


🔔🔔🔔 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...
🔔🔔🔔 GBP/USD news: ➡️ GBP/USD capitalized on strong selling pressure around the US Dollar, trading near its highest level since February 2022 around 1.3500 during Friday's European session. UK data revealed that Retail Sales rose by 1.2% in April, surpassing market expectations of 0.2% and lending support to the Pound. ➡️ The pair advanced as the Greenback...
🔔🔔🔔 USD/JPY news: ➡️ The USD/JPY pair started the new week with a slight decline as weakening global risk sentiment overshadowed optimism surrounding U.S.-China trade, boosting demand for the safe-haven Japanese Yen. At the same time, the U.S. Dollar came under pressure following a downgrade of the U.S. sovereign credit rating due to mounting national debt. ➡️...
🔔🔔🔔 Gold news: ➡️ Gold prices surged to their highest level over a week during Wednesday's Asian session, as bullish traders remain cautious and await a decisive move above the $3,300 mark before committing to new positions. TheU.S. dollar faced selling pressure amid renewed concerns over President Donald Trump’s protectionist stance and escalating government...
🔔🔔🔔 EUR/USD news: ➡️ EUR/USD gained momentum on Monday, climbing just below the 1.1300 level as the U.S. Dollar faced sustained selling pressure. This upward move followed Moody’s downgrade of the U.S. sovereign credit rating, which provided a boost to the currency pair. ➡️ On the data front, the Eurozone confirmed that the Harmonized Index of Consumer Prices...
🔔🔔🔔 Gold news: ➡️ Gold prices climbed to their highest level in several days on Tuesday, surpassing $3,280 per ounce, as continued selling pressure on the US dollar and cautious market sentiment supported demand for the precious metal. ➡️ Atlanta Federal Reserve President Raphael Bostic noted that the credit downgrade could have wider ripple effects across the...
🔔🔔🔔 Gold news: ➡️ Gold prices returned to near the $3,200 level early Tuesday after once again failing to break through the $3,250 resistance. The decline in gold may be tied to a modest rebound in the US dollar, as traders await upcoming US trade talks for new directional cues. ➡️ Moody's downgraded the US sovereign credit rating by one notch on Friday, from...
🔔🔔🔔 Gold news: ➡️ Gold (XAU/USD) is rebounding after recent losses, trading near $3,230 per troy ounce during Monday's Asian session. This recovery is being driven by increased demand for safe-haven assets amid growing concerns about the economic outlook and the financial stability of the United States. ➡️ Supporting gold prices is the rising appeal of...
🔔🔔🔔 USD/CAD news: ➡️ Moody's downgrade of the US sovereign credit rating from 'AAA' to 'AA1', along with rising expectations that the Federal Reserve (Fed) may soon begin cutting interest rates amid cooling inflation, has diminished the appeal of the US dollar (USD). The downgrade reflects growing concerns about fiscal distress and tariff-related distortions...
🔔🔔🔔 EUR/USD news: ➡️ The US dollar (USD) began the week under selling pressure, with the EUR/USD pair edging higher following Moody’s announcement late Friday that it had downgraded the US credit rating. ➡️ However, remarks from Federal Reserve policymakers appeared to lend some support to the USD, limiting the euro’s gains. Atlanta Fed President Raphael...
🔔🔔🔔 GBP/USD news: ➡️ GBP/USD extended its gains on Monday, briefly surpassing the 1.3400 level as the U.S. Dollar weakened further, particularly in response to Moody’s decision to downgrade the U.S. credit rating by one notch. ➡️ With no major U.S. economic data scheduled for release in the latter half of the day, investors are likely to focus on comments from...
🔔🔔🔔 EUR/USD news: ➡️ European Central Bank (ECB) officials have signaled the possibility of further interest rate cuts as inflationary pressures continue to ease. ➡️ The EUR/USD pair is currently experiencing some pullback, slipping below the 1.1200 level following a modest rebound in the U.S. Dollar. ➡️ Mixed U.S. Economic data revealed that producer prices...
🔔🔔🔔 GBP/USD news: ➡️ The British Pound (GBP) edged slightly higher above the 1.3300 mark against the U.S. Dollar during North American trading hours. The GBP/USD pair gained as the greenback came under selling pressure following a weaker-than-expected U.S. Producer Price Index (PPI) report for April. ➡️ In theory, cooling prices of goods and services at the...
🔔🔔🔔 USD/JPY news: ➡️ The Japanese Yen maintained its positive momentum against a weaker U.S. Dollar as European trading began, with the USD/JPY pair struggling to stage any meaningful recovery from the weekly lows hit earlier on Friday. Yen bulls appeared unfazed by Japan's disappointing Q1 GDP figures, as the Bank of Japan grows increasingly open to another...
🔔🔔🔔 Gold news: ➡️ Gold is struggling to build on the solid rebound seen the previous day from its lowest level in over a month, consolidating below the $3,250 mark during the Asian session amid optimism surrounding a U.S.-China trade deal. Meanwhile, signs of easing inflation in the U.S. and weaker consumer spending data have strengthened expectations for a Fed...
🔔🔔🔔 USD/JPY news: ➡️USD/JPY extended its losing streak for the third trading day on Thursday. The pair faced selling pressure as the JPY continued to outperform across the board amid hopes that the Bank of Japan (BoJ) will hike interest rates further despite rising global economic uncertainty due to the impact of US President Donald Trump’s tariffs. ➡️...