Livesquawk is out with the latest headlines, citing that the US is said to give eight countries oil waivers under Iran sanctions.
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EUR/USD clings to recovery gains below 1.0800
EUR/USD is trading under 1.0800, holding the recovery from three-week lows in European trading on Thursday. The pair holds gains amid renewed US Dollar selling as traders digest latest tariff threats from US President Trump. Traders resort to repositioning ahead of Friday's US PCE inflation data.
GBP/USD holds gains above 1.2900 on US Dollar weakness
GBP/USD trades with positive bias above 1.2900 in Thursday’s European morning. The pair holds the latest uptick amid renewed US Dollar weakness as fresh Trump tariff threats rekindle US economic slowdown concerns. Focus remains on tariff updates and mid-tier US data.
Gold price retreats from weekly high; sticks to positive bias amid concerns over Trump's tariffs
Gold price retreats slightly after touching a fresh weekly high earlier this Thursday and trades with modest intraday gains, just below the $3,030 level heading into the European session. An improvement in the global risk sentiment turns out to be a key factor acting as a headwind for the precious metal.
Cardano bulls target double-digit gains as bullish bets increase among traders
Cardano price hovers around $0.74 at the time of writing on Thursday after a recovery of over 4% so far this week. On-chain data hints at a bullish picture as ADA’s stablecoin market cap rises while its bullish bets increase among traders.
Sticky UK services inflation shows signs of tax hike impact
There are tentative signs that the forthcoming rise in employer National Insurance is having an impact on service sector inflation, which came in a tad higher than expected in February. It should still fall back in the second quarter, though, keeping the Bank of England on track for three further rate cuts this year.
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