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Trump and Putin joint press conference ends with no deal

United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting in Alaska late Friday, with both parties delivering mutually inconclusive statements.
update2025.08.16 08:20

NZD/USD Price Analysis: Reversal points to weekly losses as bears regain control

The New Zealand Dollar halted its rally and turned negative, poised to finish 0.49% down in the week, after failing to clear key resistance levels, which paved the way for a drop towards the weekly lows near 0.5900. The NZD/USD trades at 0.5923, down 0.09%.
update2025.08.16 04:24

Donald Trump lands in Alaska ahead of Putin meeting

United States (US) President Donald Trump has landed in Alaska, as he gears up for his sit-down meeting with Russian President Vladimir Putin to negotiate a peace deal between Russia and Ukraine. Ukrainian President Volodimir Zelenskiy is not in attendance.
update2025.08.16 04:09

EUR/USD gains after mixed US data, focus shifts to Trump-Putin meeting

EUR/USD reverses its course, climbs on Friday, ignoring solid US Retail Sales data due to market participants still pricing in a Federal Reserve (Fed) rate cut in September. The pair trades at 1.1702, up 0.47%.
update2025.08.16 03:55

Silver Price Forecast: range-bound near $38.00, eyes on Trump-Putin talks

Silver (XAG/USD) is attempting a mild recovery on Friday after sliding to a four-day low of $37.69. The rebound comes amid some softness in the US Dollar, which is losing traction following mixed US economic data this week.
update2025.08.16 03:38

Dow Jones Industrial Average flubs another record high as consumer sentiment sours

The Dow Jones Industrial Average (DJIA) surged to record highs early on Friday, touching chart territory north of 45,250 for the first time ever.
update2025.08.16 02:58

Gold steadies ahead of Trump-Putin summit as US Dollar slips

Gold price (XAU/USD) holds firm during the North American session as market participants await the outcome of the meeting between US President Donald Trump and his counterpart, Russian President Vladimir Putin.
update2025.08.16 02:16

USD/JPY slides toward 147.00 as Japan GDP beats forecasts, US data disappoints

The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Friday, with USD/JPY extending its intraday decline during the American session, supported by stronger domestic growth data and signs of softening momentum in the US economy.
update2025.08.16 01:34

USD/CHF weakens as US data disappoints, Swiss GDP slows on tariff drag

The Swiss Franc (CHF) gains ground against the US Dollar (USD) on Friday, with the USD/CHF pair easing toward the key 0.8050 level during the American session, as the latest round of US economic data reveals growing cracks in domestic demand, keeping the Greenback under pressure.
update2025.08.16 00:32

AUD/USD firms as DXY slips despite solid US Retail Sales

AUD/USD advances earlier during the North American session as the Greenback trims some of its gains achieved post-hot PPI figures, even though Retail Sales hint that the US economy is solid. The pair trades at 0.6519 after bouncing off daily lows of 0.6488.
update2025.08.16 00:14

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