Glendon

The EUR/USD pair is hovering around 1.0503, extending its rally since midweek. The major currency pair has climbed to a two-mont

USD/CHF rebounds to near 0.8985 in Friday’s early European session. Trump’s trade tariffs and rising geopolitical tensions might boost the CHF and cap the upside for the pair. The advanced US PMI data will be in the spotlight later on Friday.

AUD/JPY faces challenges as the BoJ is widely expected to raise interest rates further. The risk-sensitive currency cross amid rising global uncertainties following fresh tariffs from the US President Donald Trump. Australia’s Unemployment Rate increased to 4.1% in January from 4.0% in December, as expected.

SHANGHAI (Feb 20): China's yuan strengthened against the dollar on Thursday, as market sentiment improved after US President Don

The Euro found support and started a recovery wave above the 1.0400 resistance zone. There is a connecting bearish trend line forming with resistance at 1.0460 on the hourly chart of EUR/USD at FXOpen. USD/JPY is trading in a bearish zone below the 153.00 and 152.50 levels. There is a short-term rising channel forming with support near 151.60 on the hourly chart at FXOpen.

(Feb 19): London copper eased on Wednesday as US President Donald Trump's threat to impose 25% tariffs on automobiles and semiconductor chips raised concerns of about metal demand.

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