GBPUSD Forex News

ATFX Market Outlook 22nd April 2025

ATFX Market Outlook 22nd April 2025

On Monday, President Donald Trump warned that the U.S. economy could slow unless interest rates are cut, criticizing Federal Reserve Chair Jerome Powell. This led to a sharp decline in U.S. equities, with the Dow falling 2.48%, the S&P 500 down 2.36%, and the Nasdaq dropping 2.55%. 
ATFX | 22h 58min ago
U.S. Dollar Falls As Asian Shares Traded Higher

U.S. Dollar Falls As Asian Shares Traded Higher

The U.S. dollar weakened against other major currencies in the Asian session on Monday amid increasing risk-on mood by the investors, with markets in Hong Kong, Australia and New Zealand shut due to the Easter holiday, following progress in tariff discussions between the Trump administration and other major economies.
RTTNews | 1 day ago
ATFX Market Outlook 17th April 2025

ATFX Market Outlook 17th April 2025

U.S. March retail sales saw their most significant increase over two years as households boosted purchases to counter tariff-related price hikes. Despite Federal Reserve Chairman Powell noting a slowdown in economic growth and denying a "Fed put," traders are betting on a potential one-percentage-point rate cut starting in June.
ATFX | 5 days ago
Pound Drops Against Majors

Pound Drops Against Majors

The pound weakened against its major counterparts in the New York session on Wednesday.
RTTNews | 6 days ago
U.S. Dollar Falls As U.S. Recession Fears, Fed Rate Cut Bets

U.S. Dollar Falls As U.S. Recession Fears, Fed Rate Cut Bets

The U.S. dollar weakened against other major currencies in the early European session on Wednesday, amid declining confidence in the U.S. economy and rising speculations that the Federal Reserve (Fed) will shortly start a new cycle of rate cuts.
RTTNews | 6 days ago