Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the US is facing rising debt funding costs…

NZD/JPY trades near the 85.70 zone with minor gains on Friday.The pair maintains a bearish outlook despite mixed technical signals.Key support is clustered below 85.60, with resistance…

Mexican Peso appreciates as USD/MXN dips to 19.47 after disappointing US sentiment data.Banxico cuts benchmark rate by 50 bps, but Peso holds firm as US data dents…

The Dow Jones rose slightly on Friday, clipping into fresh weekly highs.Equity markets shrugged off a worse-than-expected print from the UoM Consumer Sentiment Index.Investors are hoping that…

USD/CHF trades near a critical resistance zone as markets assess ongoing tariff uncertainty and soft US economic data.US consumer sentiment weakened in early May, raising concerns about…

EUR/USD trades near the 1.1100 zone with minor losses on Friday.The pair maintains a bearish outlook, supported by mixed technical signals.Key support is clustered below 1.1150, with…

The resilience of the US economy in recent years was interpreted by many investors as a demonstration of US ‘exceptionalism’, Rabobank’s FX analyst Jane Foley notes. Greenback’s…

XAU/USD trades near $3,180, on track for a weekly loss of over 4%.Easing trade tensions and a stable geopolitical landscape reduce demand for the bullion.Price has fallen…