Forex Market

The US labor market stood tall in April, shrugging off the shockwaves from President Donald Trump’s “Liberation Day” tariff announcement. With stronger-than-expected job growth and steady unemployment, the latest data paints a picture of resilience amid trade policy turbulence. As markets rally and investors reassess economic risks, the April jobs …

The U.S. dollar extended its recovery on Thursday, posting broad gains as optimism grew over potential tariff agreements between Washington and several of its key trading partners. While trading volumes were thinner due to the May Day holiday across many global markets, the greenback saw renewed technical buying after being …

Oil prices gained ground in Asian trading on Friday as signs of a potential thaw in U.S.-China trade tensions revived some optimism in the energy markets. China’s Commerce Ministry said it was open to engaging in trade discussions with the United States, helping crude rebound from recent losses. At 02:11 …

The Euro is under siege, tumbling against a resurgent US Dollar as markets navigate trade war developments and mixed economic signals. On Thursday, May 2, 2025, the EUR/USD pair dipped to 1.1290, extending its decline amid thin European liquidity due to Labor Day closures. With the Dollar buoyed by trade …

The U.S. Non-Farm Payroll (NFP) report, due May 2, 2025, will gauge the labor market’s strength as Trump’s tariffs—145% on Chinese imports and levies on Canada and Mexico—threaten economic stability. Despite rising jobless claims, the jobs picture may hold steady, boosting the dollar. This article unpacks NFP expectations, grounds the …

The GBP/USD pair dipped to 1.3295 on May 1, 2025, down 0.25%, as shifting risk sentiment and divergent monetary policies weigh on the pound. With UK manufacturing faltering and U.S. tariff policies stoking inflationary fears, the dollar is gaining traction. This article dissects the fundamental drivers behind the pair’s decline, …

The EUR/USD pair is consolidating around 1.1300 as of May 1, 2025, reflecting a pause in its recent ascent. Despite short-term technical hesitation, the euro’s bullish trend remains robust, driven by diverging economic and policy developments in the Eurozone and the United States. This article analyzes the fundamental factors shaping …

The Bank of Japan (BOJ) left interest rates unchanged on Thursday, as expected, but issued a notably more cautious economic outlook for 2025 due to growing global trade risks, particularly from U.S. tariff policies. At the conclusion of its two-day policy meeting, the BOJ maintained its short-term benchmark interest rate …

Oil prices held steady on Thursday following a steep decline, as investors weighed Saudi Arabia’s willingness to tolerate lower prices, a potential increase in OPEC+ production, and weak U.S. economic data pointing to recession risks. Brent crude futures slipped 6 cents, or 0.1%, to $61.00 a barrel by 07:30 GMT. …

Gold prices slumped further in Asian trading on Thursday, falling for a third consecutive session, as renewed optimism around potential U.S. trade deals sapped safe-haven demand for the precious metal. Spot gold fell 1.5% to $3,240.30/oz, while June futures lost 2.1% to $3,248.64/oz—marking their lowest levels since mid-April. 🔍 Key …