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The Pound Sterling rebounds to near 1.3300 against the US Dollar as the USD Index struggles to extend its two-day recovery.US Treasury Secretary Bessent hopes for a reduction in additional tariffs by both the US and China on each other.Investors await the US Durable Goods Orders and the UK Retail Sa

Uncertainty looms amid tariff turmoil Since our last FX Forecast Update, 21 March, the dominating theme for markets has been increased political turmoil in the US triggered by escalating trade tensions leading to mounting US recession concerns. President Trump’s signals have been mixed post Liberati

On the journey of investment and financial management, transparency of information and data interpretation are crucial. The P&L report serves as an essential tool for investors to track market trends. Whether you are involved in forex trading, gold investment, contracts for difference (CFDs), cr

Tomorrow has a juicier plate—US retail sales (probably big on stocking up) plus eurozone CPI. If we are looking to yields to guide FX trading, it ain’t easy. We saw a nearly 50 bp gain last week, the most in almost 20 years. Flying around like a kid’s out of control drone were many stories about del

President Donald Trump's tariff increase on imports from China would basically end most trade between that country and the U.S., according to economist Erica York. "It depends on how narrowly the tariff is applied or how broadly it's applied, but generally if you get north of a triple-digit tariff,

Scope affirmed the UK’s AA ratings on 28 March and kept the Stable Outlook. But fiscal deterioration and weaker debt sustainability increase risks to the rating, while 10% US tariffs on UK exports and 25% on steel and aluminium harm UK growth. The UK’s robust institutional framework, the standing of

US Dollar (USD) is likely to trade in a 145.20/147.50 range vs Japanese Yen (JPY). In the longer run, too early to expect weakness to stabilise, but USD must break and hold below 145.00 before further decline is likely, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. USD/JPY to continue

The stock market sell off has continued into Friday. The sell off is milder than Thursday’s historic sell off for risky assets, but it is a sign that buyers are thin on the ground as investors weigh up the consequences of President Trump’s tariff plans. US stock index futures are also pointing to a

The Dow Jones is struggling to find its feet after steep overnight losses. US equities have taken a haircut after the Trump administration’s tariff announcements. Rate markets are now at loggerheads with growth and inflation realities. The Dow Jones Industrial Average (DJIA) bottomed out near the 40

US Treasury Secretary Scott Bessent late Wednesday warned trading partners that any retaliation to the barrage of new tariffs from the White House would only result in further escalation. Key quotes My advice to every country right now is, do not retaliate. Sit back, take it in, let's see how it goe