May 26, 2025 7:05 am
Spot Gold eased from a 2-week peak of $3,366.00 on Monday, as US President Donald Trump set a July 9th deadline for reaching a trade agreement with the EU. The yellow metal rose almost 2% last Friday, after Trump announced that he was recommending a flat 50% tariff on all products imported from the European […]
Read moreMay 25, 2025 5:08 pm
The GBP/SGD currency pair settled below Friday’s high of 1.7397, its strongest level since May 2nd, after Singapore’s CPI data and a stronger-than-anticipated UK retail sales growth. Data by the Office for National Statistics showed on Friday that retail sales volumes had risen 1.2% in April compared to March, beating economists’ forecasts of a 0.3% […]
Read moreMay 25, 2025 2:22 pm
The GBP/SEK currency pair settled above recent low of 12.8138, its weakest level since May 8th, after a stronger-than-anticipated UK retail sales growth and renewed relief among UK households over an upcoming drop in energy prices. Data by the Office for National Statistics showed on Friday that retail sales volumes had risen 1.2% in April […]
Read moreMay 25, 2025 11:28 am
The GBP/NOK currency pair settled above recent low of 13.5828, its weakest level since April 4th, after a stronger-than-anticipated UK retail sales growth and renewed relief among UK households over an upcoming drop in energy prices. Data by the Office for National Statistics showed on Friday that retail sales volumes had risen 1.2% in April […]
Read moreMay 25, 2025 9:56 am
The GBP/CHF currency pair settled above recent low of 1.1037, its weakest level since May 9th, after a stronger-than-anticipated UK retail sales growth and renewed relief among UK households over an upcoming drop in energy prices. Data by the Office for National Statistics showed on Friday that retail sales volumes had risen 1.2% in April […]
Read moreMay 24, 2025 5:25 pm
The EUR/SGD currency pair settled below recent high of 1.4646, its strongest level since May 8th, after Singapore’s CPI data and as Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB interest rate cuts. Additional pressure on the Euro came after fresh US tariff threats. New ECB data showed […]
Read moreMay 24, 2025 2:44 pm
The EUR/SEK currency pair settled above Friday’s low of 10.7986, its weakest level since April 4th, after Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB interest rate cuts. Additional pressure on the Euro came after fresh US tariff threats. New ECB data showed negotiated wages in the Euro […]
Read moreMay 24, 2025 12:24 pm
The EUR/NOK currency pair settled above Friday’s low of 11.4451, its weakest level since April 4th, after Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB interest rate cuts. Additional pressure on the Euro came after fresh US tariff threats. New ECB data showed negotiated wages in the Euro […]
Read moreMay 24, 2025 10:15 am
The EUR/CHF currency pair settled above Friday’s low of 0.9292, its weakest level since May 6th, after Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB interest rate cuts. Additional pressure on the Euro came after fresh US tariff threats. New ECB data showed negotiated wages in the Euro […]
Read moreMay 24, 2025 7:14 am
The EUR/GBP currency pair settled above Friday’s low of 0.8379, its weakest level since April 3rd, after a stronger-than-anticipated UK retail sales growth and renewed relief among UK households over an upcoming drop in energy prices. At the same time, Euro Area’s negotiated wage growth slowed markedly in Q1, supporting the case for further ECB […]
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