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EUR/USD bounces back amid uncertainty over upcoming US-China trade talks

EUR/USD rebounds to near 1.1260 during European trading hours on Friday from over a three-week low around 1.1200 earlier in the day. The major currency pair bounces back as the US Dollar (USD) retraces amid caution ahead of the trade talks between the United States (US) and China due on Saturday.
New
update2025.05.09 19:15

Fed's Barr: Policy in a good position to adjust as conditions unfold

Federal Reserve Governor Michael Barr said on Friday that the monetary policy is in a good position to adjust as conditions unfold, per Reuters.
New
update2025.05.09 19:07

Gold rebounds as Dollar retreats ahead of US-China trade talks this weekend

Gold (XAU/USD) pops just shy of 1% on Friday and heads back above $3,325 at the time of writing. The precious metal's price is edging higher as markets call the trade deal announced on Thursday between the United States (US) and the United Kingdom (UK)  a 'nothingburger'.
New
update2025.05.09 18:55

JPY: Wages disappoint again - Commerzbank

Data on wage developments in March was published in Japan this morning, and was rather disappointing overall once again, Commerzbank's FX analyst Volkmar Baur notes.
New
update2025.05.09 18:52

GBP: Bullish mood can continue - ING

The Pound Sterling (GBP) strengthened yesterday as the Bank of England sent some hawkish signals while cutting rates by 25bp. The announcement of the UK-US trade deal later in the day added some support to the pound, but that was short-lived, ING's FX analyst Francesco Pesole notes
New
update2025.05.09 18:48

USD: Plethora of Fed speakers to watch today - ING

It's been a good second half of the week for the dollar, mostly thanks to positive trade news and a hawkish Federal Reserve.
New
update2025.05.09 18:44

EUR/USD: Any decline could be limited to a test of 1.1185 - UOB Group

Further Euro (EUR) weakness is not ruled out vs US Dollar (USD); oversold conditions suggest any decline could be limited to a test of 1.1185. In the longer run, c in EUR toward 1.1145, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.05.09 18:40

USD: Much ado about little - Commerzbank

Yesterday afternoon, Donald Trump finally presented his first trade deal with the United Kingdom in the Oval Office. However, despite all the fanfare, it must be said that the substance was rather thin once again.
New
update2025.05.09 18:31

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
New
update2025.05.09 18:30

EUR: Starting to look towards 1.10? - ING

For most of the past couple of weeks, EUR/USD buyers emerged vehemently in the 1.1250-1.1300 area. The break lower seen yesterday is telling.
New
update2025.05.09 18:20

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