Forex News
- Silver tumbles toward $83.06 support after failing near $90.
- RSI remains above 50, keeping broader bullish momentum intact.
- Break below $83.06 exposes $80.84 and $80.00 support.
Silver (XAG/USD) price recoils toward a key support level below $84.00 on Thursday as the US Dollar (USD) stages a recovery, and traders, unable to crack $90.00, opted to book profits after solid US Retail Sales data. At the time of writing, XAG/USD trades at $83.53, down more than 4.40%.
XAG/USD Price Forecast: Technical outlook
Silver retreated sharply as it aimed to test a crucial key support at the April 17 daily high, turned support at around $83.06, yet remained shy after hitting a daily low of $83.27.
From a momentum standpoint, buyers remain in charge as the Relative Strength Index (RSI) edges lower but remains above its 50-neutral level.
For a bullish continuation, XAG/USD must clear $85.00. A breach of the latter will expose the May 13 daily low, which has turned into resistance at $83.65, followed by the day’s high at $88.44. On further strength, the next resistance would be the May 13 high at $89.36, followed by $90.00.
Downwards, should XAG/USD drop below $83.06, a move towards the 100-day Simple Moving Average (SMA) at $80.84 is on the cards. Below here, the next support is the $80.00 milestone, ahead of the 20-day SMA at $77.59 and the 50-day SMA at $77.08. Beneath this area, the next stop would be the $70.00 figure.
XAG/USD Price Chart – Daily
Silver FAQs
Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.
Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.
Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.
Societe Generale strategists observe that USD/CNH has resumed its decline after repeated failures at the 50-DMA, which has capped rebounds since last year. The move is seen as stretched but still lacking signs of a meaningful rebound, with downside objectives around 6.77 and the 2023 trough at 6.69, while 6.81–6.85 are flagged as near-term hurdles.
Downside objectives and nearby hurdles
"USD/CNH has resumed its decline after failing to establish itself above the 50-DMA, which has capped rebounds since last year."
"The downward move is somewhat stretched; however, signals of a meaningful rebound are not yet visible."
"The next objectives could be located at projections of 6.77 and the 2023 trough of 6.69."
"Presidential discussions between the US and China over the next 48 hours are sideshow to the war but high-level engagement on trade and technology (Board of Trade has been touted for non-sensitive goods) is relevant at the margin and can help instill confidence in constructive dialogue and trade relations."
"The decline in USD/CNY to a 3-year low of 6.7861 highlights the tolerance of the PBoC to yuan appreciation and reflects optimism of lower trade tensions and the country’s BoP surplus."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Here is what you need to know for Friday, May 15:
The US Dollar Index (DXY) rises toward the 98.80 region, reaching fresh two-week highs after US Retail Sales rose 0.5% in April, highlighting resilient consumer spending despite elevated borrowing costs. Additional support for the Greenback emerged after reports that Stephen Miran submitted his letter of resignation from the Federal Reserve (Fed) Board of Governors, paving the way for Kevin Warsh as Fed Chair.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the British Pound.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.34% | 0.93% | 0.28% | 0.15% | 0.53% | 0.41% | 0.21% | |
| EUR | -0.34% | 0.57% | -0.09% | -0.20% | 0.14% | 0.00% | -0.12% | |
| GBP | -0.93% | -0.57% | -0.64% | -0.77% | -0.41% | -0.56% | -0.66% | |
| JPY | -0.28% | 0.09% | 0.64% | -0.15% | 0.23% | 0.08% | -0.09% | |
| CAD | -0.15% | 0.20% | 0.77% | 0.15% | 0.39% | 0.22% | 0.12% | |
| AUD | -0.53% | -0.14% | 0.41% | -0.23% | -0.39% | -0.14% | -0.24% | |
| NZD | -0.41% | -0.01% | 0.56% | -0.08% | -0.22% | 0.14% | -0.12% | |
| CHF | -0.21% | 0.12% | 0.66% | 0.09% | -0.12% | 0.24% | 0.12% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
EUR/USD falls toward the 1.1670 area as rising US Treasury yields and broad USD demand pressure the shared currency.
GBP/USD fell to a one-month low near 1.3400 as the stronger Greenback dominates market sentiment. Sterling remains under pressure amid ongoing UK fiscal and political concerns, while traders continue monitoring elevated gilt volatility and uncertainty surrounding Prime Minister Keir Starmer’s economic agenda.
