Pound Sterling gauges ground against US Dollar on upbeat UK Retail Sales
Pound Sterling gauges ground against US Dollar on upbeat UK Retail Sales
The Pound Sterling (GBP) strives to gain ground near the intraday low of 1.3280 against the US Dollar (USD) during European trading hours after the release of the upbeat United Kingdom (UK) Retail Sales data for March.
TradeWar
SEO
RetailSales
BOE
GBPUSD
Trump 2028 - A Terrifying Trial Balloon for Business
Trump 2028 - A Terrifying Trial Balloon for Business
News Discussion Forum
By Finance Magnates
Trump 2028 - A Terrifying Trial Balloon for Business
As Trump teases a potential third run in 2028, businesses are bracing for the chaos of tariffs, merchandise, and an unconstitutional bid for power.
donald trump
Trump Tariffs
Chinese Foreign Ministry: China and US are not having any negotiations on tariffs
Chinese Foreign Ministry: China and US are not having any negotiations on tariffs
Commenting on the trade talks with the United States (US), China's Foreign Ministry clarified that “China and the US are not having any consultations or negotiations on tariffs.”
China
UnitedStates
TradeWar
DollarIndex
ECB's Holzmann: Next policy steps are completely open
ECB's Holzmann: Next policy steps are completely open
Remarks by ECB policymaker, Robert Holzmann
China Foreign Ministry: China and US are not having any consultations or negotiations
China Foreign Ministry: China and US are not having any consultations or negotiations
The Chinese are again saying that Trump is delivering fake news
Politics
EUR/INR: Indian Rupee cross rates down at the start of the European session
EUR/INR: Indian Rupee cross rates down at the start of the European session
Indian Rupee (INR) crosses trade with a negative bias at the start of Friday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 96.93, with the EUR/INR pair declining from its previous close at 97.19.
India
Currencies
CROSS
NZD/USD Price Forecast: Holds losses below 0.6000, support appears at nine-day EMA
NZD/USD Price Forecast: Holds losses below 0.6000, support appears at nine-day EMA
The NZD/USD pair offers its recent gains registered in the previous session, trading around 0.5960 during early European trading hours on Friday.
Technical Analysis
Majors
NZDUSD
Gold Technical Analysis – Positive tariff news keeps weighing on the precious metal
Gold Technical Analysis – Positive tariff news keeps weighing on the precious metal
Gold continues to edge lower as more and more positive news on the tariffs front are leading to a repricing in stagflationary expectations. What’s next?
Gold
Forex Today: US Dollar regains traction on renewed optimism about easing US-China tensions
Forex Today: US Dollar regains traction on renewed optimism about easing US-China tensions
Here is what you need to know on Friday, April 25:
Currencies
Majors
EconomicIndicator
Commodities
Macroeconomics
EUR/GBP holds below 0.8550 on upbeat UK Retail Sales data
EUR/GBP holds below 0.8550 on upbeat UK Retail Sales data
The EUR/GBP cross loses momentum to near 0.8530 during the early European session on Friday. The Pound Sterling (GBP) strengthens against the Euro (EUR) after the stronger-than-expected UK economic data. 
Crosses
UnitedKingdom
RetailSales
EURGBP
Macroeconomics
France April business confidence 96 vs 97 prior
France April business confidence 96 vs 97 prior
Latest data released by INSEE - 25 April 2025
Palladium price today: Rare metals down at the start of the European session
Palladium price today: Rare metals down at the start of the European session
Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Friday, according to FXStreet data.
Platinum
Palladium
What are the main events for today?
What are the main events for today?
The highlights include the Canadian Retail Sales and the final UMich report, but the focus remains on tariff related news
market overview
USD/CHF maintains position above 0.8300 due to US-China trade optimism
USD/CHF maintains position above 0.8300 due to US-China trade optimism
USD/CHF recovered its previous session losses and is trading around 0.8320 during the Asian session on Friday.
Majors
USDCHF
SNB
Switzerland
Macroeconomics
Eurostoxx futures +0.5% in early European trading
Eurostoxx futures +0.5% in early European trading
A more positive mood as stocks look to hold the bounce to end the week
Stocks
Crude oil price today: WTI price bullish at European opening
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $62.84 per barrel, up from Thursday’s close at $62.61.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.65 price posted on Thursday, and trading at $65.88.
Oil
WTI
Commodities
Bullish
UK Retail Sales jump 0.4% MoM in March vs. -0.4% expected
UK Retail Sales jump 0.4% MoM in March vs. -0.4% expected
The United Kingdom (UK) Retail Sales jumped 0.4% month-over-month (MoM) in March after advancing 0.7% in February, the latest data published by the Office for National Statistics (ONS) showed Friday. Markets expected a 0.4% drop in the reported month.
UnitedKingdom
RetailSales
EconomicIndicator
GBPUSD
UK March retail sales +0.4% vs -0.4% m/m expected
UK March retail sales +0.4% vs -0.4% m/m expected
Latest data released by ONS - 25 April 2025
China’s Politburo: Will cut the RRR and interest rates in a timely manner
China’s Politburo: Will cut the RRR and interest rates in a timely manner
China held the Politburo meeting on Friday, with the key takeaways noted below.
