Trading news
Apr 15, 2025
No concessions from Trump on China – Commerzbank
Where Trump is not willing to make concessions or give in, however, is on China. Here, the motto 'always more than you' seems to apply. The tariff spiral is in full swing, there are only a few exceptions, Commerzbank's FX analyst Antje Praefcke notes.
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Apr 15, 2025
AUD/USD: Chance to potentially test the key resistance at 0.6390 – UOB Group
Australian Dollar (AUD) is expected to trade in a range vs US Dollar (USD), likely between 0.6270 and 0.6350. In the longer run, AUD is likely to trade with an upward bias, potentially testing the key resistance at 0.6390, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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