Forex Market

The trade relationship between the United States and China, the world’s two largest economies, remains under heavy strain despite a temporary and fragile truce. While both sides continue negotiations, deep disagreements over tariffs, technology, and industrial policy keep tensions alive and unresolved. The outcome of this rivalry carries major consequences …

Currency carry trades are enjoying their strongest performance in years as investors return to high-yielding major currencies, taking advantage of widening interest rate differentials across developed economies and calmer financial markets despite ongoing geopolitical tensions.The strategy — which involves buying currencies with higher interest rates while selling lower-yielding ones — …

The British Pound extended its sharp decline on Friday, heading toward its fourth consecutive daily loss as growing political uncertainty in the United Kingdom weighed heavily on investor confidence.The selloff intensified amid mounting pressure on Prime Minister Keir Starmer following reports of internal divisions within the Labour government and speculation …

The Euro weakened further against the US Dollar on Friday, with the EUR/USD pair falling toward its lowest level in nearly a month as investors increased bets that the Federal Reserve will maintain a hawkish stance amid persistent inflation pressures and rising energy costs.EUR/USD traded around 1.1626 during late-session activity, …

Key Takeaways Sharp Friday gains: Brent crude rose 2.8% to $108.65 per barrel, while WTI surged 3.4% to $104.60. Massive weekly jump: Both contracts on track for 7-10% weekly gains. Trump’s hawkish bombshell: The president declared “the military decimation of Iran (to be continued!)” on Truth Social. Patience running out: …

Key Takeaways Second round concluded: Trump and Xi wrapped their second round of talks Friday, per Chinese media. Progress claimed: Xi said both sides marked progress toward building a more constructive U.S.-China relationship. Communication strengthened: Both leaders agreed to enhance coordination on key issues. “Series of new consensus”: China’s foreign …

Key Takeaways Futures fall sharply: S&P 500 futures dropped 1.1% to 7,440.50, Nasdaq 100 futures slid 1.5%, and Dow Jones futures fell 0.6%. Chip export disappointment: USTR Jamieson Greer said chip export controls were “not a major topic” in U.S.-China talks. Nvidia premarket drop: Shares fell 1.2% after surging to …

Key Takeaways Sharp decline: Spot gold fell 1.6% to $4,578.74 per ounce, while U.S. gold futures slipped 2.1% to $4,585.87. Weekly carnage: Bullion is down roughly 3% for the week — four straight sessions of losses. Silver crashes: Silver prices plunged 5.2% to $79.13 per ounce. Platinum slips: Platinum dropped …

Key Takeaways Strong gains: Brent crude rose 1.9% to $107.69 per barrel, while WTI advanced 2.2% to $103.40. Massive weekly jump: Both contracts on track for 6-8% weekly gains. Trump’s hawkish turn: The president signaled “the military decimation of Iran (to be continued!)” on Truth Social. Patience running out: “I …

Key Takeaways Energy deal: Trump says China has agreed to buy U.S. oil and energy after talks with Xi in Beijing. Texas, Louisiana, Alaska: Chinese ships will reportedly head to those U.S. states to load crude. China’s “insatiable appetite”: Trump cited Beijing’s massive energy needs as the driving force. Boeing …