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US Dollar Index Price Forecast: Outlook remains bearish, key support level emerges near 100.00

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, retreats from its highest level since April 10 to 101.60 during the early European trading hours on Tuesday.
New
update2025.05.13 15:47

US Treausry Sec. Bessent: Talks in Geneva with China resulted in a mechanism to avoid escalation

US Treasury Secretary Scott Bessent said on Tuesday that "talks in Geneva with China resulted in a mechanism to avoid escalation."
New
update2025.05.13 15:37

Palladium price today: Rare metals advance at the start of the European session

Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Tuesday, according to FXStreet data. Palladium (XPD) changes hands at $951.00 a troy ounce, with the XPD/USD pair advancing from its previous close at $949.90.
New
update2025.05.13 15:33

UK Unemployment Rate ticks up to 4.5% in the quarter to March, as expected

The United Kingdom's (UK) ILO Unemployment Rate edged higher to 4.5% in the three months to March after reporting 4.4% in the quarter to February, data published by the Office for National Statistics (ONS) showed on Tuesday. The market forecast was for a 4.5% reading in the reported period.
New
update2025.05.13 15:17

Crude Oil price today: WTI price bearish at European opening

West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $61.53 per barrel, down from Monday's close at $61.60.
New
update2025.05.13 15:03

ECB to stand by past stimulus policies in strategy review - Reuters

Several European Central Bank (ECB) policymakers told Reuters on Tuesday that the "ECB review will largely endorse past policies, including quantitative easing (QE), despite some policymakers' criticisms."
New
update2025.05.13 14:39

US will cut "de minimis" tariffs on China shipments from 120% to 54%

Citing a White House executive order, Reuters reported on Tuesday that the US will cut "de minimis" tariffs on China shipments from 120% to 54%, with a minimum flat fee of $100 to remain.
New
update2025.05.13 14:33

USD/CHF drops below 0.8450 as US Dollar struggles ahead of inflation data

USD/CHF retreats after posting more than 2% gains in the previous session, trading around 0.8430 during the Asian hours on Tuesday. The pullback comes as the US Dollar (USD) softens, possibly due to a technical correction.
New
update2025.05.13 14:25

GBP/USD jumps to near 1.3200 ahead of UK employment, US CPI releases

The GBP/USD pair climbs to near 1.3195 during the early European session on Tuesday. The Pound Sterling (GBP) edges higher against the Greenback due to positive developments surrounding the US and the UK trade agreement last week.
New
update2025.05.13 14:03

India Gold price today: Gold steadies, according to FXStreet data

Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.
New
update2025.05.13 13:36

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