WTI lacks firm intraday direction, though it remains on track to register weekly gains. The US-China trade talks raise hopes for fuel demand growth and…
AUD/USD rises for the second consecutive day, trading near 0.6514; up 1.20% this week. Australian trade surplus narrows, weaker exports partly offset by upbeat China…
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…
EUR/USD trims intraday spike after Lagarde hints at nearing end of easing cycle. The ECB lowers rates to 2% as expected, but its statement suggests…
USD/CHF trades cautiously around 0.8200, while investors await key US NFP data for May. Disappointing US ADP Employment and ISM Services PMI data for May…
GBP/USD rebounds despite strong US NFP report, market doubt immediate Fed cuts The Pound Sterling (GBP) is advancing for the first time in the last…
US Dollar Index slips toward 99.50 after rejection at 100.00. Nonfarm Payrolls beat forecast, but revisions and context weaken momentum. China tariff headlines add pressure…
April Nonfarm Payrolls beat consensus at 177K; Unemployment Rate steady at 4.2%, easing recession concerns. Trump pressures Fed to cut rates despite upbeat data; CBOT…
USD/CHF slumps to near 0.8230 as the US Dollar extends its initial losses despite the release of the upbeat US NFP data for April. US…
US adds 177K jobs in April, beating forecasts but trailing March’s revised print of 185K. Trump pressures Fed to cut rates, though data may delay…