SELECT LANGUAGE BELOW

GBP/USD moves nearer to the mid-1.3400s as trade optimism weakens the safe-haven USD.

GBP/USD moves nearer to the mid-1.3400s as trade optimism weakens the safe-haven USD.

GBP/USD Currency Pair Overview GBP/USD is facing a challenge in gaining further purchases but begins the week on a positive note. The US-EU trade deal is boosting risk sentiment, weakening the USD, and providing support. Traders seem hesitant with upcoming central bank events and potential data releases from the US. The GBP/USD pair showed some […]

The trade agreements Trump has reached before the August 1 tariffs

The trade agreements Trump has reached before the August 1 tariffs

After some delays, President Trump’s much-anticipated global tariffs are set to be implemented by the end of this week. On April 2, Trump introduced “mutual” tariffs intended to leverage trade deficits when calculating rates across numerous countries. However, a week later, he reduced these rates to 10% for an initial three-month period, likely due to […]

EUR/USD maintains strength above 1.1750 after US-EU trade deal

EUR/USD maintains strength above 1.1750 after US-EU trade deal

The EUR/USD is seeing positive movement thanks to a new trade agreement between the US and the European Union, which has alleviated concerns regarding broader trade tensions. The recent trade deal involves a 15% tariff on most goods imported from Europe. The Federal Reserve is anticipated to maintain benchmark interest rates within the 4.25% to […]

Alex Cora says ESPN created false stories about MLB trade deadline rumors

Alex Cora says ESPN created false stories about MLB trade deadline rumors

MLB Trade Deadline Approaches With the MLB trading deadline just days away, teams are getting ready, and players are left to wonder what might happen as the season progresses into 2025 and beyond. Players often claim to tune out external chatter, but with social media and sports shows buzzing with updates, it’s a tall order. […]

Trump reveals trade agreement with the European Union

Trump reveals trade agreement with the European Union

US-EU Trade Agreement Announced On Sunday, President Donald Trump and European Commission President Ursula von der Leyen revealed a new trade agreement between the United States and the European Union. They spoke to the media after what seemed like a rather uncertain negotiation, each stating that the chance of an agreement was around 50-50. Von […]

Trump and von der Leyen agree on trade deal with 15 percent tariffs

Trump and von der Leyen agree on trade deal with 15 percent tariffs

Trade Deal Announced Between Trump and Von der Leyen President Trump and European Commission President Ursula von der Leyen revealed their new trade agreement on Sunday, establishing a 15% tariff on European goods, including automobiles. As part of this deal, the European Union is set to buy $700 billion worth of energy from the United […]