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GBP/USD briefly touched 11-week highs before a sharp drag back into the low side.The Fed delivered a broadly-expected interest rate cut on Wednesday, but policy tone remains apprehensive.The BoE now has to follow up its larger cousin with what is expected to be a more measured rate approach. GBP/USD

The US Dollar Index slides to near 97.20 as an interest rate cut from the Fed on Wednesday seems a done deal.Market experts believe that the Fed will deliver two more interest rate cuts this year.Investors await key US Retail Sales data for August. The US Dollar Index (DXY), which tracks the Greenba

It seems that I could end today’s analysis after writing the title. That’s exactly what is happening. Ok, USD’s comeback above the upper support line and the April low is one other notable thing, but other than that things are pretty much as they were yesterday. Gold price reversed in a quite clear

The Euro is losing ground against the US Dollar on Tuesday, snapping a two-day winning streak as the Greenback regains traction.The BLS reported that payrolls were overstated by 911,000 jobs through March 2025, confirming that the labor market has been cooling more sharply than previously reported.I

European markets rise despite debt and services PMI concerns.Alphabet shares jump after court ruling.Trump tariffs and JOLT job openings data in view. European markets have opened on a positive footing today, showing resilience in the face of lingering concerns over rising borrowing costs. Bond yiel

Nvidia and OpenAI have become synonymous with the AI revolution, each offering its own breakthrough solutions. This has made Nvidia the most valuable company on the market. OpenAI remains private for now. However, the old guard of IT giants, such as Microsoft and Alphabet, are not standing on the si

Markets The absence of a meaningful economic calendar and US investors (Labour Day) resulted in uninspired trading at the start of the new month. Lingering legal concerns may have weighed on the dollar. They include Fed governor Lisa Cook’s case as well as a US appeals court’s ruling late Friday. Th

USD/JPY softens to around 146.85 in Friday’s early Asian session.Japan’s Tokyo August Core CPI rose 2.5% YoY in August, matching the forecast. The US economy grew at a 3.3% annualized rate in the second quarter of 2025. The USD/JPY pair loses ground to near 146.85 during the early Asian session on F

Gold price clings to gains around $3,400 ahead of second estimate Q2 GDP data.The Fed is almost certain to cut interest rates in the September meeting.Fed’s Williams support interest rate cuts amid escalating GDP growth concerns. Gold price (XAU/USD) holds onto gains near $3,400 during the European

GBP/USD consolidates as Powell highlights labor market risks, reinforcing September Fed rate cut speculation.Market pricing shows 93% probability of a September cut, according to Prime Market Terminal’s Fed tracker tool.UK inflation focus ahead with BRC Shop Price Index, while weak US housing adds t