Forex Market

The Russian rouble strengthened past the 81 mark against the U.S. dollar on Thursday, reaching its highest level since June 28, 2024, as climbing oil prices and geopolitical optimism fueled investor demand for the currency. As of 09:00 GMT, the rouble was trading 1.5% higher at 80.90 per dollar in …

U.S. President Donald Trump said Thursday that China has made multiple overtures for renewed negotiations following Washington’s recent decision to raise tariffs on Chinese goods to 145%, and expressed confidence that a compromise between the two economic giants could still be reached. “We’re talking to China,” Trump told reporters. “We’ve …

Japan’s Nikkei 225 index rose 1.03% on Friday, closing at 34,730.28, marking its highest finish in two weeks and notching its strongest weekly performance since mid-January, as hopes grew for progress in U.S.-led trade negotiations. The index touched an intraday high of 34,758.97 before paring slightly into the close. The …

Oil prices surged more than 3% on Thursday, marking their strongest daily gain in weeks, as optimism over a potential U.S.-European Union trade deal and fresh U.S. sanctions on Iran stoked concerns about future supply constraints. Brent crude futures settled $2.11 higher, or 3.2%, at $67.96 a barrel West Texas …

In a spirited Oval Office press conference on April 17, 2025, President Donald Trump outlined an ambitious trade agenda, emphasizing new tariffs, ongoing negotiations with China, and a firm stance on keeping U.S. Steel under American control. His remarks underscored a protectionist approach, with a focus on bolstering domestic industries …

The US dollar gained ground on Thursday, buoyed by growing optimism surrounding a potential trade agreement between the United States and Japan. News of progress in trade negotiations has eased concerns over escalating tariffs, providing a much-needed boost to the greenback after recent volatility.President Donald Trump expressed confidence in the …

The U.S. dollar caught a breather on Thursday, finding some relief despite fluctuating risk sentiment in global markets. Investors turned their focus to renewed tensions between political leadership and the Federal Reserve, with calls for lower interest rates and criticism of the Fed’s current stewardship stirring the financial landscape. These …

Bitcoin (BTC) is hovering just below $85,000, caught in a holding pattern as tensions escalate between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell. The cryptocurrency market, already rattled by global trade uncertainties, faces fresh volatility following Trump’s reported discussions about ousting Powell, raising concerns over central bank …

The European Central Bank (ECB) has slashed interest rates for the seventh time in a year, bringing borrowing costs to their lowest since late 2022. This latest move, a unanimous 25-basis-point cut to 2.25% on April 17, 2025, marks the culmination of a series of reductions that began in June …

Gold prices slipped in Asian trading on Thursday, pulling back from fresh record highs as investors booked profits following a sharp rally, while hawkish signals from Federal Reserve Chair Jerome Powell tempered bullish sentiment across precious metals. Spot gold fell 0.7% to $3,320.56/oz Gold futures (June delivery) dropped 0.4% to …