EUR/USD slips once more as optimism over trade agreements strengthens demand for the dollar
EUR/USD again dipped towards the low end on Thursday, approaching 1.1200. The US dollar is currently trending upwards, following the expected announcement of trade deals between the US and the UK. While the trade agreement hasn’t been officially announced yet, there’s hope among investors for a reduction in tariffs. The EUR/USD rate fell on Thursday, […]
Bernie Sanders Strengthens His Influence, Positions Himself as a Political Leader
Independent Senator Bernie Sanders from Vermont is actively involved in training young progressive candidates as part of a mid-term strategy for the 2026 elections, according to a report from Politico on Thursday. Sanders is collaborating with Senate Democrats and a progressive political organization focused on recruiting younger candidates for various offices. Additionally, another group, Politico […]
Gold rises above $3,400 as safe-haven demand strengthens.
Gold prices have had a hard time taking advantage of the day’s movements above $3,400. The Federal Reserve’s hawkish pause is supporting the USD and limiting the appeal of gold. The positive risk sentiment around the XAU/USD pair seems even more pronounced ahead of the upcoming Trump press conference. Gold (XAU/USD) is projected to rise […]
USD/JPY strengthens as trade conflicts and Fed caution impact the Dollar.
The USD/JPY pair is likely to continue its downward trend, remaining near the lower boundary of its range as safe-haven demand boosts the yen ahead of the Federal Reserve’s announcement. Trade tensions between the US and Japan are dampening risk appetite, compounded by weaker US growth figures and geopolitical concerns. Technical indicators point to bearish […]
Australian Dollar strengthens as inflation measure increases in April, attention on US ISM Services PMI – FXStreet
The Australian dollar has gained strength following Prime Minister Anthony Albanese’s victory in securing a second three-year term during the 2025 federal elections. Australia’s Judo Bank Combined PMI reported a figure of 51.0 in April, indicating its seventh month of expansion. President Trump has confirmed he will not replace Federal Reserve Chairman Powell before his […]
Carlos Carrasco strengthens case to make Yankees rotation
TAMPA – A lot had to happen to Carlos Carrasco to get the chance to get the Yankees out of camp. But it wouldn't have been a problem if the veteran right-hander didn't put together a spring where there was just one start so far. Carrasco, who turned 38 on Friday, scored a spot in […]
Sergio Garcia strengthens Ryder Cup bid with LIV Golf victory in Hong Kong
Sergio Garcia wins his second LIV golf title In Hong Kong, they shot a 7-under 63 to win three people in the South African Dean Bar Mester. After the victory, Garcia was asked questions about the Ryder Cup. Whether European Captain Luke Donald has adjusted to see the victory. “I think he's watching,” Garcia said. […]
Australian Dollar declines as US Dollar strengthens ahead of PCE inflation data release – FXStreet
The Australian dollar has weakened as Trump reaffirmed his plan to impose an additional 10% tariff on Chinese imports. On February 4th, US President Trump introduced new tariffs on Chinese products, bringing the total tax to 20%. US GDP rose 2.3% per year in the fourth quarter of 2024, meeting market expectations. The Australian Dollar […]
Pound Sterling strengthens on upbeat UK GDP data, risk-on market mood – FXStreet
Sterling of the pound has made progress as the UK's GDP rose at a robust pace in December and an astonishing expansion in the last quarter. Boe's Greene and Pill have led a gradually more cautious approach to interest rate reductions. Investors are volatility as the US president is poised to announce mutual tariffs. Pound […]
Trump Strengthens Israel’s Bargaining Position vs. Hamas, Hezbollah
Trump administration strengthens Israel's negotiating position in its first week in office against Hamas and Hezbollah, two Iranian-backed terrorist organizations that launched a brutal war against Israel in October 2023 but failed did. On Sunday, Hamas withdrew and agreed to reveal the number of surviving hostages (18) out of the 33 scheduled to be released […]