China
InterestRate
AUDUSD
Macroeconomics
China Politburo reaffirms to cut RRR and interest rates in a timely manner
China Politburo reaffirms to cut RRR and interest rates in a timely manner
Comments by the China Politburo after their meeting earlier today
Gold runs into some near-term consolidation after backing away from $3,500
Gold runs into some near-term consolidation after backing away from $3,500
How are the technicals shaping up for gold in trading this week?
Gold
US Dollar Index rebounds above 99.50 on US trade talks progress
US Dollar Index rebounds above 99.50 on US trade talks progress
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges higher to near 99.75 during the early European session on Friday amid positive developments in negotiations with allies India, Japan and South Korea.
TradeWar
UnitedStates
Macroeconomics
DollarIndex
GBP/USD breaks below 1.3300 ahead of UK Retail Sales data
GBP/USD breaks below 1.3300 ahead of UK Retail Sales data
GBP/USD is retracing its recent gains, hovering around 1.3290 during Friday’s Asian session.
UnitedKingdom
Majors
Macroeconomics
GBPUSD
Good to see that US and China are reviewing tariffs, says AmCham China president
Good to see that US and China are reviewing tariffs, says AmCham China president
Remarks by the American Chamber of Commerce in China president, Michael Hart
Politics
FX option expiries for Apr 25 NY cut
FX option expiries for Apr 25 NY cut
FX option expiries for Apr 25 NY cut at 10:00 Eastern Time via DTCC can be found below.
Currencies
Options
USDCHF
Silver Price Forecast: XAG/USD trades around mid-$33.00s; just below multi-week top
Silver Price Forecast: XAG/USD trades around mid-$33.00s; just below multi-week top
Silver (XAG/USD) edges lower after testing the three-week top during the Asian session on Friday and currently trades around the mid-$33.00s, down 0.30% for the day. The technical setup, however, warrants caution before positioning for any meaningful depreciating move.
Technical Analysis
Silver
Commodities
XAGUSD
FX option expiries for 25 April 10am New York cut
FX option expiries for 25 April 10am New York cut
A look at what is on the board for today
India Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Friday, according to data compiled by FXStreet.
Gold
Commodities
Metals
India
EUR/JPY Price Forecast: Rises above 162.50, nine-day EMA
EUR/JPY Price Forecast: Rises above 162.50, nine-day EMA
EUR/JPY extends its gains for the third successive session, trading around 162.80 during the Asian hours on Friday. Technical analysis of the daily chart shows the currency cross consolidating within an ascending channel, reinforcing a bullish outlook.
Technical Analysis
Eurozone
Japan
EURJPY
AUD/JPY hits multi-week high, around 92.00 amid signs of easing US-China trade tensions
AUD/JPY hits multi-week high, around 92.00 amid signs of easing US-China trade tensions
The AUD/JPY cross attracts some follow-through buyers for the third successive day and touches over a three-week top, around the 92.00 mark during the Asian session on Friday.
RBA
Currencies
TradeWar
AUDJPY
BOJ
Forexlive Asia-Pacific FX wrap: USD jumps as China weights tariff exemptions
Forexlive Asia-Pacific FX wrap: USD jumps as China weights tariff exemptions
Forex news for Asian trading on Apr 24, 2025
Session wrap
Wrap Asia
Gold price bounces off daily low after China denies negotiations on tariffs; keeps the red just above $3,300
Gold price bounces off daily low after China denies negotiations on tariffs; keeps the red just above $3,300
Gold price (XAU/USD) recovers slightly from the daily low and climbs back above the $3,300 mark in the last hour, though it retains the negative bias through the first half of the European session on Friday.
TradeWar
Fed
SEO
Gold
Commodities
China mulls suspending its 125% tariff on some US imports – Bloomberg
China mulls suspending its 125% tariff on some US imports – Bloomberg
Citing sources familiar with the matter, Bloomberg reported on Friday that China is mulling suspending its 125% tariff on some US imports including medical equipment, ethane and plane leasing.
China
TradeWar
UnitedStates
AUDUSD
WTI climbs toward $63.00, remains headed for a weekly loss amid oversupply worries
WTI climbs toward $63.00, remains headed for a weekly loss amid oversupply worries
West Texas Intermediate (WTI) Oil price extends its gains for a second straight day, trading around $62.80 during Friday's Asian session.
Oil
WTI
Macroeconomics
Commodities
Majors
USD/INR attracts some buyers amid renewed US Dollar demand, geopolitical risks
USD/INR attracts some buyers amid renewed US Dollar demand, geopolitical risks
The Indian Rupee (INR) weakens on Friday, pressured by renewed US Dollar (USD) demand. Heightened geopolitical tensions following a terror attack in Pahalgam, Jammu, and Kashmir also drag the Indian currency lower.
EmergingMarkets
SEO
USDINR
India
Macroeconomics
USD/CAD holds gains above 1.3850 on optimism over potential US trade deals
USD/CAD holds gains above 1.3850 on optimism over potential US trade deals
USD/CAD recovers its recent losses from the previous session, trading around 1.3870 during the Asian hours on Friday. The pair gains as the US Dollar (USD) strengthens, supported by optimism surrounding potential US trade deals.
USDCAD
Majors
Macroeconomics
Canada
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