USD/CAD drops below 1.2500 amid weaker USD, higher WTI prices
USD/CAD remains weighed down by rebounding oil prices and a weaker US dollar. WTI price
Gold Price Forecast: XAU/USD exposed to downside risks as Russia-Ukraine work towards a ceasefire – TDS
Apparent progress in ceasefire talks has put a dent in safe-haven flows. Subsequently, gold tumbled
AUD/USD climbs above 0.7500 on softer DXY and upbeat Aussie Retail Sales
AUD/USD has settled above 0.7500 as progress on the Moscow-Kyiv peace talks underpins risk-on impulse.
USD/JPY surpasses 123.00 on weak Japan’s Retail Trade
USD/JPY has attracted bids on downbeat Japan’s Retail Trade. The DXY has faced broader weakness
Gold Price Forecast: XAU/USD safe-haven buyers could be forced to offload in a vacuum – TDS
Economists at TD Securities see rising risks that the Federal Reserve will deliver a hawkish
German IFO Business Climate Index plunges to 90.8 in March, a big miss.
German IFO Business Climate Index came in at 90.8 in March. IFO Current Economic Assessment
German IFO’s Economist: The economy faces uncertain times
Following the release of the German IFO Business Survey, the institute’s Economist Klaus Wohlrabe said that
Asian Stock Market: Cautious at best as PBOC inaction joins Japan’s off, Ukraine woes
Asia-Pacific markets drift lower as geopolitical fears escalate in Ukraine, China reports record covid infections.
AUD/USD clings to gains near weekly top, just below mid-0.7300s
A combination of supporting factors pushed AUD/USD to a fresh weekly high on Thursday. Upbeat
China’s top envoy to US: Will work to de-escalate war in Ukraine
Following US President Joe Biden’s warning to Chinese President Xi Jinping over Beijing supporting Russia’s invasion