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Forex

GBP/USD drifts higher above 1.3300 on softer US Dollar, upbeat UK GDP data
GBP/USD attracts some buyers to near 1.3310 in Friday’s Asian session. US PPI unexpectedly fell in April. Better-than-expected UK GDP…
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Forex

EUR/USD rebounds to near 1.1200 ahead of UoM Consumer Sentiment Index release
The EUR/USD pair edged higher as the US Dollar weakened in response to the latest economic data. US Producer Price…
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Metals

XAU/USD: Gold stalls recovery from over one-month low near 200-period SMA on H4
Gold price meets with a fresh selling pressure and erodes a part of Thursday’s solid recovery gains. The US-China trade…
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Soft Commodities

Corn bookings exceeding the trade expectations
The corn market closed the Thursday session with July up 3 cents, as Export Sales data was supportive. New crop…
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Soft Commodities

Wheat Maintains Strength
osted higher trade on Thursday, with all three exchanges gaining steam. Chicago SRW futures were up 7 to 8 cents…
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Forex

AUD strengthens as US Dollar struggles on rising odds of Fed rate cuts
The Australian Dollar advances due to easing global trade tensions. The AUD may face challenges despite a strong Australian labor…
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Forex

JPY advances to fresh weekly top against USD despite weaker GDP
The Japanese Yen strengthened against the USD for the fourth straight day on Friday. BoJ rate hike bets overshadow Japan’s…
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Forex

USD/INR tumbles as crude oil prices fall
Indian Rupee rebounds in Friday’s Asian session. Lower crude oil prices underpin the INR, but persistent interbank USD demand and…
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Economics

Japan’s GDP contracts 0.2% QoQ in Q1 2025 vs -0.1 expected
The Japanese economy contracted by 0.2% over the quarter in the first quarter (Q1) of 2025, following a growth of 0.6% in…
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Metals

XAG/USD hovers near $32.50 amid US ban news on China’s chip firms
Silver price struggles as the Trump administration to add several Chinese semiconductor firms to its export blacklist. Safe-haven demand for…
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