CAD/MYR Exchange rate

EUR/USD extended its intraday rebound to the 1.1180 zone, or daily highs, on Tuesday, as the US Dollar remains on the back foot while investors keep digesting the softer-than-expected April inflation data and the recent US-China trade deal.

GBP/USD resumes its uptyrend on Tuesday and reclaims the 1.3300 barrier and beyond, propped up by broad-based weakness in the US Dollar. The Dollar’s decline accelerated after lower-than-estimated US inflation readings in April, reinforcing expectations of a patient Federal Reserve.

Gold prices pared some of their early-week losses and hovered near $3,250 on Tuesday afternoon, supported by a cautious market tone and softer-than-expected US April CPI data, which helped XAU/USD stabilise.

UnitedHealth Group stock slumped 10.4% in Tuesday's premarket after the United States' largest private health insurer said it would suspend guidance for 2025 due to increasing healthcare costs. The sell-off sent shares down to a more than four-year low near $340.

Markets roared back to life as the US and China hit pause on their escalating trade war, with both sides emphasizing mutual respect and dignity. But it wasn’t the fine print that moved markets—it was the mood shift. Investors rushed back into risk assets, betting that the worst might be behind us.