Monthly Archives: May 2025
The EU plans countermeasures against US tariffs, proposing €95 billion in tariffs and restrictions
Written on May 8, 2025 at 3:46 pm, by anakin
EU seeks balanced trade solution with US, considers export restrictions, and plans WTO dispute over tariffs.
Following the Bank of England’s announcement, the GBP/JPY pair climbs towards 193.00 during afternoon trading
Written on May 8, 2025 at 3:40 pm, by anakin
GBP/JPY rises near 193.00 as BoE cuts rates; Pound strengthens despite divided policy outlook.
The Canadian Dollar is weakening against the US Dollar, lagging behind other G10 currencies
Written on May 8, 2025 at 3:10 pm, by anakin
Canadian Dollar dips 0.3% amid strong USD, widened yield spread, trades near 1.39 fair value range.
Trump disparaged Jerome Powell as clueless, expressing disdain for the Fed’s recent decision while praising economic conditions
Written on May 8, 2025 at 2:46 pm, by anakin
Trump called Fed Chair Powell a “fool”, claiming inflation is low despite Powell’s continued leadership until 2026.
After a brief rise, the Pound remains under pressure at a crucial support zone against the Dollar
Written on May 8, 2025 at 2:40 pm, by anakin
GBP/USD erased earlier gains amid policy divergence and US Dollar strength, trading below key 1.3300 support.
Concessions on food and agriculture by the UK aim to reduce US auto tariffs, details unclear
Written on May 8, 2025 at 2:16 pm, by anakin
UK offers agriculture import concessions to US in exchange for lower auto tariffs, despite regulatory challenges.
The Manufacturing Production Index in South Africa improved from -3.2% to -0.8% year-on-year
Written on May 8, 2025 at 2:10 pm, by anakin
Markets react to global economic shifts: UK rate cut, stronger US data, gold rebound, XRP gains traction.
A trade deal agreement between the UK and US has been confirmed, aiding political negotiations ahead
Written on May 8, 2025 at 1:45 pm, by anakin
UK and US reach preliminary trade deal agreement, paving way for future full agreement and closer ties.
Gold prices drop to $3,340 as a US-UK trade agreement is anticipated during a conference
Written on May 8, 2025 at 1:41 pm, by anakin
Gold drops 1% amid UK-US trade deal hopes, steady Fed rates, and stronger US Dollar outlook.
Trump’s trade deal announcement negatively impacted gold, which remains in an uptrend despite uncertainty
Written on May 8, 2025 at 1:16 pm, by anakin
Gold fluctuates as Trump’s UK trade deal announcement offsets Fed neutrality, influencing buyer and seller positioning.
