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  1. GBP/USD rallies past 1.3000 as China escalates trade-war with US
    • Breaking news

    GBP/USD rallies past 1.3000 as China escalates trade-war with US

    • Breaking news

    The Pound Sterling extends its gains versus the US Dollar as the US-Sino trade war escalates, with China imposing 125% tariffs on US goods. Trade policies continue to drive price action, with economic data taking a backseat. At the time of writing, the GBP/USD trades at 1.3067, up 0.77%.

  2. Fed's Williams: Tariffs will boost inflation to 3.5-4% this year
    • Breaking news

    Fed's Williams: Tariffs will boost inflation to 3.5-4% this year

    • Breaking news

    Federal Reserve Bank of New York President John Williams noted on Friday that he overwhelmingly anticipates a general weakening in US economic data as tariffs continue to take root.

  3. Fed's Musalem : Expect growth this year lower than trend
    • Breaking news

    Fed's Musalem : Expect growth this year lower than trend

    • Breaking news

    St. Louis Federal Reserve President Alberto Musalem said on Friday that he expects the economic growth this year to be lower than the trend, per Reuters.

  4. Fed's Musalem: There is more work to do on inflation
    • Breaking news

    Fed's Musalem: There is more work to do on inflation

    • Breaking news

    St.

  5. US UoM Consumer Sentiment Index drops to 50.8 in April vs. 54.5 expected
    • Breaking news

    US UoM Consumer Sentiment Index drops to 50.8 in April vs. 54.5 expected

    • Breaking news

    Consumer confidence in the US continued to deteriorate in April, with the University of Michigan's (UoM) Consumer Sentiment Index dropping to 50.8 in the flash estimate from 57 in March. This reading came in worse than the market expectation of 54.5.

  6. USD safe haven status under pressure - Rabobank
    • Breaking news

    USD safe haven status under pressure - Rabobank

    • Breaking news

    The US dollar's role as a global safe haven is being challenged amid rising budget deficits and trade tensions.

  7. Fed's Collins: The Fed will need to hold steady for longer
    • Breaking news

    Fed's Collins: The Fed will need to hold steady for longer

    • Breaking news

    During an interview with Yahoo Finance on Friday, Federal Reserve Bank of Boston President Susan Collins noted that even amidst intense pressure, financial markets seem to be weathering the storm.

  8. GBP advance lags core peers - Scotiabank
    • Breaking news

    GBP advance lags core peers - Scotiabank

    • Breaking news

    Pound Sterling (GBP) is firmer on the day but has struggled to keep up with its core G10 peers over the week, Scotiabank's Chief FX Strategist Shaun Osborne notes.

  9. EUR surges to 1.14 before consolidating - Scotiabank
    • Breaking news

    EUR surges to 1.14 before consolidating - Scotiabank

    • Breaking news

    The Euro (EUR) tested the upper 1.08s Monday and traded to a three-year high above 1.14 earlier. It is notable that the EUR surge is happening against a backdrop of widening EZ/US spreads which would ordinarily be a negative factor for the EUR, Scotiabank's Chief FX Strategist Shaun Osborne notes.

  10. USD/JPY drops to seven-month lows near 142.00
    • Breaking news

    USD/JPY drops to seven-month lows near 142.00

    • Breaking news

    USD/JPY adds to the pessimism seen in the latter part of the week and recedes to the 142.00 region on Friday, an area last seen in late September.

  11. CAD grinds higher versus a weaker USD - Scotiabank
    • Breaking news

    CAD grinds higher versus a weaker USD - Scotiabank

    • Breaking news

    The Canadian Dollar (CAD) is getting pulled along with the broader sell-off in the USD and is notching up another decent weekly gain--its fourth on the trot and the largest since late 2022.

  12. USD slide extends to a three-year low - Scotiabank
    • Breaking news

    USD slide extends to a three-year low - Scotiabank

    • Breaking news

    'Transition problems' with US Tariffs continue. The US Dollar (USD) is getting trashed.

  13. US annual PPI inflation softens to 2.7% in March vs. 3.3% expected
    • Breaking news

    US annual PPI inflation softens to 2.7% in March vs. 3.3% expected

    • Breaking news

    The Producer Price Index (PPI) for final demand in the US rose 2.7% on a yearly basis in March, the data published by the US Bureau of Labor Statistics showed on Friday. This reading followed the 3.2% increase recorded in February and came in below the market expectation of 3.3%.

  14. US Dollar pares losses, DXY holding near thee-year lows
    • Breaking news

    US Dollar pares losses, DXY holding near thee-year lows

    • Breaking news

    The US Dollar Index (DXY) bounced from a fresh three-year low of 99.02 achieved on Friday amid escalating tensions between China and the United States (US). The index currently hovers around 99.70, sharply down for a second consecutive day.

  15. Fed's Kashkari: Not seeing evidence yet that long-run inflation expectations are rising
    • Breaking news

    Fed's Kashkari: Not seeing evidence yet that long-run inflation expectations are rising

    • Breaking news

    In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari said that their job is to make sure that inflation expectations don't rise, per Reuters.

  16. USD/CHF bounces off lows near the 0.8100 zone, tariffs eyed
    • Breaking news

    USD/CHF bounces off lows near the 0.8100 zone, tariffs eyed

    • Breaking news

    On Friday, Beijing dramatically ramped up tariffs on US imports to 125%, striking back at President Trump's move to hike duties on Chinese goods to 145%. This countermeasure has ramped up the tension in a trade war that now threatens to upend global supply chains.

  17. Platinum and Palladium hit by tariff conflict, downward revision of price forecasts - Commerzbank
    • Breaking news

    Platinum and Palladium hit by tariff conflict, downward revision of price forecasts - Commerzbank

    • Breaking news

    The tariff conflict triggered by US President Trump and the resulting increase in risk aversion also put pressure on the Platinum and Palladium prices.

  18. Gold ETFs post strong inflows in March and the first quarter - Commerzbank
    • Breaking news

    Gold ETFs post strong inflows in March and the first quarter - Commerzbank

    • Breaking news

    The March data on gold ETFs published by the World Gold Council this week showed a continued high buying interest among ETF investors, Commerzbank's commodity analyst Carsten Fritsch notes.

  19. EIA lowers forecast for global oil demand and US oil production - Commerzbank
    • Breaking news

    EIA lowers forecast for global oil demand and US oil production - Commerzbank

    • Breaking news

    Oversupply fears push oil price outlook lower

  20. Large discrepancies between surveys on OPEC production in March - Commerzbank
    • Breaking news

    Large discrepancies between surveys on OPEC production in March - Commerzbank

    • Breaking news

    The OPEC production surveys by Reuters and Bloomberg again showed a considerable discrepancy for March, Commerzbank's commodity analyst Carsten Fritsch notes.


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