About: melody

Recent Posts by melody

The Bank of England cut rates and the UK announced a trade deal with the US

Bank of England lowers rates; US-UK strike trade deal; markets rise; USD strengthens; Bitcoin surges.

In April, Japan’s foreign reserves increased to $1298.2 billion from $1272.5 billion

Japan’s reserves rise; USD/JPY dips. Gold rebounds; Ripple steady post-SEC deal. Fed holds interest rates steady.

The UK agreement assists, while Lutnick seeks a trade pact with a major Asian nation

US emphasizes Asian trade deals to diversify supply chains and stabilize international trade, favoring 10% tariff agreements.

Following a quarter point rate cut by the Bank of England, GBP/USD saw early gains waning

GBP/USD declined after a rate cut, amid US-UK trade deal hopes and looming tariff challenges.

The maximum attainable tariff for any country is 10% if market access is granted

US may impose 10% tariffs on open markets; higher rates for trade deficit nations, says Lutnick.

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