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GBP/USD Price Forecast: Rally pauses near 1.3300

The GBP/USD pair ticks lower to near 1.3230 during European trading hours on Thursday. The Cable edges lower as the US Dollar (USD) attracts some bids on meaningful progress in trade talks between the United States (US) and Japan.
New
update2025.04.17 20:13

Gold off from fresh all-time highs on progress in US-Japan trade talks

Gold price (XAU/USD) corrects slightly to near $3,312 in Thursday's European session after hitting a fresh all-time high of $3,358 earlier in the day.
New
update2025.04.17 20:02

JPY bulls should be cautious about the US-Japan trade talks - DBS

Japan pushes back on US tariff demands, citing economic harm and insisting on separate FX talks, DBS' FX strategist Philip Wee reports.
New
update2025.04.17 19:52

US Pres. Trump: Powell of Fed is always too late and wrong

US President Donald Trump accused Federal Reserve (Fed) Chairman Jerome Powell of being "too late and wrong" in a post on Truth Social on Thursday.
New
update2025.04.17 19:50

CAD: On hold with little guidance possible - MUFG

On a day in which the US Dollar (USD) sold off across G10, the Canadian Dollar (CAD) advanced by 0.7% yesterday helped in part by the decision of the Bank of Canada to hold off from cutting rates again - the first pause from the BoC since the beginning of the easing cycle in June last year.
New
update2025.04.17 19:49

US Dollar slides, but support holds ahead of holiday break - DBS

Despite the DXY Index's 1% fall to a three-year low of 99.26 overnight, we are cautious and mindful that the DXY has yet to break below the intra-day low of 99 seen on April 11, DBS' FX strategist Philip Wee reports.
New
update2025.04.17 19:43

EUR/USD holds below 1.1473 despite 1% rebound - DBS

EUR/USD rebounded 1% overnight but remains below last Friday's 1.1473 high. The ECB is expected to cut rates by 25bps to 2.25%, and President Lagarde is expected to flag euro strength and US tariffs as key disinflationary risks, DBS' FX strategist Philip Wee notes.
New
update2025.04.17 19:12

USD: JPY weakens on trade deal optimism - MUFG

The US Dollar (USD) weakened into the close of trading on Wednesday but has rebounded helped in part by optimism over the pace in which the US might be willing to reach deals with key trading partners.
New
update2025.04.17 19:07

NZD: Renewed rise in inflation not a problem - Commerzbank

In New Zealand, a CPI indicator is published every month, but these monthly figures only cover the prices of around 44% of the basket of goods and services, Commerzbank's FX analyst Volkmar Baur notes.
New
update2025.04.17 18:58

Powell flags trade tariff risks, signals cuts still in play - UBS

Federal Reserve Chair Powell noted US President Trump's trade taxes would raise inflation and lower economic growth. Markets have already worked this out, but Powell saying it has policy implications.
New
update2025.04.17 18:54

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