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Markets
GBP/USD retreats to 1.34 as Trump eases China stance, UK data weighs
The GBP/USD pair retreats on Friday after hitting its highest level in a week of 1.3471 after US President Donald Trump stated that elevated tariffs on China are "not sustainable."…
Gold softens after record rally but remains on track for ninth weekly gain
Gold (XAU/USD) edges lower after hitting yet another all-time high near $4,380 on Friday as investors seek a reliable store of value amid geopolitical, economic and fiscal…
Important for Fed to be cautious right now
Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem spoke at the Institute of International Finance Annual Membership Meeting in Washington, DC. He said that he could…
EUR/GBP steady as France’s political calm lifts Euro, UK growth capped
EUR/GBP trades steadily around 0.8700 on Friday at the time of writing, supported by improved political sentiment in France after Prime Minister Sébastien Lecornu survived two…
AUD/USD remains steady after Trump tones down China rhetoric, DXY recovers slightly
The Australian Dollar (AUD) remains well bid against the US Dollar (USD) on Friday, as US President Donald Trump’s softer stance on trade with China eases risk sentiment. The…
Canadian Dollar rebounds as Greenback recedes
The Canadian Dollar (CAD) caught a fresh bid on Friday, reclaiming some lost ground against the US Dollar (USD), although the Loonie still remains trapped near six-month lows…
EUR/USD slips as Trump softens China tariff stance, US Dollar recovers
EUR/USD dives 0.17% during the North American session on Friday as the Greenback trims its earlier losses as US President Donald Trump tempered his trade rhetoric on China. The…
Dow Jones rebounds as market confidence returns
The Dow Jones Industrial Average (DJIA) found a near-term foothold to wrap up the trading week, rebounding around 300 points from recent lows and fighting to stay on the high side…
Gold crashes 2% from record high as Trump tempers threats on China
Gold price (XAU/USD) falls 2% after reaching a record high at $4,379 earlier on Friday, tumbles below $4,250, sponsored by US President Donald Trump's comment that triple-digit…
USD/JPY strengthens as Trump’s softer stance on China boosts US Dollar demand
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Friday, with USD/JPY rebounding after slipping to two-week lows earlier in the Asian session. The recovery comes as…