EUR/USD boosted by signs of imminent US–EU deal ahead of August 1 deadline. US Durable Goods Orders miss, but jobless claims stay strong, supporting Fed hold expectations. ECB holds rates steady; next week’s focus shifts to key Fed policy decision on July 30. The EUR/USD finished the week up by nearly 1% on Friday, yet […]
EUR/CHF edges higher amid speculation of intervention from the Swiss National Bank in currency markets. EU–US trade talks stall ahead of August tariff deadline, fueling market uncertainty and limiting EUR/CHF gains. EUR/CHF tests key Fibonacci resistance as downtrend holds, while bearish momentum fades. The Euro (EUR) is edging higher against the Swiss Franc (CHF). On
Fed’s Waller supports July rate cut, pulling Treasury yields and Dollar lower. UoM survey shows improved sentiment and easing inflation expectations in the US. ECB decision, EU PMIs, and US macro data in focus for the week ahead. The EUYR/USD finished Friday’s session with gains of over 0.26% amid a weaker US Dollar, following dovish
EUR/USD posts first weekly loss in three weeks, ending at 1.1688. Trump eyes blanket tariffs, including on EU and copper exports. Dollar marks strongest week since March amid broad risk-off tone. EUR/USD finished the week with losses of over 0.70% and ended Friday’s session down 0.10% trading below the 1.1700 figure, cementing the case for
Gold remains under pressure as risk-on sentiment continues to influence market trends. Fed Chair Powell and President Trump clash over the timing of interest rate cuts. A September rate cut is priced in but a rate cut in July could help drive Gold out of its range. XAU/USD hovers near the 50-day Simple Moving Average
INR recovers slightly on Friday, lifted by gains in domestic Stocks and a softer US Dollar. Brent Crude Oil trims recent gains but holds a weekly rise of over 4% so far as Middle East tensions persist. Equity benchmarks Sensex and Nifty rally over 1% each, snapping a three-day losing streak. The Indian Rupee (INR)
WTI Crude trades near $74.58, up over 2.5% on the day after hitting an intraday high of $75.54. Israeli strikes on Iranian infrastructure spark fresh supply concerns and add a ~$10 per barrel geopolitical premium. Technicals remain bullish: price holds well above the 21-day EMA near $66.80; RSI at 74.21 signals overbought conditions. West Texas
USD/JPY trades above 144.00 as safe-haven flows boost the US Dollar amid rising Middle East tensions. BoJ is expected to hold rates steady, limiting support for the Yen despite earlier hawkish signals from Governor Ueda. Japan and the US prepare to meet at the G7 summit in Canada, where the two nations are expected to
Bullion rallies to five-week high amid geopolitical tension and dovish Fed outlook Israel strikes Iran, fueling fears of broader war and driving flight to safety into Gold. XAU/USD hits $3,446 before easing on profit-taking; eyes next week’s Fed decision and US data slate. Gold price rallied for the third consecutive day after the Israel-Iran conflict
EUR/USD advances as lower US inflation sparks calls for aggressive Fed rate cuts. Trump urges full percentage point cut in Fed funds rate post-CPI. ECB policymakers cautious, but inflation outlook hints at further fine-tuning. The EUR/USD surged during the North American session but remains shy of clearing the 1.1500 figure, following the release of a
Sterling still set for weekly gain over 0.80% amid broad Greenback weakness earlier in the week. US economy added 139K jobs in May, beating forecasts and reinforcing Fed’s cautious stance on rate cuts. Dollar strength resurfaces, with DXY climbing 0.58% to 99.28, its highest in two days. GBP/USD tumbled during the North American session, down
XAU/USD drops as strong US Dollar pressures Bullion; tariff uncertainty rattles markets. US core PCE dips in April, but strong data lifts yields, dampening Gold’s appeal. Trump accuses China of violating trade deal, reviving geopolitical and tariff concerns. Gold price slumped on Friday as the US Dollar recovered some ground despite witnessing a drop in
Gold drops 0.27% after Fed cites tariff-driven inflation concerns; yields rebound, stalling bullion’s rally. Fed minutes highlight risks of persistent inflation and weakening job growth, prompting cautious rate stance. US bond yields rebound, lifting the Dollar and pressuring Gold below $3,300. Goldman Sachs urges increased Gold exposure amid rising geopolitical risks and central bank demand.
Gold price dips over 0.50% as improved sentiment trims haven flows after last week’s 4.86% surge. Trump postpones 50% EU tariffs to July 9, easing short-term trade war fears. Strong Chinese Gold imports and Russia-Ukraine tensions keep the bullish outlook intact. Gold price drops more than 0.50% on Monday amid the lack of demand for
EUR/USD dips to 1.1296 after Trump announces steep tariffs on EU imports starting June 1. The pair rebounds to 1.1350 as US Dollar stays pressured by rising fiscal deficit concerns. Euro shrugs off ECB rate cut talk, supported by improving German GDP figures. EUR/USD recovered during the mid-North American session on Friday after diving below
The Mexican Peso gains ground against the US Dollar as Moody’s downgrade of US sovereign debt weighs on the Greenback. The Federal Reserve is set to review the discount rate on Monday, potentially influencing short-term funding conditions. USD/MXN trades cautiously below the key psychological resistance at 19.50, reflecting broader Dollar weakness. The Mexican Peso (MXN)
Gold snaps two-day losing streak, gaining 1.5% on fresh trade war fears. Trump softens tariff talk, but China denies negotiations and demands full rollback. Fed rate cut bets rise as yields drop and economic uncertainty builds. Gold price snapped two days of losses on Thursday and rose $50, or more than 1.50%, amid renewed concerns
