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GBP/USD heads into Friday on the backfoot after PMI data miss
GBP/USD spoiled a three-day winning streak on Thursday, crumbling away from the 1.3600 handle and backsliding down to 1.3500.
Gold slips as strong US jobs data offsets trade, Fed uncertainty
Gold price retreats during the North American session, down by over 0.50% on Thursday following the release of strong labor market data despite weakening manufacturing activity, according to the S&P Global Flash PMI survey.
Trump refocuses on desire for lower interest rates during Fed renovation tour
United States President Donald Trump toured the Federal Reserve's (Fed) main headquarters in Washington, DC on Friday. President Trump recently pivoted to criticizing the Fed's long-planned renovations of its headquarters.
Dow Jones Industrial Average hesitates on Thursday after key earnings misses
The Dow Jones Industrial Average (DJIA) stumbled on Thursday, consolidating just below the 45,000 handle as earnings blunders drag down key overweighted stocks listed on the Dow Jones.
WTI Crude rallies despite Chevron's return to Venezuela shifting supply outlook
West Texas Intermediate (WTI) is attempting a breakout as traders weigh conflicting signals from supply and demand.
New Zealand Dollar eases from two-week high as RBNZ flags growth risks, Trump-Fed meeting eyed
The New Zealand Dollar (NZD) eases slightly against the US Dollar (USD) on Thursday, pulling back from a two-week high reached earlier in the day. The move snaps a two-day winning streak for the Kiwi as the Greenback finds stability following a volatile start to the week.
Forex Today: UK Retail Sales take centre stage alongside German business morale
The US Dollar managed to regain some balance and print decent gains on Thursday, always amid mixed results from the US docket, advancing US yields across the board, and recent progress on the trade front.
Canadian Dollar snaps winning streak as US Dollar pares losses
The Canadian Dollar (CAD) faltered on Thursday, snapping a four-day winning streak and giving back ground to the US Dollar (USD).
Australian Dollar trades near 2025 high as risk sentiment, resilient data boosts gains
The Australian Dollar (AUD) is pulling back after hitting an eight-month high against the US Dollar (USD) on Thursday. The pair reached a session high of 0.6625 before easing to trade near 0.6596 at the time of writing.
Sources suggest ECB policymakers lean toward rate hold as tariff risks cloud outlook
Sources revealed that European Central Bank (ECB) policymakers expect to keep rates unchanged, unless they see a deterioration in growth and inflation resumes its downward path, as two sources told Reuters.
Silver Price Forecast: XAG/USD eases as risk-on mood caps safe-haven flows
Silver (XAG/USD) edges lower on Thursday after marking a fresh 14-year high of $39.53 on Wednesday, as improving global trade sentiment boosted risk appetite and dented demand for traditional safe-haven assets like precious metals.
GBP/USD retreats from 1.3600 on strong US jobs data
The GBP/USD rally stalls as the Greenback stages a recovery, pushing the pair down over 0.24% after registering three straight days of gains that fell short of cracking the 1.3600 figure.
UK autumn budget to test Reeves' fiscal resolve - Standard Chartered
Limited options ahead of UK's autumn budget given tight borrowing headroom and political pressures. Government likely wants to wait for accurate OBR estimates as well as economic and political developments before committing to fiscal plans.
Canadian Dollar eases against US Dollar after weak Retail Sales and mixed US PMI data
The Canadian Dollar (CAD) loses against the US Dollar (USD) on Wednesday as the Greenback finds its footing after a volatile start to the week.
EUR/GBP rises as ECB holds rates steady, Eurozone PMIs stabilize, UK services falter
EUR/GBP is edging higher on Thursday as traders digest economic data from both regions and a measured tone from the European Central Bank (ECB).At the time of writing, the pair is trading around 0.8685, holding just below key resistance at 0.8738, as attention turns to diverging growth signals and c
Lagarde speech: If trade tensions resolved in short order, it would clear some uncertainty
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.
EUR/USD softens after ECB holds interest rates, Lagarde flags trade risks
The Euro (EUR) is holding steady against the US Dollar (USD) on Thursday after the European Central Bank (ECB) left interest rates unchanged, as widely expected.
Lagarde speech: Disinflationary or inflationary impact of tariffs can not yet be determined
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.
Lagarde speech: We don't target exchange rate, we monitor
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.
Lagarde speech: Higher tariffs and stronger Euro to make it harder for firms to invest
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.
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