The Japanese Yen pulls back after rising to over a one-month high against the USD. The initial reaction to Trump’s tariff remarks fades amid bets […]
Tag: retreats
US Dollar retreats for now while Trump remains quiet on sources over the upcoming tariff approach
The US Dollar is on the backfoot after the December Producer Price Index got released. Traders are easing their US Dollar position heading into Wednesday’s CPI […]
GBP/USD retreats from multi-week top, slides below 1.2700 on stronger USD
GBP/USD kicks off the new week on a weaker note amid the emergence of some USD buying. Trump’s tariff threats, geopolitical risks and bets for […]
NZD/JPY retreats sharply from two-week top post-RBNZ, seems vulnerable near 88.00
NZD/JPY plummets around 150 pips intraday in reaction to the RBNZ’s surprise 25 bps rate cut. RBNZ Governor Adrian Orr noted that we are going […]