Trending
- Japan’s Inflation Accelerates in March, Increasing Pressure on the BOJ
- Crude Oil – Solid Weekly Rally Signals Rebound, but Weak Demand Outlook Weighs on Sentiment
- Dollar Index – Tight consolidation expected before fresh drop, with 100 level acting as key barrier
- China’s GDP expanded more than expected in the first quarter, offering a stronger-than-anticipated start to the year, even as markets brace for the economic impact of newly imposed U.S. tariffs
- Gold surges to a fresh all-time high, breaking above $3300
- AUDUSD extends its rally for a fifth consecutive session, approaching key resistance levels
- German investor sentiment dropped in April at its sharpest rate since early 2022, according to the latest ZEW survey
- GBP/USD – Bulls retest the 1.3200 level while monitoring UK data for additional cues
- Dollar Index — Modest Rebounds Likely Before Renewed Downside Move
- The safe-haven Swiss franc hits its highest levels in a decade against the US dollar as the trade war escalates
AUD/USD was the biggest decliner during Friday’s Asian and early European trading sessions.
AUDUSD was sharply down during Asian / early European sessions on Friday, falling over 2% so far and being the top loser of the day.
The Ausie dollar remains under strong pressure from risk aversion that continue to weaken stocks and…
Read More...
Read More...
Dollar drops nearly 2% in an unusual response to US tariffs
The dollar saw a sharp decline across the board on Thursday, hit hard by the latest sweeping import tariffs announced by President Trump on Wednesday.
The dollar index plunged to a six-month low, accelerating downward and losing nearly…
Read More...
Read More...
USD/JPY tests the lower boundary of its near-term range ahead of tariff announcement
USD/JPY remains under pressure on Wednesday, extending its decline below the 150 level, which has turned into a solid resistance zone after three failed attempts to break higher.
Fresh weakness is testing the 20DMA (149.06), a key…
Read More...
Read More...
WTI oil prices consolidate just below a new multi-week high, as traders await President Trump’s…
WTI oil prices are trading just below a new five-week high of $72.08, reached on Tuesday, after a 2.8% rally on Monday, the largest daily gain since January 15.
The slight pullback observed so far appears to be more of a consolidation…
Read More...
Read More...
Gold holds steady near its record high as markets await the announcement of new US tariffs
Gold prices remain strong, holding above $3100 for the second consecutive day after reaching a new all-time high of $3149 on Tuesday.
Persistent safe-haven demand, fueled by heightened economic and geopolitical uncertainties, continues…
Read More...
Read More...
Strong Eurozone Manufacturing PMI in March Raises Optimism Amid Looming US Tariffs
The Eurozone Manufacturing Purchasing Managers’ Index (PMI) rose to 48.6 in March, up from 47.6 in the previous month, though slightly below the consensus forecast of 48.7.
This latest increase brings the index closer to the 50 threshold…
Read More...
Read More...
Reserve Bank of Australia Holds Rates Steady Amid Rising Trade War Risks
The Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.1% in today’s policy meeting, aligning with market expectations.
The decision to hold rates follows a 0.25% cut in February—the first policy easing in over four…
Read More...
Read More...
Gold reaches a new record high, set for strong weekly, monthly, and quarterly gains
Gold surged to a new record high of $3,086 in early Friday trading, extending Thursday’s 1.2% rally.
The metal is on track for its fourth consecutive weekly gain and a third straight bullish monthly close, up over 7% in March and 17% in…
Read More...
Read More...
Gold extends gains following new U.S. tariffs
Gold surged to a one-week high on Thursday after President Trump announced a new round of tariffs on imported cars.
The latest addition to the series of U.S. reciprocal tariffs, set to take effect on April 2, triggered fresh concerns…
Read More...
Read More...
Crude oil extends gains on supply concerns, testing key resistance levels
WTI crude oil continues its upward momentum for the sixth consecutive day, reaching a three-week high on Wednesday.
The latest rally was fueled by a sharper-than-expected decline in U.S. crude inventories (API report) and mounting…
Read More...
Read More...