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Breaking news

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Gold surges near $4,000 as US-China trade tensions ignite haven demand

Gold price rises during the North American session on Friday amid an escalation of the trade war between the US and China. This, the US government shutdown and expectation for further easing by the Federal Reserve (Fed) keep the yellow metal bid.
New
update2025.10.11 04:12

WTI Crude Oil collapses below $60 after Trump reignites US-China trade war fears

West Texas Intermediate (WTI) US Crude Oil prices collapsed below $60.00 per barrel on Friday, tumbling over 4% in Oil's worst single-day performance since June's sharp pullback.
New
update2025.10.11 03:41

Dow Jones Industrial Average tumbles as Trump reignites tariff talk

The Dow Jones Industrial Average (DJIA) soured sharply on Friday, plummeting to its lowest bids in nearly three weeks and declining over 900 points top-to-bottom after US President Donald Trump pulled out of trade talks with Chinese President Xi Jinping and vowed to sharply increase import tariffs o
New
update2025.10.11 03:06

Australian Dollar slumps to one-month low amid renewed US-China trade tensions

The Australian Dollar (AUD) slumps against the US Dollar (USD) on Friday, with AUD/USD plunging to over one-month lows after US President Donald Trump threatened a "massive increase" in tariffs on Chinese imports, reigniting fears of a renewed trade war between the world's two largest economies.
New
update2025.10.11 03:05

Fed's Musalem: A balanced approach to monetary policy only works if inflation expectations are anchored

Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem spoke about the United States (US) economy and monetary policy at a fireside chat before the Springfield Area Chamber of Commerce and Public policy speakers, stating that inflation is running high.
New
update2025.10.11 02:35

EUR/JPY retreats from record high as French political uncertainty weighs on Euro

The Euro (EUR) extends its pullback against the Japanese Yen (JPY) on Friday, with EUR/JPY losing 0.35% to 176.40 at the time of writing, after reaching an all-time high of 177.94 in the previous session.
New
update2025.10.11 02:13

Trump's tariff threat on China sinks US Dollar as market sentiment deteriorates

The US Dollar Index (DXY) drops by 0.48% to trade around 98.90 on Friday at the time of writing, extending its recent weakness as global investors react to a new escalation in trade tensions between the United States (US) and China.
New
update2025.10.11 01:34

EUR/USD steadies amid French political turmoil and prolonged US shutdown

The Euro (EUR) is showing signs of stabilization against the US Dollar (USD) on Friday, pausing a four-day losing streak as the Greenback softens modestly. At the time of writing, EUR/USD trades near 1.1588, up around 0.22% on the day, after dipping to a two-month low on Thursday.
New
update2025.10.11 00:39

GBP/USD tumbles to two-month low amid UK fiscal worries and US Dollar strength

GBP/USD retreats toward 1.3280 during Friday's US session, marking a fresh two-month low. The US Dollar (USD) remains firm, supported by increased safe-haven demand amid political uncertainty in Japan and France.
New
update2025.10.11 00:36

EUR/GBP steady near 0.87 amid French unrest and UK fiscal challenges

The EUR/GBP advanced on Friday but remained shy of the 0.8700 figure after hitting a daily high of 0.8725 earlier during the European session. France political turmoil and a stagnating economy in the UK, could keep the cross-pair trading within familiar levels of 0.8650-0.8750.
New
update2025.10.11 00:34

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