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Forex
Trump eyes Warsh, Hassett for Fed leadership in 2026
In an interview with the Wall Street Journal, the US President Donald Trump revealed that he is leaning on former Fed Governor Kevin Warsh and also on the National Economic Council…
Gold remains bid amid Fed uncertainty and stalled peace talks
Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353. At…
Dow Jones retreats from record highs but poised for weekly gain
The Dow Jones Industrial Average (DJIA) retreated from record intraday highs on Friday alongside its major index peers as investors continued rotating out of technology and into…
GBP/USD drops as UK GDP shrinks for second straight month
Pound Sterling drops as UK GDP shrinks for second straight monthThe Pound Sterling (GBP) faces selling pressure against its major peers on Friday following the release of the…
EUR/USD steady at 1.1740 as Fed signals pause, inflation in focus
EUR/USD holds firm at around 1.1741 on Friday, virtually unchanged, amid a parade of Federal Reserve (Fed) officials crossing the wires, following last Wednesday's 25 basis points…
GBP faces headwinds despite budget relief – Rabobank
The Pound Sterling (GBP) remains under pressure heading into 2026 amid flat UK growth and the Bank of England’s ongoing easing cycle. Political uncertainties and ECB rate…
Russian seaborne Oil exports hit highest level since early 2022 – Commerzbank
Russian seaborne Crude exports have surged to multi-year highs, but a growing share appears unsold and stored afloat. Despite this jump, the IEA notes that Russia’s overall Oil…
Gold nears record highs as dovish Fed outlook underpins demand
Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time…
EUR/GBP steady as German inflation holds, UK GDP fuels BoE easing bets
EUR/GBP trades without a clear direction on Friday, hovering around 0.8760 at the time of writing, with the pair remaining stable despite contrasting macroeconomic developments…
USD edges higher as global equities hit record highs – BBH
USD recovered some of yesterday’s losses and trading close to the middle of its range in place since June. The MSCI All Country World Index rallied to a record high yesterday…