ATFX_Global

ATFX_Global

OANDA:XAUUSD Gold weakened beneath $3,150 as easing US-China trade tensions and fading Fed rate cut expectations dented safe-haven demand. US Treasury yields rose, putting further pressure on non-yielding assets. Technically, gold is testing crucial support at $3,123. A break lower can see potential for downward movement to $3,084. Fed Chair Powell speech and PPI...

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OANDA:XAUUSD Gold (XAU/USD) edged higher to $3,255 early Tuesday as traders awaited the US April CPI report. While the 90-day US-China tariff truce improved market sentiment and limited gold’s upside, geopolitical tensions in Ukraine, the Middle East, and South Asia continue to drive safe-haven flows. A de-escalation in US-China trade tensions triggered the...

ATFX_Global Updated 

OANDA:XAUUSD Gold remains stable around $3,237 as easing US-China trade tensions eroded safe-haven demand. The US cut its "de minimis" tariff on small Chinese parcels to 30%, with further progress in talks dampening gold's short-term appeal. Market focus now turns to the upcoming US PPI data for clues on the Fed’s rate path. Technically, gold is hovering just...

ATFX_Global

CMCMARKETS:EURUSD EUR/USD holds above the 1.1110 area ahead of key US inflation data. The pair rebounded modestly after finding support near the breakout zone (1.1046-1.1100), but upward momentum is capped by minor resistance at 1.1127. A failure to break above this level may expose the 1.1046 support. Technically, the broader trend remains under pressure, as the...

ATFX_Global Updated 

CMCMARKETS:EURUSD EUR/USD extended losses on Thursday, sliding over 0.6% to test the 1.1200 handle amid renewed US Dollar demand. The Greenback gained momentum following reports of a pending US-UK trade agreement, which lifted sentiment despite the lack of official confirmation. The proposed deal would exempt the UK from steep reciprocal tariffs , while a...

ATFX_Global Updated 

OANDA:XAUUSD Gold remains firm near $3,333, holding a bullish structure after a breakout above multi-year resistance. While short-term pullbacks persist, geopolitical tensions and a Fed pause continue to support safe-haven demand. Trump's refusal to ease China tariffs dampens trade optimism, further boosting gold's appeal. Key support lies around $3,333 and...

ATFX_Global

OANDA:XAUUSD Gold (XAU/USD) bounced back to $3,330 amid escalating global tensions, including renewed conflicts on the Russia-Ukraine front and flare-ups along the India-Pakistan border. Safe-haven demand supported the rebound, but the upside may be limited as markets watch US-China trade talks and digest the limited US-UK trade deal. Technically, gold remains in...

ATFX_Global

📌 The Bank of England is widely expected to cut rates by 25 bps to 4.25% today, as inflation continues to ease and global risks weigh on growth. With the rate move largely priced in, market focus shifts to Governor Bailey’s tone and future guidance. GBP/USD trades near 1.3300, showing consolidation after failing to breach April highs. Resistance : 1.3417 ...

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Gold (XAU/USD) extended losses for a second day, falling to $3,320 on Thursday as the US Dollar gained traction post-Fed’s hawkish hold . Markets remain cautious after Trump downplayed urgency on trade deals , while geopolitical tensions lend mild support to bullion. A key technical floor lies at $3,340 — a break below may open the path to $3,270. On the upside,...

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Germany’s March Industrial Production surprised to the upside, jumping 3.0% MoM vs. 0.8% expected, signalling a rebound in Europe’s economic engine. However, EUR/USD remains subdued near 1.1300 as markets shift focus to Fed policy signals and upcoming trade talks. On the chart, key support at 1.1280 is holding, a bounce from here could open room toward...

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The dollar nudges higher; eye Fed Chair Powell's speech and Yen on intervention watch. On Tuesday, the U.S. dollar swayed in a tight range as traders took stock of developments in the Middle East and braced for speeches this week by central bank officials, including Federal Reserve Chair Powell, to gauge the policy outlook. Tonight, the US Retail Sales data is...

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Baidu stock rose on Tuesday after the company reported revenue that was 15% higher than a year ago. Baidu jumped 4% to $131 but failed to reach previous resistance at $132.22, sending the price back below $129. Before the U.S. stock market opens, Baidu stock trades around the $128 level. On Tuesday, the Chinese search engine and AI company beat second-quarter...

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The U.S. dollar gained against the world's major currencies before the meeting of the Jackson Hole Symposium central bank. The Dow Futures traded below the 34,688 support level, opening the door to the last support, 33,704. The Jackson Hole Symposium in Wyoming is an annual gathering of the world's central bankers. The three-day meeting will conclude on Friday...

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May’s U.S. consumer price index (CPI) came in lower than expected, showing that inflation may be cooling off. The gold price used to surge to $1,970, and then the traders liquidated their position. The gold price dropped below $1,950 since the market awaits the Federal Reserve's monetary policy decision. Investors will look for clues on the Fed's interest rate...

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Fed Minutes at midnight on Thursday and Fed member's speech deliver a hawkish stance. This hawkish stance may be considering raising interest rates or tightening monetary policy with other tools this next half year to pressure the high inflation and cool down the inflation down to a target rate of 2%. This can lead to a stronger US dollar and higher yields on US...

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Amazon announced that its withdrawal from the Chinese market was attributed to fierce competition from domestic rivals such as Alibaba and JD.com, regulatory challenges and changing consumer habits. In addition, Amazon faced difficulties gaining market share in China, where local players with a deep understanding of the market and strong logistics capabilities...

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USD/JPY first tried to fall back yesterday after the U.S. economic data was released. The data suppressed the US dollar, while some safe-haven funds entered the Japanese yen. The USDJPY turned around from its high level on March 8 and closed down for the first time in four days. It continued to fall in the Asia trading session. Potential, pay attention to the...

ATFX_Global

EUR/USD rose from a two-week low as the dollar fell and rose for the first time in four days. Technically, the upward trend intends to regain the 10-day moving average on the daily chart. The Job report in Eurozone and the United States will be released within the day to see if it is good for the EURUSD to continue to break through and close to 1.11. However,...