The Japanese Yen is pressured by renewed worries about Trump's trade tariffs.A modest USD strength provides a goodish lift to the USD/JPY pair on Monday. The divergent BoJ-Fed policy expectations should help limit deeper JPY losses. The Japanese Yen (JPY) attracts some sellers at the start of a new week as US President Donald Trump's tariff threats revive fears that Japan would also be an eventual target of new US levies. Apart from this, a modest US Dollar (USD) strength, lifts the USD/JPY pair to the 152.00 mark during the Asian session. Against the backdrop of the upbeat US jobs report...
The Australian Dollar loses ground as Trump announces plans to impose a 25% tariff on all steel and aluminum imports.The AUD faced challenges as China's retaliatory tariffs on certain US exports have come into effect.The US Dollar received support as January's job report reinforced the cautious mood surrounding the Fed's policy outlook.The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) for the third consecutive day on Monday, weighed down by escalating trade war concerns. The AUD/USD pair faces downward momentum after US President Donald Trump, speaking aboard Air...
Gold price continues to attract safe-haven flows amid persistent worries about Trump's trade tariffs.Mostly upbeat US jobs data and inflationary concerns could allow the Fed to hold interest rates steady.A modest US Dollar strength might further contribute to capping the upside for the XAU/USD pair. Gold price (XAU/USD) kicks off the new week on a positive note and remains well within striking distance of the all-time high touched on Friday amid persistent worries about US President Donald Trump's trade policies. In fact, Trump said on Sunday that he will announce new 25% tariffs on all...