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]
Gold Price Forecast: XAU/USD corrected extreme conditions, struggles around $3,300
XAU/USD Current price: $3,290.46US President Donald Trump cooled down concerns about Fed Powell’s continuity.Hopes of easing trade tensions between the United States and China lifted the mood.XAU/USD corrected extreme overbought readings, sellers … [Continue reading]
EUR/USD Price Forecast: Stable above 1.1400, bulls may soon return
EUR/USD Current price: 1.1408Easing political and fiscal US tensions underpin the market’s mood.EU tepid business activity limits demand for the Euro on Wednesday.EUR/USD consolidates around 1.1400, needs to recover above 1.1450. The EUR/USD pair … [Continue reading]
AUD/JPY trades higher near 91.00 despite cautious remarks from Chinese Foreign Ministry
AUD/JPY gains ground as robust Australian economic data and improved global sentiment fuel demand for the Australian Dollar.China’s Foreign Ministry criticized the US approach to trade talks, stressing that meaningful progress depends on dialogue … [Continue reading]
Gold price shows signs of bullish exhaustion amid positive turnaround in risk sentiment
Gold price rebounds from the Asian session trough as the USD stalls its recovery from a multi-year low.The weakening investors’ confidence in the US economy and Fed rate cut bets weigh on the Greenback. The optimism over easing US-China tensions … [Continue reading]
Australia’s Judo Bank Manufacturing PMI declines to 51.7 in April, Services PMI eases to 51.4
The preliminary reading of Australia's Judo Bank Manufacturing Purchasing Managers Index (PMI) declined to 51.7 in April from 52.1 in March, the latest data published by Judo Bank and S&P Global showed on Wednesday.The Judo Bank Australian … [Continue reading]