EUR/AED Exchange rate
Editors’ Picks
Gold: Trade war fears lift Gold to new record high
Gold shined as the go-to safe-haven asset amid growing fears over a deepening global trade war. US tariff announcements and key employment data could lift XAU/USD’s volatility. The technical outlook points to overbought conditions in the near term.
EUR/USD: US Dollar to fall further despite ruling uncertainty
The EUR/USD pair remained under selling pressure for a second consecutive week but ended it little changed at around 1.0820. The US Dollar remained trapped between tariff-related concerns and tepid US data, limiting its safe-haven condition.
GBP/USD picks up pace and retests 1.2960
GBP/USD now capitalises on the Greenback's knee-jerk and advances to the area of daily peaks in the 1.2960-1.2970 band, helped at the same time by auspicious results from UK Retail Sales.
Week ahead: US NFP and Eurozone CPI awaited as tariff war heats up, RBA meets
Trump’s reciprocal tariffs could spur more chaos. US jobs report might show DOGE impact on labour market. Eurozone inflation will be vital for ECB bets as April cut uncertain. RBA to likely hold rates; Canadian jobs, BoJ Tankan survey also on tap.
US: Trump's 'Liberation day' – What to expect?
Trump has so far enacted tariff changes that have lifted the trade-weighted average tariff rate on all US imports by around 5.5-6.0%-points. While re-rerouting of trade will decrease the effectiveness of tariffs over time, the current level is already close to the highest since the second world war.