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The renewed buying pressure prompted the Greenback to leave behind Monday’s pessimism and chart decent gains on Tuesday, always on the back of mitigating US-China trade concerns and rising prudence ahead of key US data releases later in the week. Here is what you need to know on Wednesday, April 30:

The latest monthly Consumer Expectations Survey by the European Central Bank showed on Tuesday that Eurozone inflation is seen notably higher for the year ahead in March. Key takeawaysInflation expectation over the next 12 months rose 0.3 percentage points in March to 2.9%; the highest level since A

Based on the latest polls, it should no longer be too surprising that the Canadian Liberals appear to have won the recent election, Commerzbank's FX analyst Michael Pfister notes. Slight weakness in the Canadian Dollar this morning is likely "However, the election victory was quite narrow; currently

USD/CAD edges higher as the US Dollar strengthens due to optimism surrounding potential US trade deals.Washington appears to be making headway in early trade discussions with Asian allies, including South Korea and Japan.The Canadian Dollar remains under pressure as Trump suggested that the 25% tari

The announcements on April 2, featuring a massive and widespread (albeit differentiated by country) increase in US tariffs, constitute a historic shock. The final extent of the damage and the aftershocks remain to be seen, but there is no doubt that the economic consequences will be negative, starti

S16 Global Trading Competition: Capitalizing on Market Volatility Across Forex and Commodities As the S16 Global Trading Competition commenced on April 21, traders are presented with a unique opportunity to navigate the current market volatility. Recent geopolitical tensions, particularly the implem

XAU/USD Markets are back to business and accelerated in unchanged direction after short Easter break. Gold jumped around 1.8% in Asian/early European trading, hitting series of new record highs and pressuring psychological $3400 level. Fresh safe haven demand was sparked on growing uncertainty over

Markets We’re about to get our first real tremors in the data tape — those subtle but telling cracks that remind everyone just how real the Washington tariff shock is about to get. Make no mistake: Trump’s tariff offensive isn’t some isolated headline — it’s a seismic wave that’s about to roll throu

Japanese Yen (JPY) is weak, down 0.5% vs. the US Dollar (USD) and underperforming all the G10 currencies along with its haven peer Swiss Franc (CHF). US/Japan talks proceeding well "The bulk of the yen’s losses appear to have coincided with the release of trade data for March, which showed better th

EUR/JPY gains positive traction for the second straight day amid a broadly weaker JPY. BoJ rate hike bets, rising trade tensions, and recession fears could limit losses for the JPY. A modest USD bounce weighs on the Euro and might cap the cross ahead of the ECB. The EUR/JPY cross attracts buyers for

AUD/USD retreats toward the 0.6280 zone during Monday’s American session after peaking near 0.6340.Sentiment on the US Dollar seesaws amid fresh trade headlines and recession commentary.Key resistance is noted around 0.6320 and 0.6410; support lies near 0.6290 and 0.6280. The Australian Dollar gave