Euro weakens against Pound despite Eurozone PMI gains; GBP supported by UK services boost and data trends.
GBP/USD declines past key support, bearish momentum persists; recovery limited, eyes interim support near 1.2940.
Eurozone PPI drops slightly; US job gains and services PMI shape markets; gold rises; Stellar risks correction.
Eurozone PPI falls 0.2% year-on-year, signaling stable pricing; markets eye monetary policy implications closely.
Pound weakens, hitting 1.3012; may dip below 1.3000, though oversold conditions could limit decline.
Pound recovers slightly after Reeves’ speech hints at tax hikes, causing market concern and Gilt gains.
Pound underperforms amid tax hike fears; Reeves hints at budget headroom, markets brace for rate cut.
Pound Sterling drops after Reeves hints at tax hikes, sparking market concerns over fiscal policy direction.
China urges cooperation as U.S. tariff plans raise concerns over global trade and agricultural collaboration dynamics.
EUR/USD’s momentum wanes; unlikely to hit 1.1450 today. Longer-term outlook remains bearish below resistance.
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