


🔔🔔🔔 Gold news: ➡️ Spot gold prices fell on Tuesday, dropping below the $3,300 mark during European trading hours and remaining weak after Wall Street opened, as upbeat U.S. economic data strengthens the U.S. dollar. ➡️ However, gold attracted dip buyers and retested the $3,300 level early Wednesday. The overnight rebound in the dollar lost momentum amid...
🔔🔔🔔 Gold news: ➡️ Demand for the U.S. dollar (USD) remains strong this week, driven most recently by the cautious tone of the Federal Reserve’s May policy meeting minutes and a U.S. federal court ruling blocking former President Donald Trump’s “Liberation Day” tariffs. ➡️ The court considered such tariffs illegal, stating that Trump relied on the authority to...
🔔🔔🔔 Gold news: ➡️ Gold extended its daily decline and traded deep in negative territory around the $3,300 level in the latter half of Tuesday. Improved risk sentiment and renewed strength in the U.S. Dollar kept XAU/USD under downward pressure. ➡️ Demand for safe-haven assets like gold weakened amid signs that the White House might be making progress in trade...
🔔🔔🔔 Gold news: ➡️ Gold appears to be edging higher on the day, reaching a new intraday peak around $3,323–$3,324 during the first half of the European session. Investor sentiment remains cautious amid ongoing concerns over U.S. President Donald Trump’s trade tariffs, U.S. fiscal uncertainty, and rising geopolitical tensions. ➡️ However, optimism surrounding...
🔔🔔🔔 GBP/USD news: ➡️ GBP/USD remains under pressure, moving closer to 1.3500 after the US market opened on Tuesday. The US dollar was supported by stronger-than-expected Durable Goods Orders and Consumer Confidence data, making it difficult for the pair to gain traction ➡️ Early in the week, a much weaker US dollar - amid growing concerns about the country's...
🔔🔔🔔 EUR/USD news: ➡️ The EUR/USD pair is struggling to recover, extending its slide below the 1.1350 region during Tuesday’s U.S. session. session. Data from the United States indicates an improvement in consumer sentiment in May, which helped the U.S. Dollar remains resilient against its rivals and limits the pair's upside. ➡️ Although some positive sentiment...
🔔🔔🔔 Gold news: ➡️ Gold (XAU/USD) extended its losses on Tuesday, falling below the $3,300 mark at the time of writing, as improved risk sentiment and a stronger U.S. dollar (USD) weighed on the metal's recent rally. This marks the second consecutive day of declines for gold, with the greenback regaining some ground and safe-haven demand easing. Investors also...
🔔🔔🔔 Gold news: ➡️ Gold held steady during Asian trading on Tuesday, remaining below the $3,350 mark. Optimism stemming from Trump's decision to delay tariffs on the EU acts as a headwind for the safe-haven metal. However, lingering U.S.-China trade risks, ongoing geopolitical concerns, expectations of Federal Reserve rate cuts, and the broad weakening U.S....
🔔🔔🔔 USD/JPY news: ➡️ The U.S. dollar (USD) remains near its lowest level since April 22, weighed down by growing concerns over the deteriorating state of U.S. finance. finance. This contributed to the USD/JPY pair slipping towards the 142.0 ➡️ Additionally, comments from Bank of Japan (BoJ) Governor Kazuo Ueda left the door open for further monetary tightening...
🔔🔔🔔 USD/JPY news: ➡️ USD/JPY is trading near a new monthly low around 142.23 early Monday as the U.S. dollar continues to weaken. The greenback remains under pressure due to concerns over U.S. fiscal health and the unpredictable trade policies under Trump. Meanwhile, the Japanese yen is gaining support from heightened geopolitical risks, ongoing trade...
🔔🔔🔔 Gold news: ➡️ Rising U.S.-China trade tensions and persistent geopolitical risks are expected to continue supporting gold as a safe-haven asset. ➡️ Meanwhile, the initial positive market reaction to U.S. Economic data on Thursday quickly faded amid concerns growing over the country's deteriorating fiscal outlook. ➡️ Additionally, increased bets that the...
🔔🔔🔔 GBP/USD news: ➡️The GBP/USD pair continued its upward momentum on Wednesday, trading around 1.4330, as the U.S. dollar saw a slight decline. Atlanta Federal Reserve President Raphael Bostic noted that Moody's credit downgrade could have wider ripple effects across the economy, adding that it may take another three to six months to fully assess how...
🔔🔔🔔 Gold news: ➡️ Gold (XAU/USD) edged lower on Monday, trading around $3,330 at the time of writing, as U.S. markets remained closed in observance of Memorial Day. This modest pullback followed President Donald Trump’s announcement on Sunday that his proposed 50% tariff on the European Union would be postponed until July 9, allowing more time for both sides to...
🔔🔔🔔 EUR/USD news: ➡️ EUR/USD climbed above the 1.1420 level during early European trading on Monday. However, the pair failed to sustain its gains and retreated to around 1.1380 after entering overbought territory. The earlier advance was driven by continued weakness in the U.S. dollar and President Donald Trump’s decision to extend the deadline for imposing a...
🔔🔔🔔 USD/JPY news: ➡️ Moody's recently downgraded the US sovereign credit rating to Aa1, citing concerns over rising national debt. Atlanta Fed President Raphael Bostic warned that the downgrade could have far-reaching effects across the wider economy, adding that it may take three to six months to gauge the full extent of the instability, according to...
🔔🔔🔔 Gold news: ➡️ Gold extended its gains past the $3,300 mark on Wednesday, supported by broad weakness in the US dollar (USD). The XAU/USD pair reached a new one-week high of $3,345. The USD continued to decline amid unresolved global trade issues and fresh concerns over tariffs. ➡️ A few weeks ago, the United States announced a 90-day pause on retaliatory...
🔔🔔🔔 Gold news: ➡️ Gold experienced some selling pressure at the start of the week, trimming part of Friday's strong rally that had pushed it to a more than two-week high. However, downside potential appears limited. Concerns over U.S. fiscal conditions, rising geopolitical tensions, expectations of Fed rate cuts, and weak demand for the U.S. dollar are likely...
🔔🔔🔔 EUR/USD news: ➡️ The positive impact of the upbeat PMI data on the US dollar was short-lived, as investors grew increasingly concerned about the outlook for US government debt. President Donald Trump's sweeping tax and spending bill - which is expected to add more than $3 trillion to the national debt over the next decade - was passed by the...