Monthly Archives: May 2025
This week promises extensive UK data releases, according to ING’s commodity specialists Manthey and Patterson
Written on May 12, 2025 at 2:40 pm, by melody
UK jobs data and GDP report to shape outlook; trade deals boost pound, EUR/GBP may decline.
Lombardelli highlights the need for caution, focusing on wage growth and disinflation amidst trade influences
Written on May 12, 2025 at 2:16 pm, by melody
Wage growth remains elevated, driving BOE’s cautious stance despite disinflation progress and rate cut considerations.
Société Générale’s analysts observe the USD/CNH faces pressure below 7.28 resistance, risking further declines
Written on May 12, 2025 at 2:10 pm, by melody
USD/CNH struggles below 50-DMA; risk of decline grows if 7.18 support fails to hold further.
The US Dollar’s short-term outlook improves amidst changing interest rate expectations and better economic prospects
Written on May 12, 2025 at 1:46 pm, by melody
US-China announcement boosts growth outlook; Fed may cut rates less than expected; Dollar strength anticipated.
As the USD strengthens, GBP/USD sees weak performance, testing crucial support below 1.3200
Written on May 12, 2025 at 1:41 pm, by melody
GBP/USD falls below 1.3200 amid USD strength, trade truce boosts dollar, pressuring currency pair further.
Bessent stated that trade deals are prioritised by the UK and Switzerland, suggesting potential gains with China
Written on May 12, 2025 at 1:16 pm, by melody
S&P 500 futures rise 2.8% as dollar strengthens; EU progress slows, China trade potential eyed.
Against the US Dollar, the Pound Sterling falls to around 1.3140, nearing a one-month low
Written on May 12, 2025 at 1:11 pm, by melody
Pound drops to one-month low as US Dollar strengthens on tariff deal; bearish trend develops in GBP/USD.
Greer and Bessent expressed optimism about US-China relations, citing improved tariffs and better communication
Written on May 12, 2025 at 12:46 pm, by melody
US-China agree on 10% tariffs, ease tensions, boost markets; China acknowledges US fentanyl concerns.
As Euro declines, EUR/GBP suffers a sixth consecutive loss, nearing 0.8415 amid trade discussion slowdown
Written on May 12, 2025 at 12:40 pm, by melody
EUR/GBP drops amid Euro weakness; US-China tariff pause boosts Dollar, UK trade wins lift Pound.
Bessent indicated an agreement with China involves a 90-day tariff reduction and ongoing discussions
Written on May 12, 2025 at 12:16 pm, by melody
China and the US agreed to a 90-day pause, aiming for balanced trade and continued negotiations.
