
FxWirePro: GBP/USD stays above 1.2400 after Trump-induced drop
Jan 31, 2025 10:45 am UTC| Technicals
GBP/USD initially dipped but recovered some ground as cable found support at 1.2400 level after a drop triggered by Trumps remarks. Trump repeated his threat to impose 25% tariffs on Canada and Mexico starting February...

Jan 31, 2025 09:41 am UTC| Technicals
The GBP/JPYtrades weak on board-based Pound weakness.It hit an intraday low of 191.61 and is currently trading around 191.818. Intraday trend is bearish as long as resistance 193 holds. Market expectations are that the...

FxWirePro: NZD/USD struggles for momentum amid tariff concerns
Jan 31, 2025 06:12 am UTC| Technicals
NZD/USD edged higher, but gains were limited as traders remained cautious with Trump repeating tariff threats ahead of the Feb 1 deadline. On Thursday, President Trump said he would soon decide whether to exempt...

FxWirePro: AUD/USD under pressure after early buying dries up
Jan 31, 2025 05:53 am UTC| Technicals
AUD/USD initially gained but lost ground as concerns over potential U.S. tariffs on Mexico and Canada weighed on trade-sensitive currencies.. On Thursday, President Trump stated that 25% tariffs would be imposed...

FxWirePro: EUR/NZD retreats slightly but trend is still bullish
Jan 31, 2025 02:07 am UTC| Technicals
EUR/NZD eased after the European Central Bank cut its policy rate by 25 basis points. The European Central Bank (ECB) implemented its fifth rate cut since June, reducing the deposit rate from 3.0% to 2.75%, a move that...

FxWirePro: EUR/AUD bulls gear up for next leg higher, eyes 1.6800 level
Jan 30, 2025 22:57 pm UTC| Technicals
EUR/AUD initially dipped but recovered ground as investors absorbed the European Central Banks interest rate cut decision The European Central Bank cut interest rates as expected on Thursday and confirmed that euro...