Britain seek to agree decisive action from G7

British government on Tuesday seek to agree decisive action from G7 partners to protect democracies against global threats like those posed by China and Russia. In the second day of Hosting in the foreign ministers' meeting in London designed to lay the groundwork for a leaders' summit in June, Raab will lead talks among the [...]

Moody’s outlook for US GDP supports greenback

The dollar climbed on Monday due to recent news supporting the greenback. As per the recent summary from the global rating giant Moody’s, US economic growth is likely to accelerate further and pose “the strongest two years of growth since 1950-1951 at the height of the post-World War II economic boom.” The analysis expects 7.0% [...]

Rise in Us treasury yield weighs on gold

Gold is trading low against greenback today the yellow metal is pressured by U.S. Treasury yields that are on the rise again, and by a slight rebound in the U.S. dollar index today. Thursday's report on first-quarter U.S. gross domestic product report showed a rise of 6.4% compared to market expectations for a rise of [...]

Pound trades upside in a expense of US dollar index

The Pound has gained strength and accumulates a move showing its strong gains in the past few sessions. The pound has made gains with the response to the US dollar index (DXY), which tracks the movement of the greenback against its counterpart. The index lost its ground on Wednesday and fell to multi-week lows, thus [...]