
FxWirePro:GBP/NZD edges lower, likely to remain under pressure
Jan 22, 2025 22:15 pm UTC| Technicals
GBP/NZD eased on Wednesday as expectations of further monetary policy easing kept bearish pressure on sterling Markets seem to overlook new tariff threats from U.S. President Donald Trump, who vowed to impose tariffs...

FxWirePro: USD/MXN bears need a close under a key level to tighten grip
Jan 22, 2025 20:16 pm UTC| Technicals
USD/MXN declined on Wednesday as peso strengthened amid optimism over potential shifts in U.S. trade policies and Mexicos strong economic fundamentals. Investors are focused on how the Trump administration will fulfill...

FxWirePro: USD/CAD steadies above 1.4370, retains bid tone
Jan 22, 2025 16:13 pm UTC| Technicals
USD/CAD steadied around 1.4370 on Wednesday as investors awaited clear details on U.S. President Donald Trumps tariff plans. Trump said late Tuesday that his administration is considering a 10% tariff on Chinese...

FxWirePro: USD/ZAR drops below 18.500 level as traders assess Trump's tariff plans
Jan 22, 2025 14:24 pm UTC| Technicals
USD/ZAR dipped on Tuesday as a lack of clarity on President Donald Trumps plans for tariffs weighed on greenback. Trump refrained from immediate tariff actions, a key concern for global markets, but indicated that...

FxWirePro: EUR/CAD range to extend until there is game changing news
Jan 22, 2025 12:29 pm UTC| Technicals
EUR/CAD steadied on Wednesday as markets remained calm in response to Trumps tariff threats. Markets seemed unfazed by Trumps promise to impose new levies on the EU and a 10% tariff on Chinese goods starting Feb....

FxWirePro: GBP/USD ventures higher, critical resistance lies ahead
Jan 22, 2025 11:05 am UTC| Technicals
GBP/USD strengthened on Wednesday as the dollar weakened due to a lack of clarity regarding President Donald Trumps plans for tariffs. Trumps tariff threats on the EU and China remain, though relief emerged as...

FxWirePro: USD/ JPY steady but trend lower looks likely to resume
Jan 22, 2025 09:35 am UTC| Technicals
The USD/JPY edged higher initially but gave up ground as the market awaited Bank of Japan rate decision . The BOJ is anticipated to hike interest rates on Friday, bringing short-term borrowing prices to levels not seen...