Monthly Archives: May 2025
The Canadian Dollar is weakening against the US Dollar, lagging behind other G10 currencies
Written on May 8, 2025 at 3:10 pm, by melody
Canadian Dollar dips 0.3% amid strong USD, widened yield spread, trades near 1.39 fair value range.
Trump disparaged Jerome Powell as clueless, expressing disdain for the Fed’s recent decision while praising economic conditions
Written on May 8, 2025 at 2:46 pm, by melody
Trump called Fed Chair Powell a “fool”, claiming inflation is low despite Powell’s continued leadership until 2026.
After a brief rise, the Pound remains under pressure at a crucial support zone against the Dollar
Written on May 8, 2025 at 2:40 pm, by melody
GBP/USD erased earlier gains amid policy divergence and US Dollar strength, trading below key 1.3300 support.
Concessions on food and agriculture by the UK aim to reduce US auto tariffs, details unclear
Written on May 8, 2025 at 2:16 pm, by melody
UK offers agriculture import concessions to US in exchange for lower auto tariffs, despite regulatory challenges.
The Manufacturing Production Index in South Africa improved from -3.2% to -0.8% year-on-year
Written on May 8, 2025 at 2:10 pm, by melody
Markets react to global economic shifts: UK rate cut, stronger US data, gold rebound, XRP gains traction.
A trade deal agreement between the UK and US has been confirmed, aiding political negotiations ahead
Written on May 8, 2025 at 1:45 pm, by melody
UK and US reach preliminary trade deal agreement, paving way for future full agreement and closer ties.
Gold prices drop to $3,340 as a US-UK trade agreement is anticipated during a conference
Written on May 8, 2025 at 1:41 pm, by melody
Gold drops 1% amid UK-US trade deal hopes, steady Fed rates, and stronger US Dollar outlook.
Trump’s trade deal announcement negatively impacted gold, which remains in an uptrend despite uncertainty
Written on May 8, 2025 at 1:16 pm, by melody
Gold fluctuates as Trump’s UK trade deal announcement offsets Fed neutrality, influencing buyer and seller positioning.
According to UOB Group, USD is likely to fluctuate, with 7.1700 being a crucial level
Written on May 8, 2025 at 1:10 pm, by melody
The US Dollar may range-trade before declining further, with 7.1700 as a key support level.
China’s MOFCOM suggests the US should consider revoking its unilateral tariffs ahead of trade discussions
Written on May 8, 2025 at 12:46 pm, by melody
China urges U.S. to revoke unilateral tariffs ahead of Switzerland talks focused on easing trade tensions.
