The Pound Sterling rebounds against its major peers after the UK ONS reported upbeat Retail Sales data for March.Traders are confident of a 25 bps interest rate reduction by the BoE in May.De-escalation in the US-China trade war has supported the US … [Continue reading]
DXY: Technical rebound is under way – OCBC
Relative calm continues to be observed this week amid Trump’s de-escalation. Trump continued to speak about how his administration was talking to China about trade even as Beijing denied the existence of negotiations. Chinese Commerce Ministry … [Continue reading]
Gold price drifts lower as US-China trade deal hopes undermine safe-haven assets
Gold price bulls seem reluctant as a positive risk tone undermines demand for safe-haven assets.Thursday’s upbeat US macro data supports the USD, contributing to capping the precious metal.Geopolitical uncertainties and Fed rate cut bets should help … [Continue reading]
China’s Finance Ministry: Current world economic growth momentum is insufficient
China's Finance Ministry said on Friday that the current world economic growth momentum was insufficient, with tariff and trade wars further impacting economic and financial stability, per Reuters. He called on all parties to further improve the … [Continue reading]
Gold price surges past $3,300 on trade jitters, yield slump reviving haven demand
Gold snaps two-day losing streak, gaining 1.5% on fresh trade war fears.Trump softens tariff talk, but China denies negotiations and demands full rollback.Fed rate cut bets rise as yields drop and economic uncertainty builds.Gold price snapped two … [Continue reading]
GBP/USD rebounds past 1.3300 as US-China tensions rattle US Dollar
GBP/USD gains 0.55% as investors sell USD amid trade uncertainty.China demands full tariff rollback; US officials push back on compromise.DXY drops to 99.45 as Fed officials strike a cautious, data-dependent tone.The Pound Sterling recovered some … [Continue reading]
Sui Price Forecast: Surging stablecoins market, DEXs volume and DeFi TVL drive SUI’s bullish sentiment
Sui struggles to hold onto gains as prices across the crypto market falter after Wednesday's rally.Sui's recovery can be attributed to significant improvements in the network's DeFi ecosystem.DEXs' volume on Sui soared 38.51% in the last week to … [Continue reading]
France Consumer Confidence above forecasts (91) in April: Actual (92)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Japanese Yen snaps two-day losing streak against USD amid reviving safe-haven demand
The Japanese Yen attracts some dip-buyers amid fading optimism over the US-China trade deal. Bets that the BoJ will continue raising interest rates in 2025 further lend support to the JPY.Dovish Fed expectations cap the USD recovery from a multi-year … [Continue reading]
NZD/USD Price Analysis: Pair trades steady near 0.5900 with bullish bias ahead of Asia
NZD/USD trades around the 0.5900 zone after a quiet Wednesday European session.Mixed momentum signals but moving averages reinforce the bullish tone.Support seen at 0.5930 and 0.5908; resistance stands at 0.5969.The NZDUSD pair held steady near the … [Continue reading]