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GBP/USD declined a full 1% on Monday after US tariff walkback boosted Greenback.Key UK and US data looms ahead on Tuesday.UK labor data will be followed up by a key US CPI inflation print. GBP/USD fell on Monday, tumbling a little over one percent and pushing the pair back down below the 1.3200 hand

Oil and metals prices rose after the US and China said they will temporarily lower tariffs on each other’s products, with the US reducing its levies on most Chinese imports from 145% to 30% and China lowering its duties on US good from 125% to 10% for 90 days. Metals – Copper jumps on trade optimism

USD/JPY erases gains, shifts spotlight to bearish trajectory. Resistance at 144.23, support at 141.60. USDJPY has broken out of a brief bullish channel after failing to push past the constraining zone at 145.35, raising concerns that the bearish trend may still have room to extend. With the RSI fail

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German GDP rose 0.2% QoQ in Q1 vs. 0.2% forecast.Annual German GDP declined 0.2% in Q1 vs. -0.2% anticipated.EUR/USD stays defensive below 1.1400 after the German Q1 GDP report. The German economy expanded by 0.2% over the quarter in the first quarter of 2025, following a 0.2% contraction in the fin