Pound US Dollar Exchange Rate Forecast: GBP/USD Price Crashes on US-China Tariff Truce
Looking ahead, a key catalyst of movement in the Pound to US Dollar exchange rate on Tuesday will undoubtedly be the latest US consumer price index. April's CPI figures may extend the US Dollar's bullish momentum if they report an acceleration of US inflation.
Source: exchangerates.org.uk
Published (UTC): 2025-05-12 23:00:00
GBP/AUD Forecast: Pound Plummets vs Aussie Dollar on US-China Tariff Agreement
As we move towards Tuesday, some significant UK and Australian data will likely be the key driver of movement for the Pound Australian (GBP/AUD) exchange rate. Looking at the Australian Dollar, Australia will release both its Westpac consumer confidence index for May and its NAB business confidence reading for April.
Source: exchangerates.org.uk
Published (UTC): 2025-05-12 23:00:00
EUR/JPY Price Analysis: Euro holds near 165.00 as bullish momentum builds
The EUR/JPY pair advanced on Monday, trading near the 165.00 zone after the European session, reflecting a strong bullish tone as the market heads into the Asian session. The pair remains positioned within the middle of its recent range, suggesting that buyers maintain control despite some mixed short-term signals.
Source: fxstreet.com
Published (UTC): 2025-05-12 23:00:00
Silver Price Forecast: Consolidates Near Highs, Breakout or Breakdown Looms
Silver consolidates in a potential bull pennant pattern, with bullish follow-through likely if price breaks above $32.99 toward $33.70 and higher.
Source: fxempire.com
Published (UTC): 2025-05-12 22:40:57
USD/CHF Rallies as US & China Pause Reciprocal Tariffs
USD/CHF trades back above the former support zone around the 2023 low (0.8333) as it rallies to a fresh monthly high (0.8476).
Source: forex.com
Published (UTC): 2025-05-12 21:22:00
USD/JPY Blasts Through 148 as USD Turn Gathers Pace
Both USD and USD/JPY have started off the week with significant strength and the question now is whether bulls can continue driving reversals amidst a heavy week of data.
Source: forex.com
Published (UTC): 2025-05-12 20:46:00
USD/CAD extends gains on trade optimism, policy divergence, and upcoming US data
The US Dollar (USD) is trading higher against the Canadian Dollar (CAD) at the start of the week, supported by renewed risk appetite following a US–China trade agreement, diverging interest rate expectations, and anticipation of major US economic data.
Source: fxstreet.com
Published (UTC): 2025-05-12 20:07:54
Rabobank Maintains USD/JPY Forecast at 140 Despite Trade-Led Bounce
A short-term US Dollar rebound driven by renewed US-China trade optimism has pressured the Japanese Yen, but foreign exchange strategists at Rabobank continue to forecast the USD/JPY exchange rate at 140 over a 12-month horizon. “News that the US and China have reached an agreement that substantially lowers trade tariffs between them for.
Source: exchangerates.org.uk
Published (UTC): 2025-05-12 20:00:00
Gold price plunges over $100 as US-China deal fuels USD rally
Gold prices tumbled over 3% on Monday, following improvements in risk appetite after weekend discussions between the US and China, which agreed to a 90-day tariff reduction. At the time of writing, the XAU/USD trades at $3,225, having hit a daily high of $3,326.
Source: fxstreet.com
Published (UTC): 2025-05-12 19:49:56
Gold, Silver, Platinum Forecasts – Gold Dives 3% After Successful U.S. – China Talks
Precious metals are losing ground as demand for safe-haven assets declines.
Source: fxempire.com
Published (UTC): 2025-05-12 19:45:07
Magnificent Seven Gain $700B After US-China Slash Tariffs, Gold Crashes: What's Driving Markets Monday?
Wall Street staged a robust rally Monday following the U.S.-China trade truce that slashed reciprocal tariffs by over 100 percentage points. By midday, risk-on sentiment was running at full throttle, propelling the Nasdaq 100 up 3.5% and lifting the S&P 500 by 2.7% to 5,815.43—its highest level since March.
Source: benzinga.com
Published (UTC): 2025-05-12 19:20:59
EUR/CAD Price Analysis: Euro steadies near 1.5600 as bearish pressure builds
The EUR/CAD pair traded near the 1.5600 zone on Monday, reflecting a minor loss after the European session as selling pressure persisted. The pair remains within the middle of its daily range, suggesting cautious sentiment as traders assess the broader outlook.
Source: fxstreet.com
Published (UTC): 2025-05-12 19:00:00
GBP/USD on Track to Test Positive Slope in 50-Day SMA
GBP/USD may struggle to retain the advance from the April low (1.2709) should it no longer respond to the positive slope in the 50-Day SMA (1.3084).
Source: forex.com
Published (UTC): 2025-05-12 18:32:00
USD/CHF rallies as US-China Trade Truce Lifts Dollar Sentiment
The USD/CHF pair is trading higher, supported by a broad rally in the US Dollar following a significant breakthrough in US-China trade relations. The two countries have agreed to a 90-day pause in their trade war, with the US cutting tariffs on Chinese goods to 30% (from 145%) and China reducing its duties to 10% (from 125%).
Source: fxstreet.com
Published (UTC): 2025-05-12 18:30:00
U.S. Dollar Soars As U.S. And China Reduce Tariffs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
Forex traders react to successful trade talks between U.S. and China.
Source: fxempire.com
Published (UTC): 2025-05-12 18:28:53
Gold outlook: Trade truce pressures likely to keep XAU/USD under pressure for a while
The US-China tariff truce was exactly the kind of news risk markets were craving—and it delivered. Equities ripped higher, the US dollar flexed some muscle, and safe havens like gold got left behind.
Source: forex.com
Published (UTC): 2025-05-12 18:16:00
USD/CAD Outlook: The Loonie Weakens After Temporary Pause in Trade War
The past four trading sessions have been key for USD/CAD movements, with a new short-term bullish bias emerging as the pair has gained over 1.5% in favor of the U.S. dollar.
Source: forex.com
Published (UTC): 2025-05-12 18:06:00
EUR/USD Price Analysis: Euro drifts near 1.1100 as bearish momentum builds
The EUR/USD pair traded near the 1.1100 zone on Monday, reflecting a sharp drop after the European session as sellers gained control. The pair remains within the middle of its daily range, suggesting that while bearish pressure is dominant, the market lacks a clear breakout signal.
Source: fxstreet.com
Published (UTC): 2025-05-12 17:39:26
Pound Sterling Price News and Forecast: GBP/USD crashes on US-China trade truce boosting US Dollar
The Pound Sterling collapsed by over 0.71% or 90 pips on Monday, following developments over the weekend that boosted the US Dollar. News of the US-China de-escalation of the trade war weighed on Sterling, which plummeted from around 1.3298.
Source: fxstreet.com
Published (UTC): 2025-05-12 17:35:18
GBP/USD crashes on US-China trade truce boosting US Dollar
The Pound Sterling (GBP) collapsed by over 0.71% or 90 pips on Monday, following developments over the weekend that boosted the US Dollar (USD). News of the US-China de-escalation of the trade war weighed on the Sterling, which plummeted from around 1.3298.
Source: fxstreet.com
Published (UTC): 2025-05-12 17:20:20