The US Dollar is navigating a volatile landscape, as geopolitical tensions and a series of concerning economic indicators exert downward pressure. The US Dollar Index (DXY), a key metric tracking the greenback against a basket of six major currencies, has retreated below the critical 104.00 level after a brief attempt …
Read More »Market Drivers – US Session: Dollar Roars Back as Tariffs and Yields Steal the Show – March 25 Rundown
Developments and DataThe US Dollar extended its rebound, reaching two-week peaks near 104.40, buoyed by weekend tariff news, while fears of a US economic slowdown appear to have eased slightly. The US Dollar Index (DXY) secured its fourth straight day of gains, decisively breaking past 104.00, supported by a notable …
Read More »Stocks Observe Trump Hints at Tariff Relief: A Market Rebound in Motion
U.S. stock futures remained largely unchanged on Monday night, following a day of significant gains in the major averages. The uptick in the markets came as investors grew hopeful that President Donald Trump might scale back his initial plans for extensive tariffs. Futures linked to the S&P 500 saw a …
Read More »Why are financial markets on the edge ahead of PCE data
Investors are gearing up for a pivotal week packed with critical economic data, Federal Reserve insights, and a flurry of earnings reports from retail and consumer giants. With consumer sentiment showing signs of strain and the Fed sticking to its current rate stance, all eyes are on whether this week’s …
Read More »EUR/USD retreats following Upeat Services PMI
MIRewrite into a good article in good paragraph shape In the rapidly evolving world of artificial intelligence, xAI has introduced Grok 3, a cutting-edge AI designed to assist and provide insightful answers to a wide range of questions. Launched with the mission to advance human scientific discovery, Grok 3 comes …
Read More »Weekly Financial Market Recap: Entangled Volatility Amid Trade Tensions and Strategic Adaptation
Global financial landscape this week were shaped by a convergence of trade policy upheavals, measured responses from central banks, and supply-side pressures, resulting in a dynamic interplay of volatility and strategic adjustments. This analysis explores movements in gold, crude oil, U.S. equities, cryptocurrencies, and key currency pairs, with a focus …
Read More »XAU/USD Dips but Shines Weekly as US Dollar Holds Firm and Geopolitical Heat Rises
Gold prices dipped on Friday, with XAU/USD trading at $3,019, down 0.81%, marking a second consecutive day of retreat as traders locked in profits ahead of the weekend. Despite this pullback, the precious metal is on track to secure weekly gains, buoyed by a resilient US Dollar, with the US …
Read More »Volatility Persists as Dow Hovers Near 42,000 Amid Tariff Uncertainty and Quadruple Witching
The Dow Jones Industrial Average (DJIA) experienced a rollercoaster session on Friday, flirting with the 42,000 mark before settling near its opening level. Investors found themselves navigating a complex landscape marked by a lack of significant economic data and mounting pressures from expiring options contracts. Adding to the uncertainty, U.S. …
Read More »Oil Climbs for Second Week Amid Sanctions, OPEC+ Plan to Tighten Supply
Oil prices edged higher on Friday, securing a second straight week of gains as tighter supply expectations took hold, driven by fresh U.S. sanctions on Iran and OPEC+’s latest production strategy. Brent crude futures climbed 16 cents, or 0.2%, to settle at $72.16 per barrel, while U.S. West Texas Intermediate …
Read More »Bitcoin Slides Amid Economic Uncertainty, Altcoins Follow Suit
Bitcoin and the broader cryptocurrency market faced renewed selling pressure on Friday, as uncertainty over U.S. interest rates and trade tariffs dampened risk appetite. The market struggled to sustain gains from earlier in the week, as investors remained cautious about macroeconomic headwinds. Bitcoin Under Pressure as Fed Holds Rates, Tariff …
Read More »