Gold price slips back below $3,340, erasing some of Friday’s gains. Markets head into risk-on after Trump announced a delay on EU tariffs until July 9. US debt concerns linger, capping the downside for the precious metal. Gold (XAU/USD) price […]
Gold slips on Trump EU tariff delay Read More »
The US Dollar Index sees the previous day’s relief rally pared back in full on Friday. Trump hints to tariffs for EU and starts to target domestic companies as well, with Apple’s Iphone facing 25% tariff. The US Dollar Index
US Dollar Index remains bearish after Trump hits EU and Apple with tariffs Read More »
Gold price sees safe haven inflow on comments Israel considers striking Iran nuclear facilities. President Trump clashes with Republican members on his fiscal package plan through US Congress. Gold has broken out of its tight range and could see follow-through
Gold enters three-day winning streak and hits fresh weekly high Read More »
The US Dollar Index dips again to possibly test the 100.00 marker. Traders are on the lookout for possible more wait-and-see stance from upcoming Fed members. The US Dollar Index stable for now, though a revisiting of 2022 lows could
The US Dollar trades flat after Ukraine and Russian delegates ended meeting in Turkey without any resolution. Traders remain unsensitive to the dip in Michigan Consumer Sentiment Index for May. The US Dollar Index trades below 101.00, trying to find
US Dollar grinds to a halt while Trump said U.S. will issue unilateral tariffs Read More »
Gold price slides lower with Russia-Ukraine talks in Turkey after all still taking place. Meanwhile, questions arise about the stability and trustworthiness of the US Dollar. After a volatile week, Gold faces headwinds in holding $3,200 on Friday. Gold (XAU/USD)
Gold breaks lower with Ukraine talks in Turkey underway Read More »
The US Dollar down for a second consecutive day, after softer-than-expected US inflation data. The Korean Won strengthens over the Greenback after the announcement that both countries have discussed Forex markets. The US Dollar Index hits support ahead of 100-level
US Dollar minimizes losses despite angst on Asian currencies emerging again Read More »
The Greenback on the backfoot this Tuesday while the US-China trade deal euphoria quickly fades. Traders see April’s US CPI release not really showing inflationary signals after Liberation Day. The US Dollar Index slips back to 101.50 after failing to
US Dollar Index set for 0.5% loss on steady CPI and rate cut bets rising Read More »
EUR/USD trades flat at 1.0830 on Monday after briefly breaking below 1.08 last week. Preliminary PMI data for March from Germany, France and the overall Eurozone comes in mixed. Markets are having a sigh of relief with possible softening for reciprocal tariffs
EUR/USD flat at 1.0830 after Chicago Fed’s activity tracker turns positive Read More »
Gold holds ground above $3,020 after Friday’s decline. Markets see chances for US President Trump to ease off on tariffs by April 2. Gold is still supported in the $3,000 region, though pressure is building for more downside. Gold’s price
Gold edges higher above $3,020 while traders mull adjustments on reciprocal tariffs Read More »
