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The U.S. dollar slipped slightly in early European hours on Friday, though it remained on track for a modest weekly gain, supported by lessened trade tensions and expectations that the Federal Reserve will hold off on cutting interest rates in the near term. At 04:30 ET (08:30 GMT), the U.S. …

European equity markets rose on Friday, buoyed by optimism that the newly signed trade framework between the United States and the United Kingdom could serve as a model for future agreements, potentially easing global trade tensions. At 03:10 ET (07:10 GMT), the DAX in Germany and the CAC 40 in …

Gold prices edged higher in Asian trading on Friday, recovering from two days of sharp declines, as investors remained cautious ahead of scheduled U.S.-China trade talks and assessed the limited impact of a newly signed trade framework between the United States and the United Kingdom. Spot gold rose 0.4% to …

Oil prices extended gains on Friday, building on a sharp rally in the prior session, as easing trade tensions between the United States and China and a fresh trade agreement between the U.S. and Britain lifted market sentiment. However, concerns over increased OPEC+ supply and geopolitical risks in South Asia …

Gold prices dropped nearly 4% over two days to $3,305, retreating from a Tuesday peak above $3,400, as optimism from a US-UK trade deal fueled risk appetite and strengthened the US Dollar. The US Dollar Index (DXY) surged 0.85% to 100.71, pressuring precious metals, while the Federal Reserve’s steady rate …

A landmark US-UK trade agreement, unveiled on May 8, 2025, sparked a surge in US Treasury yields and renewed optimism for global economic growth, despite lingering tariff uncertainties. The deal, announced by President Donald Trump during a call with UK Prime Minister Keir Starmer, sets a 10% tariff baseline on …

The US Dollar held steady near 100.00, supported by a new US-UK trade agreement and robust economic data, despite lingering tariff concerns. The Federal Reserve’s recent decision to maintain rates at 4.25%-4.50% and global monetary policy shifts also shaped market dynamics, while upcoming US-China trade talks added to the mix. …

The Canadian Dollar experienced a significant downturn on Thursday, weakening by 0.66% against the resilient US Dollar. This decline marks a second consecutive day of losses for the Loonie, primarily fueled by growing market optimism surrounding potential trade deal advancements, particularly the recently announced agreement in principle between the United …

On May 8, 2025, President Donald Trump celebrated a landmark US-UK trade agreement, boosting market access and economic ties, while signaling potential tariff reductions with China ahead of crucial weekend talks. Criticizing Federal Reserve Chair Jerome Powell for holding rates steady, Trump argued that rate cuts would provide “jet fuel” …

The Pound Sterling rallied, with GBP/USD climbing 0.15% to 1.3300, fueled by a new US-UK trade agreement and a hawkish Bank of England (BoE) rate cut to 4.25%. Despite robust US jobless claims data, the US Dollar struggled, as the Federal Reserve’s decision to hold rates at 4.25%-4.50% underscored tariff-driven …