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GBP/USD Forecast. Forex Fundamental Analysis | 06 May 2025 – ForexNews.PRO
GBPUSD: The GBP/USD pair started the new week on a subdued note and is fluctuating in a narrow trading range around 1.3260-1.3265, near the one-week low reached during the Asian session. The US Dollar (USD) remains on the defensive below multi-week highs amid heightened economic uncertainty amid US President Donald Trump’s tariff plans and is…
2026 FX Outlook: Improved global growth boosts weaker US dollar; EUR, AUD, and JPY top picks
The defining narrative in the foreign exchange market for 2025 is a tug of war between “US exceptionalism – US dollar strong” and “US debasement – US dollar weak”. At the start of 2025, market consensus leaned heavily toward a bearish outlook for the US dollar, anchored on the new Trump administration’s aggressive fiscal agenda….
The rise in the Dollar Index is putting pressure on stock indices. MXN rate fell to a 6-week low
At Monday’s close, the Dow Jones Index (US30) was down 0.80%. The S&P 500 Index (US500) was down 0.18%. The NASDAQ Technology Index (US100) closed positive 0.18%. On Monday, the Dollar Index approached levels not seen since early August as hopes of a near-term interest rate cut by the Federal Reserve wane. Strong US economic…
Trading Strategies for Beginners (The Complete Guide)
Understanding how to react in different market situations is essential when beginning trading. So, what’s the secret formula? Well, veteran traders actually use a variety of trading strategies – not just one! Getting to grips with these strategies early can put you on a solid path to greater future success. I admit that, while at…
US Dollar edges lower after soft PCE data
DXY slips as profit-taking sets in, falling toward 107.80. Traders parse disinflationary PCE data after Fed’s hawkish cut on Wednesday. The soft inflation readings might not alter the ‘wait and see’ posture of the Fed. The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, took a hit…
New Hong Kong License Enables Doo Money Lender to Operate Alongside CFD Subsidiary
Doo Money Lender Limited, a subsidiary of Doo Group’s payment and exchange brand Doo Payment, has obtained a Money Lenders License from the Licensing Court of Hong Kong Companies Registry. The license formally permits the company to operate money lending services in Hong Kong under local regulations. Earlier, Doo Financial HK Limited, another Doo Group…
