XAG/USD erases earlier gains after surging nearly 2% during the Asian session on Tuesday. April US CPI came in softer than expected, reinforcing expectations that…
GBP/USD eases post-BoE rate cut as Greenback flows rise GBP/USD kicked off Thursday with an early spat of gains, fueled by the Bank of England (BoE)…
The outlook for the Oil price remains grim as the OPEC+ has announced that it will speed up the unwinding of 2.2 million bpd output…
The official purchasing managers’ indices for the Chinese economy were published this morning, revealing the first signs of the impact of the prohibitive US tariffs.…
GBP/USD declines below 1.3450 ahead of BoE’s Ramsden speech The GBP/USD pair attracts some sellers to near 1.3425 during the early Asian trading hours on…
USD/CAD weakens due to expectations that Canada’s ruling Liberal Party will retain power following Monday’s election. The Liberals have to secure the 172 seats required…
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,…
On Thursday, United States (US) President Donald Trump confirmed that a meeting with Chinese officials took place earlier that morning. He made the remarks during…
GBP/USD Price Forecast: Bullish outlook remains in play above 1.3250 The GBP/USD pair drifts higher to around 1.3270, snapping the two-day losing streak during the…
The Japanese Yen attracts some dip-buyers and stalls its pullback from a multi-month low against the USD. Hopes for a US-Japan trade deal and rising…