12/05/2025
The Pound Sterling benefits from optimism surrounding the UK-US trade agreement, while the Euro remains under pressure amid expectations of further ECB rate cuts.
Currency markets remain cautious ahead of critical trade discussions between the US and China over the weekend.
Currency markets are in a cautious stance ahead of major central bank decisions, particularly the Bank of England’s rate announcement today.
Currency markets remain in a holding pattern ahead of today’s Federal Reserve rate decision and Fed Chair Powell’s comments.
Currency markets remain range bound as traders await the Federal Reserve’s policy decision, which is expected to shape sentiment in the near term.
Market sentiment remains cautious ahead of the US Nonfarm Payrolls report, which is expected to shed light on the impact of tariffs on employment trends.