The Pound Sterling remains bid for the third consecutive day, bolstered by positive market sentiment, edging up 0.34% as the GBPUSD trades at 1.2519, above the 50-day Simple Moving Average (SMA) at 1.2501.
After weakening against major rivals on improving risk mood and disappointing US data on Tuesday, the US dollar struggles to hold its ground early Wednesday, while investors continue to scrutinise comments from central
The Japanese Yen remains depressed through the early European session on Tuesday amid worries that Japan will also be a target for Donald Trump’s trade tariffs. Furthermore, the US president’s decision to
Markets were warned by Trump. Yet, despite clear signals, investors remained complacent — until now. The shockwaves of US President Donald Trump’s aggressive tariff policies are rattling markets, sending currencies lower, stock
The US Dollar gathers strength on the first trading day of February as markets adopt a cautious stance in reaction to President Donald Trump’s tariff announcements. The EURUSD pair continues its downward
By Charles Ellinas The big issue for energy markets in 2025 is Donald Trump’s return. In a matter of days, he took the oil and gas sector by storm and his impact
By Charles Ellinas Despite their foresight, contingency plans, position papers and gaming out a second Trump term, EU leaders find themselves exactly where they were four years ago: unprepared and knocked out.
The European Central Bank’s decision to cut its benchmark interest rate to 2.75% underscores the persistent economic stagnation gripping the Eurozone, warns deVere Group, one of the world’s leading independent financial advisory and
Major currency pairs trade in narrow ranges early Friday, following some volatility seen on Thursday, after gold gathered bullish momentum and rose more than 1% on Thursday. XAUUSD continued to stretch higher
The Federal Open Market Committee maintained its policy rate in the target range of 4.25-4.5% on Wednesday, a move predicted last year by Nigel Green, CEO of leading independent financial advisory deVere Group.
