QuantumScape (QS), the leading commercial developer of solid-state batteries, has now rallied for nine consecutive sessions. This has led the battery maker to a new…
Pound Sterling reclaims three-year high against USD after Israel-Iran ceasefire The Pound Sterling (GBP) extends its Monday’s upside move to near 1.3630 against the US…
The EUR/USD holds firm above 1.1550 as the US Dollar Index (DXY) slips back below 98.00. Weak Empire State Manufacturing Index deepens Dollar pressure; Eurozone…
Risk aversion and hopes of Fed cuts are punishing the USD.Markets are growing sceptical about Trump’s ability to cut significant trade deals.Recent Fed-ECB divergence is…
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…
The British Pound slips from a three-year high amid a modest rebound in the US Dollar. GBP/USD trades near 1.3500, down nearly 0.50% on the…
GBP/USD breaks above 1.3500 and trades near 1.3538, the highest level since February 2022. UK Retail Sales jump 1.2% MoM and 5% YoY in April,…
Pound Sterling retreats from three-year highs on expectations of a decline in the manufacturing sector. The US Dollar remains vulnerable ahead of PMI, Jobless Claims,…
The Australian Dollar strengthened after Prime Minister Anthony Albanese secured a second three-year term in the 2025 Federal Election. Australia’s Judo Bank Composite PMI came…
Australian Prime Minister Anthony Albanese has been re-elected as the country’s leader in a general election on Saturday, becoming the first in decades to secure…