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Forex
Mexican Peso breaks support in anticipation of US-China trade talks
The Mexican Peso dismisses weak Consumer Confidence as traders remain focused on key sentiment drivers.US-China trade talks this weekend remain key for the…
GBP/USD gains on US-UK agreement, holds near 1.33
US-UK trade deal supports the Sterling; Trump keeps 10% tariffs but opens broader market access.BoE cuts rates by 25 bps in three-way split vote and traders…
USD/CHF struggles as trade talk uncertainty and stagflation fears weigh on sentiment
USD/CHF is trading near a critical support area as the US Dollar Index (DXY) reverses course ahead of US-China trade talks in Switzerland this weekend.Fed…
EUR/GBP Price Analysis: Euro drifts near 0.8500 as bearish pressure builds
EUR/GBP trades near the 0.8500 zone after slipping modestly in Friday’s session.Short-term signals remain bearish despite mixed long-term support.Key support…
Dow Jones Industrial Average falls back as investors brace for US-China trade talks
The Dow Jones shed 100 points on Friday, falling back to 41,250.Investors are bracing for geopolitical tensions as the US and China head for initial trade…
US Press Secretary Leavitt: Trump will not bring down tariffs on China
White House Press Secretary Karoline Leavitt addressed media staff on Friday, walking back some of the tone and market interpretations of President Donald…
Pound Sterling Price News and Forecast: GBP/USD gains on US-UK agreement, holds near 1.33
GBP/USD gains on US-UK agreement, holds near 1.33
The Pound Sterling posted solid gains on Friday, edging up 0.41% after the announcement of a trade deal…
EUR/USD Price Analysis: Euro steadies near 1.1300 as bullish signals gain traction
EUR/USD trades near the 1.1300 zone after gaining modestly in Friday’s session.Mixed short-term indicators contrast with a broadly bullish long-term…
EUR/JPY retreats from highs as Trump tariff threat tempers trade optimism
EUR/JPY trades near 163.45, slipping after rejection from 163.94 resistance.Caution ahead of ECB’s Schnabel speech limits Euro support, despite ECB-BoJ policy…
Chinese central bank has been buying Gold for six months – Commerzbank
The Chinese central bank PBoC continued to buy Gold in April for the sixth month in a row, Commerzbank's commodity analyst Carsten Fritsch notes. PBoC Gold…