GBP/USD decline expected within 1.2600-1.2670; falling below 1.2600 is unlikely. Upward momentum slowing, affecting short-term outlook.
EUR/USD struggles at 1.0500; German politics offer little momentum; support at 1.0460-62 sustains bullish sentiment.
USD strengthened as Trump suggested tariffs on Canada and Mexico. Markets watch consumer confidence data for Fed expectations.
Market sentiment follows previous trends, with USD/JPY below 150.00 and Treasury yields nearing key support levels.
Dollar strengthened on tariffs, then faded; Japan’s PPI rose; Korea cut rates; Fed cautious; China adjusted liquidity.
Gold dips to $2,929 amid profit-taking, with support expected near $2,915 as Fed rate cut hopes persist.
Lorie Logan to address 2025 BEAR Conference on central bank balance sheets, including a Q&A session.
Swati Dhingra backs gradual rate cuts, while market expectations remain cautious despite inflation concerns and fiscal challenges.
Tesla’s update enhances Autopilot for urban roads, enabling turns, U-turns, lane changes, and traffic light recognition.
Bank of England Chief Economist Huw Pill will deliver closing remarks at the central bank’s annual research conference.
