Forex Market

The Pound Sterling (GBP) is riding a wave of strength, climbing to near 1.3390 against a cautious US Dollar as markets grapple with uncertainty surrounding US-China trade talks. Beijing’s firm denial of President Trump’s claims of ongoing trade discussions with China’s Xi has cast a shadow over global markets, contributing …

Gold prices extended their recent declines in Asian trading on Monday, moving further away from last week’s record highs, as signs of easing trade tensions between the U.S. and China reduced demand for safe-haven assets. Spot Gold fell 0.8% to $3,292.75 per ounce as of 01:54 ET (05:54 GMT). Gold …

The Bank of Japan (BOJ) is widely expected to leave interest rates unchanged at its policy meeting concluding on Thursday, while warning of mounting risks to the fragile Japanese economy stemming from U.S. tariff escalation. Governor Kazuo Ueda signaled last week in Washington that while the BOJ remains committed to …

US dollar managed to grasp confidence of investors gradually after positive developments of a potential trade deal between Washington and Beijing throughout last trading week. The possibility to de-escalate trade war between USA and China after increased US president Donald Trump said that the huge tariffs on China could be …

Gold prices took a sharp dive below the $3,300 threshold, shedding over 1.60% to trade at $3,294, as fading hopes for a US-China trade resolution bolstered the US Dollar. Despite a dip in US Treasury yields and a slightly softer US Dollar Index (DXY), which edged up 0.23% to 99.51, …

The US Dollar gained ground on Friday, with the US Dollar Index (DXY) rising 0.37% to hover near 99.65, as markets grappled with conflicting signals on US-China trade negotiations. Optimism sparked by suggestions of ongoing dialogue and potential tariff relief was quickly tempered by China’s firm denial of any active …

In a recent address, US President Donald Trump offered a conciliatory tone regarding the nation’s tariff policies, suggesting a willingness to adopt a more “reasonable” approach. This statement comes amidst ongoing market fluctuations and heightened global economic tensions. Trump further asserted that markets are adapting to the current tariff landscape, …

The Pound Sterling struggled to find its footing against a resilient US Dollar, dipping 0.20% to trade at 1.3311, despite a surprisingly strong UK Retail Sales report. The robust data failed to bolster GBP/USD, which held above the critical 1.3300 level but couldn’t shake off broader market pressures. Meanwhile, US …

Consumer sentiment in the US took a nosedive in April, marking the steepest decline since the 1990 recession, driven by chaos from ongoing trade policies. A key index tracking Americans’ financial outlooks plummeted 32% since January, reflecting widespread unease.The consumer sentiment index dropped to 52.2 in April from 57 in …

Gold prices edged lower in Asian trading on Friday, retreating from this week’s record highs as risk appetite improved following signals of potential deescalation in the U.S.-China trade conflict and upbeat earnings from major tech firms. However, the metal remained well-supported near its all-time peak amid lingering geopolitical and economic …