Stocks remain sharply higher midday as investors celebrate an agreement by the U.S. and China over the weekend to cut tariffs on each other for 90 days. The de-escalation shows President Donald Trump "listened to the critics,

Gold price weakens as Fed holds rates, dollar strengthens, and UK trade deal reduces safe-haven demand; key support levels now in focus.

GBP/USD’s bullish reversal puts the pair on pace to enter a rough congestion pattern in the near-term. Price action has been in a choppy phase since slipping back from recent highs near 1.3450, but bearish momentum has been struggling to drag bids back down to the 50-day Exponential Moving Average (EMA) near 1.3100.

U.S. stock index futures showed little movement on Friday following a previous rally driven by a new trade deal between the U.S. and Britain. The meeting between U.S. and China representatives is also in focus.

US stocks surged to close near the highs of the session on Monday after a US-China deal to temporarily slash reciprocal tariffs offered relief to markets worried about a trade war. Wall Street notched a banner day after the US and China put tariffs on pause for 90 days,

The Dow, S&P 500, and Nasdaq all rallied for a second day Thursday as the stock market focused on Trump's trade deal with the U.K.

Darren Jones says the government "has protected jobs because of this trade deal", as shadow trade secretary Andrew Griffith calls it "disappointing".

While the details of the deal are still being worked out, it will lower tariffs on cars imported from the UK to 10%, while slashing levies on beef products.

The world's largest cryptocurrency rose alongside the overall market after President Trump unveiled a trade deal with the UK and hinted more ... and JPMorgan analyst Harlan Sur both called the reaction to Cue’s commentary “overdone.”