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EUR/USD is holding steady around 1.03 – Danske Bank
EUR/USD has dropped toward 1.03 following another tariff headline over the weekend, with Trump announcing that he will impose 25% tariffs on US imports of steel and aluminum - primarily impacting Canada, Mexico, Brazil, and China, Danske Bank's FX analysts report.
Fxstreet
Feb 11, 2025
Pound Sterling faces pressure as BoE Mann guides dovish monetary policy outlook
The Pound Sterling is under pressure on Tuesday as BoE official Catherine Mann is concerned over weak demand and guides cracks in the labor market. US President Trump imposes 25% tariffs on steel and aluminum and is poised to announce reciprocal tariffs. Investors await BoE Bailey and Fed Powell’s s
Fxstreet
Feb 11, 2025
NZD/USD Price Forecast: Finds immediate barrier at nine-day EMA near 0.5650
NZD/USD tests the immediate resistance at a nine-day EMA of 0.5654. The 14-day RSI is positioned below the 50 level, suggesting a bearish bias is active. A successful break below 0.5650 could lead the pair to approach the rectangle’s lower boundary at the 0.5550 level.
Fxstreet
Feb 11, 2025
EUR/USD Price Forecast: Bearish outlook remains intact near 1.0300
EUR/USD remains weak near 1.0305 in Tuesday’s early European session. The pair keeps the negative outlook below the 100-day EMA with a bearish RSI indicator. The initial support emerges at 1.0250; the first upside barrier is located at 1.0406.Fxstreet
Feb 11, 2025
USD/CAD holds gains near 1.4350 amid escalating trade tensions
USD/CAD strengthened due to rising trade war tensions as Trump expanded tariffs on steel and aluminum imports. President Trump raised import duty on steel and aluminum imports to a flat 25% without exceptions or exemptions. Canada’s Industry Minister condemned the tariffs as “totally unjustified” an
Fxstreet
Feb 11, 2025
USD/INR gains ground on tariff woes
The Indian Rupee edges lower in Tuesday’s Asian session. Trade tariff worries, sustained foreign outflows, and concerns on an Indian economic slowdown weigh on the INR. Investors await Fed Chair Jerome Powell’s semi-annual testimony on Tuesday.Fxstreet
Feb 11, 2025
Japanese Yen bulls seem non-committed amid worries about Trump’s new tariffs
The Japanese Yen edges higher as Trump’s new tariffs boost demand for safe-haven assets. Bets that the BoJ will hike rates further turn out to be another factor underpinning the JPY. Expectations that the Fed could delay rate cuts benefit the USD and lend support to USD/JPY.
Fxstreet
Feb 11, 2025
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