Gold prices fall over 3% as safe-haven demand weakens following the agreement between the US and China to lower reciprocal tariffs. US Dollar strength and…
Here is what you need to know on Monday, May 19: News of US and China making substantial progress in trade talks this past weekend…
AUD/JPY depreciates, buoyed by stronger-than-expected Japanese household spending data—signaling a potential rebound in domestic consumption. Japan’s Overall Household Spending in Japan rose 2.1% YoY in…
Fed holds rates at 4.5%, acknowledges elevated inflation and rising risks. Labor market remains strong; economic activity expands despite trade volatility. US Dollar Index falls…
EUR/USD edges up to near 1.1350 as the US Dollar faces pressure ahead of the Fed policy decision, in which it is expected to keep…
Asian currencies rallied sharply, led by a historic surge in the Taiwan dollar, as growing speculation over imminent trade talks between the US and its…
The US Dollar Index remains under pressure as the 2-year US Treasury yield edges down to 3.81%. Trump announced his plans to introduce pharmaceutical tariffs…
China’s Services Purchasing Managers’ Index (PMI) declined to 50.7 in April from 51.9 in March, the latest data published by Caixin showed on Tuesday. The…
EUR/USD moves higher to near 1.1325 as the US Dollar faces selling pressure ahead of the Fed’s monetary policy meeting on May 6-7. US President…
Silver remains under heavy selling pressure for the third straight day on Thursday. A breakdown below the 100-hour SMA could be seen as a fresh…