About: melody

Recent Posts by melody

Trading around 99.50, the US Dollar Index recovers from a prior decline before Powell’s comments

US Dollar rebounds near 99.50 as markets await Fed rate decision and Powell’s remarks amid tensions.

Optimism rises with US-China discussions, bolstered by China’s supportive measures to improve trade relations

Markets rally on US-China trade talks; optimism grows amid de-escalation hopes, despite lingering tariff uncertainties.

Steady GBP trading is anticipated, aided by political support and potential US-UK trade agreement discussions

Sterling steady amid trade talks, upcoming summits, and Bank of England decisions; GBP/USD may rise.

The PBOC reduced the relending rate to 1.50%, following various prior financial measures for support

PBOC cuts relending rate to 1.50% from May 7 to support market activities and economy.

As the US Dollar gains ground, USD/CHF rebounds above 0.8250, ending its three-day decline

USD/CHF climbs past 0.8250 as Fed holds rates; SNB cut expected, Swiss Franc faces pressure.

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