Gold Price Holds Modest Gains, but Upside Limited Amid Mixed Market Signals
Gold (XAU/USD) edged higher for a second consecutive session on Thursday, but the upside remains capped due to conflicting market cues. After rebounding from a 1.5-week low, the metal is trading with a mild positive bias, though a lack of strong follow-through buying suggests investor caution ahead of fresh catalysts. The Federal Reserve’s June meeting […]
EUR/USD Nears 1.1750 Amid Fed Rate Uncertainty and Eased Tariff Fears
The EUR/USD pair climbed toward 1.1750 during Thursday’s Asian session, rebounding from earlier losses as the US Dollar weakened following key developments in US monetary policy and trade tensions. The move comes after the release of the Federal Open Market Committee (FOMC) minutes from the June 17–18 meeting, which showed that most Fed officials anticipate […]
USD/JPY Holds Steady Near 147.00 as Yen Weakens on Trade Tensions and BoJ Rate Outlook
The Japanese Yen (JPY) continues to trade with a bearish bias on Wednesday, keeping the USD/JPY pair firm around the 147.00 mark during the Asian session. A stronger US Dollar and persistent concerns over rising trade tensions are weighing heavily on the Yen, as markets brace for the impact of US tariffs on Japanese goods […]
Gold Struggles Below $3,300 as Fed Rate Cut Hopes Dim Ahead of FOMC Minutes
Gold (XAU/USD) dipped to a one-and-a-half-week low near $3,284 during the Asian trading session on Wednesday, weighed down by a stronger US Dollar and rising Treasury yields. Investors are increasingly convinced that recent US tariff hikes may fuel inflation, prompting the Federal Reserve to keep interest rates elevated for longer. The firmer Greenback, bolstered by […]
EUR/USD Drops Toward 1.1700 as US Dollar Strengthens; FOMC Minutes in Spotlight
The EUR/USD pair slid to around 1.1705 during Wednesday’s Asian session, weighed down by renewed strength in the US Dollar. The Euro came under pressure following fresh tariff threats from former US President Donald Trump, which unsettled global markets and added to investor caution. Trump reignited global trade concerns by proposing a 50% tariff on […]
Australian Dollar Rises Amid Risk-On Sentiment, Focus Shifts to RBA Rate Decision
The Australian Dollar (AUD) continues its third straight session of gains against the US Dollar (USD) on Monday, following US President Donald Trump’s move to postpone the imposition of reciprocal tariffs. A weaker USD following disappointing US retail sales data has further supported the AUD/USD pair, reigniting speculation that the Federal Reserve (Fed) may cut […]
EUR/USD Price Forecast: Consolidating Below 1.0500 Amid Multi-Week High
The EUR/USD currency pair is having a hard time continuing its recent winning streak, trading in a tight range just below the 1.0500 psychological mark during the Asian session on Monday. In spite of the consolidation, the pair is still close to its three-week high of Friday, buoyed by a weaker US Dollar (USD). Technically, […]
Gold Price Climbs Steadily, Eyes Record High Amid Trade War Concerns
Gold (XAU/USD) extends its intraday rally, reaching the $2,880 region during the Asian session on Monday. The gains come in response to US President Donald Trump’s plan to impose new 25% tariffs on all steel and aluminum imports, reigniting fears of a global trade war and driving demand for the safe-haven precious metal. Additionally, concerns […]
NZD/USD gains ground to near 0.5700 on weaker US PMI data
During the early Asian session on Thursday, the NZD/USD pair was trading slightly higher at 0.5690. The Greenback falls against the New Zealand Dollar (NZD) as US economic data disappoints. Investors will keenly monitor developments in the rekindled trade battle between the United States and China, the world’s two largest economies. The weaker US Services […]
Australian Dollar Declines as US Dollar Holds Gains Ahead of Jobless Claims
The Australian Dollar (AUD) fell against the US Dollar (USD) on Thursday as trade balance data came in below average than expected. Furthermore, risk-off sentiment, fueled by rising US-China trade tensions, weighs on the AUD/USD. In December, Australia’s trade surplus fell to $5,085 million, falling short of the 7,000 million anticipated and down from $6,792 […]
Gold Price Bulls Hold Firm, But Overbought Conditions Suggest Caution
Gold (XAU/USD) continues its upward trajectory through the Asian session on Wednesday, reaching a fresh all-time high near $2,858. Concerns about the economic impact of US President Donald Trump’s trade tariffs continue to drive demand for the safe-haven metal. Furthermore, predictions that the Federal Reserve (Fed) would continue its easing cycle, backed by signs of […]
WTI Crude Oil Struggles Near $72.00, 100-Day SMA Holds as Key Support
West Texas Intermediate (WTI) crude oil prices fell from a one-week high on Tuesday, attracting sellers for the second straight session. The commodity trades at $72.00, barely above last week’s one-month low and close to the important 100-day Simple Moving Average (SMA) support. US Tariff Delay Weighs on Oil Prices US President Donald Trump has […]
Australian Dollar Slips as US Tariffs on China Take Effect
The Australian Dollar (AUD) falls for the seventh consecutive day as the US Dollar (USD) strengthens following President Donald Trump’s 10% tariff on Chinese imports. Market volatility remains high as investors monitor the continuing US-China trade talks. Trump signaled he may speak with Chinese officials within the next 24 hours, warning that if a deal […]
Japanese Yen Recovers Some Losses Against USD; Bullish Outlook Remains Intact
The Japanese yen (JPY) cut some of its intraday losses against the US dollar (USD) on Monday, bringing the USD/JPY pair back below the mid-155.00s during the early European session. The Bank of Japan’s (BoJ) Summary of Opinions showed conversations about the possibility of further hikes in interest rates. Furthermore, Tokyo’s core inflation increased at […]
EUR/USD Slumps to Multi-Week Low Near 1.0200 Amid Trump’s Trade Tariffs
The EUR/USD pair extends its decline on Monday, plunging to the 1.0200 region—a three-week low—during the early Asian session. This drop brings the pair closer to its lowest level in over two years, last seen in January, reinforcing the ongoing multi-month downtrend. The US Dollar (USD) gains broad strength following President Donald Trump’s weekend announcement […]
EUR/USD Holds Above 1.0400 Ahead of Q4 GDP Data and ECB Policy Decision
The EUR/USD pair is edging higher after three consecutive losses, trading near 1.0420 during Thursday’s Asian session. The rebound is primarily driven by a technical pullback in the US Dollar (USD). Meanwhile, the US Dollar Index (DXY), which tracks the greenback against six major currencies, remains just below 108.00. Despite the recent uptick, further gains […]
Gold Price Consolidates Below $2,750 Amid Mixed Market Signals
Gold prices (XAU/USD) continue to trade within a narrow range near the $2,740 level during early European trading on Tuesday. The market remains influenced by conflicting factors, leaving traders hesitant to make strong directional moves. US President Donald Trump’s renewed trade tariff threats have sparked inflationary concerns, driving a modest rebound in US Treasury bond […]
US Dollar Surges as Trump Revives Tariff Threats
The US dollar strengthened significantly against all major currencies after President Donald Trump and his Treasury Secretary reignited concerns about potential tariffs, raising fears that trade policies may return to the forefront. Risk-sensitive currencies, particularly those tied to China, saw sharp declines, while the euro weakened amid speculation that the European Union could soon face […]