Gold boosted by April’s unexpected PPI drop fuels Fed rate cut speculation. Retail Sales slow sharply to 0.1% as tariffs weigh on consumer spending, hinting…
USD/CAD trims its intraday losses as the Canadian Dollar weakens amid falling crude Oil prices. WTI continued its downward trend, sliding nearly 3% on Thursday…
The British pound initially pulled back a bit against the Japanese yen, but it has found support at the 195 yen level. This is an…
EUR/USD inched back toward the 1.1200 handle amid general USD weakness on Tuesday. Market sentiment is climbing in the face of possible trade deals that…
XAU/USD climbs toward $3,250 as soft US inflation data boosts sentiment, but Fed stance caps gains. April CPI misses slightly, easing US Dollar pressure with…
GBP/USD rebounds on soft CPI, boosting Fed cut bets The Pound Sterling (GBP) recovered from Monday’s losses and climbed over 0.35% against the US Dollar (USD) after…
Germany’s ZEW Economic Sentiment Index bounced back to 25.2 in May. EUR/USD consolidates recovery gains above 1.1100 after German and Eurozone ZEW surveys. The headline German ZEW…
EUR/USD may lose its ground as the US Dollar receives support from easing trade tensions. President Trump announced a “major” trade deal with the United…
AUD/JPY advances with the shift in sentiment following renewed optimism surrounding US-China trade relations. Top diplomats from the US and China are scheduled to meet…
Here is what you need to know on Thursday, May 8: The US Dollar (USD) gathers strength against its rivals early Thursday as investors digest…