The US Dollar retreated from its near-monthly peak on May 9, 2025, as a wave of stock buying swept through the New York Stock Exchange, draining market liquidity and shifting investor focus. Amid this shift, comments from Federal Reserve officials, including New York Fed President John Williams, hinted at a …
Read More »Oil set for weekly gain on Easing Trade Tensions, UK Deal Boosts Sentiment
Oil prices extended gains on Friday, with benchmarks poised to end the week higher as optimism around easing U.S.-China trade tensions and a newly announced U.S.-U.K. trade framework lifted market sentiment. Brent crude futures rose by 83 cents, or 1.3%, to $63.27 a barrel by 09:05 GMT, while U.S. West …
Read More »Gold Rebounds as Market Eyes U.S.-China Trade Talks Following UK Framework Deal
Gold prices edged higher in Asian trading on Friday, recovering from two days of sharp declines, as investors remained cautious ahead of scheduled U.S.-China trade talks and assessed the limited impact of a newly signed trade framework between the United States and the United Kingdom. Spot gold rose 0.4% to …
Read More »US-UK Trade Pact Ignites Treasury Yield Surge and Global Growth Hopes
A landmark US-UK trade agreement, unveiled on May 8, 2025, sparked a surge in US Treasury yields and renewed optimism for global economic growth, despite lingering tariff uncertainties. The deal, announced by President Donald Trump during a call with UK Prime Minister Keir Starmer, sets a 10% tariff baseline on …
Read More »Dollar Stays Firm After US-UK Trade Pact and Tariff Talks
The US Dollar held steady near 100.00, supported by a new US-UK trade agreement and robust economic data, despite lingering tariff concerns. The Federal Reserve’s recent decision to maintain rates at 4.25%-4.50% and global monetary policy shifts also shaped market dynamics, while upcoming US-China trade talks added to the mix. …
Read More »Trade Deal Hopes Send Canadian Dollar Tumbling
The Canadian Dollar experienced a significant downturn on Thursday, weakening by 0.66% against the resilient US Dollar. This decline marks a second consecutive day of losses for the Loonie, primarily fueled by growing market optimism surrounding potential trade deal advancements, particularly the recently announced agreement in principle between the United …
Read More »Trump’s US-UK Trade Win Needs Fed’s Jet Fuel, Eyes China Tariff Relief
On May 8, 2025, President Donald Trump celebrated a landmark US-UK trade agreement, boosting market access and economic ties, while signaling potential tariff reductions with China ahead of crucial weekend talks. Criticizing Federal Reserve Chair Jerome Powell for holding rates steady, Trump argued that rate cuts would provide “jet fuel” …
Read More »Pound Surges on US-UK Trade Deal and BoE’s Hawkish Cut, Defying Fed’s Steady Hand
The Pound Sterling rallied, with GBP/USD climbing 0.15% to 1.3300, fueled by a new US-UK trade agreement and a hawkish Bank of England (BoE) rate cut to 4.25%. Despite robust US jobless claims data, the US Dollar struggled, as the Federal Reserve’s decision to hold rates at 4.25%-4.50% underscored tariff-driven …
Read More »Trump’s Trade Triumph: UK Deal Boosts Beef, Ethanol, and Economic Alignment
President Donald Trump made a flurry of remarks on Thursday, highlighting what he described as a major breakthrough in trade relations with the United Kingdom.Key TakeawaysJust concluded rare earth deal with Ukraine. Speaking with Zelenskiy soon. Reached breakthrough deal with UK. UK agreement increases access for beef, ethanol. UK will …
Read More »Dollar Climbs as Fed Flags Stagflation Risks; Traders Push Back Rate Cut Expectations
The U.S. dollar advanced on Thursday, building on prior gains after the Federal Reserve highlighted growing stagflation risks in the U.S. economy, prompting markets to reassess expectations for near-term interest rate cuts. At 04:10 ET (08:10 GMT), the U.S. Dollar Index, which tracks the performance of the greenback against six …
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