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Forex
Australian Dollar edges lower as US Dollar appreciates due to easing global trade tensions
The Australian Dollar remains under pressure amid expectations that the RBA will deliver another 25-basis-point rate cut in May.Chinese Foreign Minister Wang…
Gold Price Forecast: XAU/USD holds below $3,350 on firmer US Dollar, easing US-China trade tensions
Gold price declines to near $3,335 in Tuesday’s early Asian session. Improved optimism over a US-China trade deal undermines the Gold price. Fed rate cut bets…
White House official says Trump expected to soften auto tariffs – WSJ
According to the Wall Street Journal, US President Donald Trump plans to soften the impact of his automotive tariffs by preventing duties on foreign-made cars…
Mexican Peso slips despite strong trade data, as US trade worries persist
Mexican Peso weakens 0.48% even as Mexican labor market and trade data surprise to the upside.Ongoing US-China trade tensions cloud risk sentiment, limiting…
GBP/USD rallies and hovers near 1.3400 amid US Dollar weakness
UK Retail Sales improve and BoE seen less dovish, boosting Sterling demand.US Dollar pressured by risk-on mood and Fed entering pre-meeting blackout.Traders…
EUR/GBP Price Analysis: Pair holds neutral bias at the start of the week
EUR/GBP trades near the 0.85 area after slipping during Monday’s session.Momentum indicators remain mixed, with shorter-term signals leaning bearish.Key…
NASDAQ gives up early gains on Monday as Nvidia sells off on Huawei AI competition
Huawei hints that new AI chip will be ready for testing in late May.The Ascend 910D processor is designed to compete with Nvidia's H100, a popular AI…
USD/CHF Price Analysis: Dollar weakens against Swiss franc amid bearish pressures
USD/CHF trades near the lower end of its daily range on Monday after a notable decline.Bearish signals dominate with downward pressure from key moving…
Gold price climbs as recession fears rise on sour mood
Gold buyers regain control as risk-off sentiment spreads across financial markets.US Dollar and Treasury yields slide as traders bet on deeper Fed rate…
USD/JPY declines to near 143.00 as Japanese Yen outperforms, BoJ policy in focus
USD/JPY falls to near 143.00 amid strength in Japanese Yen ahead of BoJ’s policy on Thursday.The BoJ is expected to keep rates steady at 0.5% amid uncertainty…