GBP may test 1.2730 resistance against USD, with support at 1.2645 critical for sustaining upward momentum.
Deutsche Bank expects the ECB to cut rates by 25 basis points to 2.50% on March 6.
Dollar strength depends on equities; tariffs impact currencies. Yen and franc may rise if US stocks fall.
Gold prices may reach $3,000 by 2025 due to inflation, geopolitical instability, and central bank demand.
USD/CAD holds near 1.4500 as bearish oil prices weigh on CAD; resistance at 1.4545 and 1.4600.
China opposes U.S. tariffs, plans countermeasures, citing unilateralism and coercion, defending its rights and trade rules.
Gold prices in Saudi Arabia remained steady, with 1 gram at 348.47 SAR. Global trends and central bank demand influence prices.
British retailers expect price increases due to rising employment costs, food inflation, and operational expenses impacting consumers.
EUR/JPY declined as safe-haven demand rose, driven by US trade tensions and diverging central bank policies.
Australian retail sales rose 0.3% in January, driven by food spending and eased inflation, meeting expectations.
