United States NAHB Housing Market Index came in at 40, above forecasts (37) in April

Apr 16, 2025

USD/JPY struggles to hold 142.00 as US-China trade war batters US Dollar

The USD/JPY pair struggles to hold the key support of 142.00 during North American trading hours on Wednesday, the lowest level seen in over four months. The pair faces selling pressure as the US Dollar has been hit hard by intensifying trade war between the United States (US) and China.

USD/CAD slumps further as BoC leaves interest rates steady at 2.75%

The USD/CAD pair extends its downside below 1.3900 during North American trading hours on Wednesday. The Loonie pair weakens further as the Bank of Canada (BoC) leaves its borrowing rates at 2.75%, as expected.