Currency News

The Japanese Yen (JPY) attracts some buyers touching a nearly four-week low against its American counterpart during the Asian session on Friday,

The Canadian Dollar (CAD) shed weight on Thursday, paring away recent gains against the US Dollar (USD) as trade war rhetoric between the US and Canada ramps up.

With risk assets wobbling and the spectre of a full-blown trade war back on the radar, gold is doing what it does best—playing its safe-haven role to perfection.

The Australian Dollar (AUD) trades steady around the region 0.6300 against the US Dollar (USD) during Thursday’s American session.

The Dollar dropped back down towards the 104 handle.

Mexican Peso drops nearly 1% as traders brace for Banxico’s rate cut and digest US trade shock.

Revaluation of U.S. Dollar threatens inflation pressures.

Markets are digesting surprise auto tariffs from US President Donald Trump.

Yen trades near 150.000 after Trump’s tariff move. Trump confirmed 25% auto tariffs, raising market fears.

EUR/USD rebounds to near 1.0800 as the US Dollar corrects despite US President Trump threatening to impose large-scale tariffs on the Eurozone and Canada.

President Trump yesterday ordered the implementation of a new 25% tariff on the import of any vehicle not manufactured in the USA, sending stock markets lower, especially US indices.

The EUR/USD pair dropped to 1.0778 on Thursday, staging a modest correction but remaining under pressure amid deteriorating market sentiment.

The pair is currently within a counter-trend correction, focusing on wave 2, which is forming as part of the broader wave 3.

Many participants were focused on next week's US

USD/CAD attracts some buyers and snaps a three-day losing streak to over a one-month low.

Asian stocks declined after President Donald Trump announced a 25% tariff on US auto imports, prompting investors to reduce risk exposure amid concerns over growth in the world's largest economy.

The EUR/USD pair continues its slide ahead of major US and European inflation data, with technical indicators suggesting a possible bullish reversal soon.

The Pound Sterling gains to near 1.2925 against the US Dollar, while investors ignore fresh tariffs by US President Trump on auto imports.

Yesterday's announcement of an across-the-board 25% tariff on US auto imports has yet to significantly impact FX markets.

The EUR/USD pair is searching for support near the 1.08 level, with recent indecision pointing to potential consolidation or a breakdown toward 1.07.

USD/CAD remains subdued for the fourth consecutive day, hovering around 1.4260 during Asian trading hours on Thursday.

The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) for the second consecutive day on Thursday, as risk-off sentiment rises amid concerns over impending US auto tariffs.

Short Term Elliott Wave view in EURUSD suggests rally from 2.3.2025 low is in progress as a 5 waves impulse. Up from there, wave 1 ended at 1.0528 and pullback in wave 2 ended at 1.036. Wave 3 higher ended at 1.0955.

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, March 26.

EUR/USD accelerated to the downside on Wednesday, shedding over one-quarter of one percent on Wednesday and skidding back below 1.0750 for the first time since the first week of March.