US unemployment claims fell to 228,000, with continuing claims down and the dollar maintaining strength.
Upcoming U.S. trade deals may maintain 10% tariffs, raising concerns over stalled talks and retaliation.
EUR/GBP falls to 0.8470 as Pound rises; BoE cuts rates, lifts GDP forecast amid trade tensions.
USDCAD climbs post-FOMC, testing key resistance at 1.3904 with bullish momentum and strong support below.
U.S. initial jobless claims hit 228,000 in early May, slightly below expectations, signaling economic steadiness.
UK-US trade deal disappoints; FTSE dips as vague terms keep tariffs on steel, autos, and tech.
US labor costs rose sharply, strengthening the dollar; gold dipped, GBP/USD and EUR/USD declined, XRP surged.
US jobless claims rise, GBP and EUR fall on dollar strength; gold dips, XRP gains on crypto optimism.
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.
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