
FxWirePro: USD/CNY hits 19-month high amid trade war escalation
Apr 09, 2025 08:30 am UTC| Technicals
USD/CNY surged to a nineteen month high on Wednesday as Chinas yuan dipped as investors fretted about an intensifying Sino-U.S. trade war. Trumps reciprocal tariffs, including a 104% duty on Chinese goods, took effect...

FxWirePro: USD/ JPY extends drop, faces 23.6%fib support
Apr 09, 2025 07:00 am UTC| Technicals
USD/JPY declined on Wednesday as the Japanese yen strengthened amid U.S. tariff implementation and global risk aversion. Trumps decision to impose broad tariffs globally, including on Japan, has complicated the BOJs...

FxWirePro: NZD/USD weakens after RBNZ cuts benchmark rate
Apr 09, 2025 05:55 am UTC| Technicals
NZD/USD initially gained on Wednesday but gave up ground as investors digested RBNZ interest rate decision . New Zealands central bank cut its benchmark interest rate on Wednesday, as expected, signaling a greater...

FxWirePro: AUD/USD edges higher, but bearish sentiment persists
Apr 09, 2025 05:33 am UTC| Technicals
AUD/USD edged higher from their recent lows on Wednesday as U.S. dollar weakened on growing concerns over a potential U.S. recession. President Donald Trumps harsh tariffs have shaken global financial markets this...

FxWirePro: EUR/NZD bulls reclaim momentum in bid for 2.0000 level
Apr 09, 2025 00:08 am UTC| Technicals
EUR/NZD strengthened on Tuesday as the pair attracted buyers after reports showed that German political parties had agreed to form a coalition. Germanys conservatives, led by chancellor-in-waiting Friedrich Merz,...

FxWirePro: EUR/AUD bulls gear up for a charge at key fibo supply
Apr 08, 2025 23:57 pm UTC| Technicals
The EUR/AUD strengthened as euro attracted buyers following reports that German political parties had agreed to form a coalition.. Germanys conservatives, led by chancellor-in-waiting Friedrich Merz, reached a deal...