Market sentiment weakened on Tuesday as traders reconsidered the risk-positive news surrounding the Ukraine-Russia ceasefire deal.
EURUSD and GBPUSD hit multi-month highs, while USDJPY defied the trend, rebounding from a five-month low.
Markets saw heavy volatility on Thursday as mixed news on the Ukraine-Russia ceasefire and trade war fears shook investors.
Financial markets gained traction on Wednesday, supported by cooler US inflation, easing recession fears, and progress in Russia-Ukraine peace talks.
Markets remain volatile, driven by news about US tariffs, and tensions with Iran, which keep momentum traders on edge.
Market liquidity was low on Monday due to a light calendar and mixed risk news, despite heavy selling in equities.
Trading outlook remains cautious on Monday after a mostly positive week, as China faces deflation and concerns rise over US aluminum and steel tariffs.
Market sentiment is mixed on Friday after a volatile Thursday, with traders waiting for key US job data and a speech from Fed Chair Jerome Powell.
The US Dollar tumbled Wednesday as a one-month tariff reprieve for Canada and Mexico fueled risk sentiment.
The activation of US tariffs on Canada, Mexico, and China, along with retaliatory measures, shook markets on Tuesday.
US President Donald Trump's announcement of 25% tariffs on Canada and Mexico starting March 04.
Trading sentiment is mixed on Monday, with slight optimism driven by China, as markets await updates on the Ukraine-Russia peace talks.
Market sentiment remains negative early Friday as Asian traders react to US President Donald Trump’s tariff announcements.