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Pound Sterling Breaks Down as Labour Turmoil Overshadows Stronger UK GDP Data
GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp staircase decline from session highs to a low close to 1.3395. The move extended a multi-week downtrend from the early-March peak, with bearish momentum building through the European afternoon. The daily candle closed near session lows.
Fxstreet
Fri, May 15
Euro Holds Gains Against Japanese Yen Amid Hawkish Ecb Rate Outlook
The EUR/JPY cross posts modest gains around 184.90 during the early European session on Thursday. The Euro (EUR) strengthens against the Japanese Yen (JPY) amid hawkish signals by European Central Bank (ECB) officials.
Fxstreet
Thu, May 14
Boe's Breeden: We Can’t Wait Forever, But We Don’t Need to Do It in June or July
Bank of England (BoE) Deputy Governor Sarah Breeden said that the central bank is in a good place to be able to watch what’s happening in the economy, the Financial Times reported on Thursday. Breeden added that the BoE can’t wait forever, but it doesn’t need to do it in June or July.Fxstreet
Thu, May 14
Chinese Yuan Reaches Three-Month Highs as Trump-Xi Meeting Begins
USD/CNH continues its losing streak that began on April 30, reached a 39-month low of 6.7815, and is now trading around 6.7850 during the Asian hours on Thursday. Traders adopted a cautious stance as the high-stakes summit between Presidents Donald Trump and Xi Jinping began in Beijing.Fxstreet
Thu, May 14
Ethereum Price Forecast: Spot selling pressures ETH, but dip-buying could provide support
Ethereum (ETH) is facing increasing selling pressure on the spot side following signs of cracks in US-Iran peace talks. With Oil prices surging higher, the top altcoin has failed to recover the $2,300 key level on Wednesday.
Fxstreet
Thu, May 14
Euro Recovers Above 1.1700 as ECB Rate Hike Expectations Counter Stronger US PPI
The EUR/USD pair recovers some lost ground to near 1.1720 during the early Asian session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) on hawkish signals by European Central Bank (ECB) officials.
Fxstreet
Thu, May 14
Altman denies deception as Musk trial puts OpenAI’s future on the line
OpenAI CEO Sam Altman took the witness stand in federal court in Oakland on Tuesday and told jurors he is an “honest and trustworthy businessperson,” rebutting weeks of testimony from former board members and executives who described a pattern of dishonesty.Cryptopolitan
Wed, May 13
Indian Rupee Ticks up as Centre Hikes Import Duty on Gold and Silver to 15%
The Indian Rupee (INR) exhibits mild strength against the US Dollar (USD) in the opening session on Wednesday. The USD/INR pair trades mildly lower to near 95.60 as the Indian Rupee gains, following the increase in import duty on Gold and Silver to 15% from 6% by the Indian government.
Fxstreet
Wed, May 13
Gold Edges Higher Above $4,700 Despite Hotter US Inflation, Trump–xi Summit in Focus
Gold price (XAU/USD) trades with mild gains near $4,720 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited due to hotter-than-expected US inflation and shifting geopolitical tensions.Fxstreet
Wed, May 13
US President Donald Trump Says Iran Must Make Deal or Face Renewed Attacks
US President Donald Trump said that “we have Iran very much under control.” But also reiterated that “we’re either going to make a deal, or they’re going to be decimated,” the New York Times reported on Tuesday.Fxstreet
Wed, May 13
Euro Softens Below 1.1800 on US-Iran Ceasefire Risks, Traders Await US CPI Data
The EUR/USD pair loses ground to near 1.1775 during the early Asian session on Tuesday. The Euro (EUR) softens against the US Dollar (USD) as traders turn cautious ahead of the US April inflation report and ongoing geopolitical tensions in the Middle East.Fxstreet
Tue, May 12
Euro Holds Losses Around 1.1750 Due to Growing Risk Aversion
EUR/USD gains ground after opening at a gap-down, still holding daily losses near 1.1750 during the Asian hours on Monday. The pair remains in the negative territory as the US Dollar (USD) remains firm amid growing risk aversion.Fxstreet
Mon, May 11
Strc Rebounds to $100 as Quantum Fears Divide Crypto Leaders
STRC has returned to $100 par.Cryptopolitan
Sun, May 10
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