XAU/USD extends losses on risk-on mood despite weak US data and rising Fed cut speculation. Trump calls trade discussion with Xi “positive,” weighing on safe-haven…
Oil corrects lower following a 3.5% rally over the last two days. US Dollar’s recovery from six-week lows is weighing on Crude prices. Geopolitical tensions…
The EUR/GBP slides to moving average support, with prices edging closer to the 0.8400 psychological level. The Eurozone’s preliminary inflation figures came in below estimates,…
The US Dollar is regaining lost ground as trade war fears ease. Swiss CPI contracted in May, which almost confirms an SNB cut in June.…
The Eurozone Harmonized Index of Consumer Prices (HICP) rose at an annual pace of 1.9% in May after increasing by 2.2% in April, the official data released by…
China’s official Manufacturing Purchasing Managers’ Index (PMI) rose to 49.5 in May, compared to 49.0 in the previous reading. The reading came in line with…
EUR/USD trims gains as the US Dollar finds support ahead of the PCE inflation data release. A US federal court reversed the previous day’s sentence…
Late yesterday, a US court blocked a large part of President Trump’s tariff plans, striking down reciprocal and fentanyl-related tariffs. The USD responded positively to…
EUR/USD is retracing previous losses after dropping to 1.1213 lows. A US court decision to block trade tariffs sent the US Dollar rallying during the…
GBP/USD eases from three-year high as US Dollar steadies on trade hopes The British Pound (GBP) edges lower against the US Dollar, retreating from a three-year…