
DollarIndex
Macroeconomics
UnitedStates
SEO
TradeWar
US MBA mortgage applications w.e. 28 February +20.4% vs -1.2% prior
US MBA mortgage applications w.e. 28 February +20.4% vs -1.2% prior
Latest data from the Mortgage Bankers Association for the week ending 28 February 2025
NZD/USD gains to near 0.5680 as US Dollar continues to underperform
NZD/USD gains to near 0.5680 as US Dollar continues to underperform
The NZD/USD pair recovers its intraday losses and turns positive in European trading hours on Wednesday.
NZDUSD
Fed
RBNZ
Employment
China
China president Xi continues to push the goal of common prosperity
China president Xi continues to push the goal of common prosperity
The Chinese state radio with a remark by Xi on the sidelines of the National People's Congress
China: Domestic demand prioritised to offset tariffs – Standard Chartered
China: Domestic demand prioritised to offset tariffs – Standard Chartered
NPC set targets for growth at 5%, inflation 2%, official budget deficit 4% of GDP, largely as we expected.
China
Technical Analysis
Banks
Gold softer after Secretary Lutnick reiterates Trump could cancel tariffs
Gold softer after Secretary Lutnick reiterates Trump could cancel tariffs
Gold’s price (XAU/USD) eases again, though less severe after earlier losses in the Asian trading session and trades around $2,920 at the time of writing on Wednesday. With tariffs still in place and several more tariffs to come for Europe and other
Gold
Commodities
UnitedStates
SEO
TradeWar
Venezuelan oil supply at risk – ING
Venezuelan oil supply at risk – ING
The oil market came under pressure again yesterday, with ICE Brent settling a little more than 0.8% lower.
Oil
Technical Analysis
Banks
USD/CNH: China's 2025 fiscal deficit target is highest in over three decades – BBH
USD/CNH: China's 2025 fiscal deficit target is highest in over three decades – BBH
USD/CNH is consolidating near recent lows around 7.2600. China boosts fiscal spending.
USDCNH
Technical Analysis
Banks
Pound Sterling strengthens against US Dollar as US ADP Employment misses estimates
Pound Sterling strengthens against US Dollar as US ADP Employment misses estimates
The Pound Sterling (GBP) jumps to near 1.2850 against the US Dollar (USD) in North American trading hours on Wednesday, the highest level seen since November 12.
GBPUSD
Fed
BOE
TradeWar
SEO
USD/CNH: Decline is likely part of a lower range of 7.2400/7.2800 – UOB Group
USD/CNH: Decline is likely part of a lower range of 7.2400/7.2800 – UOB Group
Further US Dollar (USD) weakness vs Chinese Yuan (CNH) is not ruled out, but any decline is likely part of a lower range of 7.2400/7.2800.
USDCNH
Technical Analysis
Banks
NZD/USD: Orr resigns from his position in the RBNZ – BBH
NZD/USD: Orr resigns from his position in the RBNZ – BBH
RBNZ Governor Adrian Orr unexpectedly resigned, BBH's FX analysts report.
NZDUSD
Technical Analysis
Banks
RBNZ
USD/JPY: To trade between 148.80 and 150.70 – UOB Group
USD/JPY: To trade between 148.80 and 150.70 – UOB Group
Outlook is unclear; US Dollar (USD) could trade between 148.80 and 150.70 vs Japanese Yen (JPY).
USDJPY
Technical Analysis
Banks
AUD/USD: RBA projects growth to return to its trend rate of 2% over 2025 – BBH
AUD/USD: RBA projects growth to return to its trend rate of 2% over 2025 – BBH
AUD/USD is firmer on US Dollar (USD) weakness, BBH's FX analysts report.
AUDUSD
RBA
Banks
Eurozone January PPI +0.8% vs +0.5% m/m expected
Eurozone January PPI +0.8% vs +0.5% m/m expected
Latest data released by Eurostat - 5 March 2025
NZD/USD: A slim chance of NZD reaching 0.5565 – UOB Group
NZD/USD: A slim chance of NZD reaching 0.5565 – UOB Group
New Zealand Dollar (NZD) is expected to trade in a higher range of 0.5625/0.5670 vs US Dollar (USD).
NZDUSD
Technical Analysis
Banks
China NPC: Work report delivers on key market expectations – UOB Group
China NPC: Work report delivers on key market expectations – UOB Group
The third annual session of the 14th National People's Congress (NPC) is held in Beijing on 5-11 Mar.
China
GDP
Banks
USD: The prospect of the US withdrawing its security umbrella from Europe is a crisis – ING
USD: The prospect of the US withdrawing its security umbrella from Europe is a crisis – ING
The trade-weighted Dollar Index (DXY) broke decisively under 106 yesterday as European currencies rallied on the prospects of major fiscal stimulus.
DollarIndex
Technical Analysis
Banks
WTI slumps to near $67.50 as Trump tariffs weigh on global Oil demand outlook
WTI slumps to near $67.50 as Trump tariffs weigh on global Oil demand outlook
West Texas Intermediate (WTI), futures on NYMEX, falls sharply to near $67.50 in Wednesday’s European session.
Oil
WTI
TradeWar
UnitedStates
OPEC
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
Silver
Commodities
Metals