EUR/USD trades near 1.0830, declining as sellers target 1.0800. Technical indicators suggest growing downside momentum.
Macklem stresses multiple economic outcomes, no inflation or unemployment concerns, and potential aggressive rate changes ahead.
US 4-week bill auction dips to 4.215%. AUD/USD struggles, USD/JPY recovers, gold stabilizes, and XRP rises.
Tiff Macklem stresses flexible policies to manage inflation risks, economic uncertainty, tariffs, and Canada’s sovereignty challenges.
US Dollar strengthens above 104.00 amid Federal Reserve policy, interest rate expectations, jobless claims, and economic data shifts.
Apple restructures AI leadership to improve Siri, contributing to stock declines in NASDAQ, S&P, and Apple shares.
The US bought crude for reserves, but slow purchases and economic concerns keep oil market challenges persistent.
USDCAD’s bullish run stalled at 1.4401, reversing below key moving averages. A break above 1.4345 eases selling.
SARB holds interest rate at 7.5%, AUD/USD declines, EUR/USD weakens, gold corrects, and Pumpfun launches PumpSwap.
OPEC+ nations, including Russia and Iraq, plan to curb overproduction, with measures lasting until June 2026.
