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AUD/USD Price Forecast: Stable under 0.7200, near a two-week high after China’s PMI

AUD/USD Price Outlook: Appears set to rise above important barrier of 0.7220

AUD/USD Overview The AUD/USD pair has been hovering below the 0.7200 threshold, showing limited movement after the latest China Rating Dog Manufacturing PMI report, which indicated a drop to 51.8 in May from 52.2 in April. Currently, spot prices are lingering near the two-week peak achieved on Friday, suggesting they might gain further momentum in […]

AUD/USD Outlook: Stays above 0.7150, stuck in two-week range

AUD/USD Price Outlook: Appears set to rise above important barrier of 0.7220

AUD/USD Trading Trends The AUD/USD pair has faced challenges in leveraging a rebound from the under-0.7100 levels reached the previous day, registering minimal movement in Asian trading on Friday. Still, it remains above the 0.7150 mark, and there’s a possibility it might see its first slight increase in three weeks. The recent reports suggesting that […]

EUR/USD remains close to a two-week peak as peace prospects in Iran impact the USD.

EUR/USD remains close to a two-week peak as peace prospects in Iran impact the USD.

EUR/USD Trading Update During Asian trading on Thursday, EUR/USD experienced a bit of bullish buying, halting its earlier pullback from the previous day’s close at around 1.1800, which marked a two-week high. Currently, spot prices are hovering slightly above the mid-1.1700s, showing an increase of nearly 0.10% for the day, while still being influenced by […]

Trump’s two-week truce with Iran depends on the reopening of the Strait of Hormuz

Senator Sheldon Whitehouse, D-R.I., describes Trump's 25th Amendment effort as 'unrealistic.'

During a recent panel discussion on the newly declared two-week cease-fire with Iran, opinions varied significantly among the participants. While some disagreed, Kellyanne Conway echoed my view, highlighting President Trump’s pattern of negotiations that seem to yield at least a temporary win. The real impact of this victory, though, will unfold over the next couple […]

Trump and Iran reach a two-week ceasefire along with other major stories

Trump and Iran reach a two-week ceasefire along with other major stories

News Summary Top Stories 1. President Trump offers optimistic predictions following a ceasefire agreement with Iran. 2. NASA updates its approach as the return of Artemis II nears. 3. An American woman is reported missing in the Bahamas, with friends involved in the situation. Highlights Tragic Incident — A haunting photo surfaced showing a young […]

Pope Leo criticizes Trump’s threat to Iran ahead of a two-week postponement of the attack

Pope Leo criticizes Trump's threat to Iran ahead of a two-week postponement of the attack

Vatican’s Strong Criticism of Trump’s Threats Against Iran Just hours before Donald Trump announced a two-week postponement of military action against Iran, Pope Leo expressed strong disapproval, labeling Trump’s threats as “truly unacceptable.” This marked a rare occurrence where the leader of the Catholic Church publicly criticized a sitting U.S. president. Speaking to reporters outside […]

A Few Senators Push Through DHS Funding Bill Before Taking a Two-Week Break

A Few Senators Push Through DHS Funding Bill Before Taking a Two-Week Break

Senate Passes Funding Bill to End Partial Government Shutdown In the early hours of Friday, five senators voted on a funding bill to wrap up the partial government shutdown just ahead of a two-week Easter recess. Democrats in the Senate have pushed for new limitations on U.S. Immigration and Customs Enforcement (ICE). Following the January […]

Australian Dollar rises to two-week highs following strong CPI data

Australian Dollar rises to two-week highs following strong CPI data

Here’s what you need to know on Thursday, February 26th. The Australian dollar (AUD) jumped to nearly a two-week high after a surprising inflation report for January, which has sparked hopes for additional interest rate increases by the Reserve Bank of Australia (RBA). In the midst of some uncertainty surrounding US trade policy, the US […]