Monthly Archives: May 2025
The German finance minister urges collective EU action against US tariffs, stressing readiness for necessary measures
Written on May 15, 2025 at 12:46 pm, by melody
The German finance minister urged EU unity and readiness to act if US tariff talks collapse.
The USD regained strength against the EUR, falling beneath 1.12 amid trade commitment news, analysts state
Written on May 15, 2025 at 12:40 pm, by melody
EUR/USD falls below 1.12 as USD gains strength; market awaits key US data amid uncertainties.
In April, Switzerland saw a 0.1% rise in producer and import prices compared to the previous month
Written on May 15, 2025 at 12:16 pm, by melody
Switzerland’s producer prices rose slightly in April, while annual import prices dropped, leading to index decline.
The dollar declines against major currencies, influenced by recent events and ongoing treasury instability
Written on May 15, 2025 at 12:10 pm, by melody
Dollar weakens amid flat retail sales, rising inflation expectations, and strong Japanese asset inflows diversify currency.
Germany’s wholesale prices fell by 0.1% monthly, yet increased by 0.8% annually
Written on May 15, 2025 at 11:45 am, by melody
Germany’s April wholesale prices fell 0.1% monthly but rose 0.8% compared to last year.
After hitting a one-month low, gold price seeks support from US PPI and Powell’s comments
Written on May 15, 2025 at 11:40 am, by melody
Gold struggles to recover as easing tensions and strong dollar pressure prices near one-month lows amid optimism.
The March GDP data exceeded expectations, positively impacting the quarterly report and indicating economic resilience
Written on May 15, 2025 at 11:16 am, by melody
UK economy grew 0.2% in March, driven by services and construction, despite declines in manufacturing output.
Quarterly earnings for Electrovaya Inc. fell short, reporting $0.02 per share against expectations of $0.03
Written on May 15, 2025 at 11:10 am, by melody
Electrovaya missed earnings and revenue estimates but showed yearly improvement; shares up 11.3% year-to-date.
Bilateral discussions between the US and China reportedly occurred during the APEC conference involving trade representatives
Written on May 15, 2025 at 10:46 am, by melody
US and Chinese trade envoys held a brief APEC meeting; no significant outcomes were reported.
Support is expected to remain for EUR/USD as it holds above 1.11, according to Chris Turner
Written on May 15, 2025 at 10:40 am, by melody
EUR/USD holds below 1.11; eurozone data and US indicators may influence near-term trading range.
