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USD/CAD rises as investors adopt a cautious stance ahead of the Fed interest rate decision.US Treasury Secretary Bessent and Trade Representative Greer are set to meet with Chinese Vice Premier He Lifeng in Geneva.Risk sentiment improved following a joint press conference between Canadian PM Mark Carney and US President Donald Trump.USD/CAD is recovering its losses registered in the previous session, trading around 1.3790 during the Asian hours on Wednesday. The US Dollar (USD) is gaining strength as investors adopt a cautious stance ahead of the Federal Reserve’s (Fed) interest rate decision due later in the North American session.While the Fed…

EUR/USD found mild technical support from 1.1300 on Tuesday.Wednesday’s key Fed rate call looms large ahead in the midweek.Fed expected to maintain rates, but markets hoping for Fedspeak pivot.EUR/USD muddled through Tuesday’s market action, marking out a fresh near-term consolidation range near the 1.1300 major handle as Fiber traders wait for a reason to move. The Federal Reserve’s (Fed) midweek rate call is the key data event this week, keeping investor sentiment chained to its post for the time being.The Fed’s upcoming rate decision on Wednesday remains the primary focus for markets this week. While many expect the Fed to…

EUR/USD trades around the 1.1300 zone after modest gains in Tuesday’s post-European session.Bullish structure holds, though short-term indicators point to mixed momentum.Key support levels cluster just below, while trend-based indicators continue to favor buyers.The EUR/USD pair moved slightly higher on Tuesday, trading near the 1.1300 zone after the European session as buyers remained in control despite a lack of strong momentum. The pair sits mid-range within today’s movement and is holding above key trend indicators, maintaining a bullish posture even as intraday signals suggest temporary indecision.Technically, EUR/USD is flashing a bullish overall bias. The Moving Average Convergence Divergence currently prints…

The US Dollar Index edges lower, while the daily range gets tighter. Traders are digesting the spillover risk from the Taiwan Dollar surge on Monday.The US Dollar Index remains capped below 100.00, still stuck in a wait-and-see range.The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is tilted to the downside, meanwhile remaining stuck in a very tight range on Tuesday. Market participants are assessing the recent sharp move in the Taiwan Dollar (TWD), which appreciated by more than 5% against the Greenback on Monday before retreating somewhat on Tuesday. Markets are…

Indian rupee symbol with business chart. 3d illustration istock photo for BL | Photo Credit: Rasi Bhadramani The rupee settled for the day 15 paise lower at 84.45 (provisional) against the US dollar on Tuesday, amid growing uncertainty and a cautious recalibration of risk appetite. According to forex traders, the USD/INR pair was supported by an overall decline in crude oil prices and sustained foreign fund inflows, while ongoing geopolitical tensions between India and Pakistan weighed on investor sentiments, keeping the rupee on edge. At the interbank foreign exchange, the domestic unit opened at 84.28 and moved between an intra-day…

The Indian rupee slipped on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader weakness in the greenback limited the decline. The rupee closed at 84.4325 against the U.S. dollar, down 0.2% on the day. The offshore Chinese yuan retreated from a near six-month high hit on Monday on signs that the country’s central bank may be unwilling to allow rapid appreciation amid sharp rallies seen in other Asian currencies – most prominently, the Taiwanese dollar.The dollar index was down 0.1% at 99.7 while India’s benchmark equity indexes, the BSE Sensex and Nifty 50…

The USD/CAD outlook shows renewed tariff uncertainty in the US, dragging the dollar lower.  The greenback rebounded last week after Trump said there was significant progress in trade talks. Business activity in the US services sector expanded further. The USD/CAD outlook shows renewed tariff uncertainty in the US, dragging the dollar lower. The greenback fell against its peers on Monday after Trump announced new film tariffs. Meanwhile, market participants were gearing up for the FOMC policy meeting. -Are you looking for forex robots? Check our detailed guide-  On Sunday, Trump announced a 100% tariff on all films made outside the…

European Union (EU) Trade Commissioner Maros Sefcovic said on Tuesday that they have “proposed 0 for 0 tariffs on industrial goods.”Key takeawaysAccelerating trade talks with India among others.Another €170B US-exports may be impacted by tariffs.Ready to use all available tools in trade defence.Market reactionEUR/USD is building on its upbeat momentum following these comments and was last seen adding 0.27% on the day at 1.1344. Source

Silver price rose as US President Donald Trump’s latest tariff threat boosted demand for safe-haven assets.President Trump also plans to introduce pharmaceutical tariffs within the next two weeks.The Federal Reserve is widely expected to leave interest rates unchanged on Wednesday.Silver price (XAG/USD) extends its gains for the second successive session, trading around $33.10 per troy ounce during the Asian hours on Tuesday. The prices of the precious metals, including Silver, rose as President Donald Trump’s new tariff threat spurred demand for safe-haven assets.President Trump announced plans to direct the US Trade Representative and the Commerce Department to begin imposing a…

EUR/USD stuck to familiar territory near 1.1300 on Monday.A key Fed rate call looms ahead during the midweek market sessions.European data takes a back seat this week as investors focus on rate cut hopes.EUR/USD churned chart paper near the familiar 1.1300 handle to kick off a fresh trading week. The Fiber has been stuck in a choppy consolidation phase as Euro traders struggle to kick off a new push in either direction.European data remains limited this week: final Purchasing Managers Index (PMI) data due this week is unlikely to produce any surprises, and pan-European Retail Sales figures due early Wednesday…