USD/JPY climbs towards a two-week high near the 158.30 zone, supported by widening US-Japan yield differentials after the hotter US inflation data. The Japanese Yen (JPY) also loses some safe-haven demand as market sentiment improves following constructive headlines from the meeting between US President Donald Trump and Chinese leader Xi Jinping.
AUD/USD drops toward the 0.7220 region despite improving risk sentiment tied to positive US-China developments. According to a White House official, Trump and Xi discussed expanding economic cooperation, increasing Chinese investment and boosting Chinese purchases of US agricultural products.
West Texas Intermediate (WTI) Oil trades near the $97 per barrel area as traders monitor developments surrounding the Strait of Hormuz and the Middle East conflict. Trump and Xi reportedly agreed that the Strait of Hormuz must remain open, helping ease fears of a major supply disruption, although geopolitical tensions continue supporting elevated energy prices.
Gold falls toward the $4,660 region as rising US Treasury yields and stronger Fed tightening expectations reduce demand for non-yielding assets. Improved market sentiment following the Trump-Xi meeting also limits safe-haven flows into the precious metal.
What’s next in the docket:
Friday, May 15:
- FR April CPI EU norm YoY; FR April CPI YoY
- US May NY Empire State Manufacturing Index
- US April Industrial Production MoM
WTI Oil FAQs
WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as “light” and “sweet” because of its relatively low gravity and sulfur content respectively. It is considered a high quality Oil that is easily refined. It is sourced in the United States and distributed via the Cushing hub, which is considered “The Pipeline Crossroads of the World”. It is a benchmark for the Oil market and WTI price is frequently quoted in the media.
Like all assets, supply and demand are the key drivers of WTI Oil price. As such, global growth can be a driver of increased demand and vice versa for weak global growth. Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the US Dollar influences the price of WTI Crude Oil, since Oil is predominantly traded in US Dollars, thus a weaker US Dollar can make Oil more affordable and vice versa.
The weekly Oil inventory reports published by the American Petroleum Institute (API) and the Energy Information Agency (EIA) impact the price of WTI Oil. Changes in inventories reflect fluctuating supply and demand. If the data shows a drop in inventories it can indicate increased demand, pushing up Oil price. Higher inventories can reflect increased supply, pushing down prices. API’s report is published every Tuesday and EIA’s the day after. Their results are usually similar, falling within 1% of each other 75% of the time. The EIA data is considered more reliable, since it is a government agency.
OPEC (Organization of the Petroleum Exporting Countries) is a group of 12 Oil-producing nations who collectively decide production quotas for member countries at twice-yearly meetings. Their decisions often impact WTI Oil prices. When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices. When OPEC increases production, it has the opposite effect. OPEC+ refers to an expanded group that includes ten extra non-OPEC members, the most notable of which is Russia.
- US Retail Sales confirm consumer resilience despite higher gasoline prices.
- Stronger US Dollar and sticky inflation weigh on Gold’s appeal.
- Trump and Xi meet in China , with Taiwan tensions clouding trade optimism.
Gold (XAU/USD) retreats by some 0.25% during the North American session on Thursday as tensions in the Middle East remain high, while the US-China summit is underway, with President Donald Trump meeting Chinese President Xi Jinping. At the time of writing, the XAU/USD pair trades at $4,678.
XAU/USD falls as resilient US data boosts Dollar demand
Negotiations between the US and Iran have stalled, failing to provide relief for investors, yet US equities have pushed towards new all-time highs, as risk appetite improved. In the meantime, discussions between Presidents Trump and Xi began, with the former saying that Beijing agreed to buy 200 Boeing jets, while clearing sales of NVIDIA H200 chips to 10 Chinese firms.
The Chinese President, warned Trump that disagreements over Taiwan could push relations to “a very dangerous place” as the two began the two-day summit. Xi told Trump that negotiations between the US and Chinese trade teams in South Korea reached “balanced and positive outcomes.”
Economic data in the US showed that Retail Sales rose 0.5% MoM in April, matching forecasts but below March’s 1.6% reading. On an annual basis, sales increased 4.9%, beating expectations for 3.3% growth. At the same time, Initial Jobless Claims for the week ending May 9 came in at 211K, above the 205K forecast.
After the data, bullion extended its losses as the Greenback printed another leg higher, as American consumers remained resilient despite paying high gasoline prices at the pump.
