Currency News

The US Dollar sees earlier gains evaporate and trades flat at 99.20 in the US Dollar Index.

The Australian dollar is facing strong resistance at the 200-day EMA, signaling potential exhaustion after a sharp rally amid ongoing global trade uncertainties.

EUR/USD briefly corrects below 1.1400 as the US Dollar rebounds after Trump pushes back fears of Fed Powell’s removal and intense tariff war with China.

GBP/USD reached a seven-month peak at 1.3423, its highest level since 26 September 2024, before entering a corrective phase.

Trump's comments on China and Federal Reserve Chair Jerome Powell have temporarily boosted market sentiment.

Since the start of the year, the S&P 500 is down over 10% and nearly 20% from its January peak.

The USDJPY daily chart indicates a corrective counter-trend within a broader bullish framework.

The dollar is enjoying some support thanks to a recovery in US market sentiment.

EUR/USD trimmed gains after peaking at 1.1575, as easing trade tensions and an IMF growth warning cooled bullish momentum ahead of key PMI data.

The Pound Sterling trades lower against the US Dollar as Trump pushes back fears of Fed Powell’s removal and intensified global trade war.

Following an extended corrective phase, XRP seems to have fully concluded wave (II). It now appears to be entering wave (III), traditionally the strongest and most rapid phase within the five-wave Elliott structure.

The Japanese Yen (JPY) recovers early lost ground to a one-week trough touched against its American counterpart earlier this Wednesday and climbs to the top end of the daily range heading into the European session.

The GBP/USD pair remains weak near 1.3280 during the early Asian session on Wednesday.

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, April 22.

The Australian Dollar (AUD) trades with a modestly bullish tone on Tuesday, consolidating near the 0.6400 region during North American trading hours.

There are numerous signs that the U.S. dollar is on the cusp of a new bear market—a development that is very bullish for commodities, especially gold and silver.

Stocks rallied on Tuesday, managing to reclaim the losses from Monday.

Gold and silver rose strongly overnight, but were smacked lower in the NY-London trading sessions.

The greenback has collapsed over 10% in the last two months.

The EUR/USD outlook suggests further weakness for the dollar.

EUR/USD pushes to its highest level in over three years, fueled by persistent US dollar weakness and geopolitical uncertainty, with 1.1600 in sight.

The USD/CAD pair is showing signs of bottoming near 1.3850, with traders watching closely for a reversal amid tariff tensions and an oversold dollar.

The AUD/USD pair broke above the key 0.6400 resistance as US dollar weakness persists, with bullish momentum suggesting a potential climb toward 0.6500.

The USD/JPY pair dropped to 140.13 on Tuesday, marking yet another seven-month low.

GBP/USD rises to 1.34 on USD weakness in the sell America trade. The DAX falls as Trump attacks Powell, hitting risk sentiment.