The US Dollar steadies after an earlier wild ride as a flood of geopolitical news erupts this Monday. In Germany, the far-right AfD party is outpaced by the CDU. The US Dollar Index (DXY) has recovered a near 0.50% loss andd […]
Gold erases larg part of earlier losses, though remains below $2,940 on Friday. US considers lifting sanctions on Russia in an attempt from a quick deal. Volatility could pick up this Friday with US preliminary S&P PMI data for February due. Gold’s price (XAU/USD)
Gold recovers from earlier meltdown and is back flat ahead of US PMI release Read More »
The US Dollar holds on to small gains after rather disappointing US PMI release. The US economy is no longer outperforming or outpacing the Eurozone. The US Dollar Index (DXY) heads back to the mid-106.00 region. The US Dollar Index (DXY),
US Dollar clings on to gains ahead of German elections on Sunday Read More »
Gold has already a fresh all-time high at around $2,955 on Thursday morning. US President Donald Trump mentioned a trade deal with China could be done. If US yields drop off further, several more all-time highs in Gold could be foreseen.
Gold hits fresh highs on surprise comments from President Trump on China and tariffs Read More »
The US Dollar consolidates ahead of a very important week in geopolitics. Traders brace for headlines that could emerge from Riyadh on a possible breakthrough. The US Dollar Index (DXY) resides and looks for a direction in the mid-106 region.
US Dollar Index flat as Russian and US officials plan to meet in Riyadh for Ukraine deal Read More »
The US Dollar trades broadly stable in very calm holiday trading Monthly Industrial Production in Japan fell by 2.3%, less than the expected 3.5%, while big Chinese manufacturers also reported falling profits. The US Dollar Index (DXY) slides below 108.00,
US Dollar touch softer with traders remaining cautious during year-end period Read More »
Oil prices are up near 1.00% this Friday ahead of last Oil data points for 2024. With the unusual trading week due to Christmas, all data has been moved to Friday. The US Dollar Index trades flat and resides just
Crude Oil edges up ahead of EIA, Baker Hughes data Read More »
Oil prices are rallying higher near 1%, with traders set to head into the Christmas holidays. Markets are catching up on some headlines about further stimulus in China, one of the top global consumers. The US Dollar Index trades just below
Crude Oil tries to stay above $70 ahead of Christmas Even Read More »
The US Dollar trades flat and is unphased by headlines out of China about ramping up bond sales next year. Chinese policymakers plan to sell a record 3 trillion yuan of special treasury bonds in 2025, the highest on record. The
The US Dollar off to a positive start on Monday after a rather sluggish start of the day. Upward revisions from the preliminary November Durable Goods release set the tone for a stronger Greenback. The US Dollar Index (DXY) has the two-year
