Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
News

News2025-05-16
The yen appears to have a further appreciation trend under the hawkish Bank of J
On Thursday, the Japanese Yen (JPY) continued to maintain a positive bias against the US dollar (USD) for the third day and now appears to have prevented the previous day‘s pullback from its weekly high. Japan‘s wholesale inflation data released on Wednesday s...

News2025-05-16
Gold/USD threatens key $3155 support ahead of U.S. data and Powell's speech
Gold prices sought to continue their selling of more than 2% the day before Thursday morning. Yellow metals remain vulnerable near the monthly low below $3,200 due to awaiting high-impact U.S. producer price index (PPI) and retail sales data, and a speech by F...

News2025-05-16
Gold prices fell to more than a month low and appeared to be fragile around $3,1
Gold prices (gold/USD) fell for the second straight day in the Asian session on Thursday, marking a negative move on the third of the previous four days, falling to a low in more than a month, below the $3,150 level. Optimism has become a key factor in continu...

News2025-05-16
The USD/CAD is still below 1.4,000 convergence resistance ahead of US PPI and Fe
The USD/Canadian pair strives to capitalize on the previous day’s good rebound from the 1.3900 mark and attracts new sells during Thursday’s Asian session. However, spot prices lack bearish confidence and are currently trading in the 1.3865 area, down less tha...

News2025-05-16
USD/CHF trades around 0.8400 with a negative bias and seems to have limited down
The USD/CHF pair worked hard to capitalize on the previous day‘s moderate gains during Thursday‘s Asian session and encountered new supplies. The intraday decline was driven by some USD (USD) selling, causing spot prices to fall below 0.8400 in the last hour, ...

News2025-05-16
GBP/JPY remains under pressure below 194.00, maintaining bullish bias
In early Thursday, the GBP/JPY crossover suffered some selling pressure around 193.85. The yen (JPY) rose slightly in front of the pound (GBP) as markets expected the Bank of Japan (BoJ) to raise interest rates again. Investors will closely monitor preliminary...

News2025-05-16
5.16 Gold bulls have strongly pulled back and continue to be long, crude oil mar
The same market, different guidance, different life. The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider one issue each time they trade: they think that as long as they predict the market‘s r...

News2025-05-16
Retail sales growth in the United States slowed down in April, with gold rebound
On May 16, in the early trading of Asian market on Friday, Beijing time, the US dollar index hovered around 100.63. On Thursday, the US dollar index fell and finally closed down 0.22% to 100.79 due to a slowdown in retail sales growth in April and an unexpecte...

News2025-05-16
Guide to short-term operation of major currencies
From a technical point of view, the US dollar index rose below 101.15 on Thursday and the decline above 100.55 was supported, meaning that the US dollar may maintain a downward trend after a short-term rise. If the US dollar index rises below 101.15 today and ...

News2025-05-16
The Fed's interest rate cut expectations have risen sharply, and the US dollar i
In Asian session on Friday, the US dollar index hovered above the 100 mark. This trading day will usher in the initial value of the University of Michigan Consumer Confidence Index in May, the monthly rate of the import price index in April, the initial value ...

News2025-05-16
Pound rises as UK GDP figures exceed expectations
The GBP attracted buys against its peers during the European trading session on Thursday, after releasing UK GDP data. The National Bureau of Statistics (ONS) reported that the economy grew at a strong rate of 0.7% between January and March, compared with an e...

News2025-05-16
Gold falls as geopolitical and trade war optimism hits risk aversion demand
Gold (XAU/USD) slid to $3,146 as it was writing Thursday after a series of headlines by U.S. President Donald Trump led traders to flee safe-haven assets. Trump said in a visit to the Middle East on Thursday that negotiations with Iran on a nuclear deal are po...

News2025-05-16
Euro/USD abandons some initial gains amid further easing of U.S.-China trade war
EUR/USD gave up half of its intraday gains during Thursday‘s European trading session. Still, the main currency pair rose 0.2%, trading slightly above 1.1200 at press time. The currency pair faces selling pressure as the U.S. dollar (USD) recovers some initial...

News2025-05-16
The bottoming out and lifts the big positive line, and gold and silver reversal
Yesterday, the gold market was at 3179.2 and then the market first rose, and then the market fell strongly. The daily line was at the lowest point of 3120.1 and then the market rebounded oversold. Then it was affected by the resurgence of fundamental risk aver...

News2025-05-16
A collection of positive and negative news that affects the foreign exchange mar
The following is a must-read news that affects the foreign exchange market by trading on May 16, 2025: The negative news related to the US dollar: The slowdown in retail sales growth in the US in April and the unexpected decline in PPI monthly rate, which impl...
CATEGORIES
News
- 【XM Forex】--BTC/USD Forex Signal: Short-Term Pullback Before Soaring to 100k
- 【XM Decision Analysis】--USD/CAD Forecast: Canadian Dollar Continues to Fall Apar
- 【XM Market Review】--BTC/USD Forex Signal: Bullish Outlook as Tensions Fall
- 【XM Forex】--Gold Analysis: Global Tensions Support Buying Sentiment
- 【XM Market Analysis】--CAC Forecast: CAC Continues to Pressure the Upside – Can I
- 【XM Market Review】--USD/MXN Analysis: Nervous Sentiment Causing a Volatile Forex