Markets

GBP/USD pulls back heading back towards 1.2550

GBP/USD has pulled back from an unexpected rise to 1.2600 following Brexit headlines. The pair is trading again at 1.2560,

Targeted support will be provided to the most vulnerable with £5bn in one-time payments — Rishi Sunak

British Chancellor of the Exchequer Rishi Sunak on Thursday announced new plans to offer targeted aid to the UK’s most

US: Initial jobless claims fall more than expected to 210,000

Initial jobless claims fall to 210,000. Continued orders rise from 1969 lows to 1,346,000. The dollar is not impacted by

USA: Economy contracts at a rate of 1.5% in the first quarter, worse than expected

New GDP growth estimate for the first quarter revises figures downwards. Activity contracted 1.5% (annualized) instead of the 1.4% previously

DXY would target 99.80 to lose 101.80 – BBH

The dollar is trading somewhat weak on Thursday, following the latest Federal Reserve meeting minutes released on Wednesday. Analysts at

Gold Price Forecast: XAU/USD falls to six-day lows

Gold extended the pullback from two-week highs. Bullish tone would be reinforced above $1855. Neutral metals in the week, recovery

NZD/USD Remains Confined In Range Below 0.6500, Downside Looks Limited

NZD/USD ranged below 0.6500 during the first half of the European session. Recession fears turned out to be a key

EUR/USD makes new daily highs above 1.0720

Dollar weakness supports EUR/USD rally after Wednesday’s decline. Euro tries to hold above 1.0700, hangs on to weekly gains. US

EUR/JPY Price Analysis: More rally seen above 136.80

EUR/JPY alternates gains with losses below 136.00. Further consolidation is likely in the near term. EUR/JPY is trading volatile after

S&P 500: Calm holding on to weekly gains; the dollar loses strength

Equity markets with contained tours on Thursday. Data ahead of the US: GDP in the first quarter and unemployment benefits.

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