The US Dollar Index (DXY), which tracks the buck’s value against a basket of six currencies, is up 0.38% at 98.82, refreshing two-week highs with investors setting their sights on the 100.00 barrier.
Another factor weighing on Gold is the latest US inflation data, which reflected the energy shock: the Producer Price Index (PPI) rose 6% YoY, and the Consumer Price Index (CPI) reached 3.8%, moving further away from the Federal Reserve’s 2% target.
Investors turned skeptical that the Federal Reserve will cut rates in 2026. Data from Prime Terminal shows that money markets expect the Fed to hold rates unchanged at the next meeting, the first under the new Fed Chair, Kevin Warsh.
Earlier, Kansas City Fed's Jeffrey Schmid stated that “inflation is the most pressing risk to the US economy.” He added that the economy “has shown remarkable resilience” and that the job market is “functioning effectively.”
Cleveland Fed Beth Hammack commented that central bank independence “is important in achieving our dual mandate goals of maximum employment and price stability.” She added that it allows policymakers to make decisions based “on incoming data and the evolving outlook.”
Ahead in the week, traders will eye the release of the New York Fed Empire State Manufacturing Index and speeches by Federal Reserve officials.
XAU/USD technical outlook: Gold consolidates within $4,650-$4,700
Gold continues to struggle to decisively break the $4,700 milestone, as bullish momentum fades and sellers seem to gain traction. The Relative Strength Index (RSI) shifted bearishly, indicating further downside lies ahead.
For a bearish continuation, sellers must clear $4,650. Once hurdled, the next area of interest would be the $4,600 mark before diving to the May 4 daily low of $4,500.
On the other hand, if bulls reclaim the $4,700, this could pave the way to challenge the 50- and 100-day Simple Moving Averages (SMAs) at $4,740 and $4,783, respectively. Once surpassed, the next stop would be $4,800.
Gold FAQs
Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.
Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.
Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.
The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.
BNY’s Geoff Yu notes that stronger Chinese industrial profits and reflation allow firms to absorb modest Chinese Yuan (CNY) appreciation without undermining exporters. He argues that last year’s trade surplus was achieved despite implicit Real Effective Exchange Rates (REER) appreciation via tariffs, and that domestic demand and earnings growth can support higher prices while keeping FX effects neutral for broader Chinese growth.
Chinese profits and firmer currency
"Base effects and long-awaited reflation are coming into play. Chinese companies onshore can benefit from stronger fiscal and household demand, while exporters are also looking to take advantage of broader market share to improve margins."
"Markets often expect Beijing to slow CNY appreciation in a soft-growth environment to protect exporters, but we see that risk as low for now."
"First, we stress that CNY appreciation for now is minimal. Its REER is only modestly positive on an annualized basis, even though this is the highest growth figure in three years."
"Second, last year’s large trade surplus was achieved despite a substantial implicit REER appreciation through tariffs, even after the truce that followed “liberation day” by several weeks. The cost was likely borne through extreme – and unsustainable – margin compression."
"Most importantly, China needs to drive growth through the domestic channel, and the focus this year, from both government and households, looks sharper. These earnings are FX-neutral, and the income and wealth effects that follow could materially lift growth expectations."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Federal Reserve (Fed) Governor Stephen Miran submitted his resignation letter from the Fed board on Thursday, effective on or shortly before Kevin Warsh is sworn in as the Fed's next chair, since there is no other open seat on the seven-member board for Warsh to fill, and Miran's term had expired in January.
Miran was appointed by US President Donald Trump to serve out the remaining five months of former Fed Governor Adriana Kugler's term as a temporary appointment ahead of his Fed chair nomination. With Warsh now confirmed as the next Fed chair, Miran is stepping down.
In a letter to President Trump released by the Fed, Miran recounted the arguments he made in favor of lower interest rates, familiar from his many public appearances and the dissents he registered at every Fed policy meeting, Reuters reported.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the British Pound.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.30% | 0.91% | 0.19% | 0.13% | 0.49% | 0.32% | 0.17% | |
| EUR | -0.30% | 0.59% | -0.13% | -0.18% | 0.15% | -0.02% | -0.13% | |
| GBP | -0.91% | -0.59% | -0.68% | -0.77% | -0.42% | -0.60% | -0.69% | |
| JPY | -0.19% | 0.13% | 0.68% | -0.09% | 0.28% | 0.10% | -0.05% | |
| CAD | -0.13% | 0.18% | 0.77% | 0.09% | 0.38% | 0.17% | 0.09% | |
| AUD | -0.49% | -0.15% | 0.42% | -0.28% | -0.38% | -0.17% | -0.25% | |
| NZD | -0.32% | 0.02% | 0.60% | -0.10% | -0.17% | 0.17% | -0.11% | |
| CHF | -0.17% | 0.13% | 0.69% | 0.05% | -0.09% | 0.25% | 0.11% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
TD Securities economists Oscar Munoz and team revise their Fed outlook, now projecting no rate cuts in 2026 as persistent inflation pressures from the Iran conflict, elevated Oil and strained supply chains delay disinflation. They still anticipate policy easing in 2027 back toward a 3% neutral rate, but warn the FOMC’s bar for cuts is rising and hawkish risks remain.
