USDCHF trades sideways between key resistance and support; moving averages suggest a neutral market outlook.
Bank of England cuts rate to 4.25%, signals gradual easing amid inflation, wage pressures, and uncertainties.
US-UK trade deal keeps 10% tariff; focuses on automotive, steel sectors with potential future changes.
Mexico’s core inflation rises slightly; strong US dollar impacts forex, gold; XRP gains amid crypto optimism.
Unit labour costs rose 5.7% while productivity fell 0.8%, signaling potential inflationary pressures ahead.
Mexico’s annual inflation hit 3.93% in April, slightly surpassing expectations and reflecting regional economic trends.
Market focus shifts to jobless claims, Q1 productivity, and wholesale inventories amid rising metal imports.
Mexico’s inflation slightly surpassed forecasts; US dollar strength impacted currencies, gold declined, while XRP gained momentum.
EU seeks balanced trade solution with US, considers export restrictions, and plans WTO dispute over tariffs.
GBP/JPY rises near 193.00 as BoE cuts rates; Pound strengthens despite divided policy outlook.
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