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Gold edges down amid clash over status of US-China trade talks
Gold price (XAU/USD) is on the back foot on Friday, almost erasing all of Thursday’s gains, and looks set to close off this week in the red. The downmove comes amid increasing confusion on what is the status of the trade conflict between the United States (US) and China, with US President Donald..
Gold
Fxstreet
Fri, Apr 25
SNB's Schlegel: Economic slowdown in Switzerland cannot be ruled out
Swiss National Bank (SNB) Chairman Martin Schlegel warned on Friday that an “economic slowdown in Switzerland cannot be ruled out.”
USD/CHF
Fxstreet
Fri, Apr 25
Pound Sterling attracts bids on upbeat UK Retail Sales data
The Pound Sterling (GBP) bounces back against its major peers on Friday after the release of surprisingly positive United Kingdom (UK) Retail Sales data for March. The Office for National Statistics (ONS) has reported that retail sales, a key measure of consumer spending, rose by 0.4%...
GBP/USD
Fxstreet
Fri, Apr 25
ECB’s Holzmann: Next policy steps are completely open
European Central Bank (ECB) policymaker Robert Holzmann said on Friday that “next policy steps are completely open.”
EUR/USD
Fxstreet
Fri, Apr 25
Chinese Foreign Ministry: China and US are not having any negotiations on tariffs
Commenting on the trade talks with the United States (US), China's Foreign Ministry clarified that “China and the US are not having any consultations or negotiations on tariffs.”
Fxstreet
Fri, Apr 25
EUR/INR: Indian Rupee cross rates down at the start of the European session
Indian Rupee (INR) crosses trade with a negative bias at the start of Friday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.93, with the EUR/INR pair declining from its previous close at 97.19.
Fxstreet
Fri, Apr 25
France Business Climate in Manufacturing came in at 99, above expectations (96) in April
France Business Climate in Manufacturing came in at 99, above expectations (96) in April
Fxstreet
Fri, Apr 25
UK Retail Sales jump 0.4% MoM in March vs. -0.4% expected
The United Kingdom (UK) Retail Sales jumped 0.4% month-over-month (MoM) in March after advancing 0.7% in February, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.4% drop in the reported month.
GBP/USD
Fxstreet
Fri, Apr 25
United Kingdom Retail Sales ex-Fuel (MoM) above expectations (-0.3%) in March: Actual (0.5%)
United Kingdom Retail Sales ex-Fuel (MoM) above expectations (-0.3%) in March: Actual (0.5%)
GBP/USD
Fxstreet
Fri, Apr 25
United Kingdom Retail Sales ex-Fuel (YoY) registered at 3.3% above expectations (2.3%) in March
United Kingdom Retail Sales ex-Fuel (YoY) registered at 3.3% above expectations (2.3%) in March
GBP/USD
Fxstreet
Fri, Apr 25
United Kingdom Retail Sales (YoY) above expectations (1.8%) in March: Actual (2.6%)
United Kingdom Retail Sales (YoY) above expectations (1.8%) in March: Actual (2.6%)
GBP/USD
Fxstreet
Fri, Apr 25
United Kingdom Retail Sales (MoM) came in at 0.4%, above expectations (-0.4%) in March
United Kingdom Retail Sales (MoM) came in at 0.4%, above expectations (-0.4%) in March
GBP/USD
Fxstreet
Fri, Apr 25
China’s Politburo: Will cut the RRR and interest rates in a timely manner
China held the Politburo meeting on Friday, with the key takeaways noted below.
AUD/USD
Fxstreet
Fri, Apr 25
US Dollar Index rebounds above 99.50 on US trade talks progress
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges higher to near 99.75 during the early European session on Friday amid positive developments in negotiations with allies India, Japan and South Korea.
Fxstreet
Fri, Apr 25
JGB yields rise as strong Tokyo inflation revives BOJ rate hike expectations
TOKYO, April 25 (Reuters) - Japanese government bond (JGB) yields rose across the curve on Friday after Tokyo's inflation hit a two-year high, reviving bets for the Bank of Japan's interest rate hikes. The 10-year JGB yield JP10YTN=JBTC rose 4 basis points (bps) to 1.35%, its highest since A...
USD/JPY
Reuters
Fri, Apr 25
Indonesia wants 'fair and square' trade in US tariff talks
Indonesia wants "fair and square" relationship with U.S. Higher U.S. imports by Indonesia will not negatively impact other nationsTechnical discussions with U.S. to take place within next 2 weeks By Gayatri Suroyo and Stefanno Sulaiman JAKARTA, April 25 (Reuters) - Indonesia is prioritisi...
Reuters
Fri, Apr 25
GBP/USD breaks below 1.3300 as US Dollar appreciates on a potential US-China trade deal
GBP/USD is retracing its recent gains, hovering around 1.3290 during Friday’s Asian session.
GBP/USD
Fxstreet
Fri, Apr 25
Singapore Industrial Production (MoM) rose from previous -7.5% to -3.6% in March
Singapore Industrial Production (MoM) rose from previous -7.5% to -3.6% in March
Fxstreet
Fri, Apr 25
Singapore Industrial Production (YoY) registered at 5.8%, below expectations (6.9%) in March
Singapore Industrial Production (YoY) registered at 5.8%, below expectations (6.9%) in March
Fxstreet
Fri, Apr 25
ANALYSIS-Some European companies question US expansion amid tariff chaos
Erratic US trade policy causes rethink among smaller firmsSome expansion plans are halted, orders delayedGerman industry appears to "press pause button" in US -VDMABy Giulio Piovaccari, Christoph Steitz and Victoria Waldersee MILAN/FRANKFURT/BERLIN, April 25 (Reuters) - U.S. President Don...
Reuters
Fri, Apr 25
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