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Asset Summary – Friday, 25 April
Asset Summary – Friday, 25 April GBPUSD is experiencing upward pressure, largely due to dollar weakness outweighing any negative impact from softer-than-expected UK inflation data. Reduced inflationary pressures in the UK have led to increased expectations of interest rate cuts by the Bank of England, potentially easing monetary policy to stimulate economic growth. While this…
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Dollar Climbs on Trade Optimism – Friday, 25 April
The US dollar experienced a volatile week, initially pressured by dovish comments from a Fed official before rebounding sharply on renewed optimism surrounding international trade negotiations. President Trump’s reaffirmation of ongoing trade talks with China, despite denials from Beijing, provided a significant boost, as did signs of progress in discussions with Japan and South Korea.…
