Monthly Archives: May 2025
Sterling Extends Gains to 11-Month High, CPI and G7 Meeting in Focus

Written on May 21, 2025 at 6:25 am, by
Key Takeaways: *Pound Sterling gained ahead of the UK CPI reading. *Eyes on the G7 meeting that could alter the Pound Sterling price direction. The Pound Sterling has extended its rally, rising to its strongest level against G7 peers since last July, supported by robust UK economic data and positive momentum from recent U.S.-UK tradeContinue Reading
Euro Rises as Hopes for Russia-Ukraine Ceasefire Talks Grow

Written on May 21, 2025 at 6:24 am, by
Key Takeaways: *Market optimism rises as diplomatic channels reopen between Russia and Ukraine. *Trump’s active mediation sparks hopes for ceasefire, although no truce has been secured. *Euro supported by potential easing of geopolitical tensions in Eastern Europe. Prospects for resolving the Russia-Ukraine conflict have offered a glimmer of hope for the eurozone economy, lifting sentimentContinue Reading
Crude Oil Surges on Rising Israel-Iran Tensions

Written on May 21, 2025 at 6:23 am, by
Key Takeaways: *Crude oil prices spike on renewed geopolitical tensions in the Middle East. *U.S. intelligence suggests Israel may prepare to strike Iranian nuclear facilities. *Middle East instability poses risks to global oil supply, supporting prices. Market Summary: Crude oil prices surged sharply amid escalating tensions between Israel and Iran, renewing fears of potential supplyContinue Reading