GBP shows downward bias against USD; further pullback possible, but major support breach remains uncertain near-term.
Today’s focus: UK, Eurozone PMI data, Trump-Carney tariff talks, and a potential US trade deal announcement.
Japanese Yen rises for third day amid BoJ’s stance, global tensions, and cautious trading behavior.
European stock futures dip amid softer risk sentiment; US and German markets decline while UK edges higher.
Spain’s bond yields fell; EUR/USD dropped amid German politics; gold rose on Middle East tensions.
Switzerland’s jobless rate holds steady at 2.8% in April as unemployment numbers slightly decline.
Chinese firms reroute exports through Asia to avoid tariffs, risking trade tensions and undermining Trump’s policies.
EUR/USD expiry at 1.1325 aligns with key moving averages; markets steady ahead of Fed rate decision.
France’s services PMI contracts; EUR/USD dips, gold nears highs; Bitcoin steady; AI tokens consolidate amid uncertainty.
U.S. lawmaker proposes tracking AI chips amid concerns over Nvidia smuggling and export control violations.
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