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EUR/USD holds losses near 1.1350 ahead of ECB policy decision
EUR/USD stays on the back foot near 1.1350 in European session on Thursday. The pair loses ground on the back of a broad US Dollar rebound and as traders turn cutious ahead of the European Central Bank interest rate decision and Lagarde's press conference.
Gold price remains on the defensive below all-time peak amid positive risk tone
Gold price enters a bullish consolidation phase after hitting a fresh all-time peak on Thursday. A modest USD bounce and a positive risk tone cap the commodity amid overbought conditions. US-China trade war concerns, recession fears, and Fed rate cut bets support the XAU/USD pair.
GBP/USD stays offered below 1.3250 as US Dollar attempts a bounce
GBP/USD remains under pressure below 1.3250 in Thursday's European trading, snapping its seven-day winning streak. A tepid US Dollar recovery amid risk appetite prompts the pair to pullback from six-month highs of 1.3292 set on Wednesday. Traders look to tariff headlibnes and US data for fresh impetus.
RAY sees double-digit gains as Raydium unveils new Pumpfun competitor
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Future-proofing portfolios: A playbook for tariff and recession risks
It does seem like we will be talking tariffs for a while. And if tariffs stay — in some shape or form — even after negotiations, we’ll likely be talking about recession too. Higher input costs, persistent inflation, and tighter monetary policy are already weighing on global growth.
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