GBP/USD Seven-Session Winning Streak and Why It Has Hit A Turbulence
After rising sharply in the second week of April, GBP/USD finds itself struggling for traction above 1.3500. What has changed?
Gold Ready for Short-Term Suffering for a Higher Goal
Throughout the conflict in the Middle East, gold has moved in tandem with risk assets and has shown a negative correlation with oil and the dollar. Unsurprisingly, Tehran's announcement that it was opening the Strait of Hormuz triggered a surge in gold to monthly highs, whilst the US seizure of an Iranian tanker caused the precious metal to take a step down.
Silver Price Forecast: XAG/USD declines ahead of Kevin Warsh's confirmation hearing
Silver Price Forecast: XAG/USD declines ahead of Kevin Warsh's confirmation hearing
Trump Urges Europe to Address Immigration and Energy Issues
Former President Trump called on Europe to resolve its challenges related to immigration and energy policies. His remarks highlight ongoing concerns about Europe's stability and policy direction.
Trump States Saudi Arabia is Assisting US on the Strait
Former President Trump announced that Saudi Arabia is providing support to the United States regarding the situation in the Strait. This cooperation may influence regional security dynamics and international relations.
Trump Confirms Recent Conversation with Saudi Officials
Former President Trump stated that he spoke with Saudi officials yesterday, highlighting ongoing communication between the parties. This interaction may influence U.S.-Saudi relations and related geopolitical dynamics.
Trump Announces New Tariff Strategy Aiming for Bigger Outcomes
Former President Trump stated that he is implementing a different approach to tariffs, aiming to achieve larger economic impacts. This shift in trade policy could influence international trade dynamics and market reactions.
Trump Expresses Disappointment if Fed Does Not Lower Interest Rates
Former President Trump stated he would be disappointed if the Federal Reserve does not reduce interest rates. His comments highlight ongoing debates about monetary policy and its impact on the economy.
EUR/GBP: Political risks and inflation support – Rabobank
EUR/GBP: Political risks and inflation support – Rabobank
US Core Retail Sales Surge 1.9% in March, Exceeding Estimates
US core retail sales rose by 1.9% month-over-month in March, significantly surpassing the estimated 1.4% and the previous 0.5%. This indicates robust consumer spending, which could impact economic outlook and monetary policy decisions.