🔔🔔🔔 Gold news: ➡️ Gold entered a bullish consolidation phase after reaching a new high on Thursday. A modest rebound in the U.S. dollar and improved risk appetite in the markets limited further gains, especially as the precious metal remains in overbought territory. ➡️ This week’s record-breaking gold rally has been largely driven by the intensification of...
🔔🔔🔔 GBP/USD news: ➡️ Despite a weaker U.S. dollar, GBP/USD continues to trade within a narrow range of 1.3220–1.3230, giving up most of its intraday gains after reaching a multi-month high near 1.3300. The British pound's advance was capped by softer-than-expected UK inflation data released on Wednesday, which dampened bullish momentum. ➡️ Meanwhile, the U.S....
🔔🔔🔔 EUR/USD news: ➡️ The EUR/USD pair held steady around the 1.1400 level during early Asian trading on Thursday, as investors remained cautious, waiting to see whether U.S. President Donald Trump's administration would reach a new trade deal with its partners. ➡️ On the data front, the Eurozone confirmed that the Harmonized Index of Consumer Prices (HICP)...
🔔🔔🔔 Gold news: ➡️ The yield on the U.S. 10-year Treasury rose by seven basis points to 4.495%. ➡️ The University of Michigan's Consumer Sentiment Index posted a sharp drop in April, falling from 57.0 to 50.8, indicating growing pessimism among households. ➡️ In March, the U.S. Producer Price Index (PPI) eased to 2.7% year-over-year, down from 3.2% and below...
🔔🔔🔔 USD/JPY news: ➡️ The USD/JPY pair rebounded from the 141.60 area — its lowest level in seven months touched during Thursday’s Asian session — as the U.S. dollar saw a modest recovery, despite ongoing concerns over trade tensions providing support for the safe-haven yen. ➡️ During the Asian session on Thursday, USD/JPY maintained a mild upward trend,...
🔔🔔🔔 GBP/USD news: ➡️ Speculative net long positions in the euro (EUR) have climbed to a two-week high of nearly 60,000 contracts, while hedge funds and other market participants have increased their net short positions to around 90,500 contracts—also the highest level in two weeks. Open interest has simultaneously surged to nearly 700,000 contracts, marking a...
🔔🔔🔔 AUD/USD news: ➡️ The AUD/USD pair is hovering just below the 0.6400 mark as bullish momentum pauses after a recent strong rally that pushed the pair to its highest level in nearly two months the day before, ahead of upcoming Australian employment data. The Australian dollar is supported by the Reserve Bank of Australia's cautious stance on further rate...
🔔🔔🔔 EUR/USD news: ➡️ The EUR/USD pair faced downward pressure during Tuesday’s U.S. trading session following a Bloomberg report indicating that the European Union (EU) expects most of the U.S.-imposed tariffs to remain in place, as Monday’s negotiations made little progress. ➡️ However, the U.S. dollar came under renewed selling pressure, allowing the EUR/USD...
🔔🔔🔔 EUR/USD news: ➡️ The EUR/USD pair edged slightly lower during Monday’s European session, hovering around the 1.1380 level after posting gains in the previous two sessions. The pair had strengthened amid a weakening US dollar, which came under pressure due to escalating trade tensions between the US and China—raising fears of a potential global...
🔔🔔🔔 Gold news: ➡️ Gold prices continued to hit fresh record highs during Wednesday’s Asian trading session, approaching the significant $3,300 mark. Persistent concerns over an escalating U.S.-China trade war and fears of a U.S. trade war economic recession amid ongoing tariff turmoil has continued to boost demand for the non-yielding yellow metal. ➡️ Another...
🔔🔔🔔 Gold news: ➡️ Federal Reserve Governor Christopher Waller stated that the Trump administration’s tariffs delivered a significant shock to the U.S. economy, potentially forcing the central bank to cut interest rates to avoid a recession. Global risk sentiment improved after the White House announced on Friday that smartphones, computers, and other electronic...
🔔🔔🔔 AUD/USD news: ➡️ The AUD/USD pair extended its winning streak into a fifth consecutive session on Tuesday, revisiting its monthly high around 0.6390. The Australian dollar has shown notable strength in recent days, despite the escalating trade tensions between the U.S. and China, which have dampened Australia’s economic outlook. U.S. President Trump...
🔔🔔🔔 GBP/USD news: ➡️ GBP/USD is holding modest bids near the 1.3200 mark during early European trading on Tuesday. Recent UK data revealed that the unemployment rate remained steady at 4% for the three months to February, while average earnings came in weaker than expected, putting downside pressure on the British pound. ➡️ After gaining nearly 1% on Friday...
🔔🔔🔔 USD/JPY news: ➡️ USD/JPY is trimming losses and reclaiming the 143.00 level during Monday’s Asian session, as the US dollar stabilizes following its recent decline, with traders digesting Trump’s weekend tariff announcements. ➡️ Meanwhile, the Japanese yen continues to attract safe-haven inflows amid escalating US-China trade tensions. Diverging policy...
🔔🔔🔔 Gold news: ➡️ Gold is retreating from its record high of $3,245 reached early Monday, extending Friday’s late decline. A drop in safe-haven demand and a broad rebound in the US dollar have weakened the yellow metal, amid news that US tariffs on Chinese semiconductors and electronics may not be as severe as expected. ➡️ After surging 6.5% last week, gold...
🔔🔔🔔 GBP/USD news: ➡️ The British pound (GBP) extended its intraday rally against the US dollar (USD) at the start of the week, with the GBP/USD pair climbing toward 1.3150 during Monday’s European session. It is now aiming to retest the six-month high of 1.3207, last seen on April 3, as investors continued to sell off the US dollar following the announcement...
🔔🔔🔔 GBP/USD news: ➡️ GBP/USD continues to climb, approaching the 1.3100 mark during European trading, as the persistent weakness in the U.S. dollar remains a key market driver. Escalating concerns over the deepening U.S.-China trade conflict and its potential to trigger a U.S. trade conflict. recession are weighing heavily on sentiment. ➡️ Broad-based selling...
🔔🔔🔔 USD/JPY news: ➡️ The USD/JPY pair is trimming losses to retest the 143.50 level during Friday's Asian trading hours, after briefly dipping below 143.00. The pair is closely tracking U.S. dollar movements amid persistent trade concerns and growing fears of a U.S. economic downturn. Expectations of policy divergence between the Federal Reserve and the Bank of...