No cuts as inflation risks linger
"We are revising our Fed call and no longer expect rate cuts in 2026. With the Iran conflict in a stalemate, oil prices still high, and supply chains stressed, we no longer see inflation progress as feasible this year. Additional easing in 2027 is still our base case once impacts from Iran subside."
"We no longer look for rate cuts this year, as the inflation calculus will turn more problematic over the next few months. We remain optimistic regarding policy easing in 2027 (75bps starting in March), as we continue to expect the Fed to eventually bring policy back to our estimate of neutral at 3%. However, we cannot discard the possibility of the Fed staying on hold for even longer with numerous risks threatening the inflation outlook."
"Absent an unexpected deterioration in the labor market or an outside shock that rapidly tightens financial conditions, the Fed will not ease policy this year. The June FOMC meeting is increasingly becoming the likely platform for the Committee to signal its change in guidance. We expect this to be the case despite Kevin Warsh entering as Fed Chair."
"Likewise for the dot plot. We now expect the median Fed official won't pencil in rate cuts for 2026. Also, as noted before, we would not be surprised to see a few participants projecting hikes in 2027."
"The potential for the materialization of downside growth risks is a key reason why we see a rate cut as the more likely next move for the Fed vs a hike."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
- The US Dollar Index (DXY) climbs to a two-week high as traders raise bets on a Fed rate hike following strong US economic data.
- Markets remain focused on stalled US-Iran peace talks and the Trump-Xi summit in Beijing for fresh geopolitical signals.
- Technically, the DXY maintains a mildly bullish tone above the 200-day SMA, while momentum indicators improve.
The US Dollar Index (DXY), which tracks the Greenback against a basket of six major currencies, climbs to a two-week high on Thursday as traders ramp up expectations that the Federal Reserve (Fed) could keep interest rates elevated for longer following a fresh batch of strong US economic data. At the time of writing, the index is trading around 98.83, extending gains for a third consecutive day.
US Retail Sales rose 0.5% month-over-month in April, matching market expectations but slowing from the 1.6% increase recorded in March. Meanwhile, the Retail Sales Control Group, which feeds directly into Gross Domestic Product (GDP) calculations, also rose 0.5% after increasing 0.8% in the previous month.
Earlier this week, stronger-than-expected US Consumer Price Index (CPI) and Producer Price Index (PPI) data pushed inflation further away from the Federal Reserve’s (Fed) 2% target, increasing pressure on the central bank to tighten monetary policy. Traders have increased bets that the Fed could raise interest rates by year-end, with the CME FedWatch Tool showing a roughly 42% probability of a hike at the December meeting, up from around 33% a day earlier.
Kansas City Fed President Jeff Schmid said on Thursday that the US economy is “less vulnerable” to global Oil disruptions than in the past, though high Oil prices still “drain household spending power” and “raise business costs.” Schmid added that the US economy has shown “remarkable resilience” and that economic fundamentals remain sound.
Geopolitical uncertainty is also supporting the US Dollar. Investors remain focused on the US-Iran peace talks, which remain stalled, alongside the summit between US President Donald Trump and Chinese President Xi Jinping in Beijing. Trump said on Thursday that Xi Jinping offered to help on Iran and supports reopening the Strait of Hormuz, through which around 20% of global Oil shipments pass.
Technical Analysis:
In the daily chart, Dollar Index Spot trades at 98.83. The near-term tone is mildly constructive as price holds above the 200-day Simple Moving Average (SMA) at 98.53, but remains capped just below the 50-day SMA at 98.99, keeping the broader range intact. The Relative Strength Index (RSI) at 54.15 has recovered from earlier levels near 40, while the Moving Average Convergence Divergence (MACD) histogram turns slightly positive, hinting that bullish pressure is rebuilding, albeit under nearby trend resistance.
