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Textiles to whisky: U.K.–India 'historic' deal is set to boost bilateral trade by over $34 billion a year
U.K. and India's bilateral trade is set to get a more than $34 billion annual boost over the long term following their free trade agreement, with the countries' leaders calling it a "historic" deal. The FTA, which slashes duties on goods including textiles, alcohol and automobiles, was signed Thursd
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Dollar assailed on all sides as August approaches
The US Dollar, during mid-July, looked like it could break a 6 month losing streak and with the Dollar Index already -10.70% down YTD by July 1st, it wasn’t a second too late for the Greenback. US jobs added data printed 38% above expectations and unemployment stayed static at 4.1%, whilst recent re
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GBP/USD trades with positive bias below 1.3400, remains close to multi-week low ahead of UK CPI
GBP/USD gains some positive traction as the USD enters a bullish consolidation phase. Reduced Fed rate cut bets and a weaker risk tone act as a tailwind for the Greenback.Traders now look forward to the UK CPI report and the US PPI print for a fresh impetus. The GBP/USD pair ticks higher during the
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AUD/USD demonstrating relative strength [Video]
In this TradeGateHub Live Trading session, the AUD/USD is showing relative strength, holding onto its gains despite initial dollar weakness sparked by inflation data. The Australian dollar maintains a viable objective around the 0.6650 level, supported by a key level at 0.6540. Coach also initiated
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EUR/JPY Price Forecast: Crosses above 170.00, refreshes yearly highs
EUR/JPY climbs to 170.42, its highest level since July 2024.Bullish trend intact above Ichimoku Cloud, RSI nears overbought zone.A break above 171.09 opens path to 172.00 psychological resistance.Drop below 170.00 could trigger pullback toward 169.25 or July swing low at 168.45. The EUR/JPY crosses
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EUR/USD: Chance for EUR to retest 1.1830 – UOB Group
Conditions remain overbought, but there is a chance for Euro (EUR) to retest 1.1830 against US Dollar (USD); the likelihood of it rising above 1.1850 is not high. In the longer run, overbought conditions suggest a slower pace of advance, and it remains to be seen whether 1.1900 is within reach, UOB
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USD/CAD retreats below 1.3700 as Canada resumes trade talks with the US
The US Dollar extends losses on risk appetite and hopes of Fed rate cuts.Canadian Prime Minister Carney confirmed that trade talks will continue this week.Weak Canadian GDP data and lower Oil prices weighed on the Loonie last week. The US Dollar is giving away most of the ground taken in the previou
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Will Silver break $50 in the second half of 2025? [Video]
As we enter the second half of 2025, the writing is on the wall: the greatest wealth transfer in history is underway. A powerful new phase of the Commodities Supercycle is now in motion and traders who position smartly are set to capitalize on the biggest financial shift of our lifetime. While Gold
