Forex Market

US dollar closed this week’s trading with modest gains as it managed to make the best use of optimism around the future of trade between the two largest economies all over the world after USA and China announced an agreement on temporary tariffs cut for 90 days. Dollar gains were …

Gold prices are tumbling, with the precious metal dropping to around $3,180 and heading for a weekly loss exceeding 4%, the steepest since November 2024. Having shed over $300 from its April peak of $3,500, gold is grappling with fading safe-haven demand and intensifying technical selling. The decline reflects a …

The GBP/USD currency pair slipped below the 1.33 mark, ending the week with a modest loss of over 0.24%, as the U.S. dollar gained strength amid deteriorating consumer sentiment and rising inflation expectations in the United States. With no major economic data released in the UK on Friday, the pound …

The EUR/USD currency pair is facing a notable decline as the U.S. dollar strengthens following the release of preliminary University of Michigan survey data for May, which revealed a rise in U.S. consumer inflation expectations to 7.3% annually, up from 6.5% in April. This uptick bolstered the dollar, pushing the …

The Trump administration unveiled a series of high-profile deals spanning the AI and energy sectors with the United Arab Emirates (UAE) on Thursday, May 15, 2025, at 11:03 PM +04, sparking optimism about economic collaboration. However, despite the enthusiastic tone from administration sources, many of these agreements appear to be …

US Treasury bond yields began to decline on Thursday, May 15, 2025, at 10:30 PM +04, as fresh economic data revealed a notable easing of inflationary pressures in April, shifting market sentiment during the early trading session. The 10-year Treasury note yield dropped to 4.456% from its previous close of …

The Euro (EUR) faced renewed pressure against both the Japanese Yen (JPY) and the US Dollar (USD) on Thursday, at 08:31 PM +04, as the EUR/JPY pair dropped 0.5% to hover around 163.00, marking its second consecutive session of declines, while EUR/USD held steady near 1.1200 with minor gains. This …

Economic growth in the Eurozone fell short of expectations in the first quarter of 2025, with GDP rising by a modest 0.3% compared to the previous quarter, according to official data released on May 15, 2025, at 07:44 PM +04. This figure, slightly below the initial estimate of 0.4% reported …

U.S. stock index futures slipped on Thursday, easing from a strong week-to-date rally as investors awaited fresh inflation readings and retail sales data that could shape the Federal Reserve’s next move on interest rates. At 05:50 ET (09:50 GMT), Dow Jones Futures fell 135 points, or 0.3%, while S&P 500 …

The US Dollar (USD) staged a recovery on Wednesday, May 14, 2025, at 11:36 PM +04, climbing past the 101.00 mark on the Dollar Index (DXY) as investors dialed back on riskier assets, bolstered by optimism surrounding US trade policies. This uptick occurred despite renewed market expectations for Federal Reserve …