The US Dollar holds steady as global trade negotiations remain in focus. The PBoC continues Gold purchases, signaling long-term interest. Chinese Copper production expands, reducing reliance on imports. The Australian Dollar (AUD) remains under pressure as global trade uncertainties persist, particularly surrounding the US-China trade talks. While there has been a slight rebound in copper
White House Press Secretary Karoline Leavitt addressed media staff on Friday, walking back some of the tone and market interpretations of President Donald Trump’s early morning tweets. Key highlights Trump confident in US Treasury Secretary Bessent with discussions (with China). The US needs to see concessions from China. Trump committed to the 10% baseline tariff.
The week ahead has several important data releases lined up. However, with US-China talks taking place over the weekend and the first trade deal already completed, markets may shift their attention to tariff updates, which could take the spotlight away from the economic data. Asia Pacific Markets Japan’s economy is set to shrink by 0.1%
Having a stable of high-end trading platforms can be a blessing – and a curse. And while experience and familiarity are valuable, legacy systems eventually start to creak and crawl. Around 2019, State Street realised it had a problem as it looked to build upon and expand its suite of foreign exchange and cash solutions.
The forex markets are quiet today, with major pairs largely consolidating after yesterday’s modest directional movement. Dollar and British Pound remain the strongest performers overall, bolstered earlier in the week by the announcement of the US-UK trade agreement. However, both currencies are now struggling to extend their momentum. Canadian Dollar continues to lag after today’s
2025.05.09 2025.05.09 XAU/USD: Elliott Wave Analysis and Forecast for 09.05.25 – 16.05.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 3189.35 with a target of 3800.00 – 4200.00. A buy signal: the price holds above 3189.35. Stop Loss: below 3150.00, Take Profit:
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Gold price tries to stabilise The spot gold price’s over 3% drop from this week’s $3,435.00 per troy ounce high amid hopes of US trade agreements being made, like the one with the UK on Thursday, is being followed by a recovery in the precious metal ahead of this weekend’s planned US-China trade talks which slightly
Yesterday afternoon, Donald Trump finally presented his first trade deal with the United Kingdom in the Oval Office. However, despite all the fanfare, it must be said that the substance was rather thin once again. There was much talk of the great opportunities that this deal offers both countries, Commerzbank’s FX analyst Volkmar Baur notes.
AUD/USD slips as EUR/JPY, USD/JPY rallies run out of steam ahead of US-China trade talks at the weekend. Source link
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2025.05.09 2025.05.09 Short-Term Analysis for Oil, Gold, and EURUSD for 09.05.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro continued
Market reaction to the much-anticipated US-UK trade agreement was cautiously positive, though not particularly enthusiastic. While major US equity indices closed higher overnight, DOW, S&P 500, and NASDAQ all gave back early gains to finish near their opening levels, suggesting that the initial optimism faded as details of the deal emerged. The muted tone suggests
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
AUD/USD continues to face downward pressure amid stalled US-China trade negotiations. Beijing is unlikely to ease tariffs ahead of the upcoming talks in Switzerland, fueling market uncertainty and weakening risk sentiment. President Trump has announced a “major” trade deal with the United Kingdom, although key tariffs will stay at 10%. The AUD/USD pair recovers its
