Forex Market

The U.S. dollar edged lower in early Tuesday trade, giving back some of its sharp gains from the prior session, as investors remained upbeat following a tariff pause agreement between Washington and Beijing. The deal, which marked a significant de-escalation in trade tensions between the world’s two largest economies, helped …

The US Dollar kicked off the trading week with a robust rally on May 13, 2025, climbing close to a five-week peak as optimism from successful US-China trade talks over the weekend lifted global markets. The Dollar Index (DXY) surged to just shy of 102.00, driven by renewed confidence in …

The President of the Federal Reserve Bank of Chicago, Austan Goolsbee, expressed a cautious outlook on Monday, May 12, 2025, regarding the unpredictable trade policies emanating from the Trump administration, as detailed in his interview with the New York Times. Goolsbee highlighted how the frequent shifts in tariffs and trade …

Brent Crude soared above $65 per barrel on May 12, 2025, climbing 2.37% to $65.40, fueled by a US-China 90-day tariff suspension that sparked a wave of risk-on sentiment across global markets. The temporary trade détente, easing tensions between the two economic giants, has bolstered expectations for stronger oil demand, …

The EUR/USD pair plummeted past 1.1100 on May 12, 2025, as the US Dollar surged following a landmark US-China agreement to slash tariffs by 115% for 90 days, a move unveiled after intense Geneva negotiations. This interim trade ceasefire, aimed at curbing soaring consumer inflation fears, propelled the US Dollar …

In a significant step toward easing trade tensions, the United States and China announced on Monday a 90-day pause on escalating tariffs, marking a rare moment of collaboration between the world’s two largest economies. The agreement includes mutual reductions in import duties, providing a temporary reprieve from a standoff that …

The U.S. dollar strengthened on Monday against traditional safe-haven currencies as weekend trade discussions between Washington and Beijing helped soothe global market nerves. Investors were also buoyed by signs of easing geopolitical tensions, while eyes now turn to key U.S. economic data this week for further direction. Trade Progress Lifts …

Oil prices advanced on Monday as upbeat signals from U.S.-China trade negotiations boosted sentiment across global markets, raising hopes that the world’s two largest crude consumers may be moving closer to resolving their prolonged tariff dispute. Brent crude futures climbed 43 cents, or 0.67%, to $64.34 a barrel by 05:00 …

US Dollar closed the week higher, making use of a number of developments, including reaching a trade deal between USA and UK and announcing a starting point of trade talks between Washington and Beijing this weekend. The currency also soared after Federal Reserve Bank kept rates unchanged in May meeting …

The USD/JPY pair retreated to 145.00 on May 9, 2025, after failing to sustain gains above a one-month high of 146.20, driven by a softening US Dollar and mixed economic signals from the US. Japan’s robust March household spending data, up 2.10% year-over-year, bolstered the yen, while US stagflation fears …