On the topside, immediate resistance emerges at the 50-day SMA clustered around 98.99, with a subsequent barrier at the horizontal level near 99.50, and a more significant cap at 100.50 if buyers extend the advance. On the downside, initial support is provided by the 200-day SMA at 98.53, ahead of stronger structural demand at 97.50, where a break would expose a deeper corrective phase within the broader consolidation.
(The technical analysis of this story was written with the help of an AI tool.)
Inflation FAQs
Inflation measures the rise in the price of a representative basket of goods and services. Headline inflation is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core inflation excludes more volatile elements such as food and fuel which can fluctuate because of geopolitical and seasonal factors. Core inflation is the figure economists focus on and is the level targeted by central banks, which are mandated to keep inflation at a manageable level, usually around 2%.
The Consumer Price Index (CPI) measures the change in prices of a basket of goods and services over a period of time. It is usually expressed as a percentage change on a month-on-month (MoM) and year-on-year (YoY) basis. Core CPI is the figure targeted by central banks as it excludes volatile food and fuel inputs. When Core CPI rises above 2% it usually results in higher interest rates and vice versa when it falls below 2%. Since higher interest rates are positive for a currency, higher inflation usually results in a stronger currency. The opposite is true when inflation falls.
Although it may seem counter-intuitive, high inflation in a country pushes up the value of its currency and vice versa for lower inflation. This is because the central bank will normally raise interest rates to combat the higher inflation, which attract more global capital inflows from investors looking for a lucrative place to park their money.
Formerly, Gold was the asset investors turned to in times of high inflation because it preserved its value, and whilst investors will often still buy Gold for its safe-haven properties in times of extreme market turmoil, this is not the case most of the time. This is because when inflation is high, central banks will put up interest rates to combat it. Higher interest rates are negative for Gold because they increase the opportunity-cost of holding Gold vis-a-vis an interest-bearing asset or placing the money in a cash deposit account. On the flipside, lower inflation tends to be positive for Gold as it brings interest rates down, making the bright metal a more viable investment alternative.
Rabobank's Global Strategist Michael Every outlines China’s central role in current geopolitical and financial dynamics. Every covers Trump’s visit to Beijing and potential outcomes from US-China talks, questions over a possible Grand Bargain, and China’s leverage over Iran. It also notes Euroclear’s consideration of China onshore bonds and Beijing’s efforts to promote yuan internationalisation.
US-China talks and yuan strategy
"In Eastenders, Trump, with a billionaire CEO entourage, is meeting Xi after posting in Air Force One that he will be asking him “to ‘open up’ China so that these brilliant people can work their magic, and help bring the People’s Republic to an even higher level!”"
"Indeed, as some talk of UK Labour going back to the 1970s, the US language is also of Nixon–Mao 2.0, albeit from a very different starting point."
"Everybody gets how important these talks are, but few consider the full US *and* Chinese contexts, and many takes are coloured by what they think of Trump."
"We will have to wait and see if we get a Grand Bargain that reshapes geopolitics and geoeconomics – and, yes, imbalances; smaller agreement on tariffs, tech (as the Netherlands protests a US proposal to further bar chip giant ASML from the China market), and even Taiwan; a de minimis Farce Two Trade Deal can-kicking exercise, or a Great Escalation."
"On which note, some media suggest China might be prepared to put pressure on Tehran, yet the New York Times reports that Chinese firms are plotting arms sales to it."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Forex Market News
Our dedicated focus on forex news and insights empowers you to capitalise on investment opportunities in the dynamic FX market. The forex landscape is ever-evolving, characterised by continuous exchange rate fluctuations shaped by vast influential factors. From economic data releases to geopolitical developments, these events can sway market sentiment and drive substantial movements in currency valuations.
At Rakuten Securities Hong Kong, we prioritise delivering timely and accurate forex news updates sourced from reputable platforms like FXStreet. This ensures you stay informed about crucial market developments, enabling informed decision-making and proactive strategy adjustments. Whether you’re monitoring forex forecasts, analysing trading perspectives, or seeking to capitalise on emerging trends, our comprehensive approach equips you with the insights needed to navigate the FX market effectively.
Stay ahead with our comprehensive forex news coverage, designed to keep you informed and prepared to seize profitable opportunities in the dynamic world of forex trading.
