Pound Sterling declines amid growing concerns over UK labor market
The Pound Sterling trades lower against its risky peers as the UK labor market cools. UK employers have adjusted their HR policies following an increase in contribution to social security…
Pound Sterling refreshes three-week low against US Dollar ahead of US-UK CPI data
The Pound Sterling extends its downside against its peers amid growing UK economic risks. US President Trump imposes 30% tariffs on imports from the Eurozone and Mexico, keeping markets risk-averse.…
USD/CAD eases from 1.3700 Fed cuts hopes, higher Oil prices
The US dollar retreated across the board as the FOMC minutes heightened rate cut hopes for this year. Futures markets are pricing a 72% chance of at least a 25…
Commodity Currencies Slide Amid Risk-off Mood
(RTTNews) – The commodity-linked currencies such as the Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Monday, as Asian stock…
EUR/USD Technical Outlook for May 19, 2025
Technical Analysis: EUR/USD Remains in Uptrend As of May 19, 2025, the EUR/USD pair is trading around 1.0932, maintaining its position above key moving averages, indicating a sustained bullish trend.…
EUR/USD faces pressure as US Dollar ticks higher, US-UK trade deal in focus
EUR/USD edges down below 1.1300 as the US Dollar strengthens after the Fed said it is in no rush to cut interest rates. US President Trump is set to unveil…
Pound Sterling trades mixed amid holiday in UK markets, Fed-BoE policy in focus
The Pound Sterling ticks higher against the US Dollar at the start of Fed-BoE monetary policy announcements on Wednesday and Thursday. The Fed is expected to leave interest rates steady,…
Australian Dollar Rises on Renewed Global Risk Appetite After US Tariff Exemptions
The Australian Dollar gained strength following President Trump’s decision to exclude certain key technology products — some originating from China — from the newly announced “reciprocal” tariffs The RBA meeting…
Silver Price Outlook: Trade War Jitters Propel XAG/USD Beyond $30.00
Silver prices achieve lost soil at nearly 30.05 USD, increasing by 1.80% per day. Concerns about the tariff war and potential global recession will boost the flow of safe havens…
Gold Price Outlook: XAU/USD Steady Above $2,900 Amid Economic Uncertainty, Soft US Jobs Data
In the early Asian sessions, gold prices will be higher to around 2,915 US dollars on Monday. Global uncertainty and Trump’s tariff risks support gold prices. The weaker US jobs…
