US and Japan to settle issues about mutual trade tariffs Bloomberg reported that Japan’s authorities have begun negotiations with Washington. Japan aims to clarify the details of the retaliatory tariffs introduced by US President Donald Trump....
European gas storage below 5-year average, UBS reports The gas crisis is escalating, affecting both Europe and the United States. The issue of natural gas is more relevant than ever! According to experts at UBS, European gas storage levels are...
Date: 21st February 2025. European PMI Disappoint, Weighing on Euro Before German Elections The German Manufacturing PMI read 0.5 points higher than previous expectations and the Services PMI was 0.2 points lower. The data from Germany was a relief...
GBP/USD Trading Analysis Update Friday, February 21, 2025 The GBPUSD pair price is still continuing its upward rally even though it was corrected down at low prices of 1.2562. The current price movement is trying to reach the psychological level of...
With the exception of the US dollar (USD), the pound sterling (GBP) increased versus its primary counterparts on Friday following the announcement of strong UK retail sales statistics for January. Retail sales, a crucial indicator of consumer...
