From Investing.com: 2025-05-16 06:51:00

The dollar is on the verge of losing its weekly gains as trade optimism fades, but stocks are holding steady with hopes of new trade deals. Gold is struggling to recover, while markets are in a wait-and-see mode. Stocks are gaining momentum amid signs of more trade agreements in the works. The yen is gaining strength against the dollar despite uncertainties over a trade deal. The Fed is considering a rate cut, but no clear direction has been given. Gold is slipping again due to trade tensions, and oil prices are also down as the US and Iran near a deal.



Read more at Investing.com: Dollar Extends Pullback, Stocks Mixed as Markets Lack Direction