Gold price (XAU/USD) attracts heavy selling during the Asian session on Wednesday and snaps a two-day winning streak to a two-week high, around the $3,434-3,435 region touched the previous day.
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May 7, 2025 3:59 am | FOREX NEWS
Gold price (XAU/USD) attracts heavy selling during the Asian session on Wednesday and snaps a two-day winning streak to a two-week high, around the $3,434-3,435 region touched the previous day.
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May 7, 2025 3:33 am | FOREX NEWS
The NZD/USD pair retreats following an Asian session uptick to the 0.6020-0.6025 area, or over a two-week high, and for now, seems to have snapped a three-day winning streak.
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May 7, 2025 3:05 am | FOREX NEWS
Will this week’s Bank of England (BOE) monetary policy decision highlight a shift in biases among committee members? Here’s what you need to know when trading this major event.
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May 7, 2025 3:01 am | FOREX NEWS
More from People’s Bank of China Governor Pan:
Earlier:
This article was written by Eamonn Sheridan at www.forexlive.com.
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May 7, 2025 2:32 am | FOREX NEWS
China securities regulator head:
Earlier:
This article was written by Eamonn Sheridan at www.forexlive.com.
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May 7, 2025 2:25 am | FOREX NEWS
People’s Bank of China Governor Pan announced this cut, and others, earlier:
This article was written by Eamonn Sheridan at www.forexlive.com.
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May 7, 2025 2:23 am | FOREX NEWS
Trump is expected to announce during his upcoming visit to Saudi Arabia that the United States will begin referring to the Persian Gulf as the “Arabian Gulf” or “Gulf of Arabia,” according to two U.S. officials who spoke to the Associated Press on condition of anonymity.
This article was written by Eamonn Sheridan at www.forexlive.com.
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May 7, 2025 2:17 am | FOREX NEWS
EUR/USD muddled through Tuesday’s market action, marking out a fresh near-term consolidation range near the 1.1300 major handle as Fiber traders wait for a reason to move.
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May 7, 2025 2:14 am | FOREX NEWS
GBP/USD rose on Tuesday, climbing four-tenths of one percent on the day and testing the 1.3400 handle on headlines of a possible US-UK trade deal that would see the UK avoid the brunt of trade tariffs being actively pursued by the Trump administration.
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May 7, 2025 1:59 am | FOREX NEWS
Is CHF/JPY’s trend still our friend or has it reached the bend at the end? Better keep this potential reversal formation on your radar in case we get a neckline break!
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May 7, 2025 1:28 am | FOREX NEWS
Gold rallied to a two-week peak on Tuesday as the Chinese markets resumed operations following a long weekend holiday and concerns about US trade policies. Geopolitical risks also boosted the precious metal, with a new conflict emerging between Pakistan and India.
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May 7, 2025 1:16 am | FOREX NEWS
News from Tuesday, US time, ICYMI:
Trade negotiations between the United States and the United Kingdom are moving forward, with progress reported on reducing tariff quotas for steel and automobiles. However, uncertainty remains over when a final agreement will be reached.
Conflicting signals from President Trump and Treasury Secretary Scott Bessent have clouded the outlook. While Bessent recently expressed optimism, Trump has suggested that finalising the deal could still take several weeks.
UK officials have described the talks as constructive but have stopped short of offering a timeline. The discussions also include contentious issues such as Britain’s digital services tax and U.S. access to the UK’s agricultural market. For now, the UK is holding firm on its food safety standards, limiting U.S. meat imports.
The pressure to secure agreements is mounting as a 90-day pause on retaliatory tariffs is set to expire in early July.
Starmer and Trump met earlier, now its up to officials to hammer out a deal
This article was written by Eamonn Sheridan at www.forexlive.com.
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