Markets Mixed as ECB Steady Tone Supports Euro (11.05.2025)
Global markets traded cautiously on Wednesday, with EUR/USD stabilizing near 1.1490 as the ECB maintained a steady policy outlook supported by firmer Eurozone data.
The Japanese yen strengthened as risk aversion increased following a pullback in global equities and renewed intervention warnings from Tokyo. Gold and silver gained on safe-haven flows amid U.S. government shutdown concerns, while the British pound hovered near $1.30 ahead of the Bank of England’s policy decision. Investors now look to U.S. ADP employment and ISM PMI data for the next directional cues.
Technical Outlook on Charts
Euro Pauses Slide on ECB Support
Yen Strengthens on Risk Aversion
Gold Gains as Shutdown Fuels Uncertainty
GBP Near $1.30 Ahead of BoE Decision
Silver Recovers as Markets Turn Cautious
Global markets traded cautiously on Wednesday, with EUR/USD stabilizing near 1.1490 as the ECB maintained a steady policy outlook supported by firmer Eurozone data.
The Japanese yen strengthened as risk aversion increased following a pullback in global equities and renewed intervention warnings from Tokyo. Gold and silver gained on safe-haven flows amid U.S. government shutdown concerns, while the British pound hovered near $1.30 ahead of the Bank of England’s policy decision. Investors now look to U.S. ADP employment and ISM PMI data for the next directional cues.
Technical Outlook on Charts
Euro Pauses Slide on ECB Support
Yen Strengthens on Risk Aversion
Gold Gains as Shutdown Fuels Uncertainty
GBP Near $1.30 Ahead of BoE Decision
Silver Recovers as Markets Turn Cautious