Forex Market

The US Dollar (USD) weakened against the Japanese Yen (JPY) on July 16, 2025, as the USD/JPY pair retreated from an intraday high of 149.19 to hover near 148.00, with resistance solidifying around the 149.00 mark. The dollar’s pullback was driven by mounting speculation over President Donald Trump’s potential move …

The GBP/USD pair surged 0.55% to 1.3454, propelled by a weaker-than-expected US Producer Price Index (PPI) and heightened market uncertainty surrounding President Donald Trump’s reported consideration of firing Federal Reserve Chairman Jerome Powell. The US Dollar Index (DXY), which tracks the dollar’s strength against a basket of major currencies, fell …

On a tense Wednesday afternoon in the Oval Office, President Donald Trump stirred controversy by consulting Republican lawmakers on a drastic potential action: firing Federal Reserve Chairman Jerome Powell. Sources familiar with the closed-door meeting revealed that Trump directly asked House members for their opinions on removing the central bank’s …

Annual PPI for Final Demand: The PPI for final demand rose 2.3% year-on-year in June, marking a slight slowdown from the 2.6% increase recorded in May. This reading came in below the market expectation of 2.5%. Core PPI (excluding food and energy): The annual core PPI increased by 2.6% in …

Gold prices rose slightly on Wednesday, recovering some overnight losses after stronger-than-expected U.S. consumer inflation data boosted the dollar and dampened expectations of near-term interest rate cuts. However, ongoing uncertainties surrounding U.S. trade tariffs, the Federal Reserve’s independence, and geopolitical tensions continued to support demand for safe-haven assets like gold. …

Silver has decisively broken through critical resistance levels, signaling the official onset of a robust bull market. Analysts pinpoint a convergence of bullish technicals, tightening supply-demand dynamics, and a pronounced historical undervaluation, all propelling silver towards a potential retest of its $50 per ounce historical high.While gold consistently hit records, …

On Tuesday, July 15, U.S. President Donald Trump unleashed a remarkable array of trade moves, tariff threats, and economic demands, shaking up global markets. From securing a massive trade deal with Indonesia to pushing for access to India’s vast market, Trump kept the world on edge. He also issued a …

The British Pound is gaining ground against the Japanese Yen, with GBP/JPY hovering near 199.30 on Tuesday, buoyed by diverging central bank policies and Yen weakness. As markets brace for UK inflation data and looming US-Japan trade talks, the pair faces a critical test—can it push past key levels or …

Equity markets experienced mixed performance as key economic indicators and significant policy developments influenced investor sentiment. The Consumer Price Index (CPI) indicated accelerating inflation in June, major banks commenced earnings season with varied results, and a notable shift in trade policy regarding artificial intelligence (AI) chips emerged, prominently featuring Nvidia. …

The US Dollar is on a tear, with the Dollar Index (DXY) climbing above 98.70 — its strongest level in weeks — as fresh inflation data from June casts doubt on imminent interest rate cuts by the Federal Reserve. The Consumer Price Index (CPI) report revealed a sharper-than-expected rise in …