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EUR/CAD rallies above 1.4800 as US Trump threatens higher tariffs on Canada
The EUR/CAD pair soars to near 1.4830 in European trading hours on Tuesday.
Tue, Nov 26
Bitcoin Price Forecast: BTC drops below $93,000 due to leverage overheating and profit-taking
Bitcoin (BTC) continues to trade in the red, dropping below $93,000 on Tuesday after declining almost 5% the previous day.
Tue, Nov 26
Silver Price Forecast: XAU/USD sees downside below $30.00 as its safe-haven demand diminishes
Silver price (XAG/USD) rebounds after discovering a temporary support near the psychological support of $30.00.
Tue, Nov 26
Gold price finds decent support near $2,600 and rebounds from one-week low
Gold price attracts some haven flows near $2,600 after Trump’s tariff threats.
Tue, Nov 26
EUR/USD trades near 1.0500 with bearish bias due to risk-off mood
EUR/USD pares its daily losses, trading around 1.0490 during the Asian hours on Tuesday.
Tue, Nov 26
Silver Price Forecast: XAG/USD remains below $30.50 after paring losses
Silver price (XAG/USD) hovers around $30.40 per troy ounce during the Asian trading hours on Tuesday, following a nearly 3% drop in the previous session.
Tue, Nov 26
Japanese Yen draws support from softer risk tone; bulls seem non-committed
The Japanese Yen (JPY) edges higher against its American counterpart during the Asian session on Tuesday, albeit lacking bullish conviction and remains confined in a familiar range held over the past week or so.
Tue, Nov 26
China’s Embassy in Washington: No one will win a trade war
After US President-elect Donald Trump’s threat to impose additional 10% tariffs on all Chinese goods, China’s Embassy in Washington responded by saying that “no one will win a trade war or a tariff war.”
Tue, Nov 26
Australian Dollar depreciates due to risk aversion following Trump’s tariff decision
The Australian Dollar (AUD) continues to weaken against the US Dollar (USD) on Tuesday, driven by dampened market sentiment following President-elect Donald Trump's announcement of a 10% increase in tariffs on all Chinese goods entering the United States (US).
Tue, Nov 26
Trump vows 25% tariffs on Mexico and Canada, additional 10% tariffs on Chinese goods
In a post on Truth Social early Tuesday, US President-elect Donald Trump said that he would announce a 25% tariff on all products from Mexico and Canada from his first day in office and an additional 10% tariff on goods from China.
Tue, Nov 26
Gold price tumbles on Israel-Hezbollah ceasefire rumors, furious risk-on mood
Gold price (XAU/USD) plummeted during Monday’s North American session as news from a ceasefire between Lebanon and Israel crossed the wires, exacerbating appetite for riskier assets.
Tue, Nov 26
Fed’s Kashkari: It’s reasonable to consider a rate cut in December
Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that it is still appropriate to consider another interest-rate reduction at the Fed’s December meeting, per Bloomberg.
Tue, Nov 26
ECB's Nagel: Central bank must not cut interest rates too quickly
The European Central Bank (ECB) Governing Council member Joachim Nagel said that inflation that’s headed toward the ECB’s target will allow for more interest-rate cuts, but officials mustn’t rush, per Bloomberg.
Tue, Nov 26
USD/CHF Price Prediction: Pulling back within an uptrend
USD/CHF is pulling back within an established short and medium-term uptrend.
Mon, Nov 25
Crude Oil retreats slightly at start of Thanksgiving week as focus shifts to OPEC+ meeting
Crude Oil takes a step back on Monday, trading at around $70, after a calmer weekend on the geopolitical front and ahead of a holiday-shortened week in the US due to Thanksgiving.
Mon, Nov 25
DXY: Risk of technical retracement lower – OCBC
The US Dollar (USD) started the week on a softer footing as markets reacted to Trump’s pick for Treasury Secretary, Scott Bessent.
Mon, Nov 25
USD/CAD refreshes daily high on sliding Oil prices; remains below 1.4000 amid weaker USD
The USD/CAD pair attracts some dip-buying near the 1.3925 area, or a two-week low touched earlier this Monday and climbs to a fresh daily peak during the first half of the European session.
Mon, Nov 25
EUR/GBP strengthens above 0.8300 despite rising bets of aggressive ECB rate cuts
The EUR/GBP cross strengthens to near 0.8320 during the early European trading hours on Monday.
Mon, Nov 25
Forex Today: US Dollar weakens as holiday-shortened week starts
Here is what you need to know on Monday, November 25: The US Dollar (USD) Index opened with a bearish gap after closing the previous week in positive territory.
Mon, Nov 25
Gold price snaps five day winning streak; heavily offered below $2,700 mark
Retreating US bond yields prompt USD profit-taking and could help limit further losses.
Mon, Nov 25
