
FxWirePro: USD/ CNY sinks to 1-1/2 month low with plenty more downside potential
Jan 24, 2025 09:21 am UTC| Technicals
USD/ CNY slipped to hit 1-1/2 month low on Friday as Chinese Yuan was buoyed following U.S. President Donald Trumps indication that tariffs on China could be avoided. Trumps comments come just days before the Federal...

FxWirePro: NZD/USD uptrend gains momentum as Trump policy fears ebb
Jan 24, 2025 05:58 am UTC| Technicals
NZD/USD jumped higher on Friday as the U.S. dollar weakened after Trump expressed confidence he could reach a deal with China and preferred avoiding tariffs . Trumps softer tone helped lift the kiwi dollar by 0.4%,...

FxWirePro: AUD/USD rises above 0.6300 as Trump softens China tone
Jan 24, 2025 05:27 am UTC| Technicals
AUD/USD ticked higher on Friday as Trumps softer approach to tariffs increased market risk appetite, boosting the Australian dollar. President Donald Trump expressed confidence that a deal could be reached with China,...

FxWirePro: USD/ JPY slips lower as yen rises after BOJ hike
Jan 24, 2025 05:06 am UTC| Technicals
USD/JPY slipped sharply lower on Friday as yen rose after the Bank of Japan (BOJ) hiked rates to their highest since the 2008. At its two-day meeting ending Friday, the BOJ increased its short-term policy rate from...

FxWirePro:GBP/NZD neutral in the near-term, scope for downward resumption
Jan 24, 2025 00:23 am UTC| Technicals
GBP/NZD eased on Thursday as investors assessed U .S. President Donald Trumps comments at the World Economic Forum Markets seem to overlook new tariff threats from U.S. President Donald Trump, who vowed to impose...

FxWirePro: EUR/AUD Key support held early, but negative factors build
Jan 23, 2025 21:59 pm UTC| Technicals
EUR/AUD drifted lower on Thursday as investors digested President Donald Trumps address to the World Economic Forum in Davos. Investor anxiety is rising as Trumps ongoing protectionist rhetoric takes center stage, with...

FxWirePro: EUR/NZD downside pressure builds, key support level in focus
Jan 23, 2025 21:55 pm UTC| Technicals
EUR/NZD slipped lower on Thursday as investors assessed U.S. President Donald Trumps comments at the World Economic Forum . Trump stated that the U.S. would ensure a steady supply of liquefied natural gas to Europe,...