Gold prices slipped on Tuesday, trading at $5,109 per ounce, down about 2.2% from the previous session. The decline comes after the metal opened above $5,240 earlier in the day, marking its highest start in weeks. Despite the pullback, gold remains firmly elevated compared to recent months and continues to …
Read More »Bitcoin Slides to Six-Month Low, Erasing Half Its Value as Tariff Uncertainty Fuels Risk Aversion
Bitcoin fell sharply on Tuesday, extending its recent downturn and wiping out roughly half of its value from the record highs seen in October, as uncertainty over U.S. tariff policy and broader risk-off sentiment weighed heavily on cryptocurrency markets. The world’s largest cryptocurrency dropped nearly 4% to $63,131.3 by 01:13 …
Read More »U.S. Customs Halts Collection of Trump’s Emergency Tariffs After Supreme Court Ruling
U.S. Customs and Border Protection (CBP) said it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) starting at 12:01 a.m. EST (05:01 GMT) on Tuesday, more than three days after the U.S. Supreme Court ruled the measures illegal. In a notice sent to shipping companies …
Read More »Gold Pulls Back as Profit-Taking and Stronger Dollar Halt Bullion Rally
Gold prices eased on Tuesday as investors locked in profits after the precious metal surged more than 2% in the previous session, while a firmer U.S. dollar added further pressure to prices. Spot gold slipped 1% to $5,179.77 per ounce by 07:35 GMT, snapping a four-session winning streak and retreating …
Read More »US Session Key Drivers – Dollar Steadies After a Political Shock
Global markets opened the week in a cautious mood as investors absorbed the fallout from a major legal setback to U.S. trade policy. The Supreme Court struck down key tariff measures, triggering sharp but short-lived volatility in currency markets. After an initial dip, the U.S. dollar regained its footing and …
Read More »Oil Prices Caught in the Crosscurrents of Politics and Demand
The energy market is catching its breath. Crude oil prices are no longer racing ahead, but they are not retreating either. After a strong recovery from earlier lows, the market has entered a calmer phase marked by hesitation and reassessment. Prices are holding near recent highs, suggesting that traders are …
Read More »USD/CAD Steadies as Dollar Weakness Meets Falling Oil Prices
The USD/CAD currency pair traded around 1.3665 on Monday, showing relative stability at the start of the week. After last week’s pullback from a monthly high, the pair remains just below the key 1.3700 level, balancing between a softer US Dollar and weaker crude oil prices.The US Dollar started the …
Read More »Bitcoin Slides Below $65,000 as Whale Selling and U.S. Trade Uncertainty Weigh on Crypto Markets
Bitcoin briefly fell below the $65,000 level during Asian trading on Monday, remaining under sustained pressure as large holders continued to offload cryptocurrencies, while renewed uncertainty over U.S. trade policy further dampened risk appetite. The world’s largest cryptocurrency dropped around 4% to $65,296.8 by 01:30 ET (06:30 GMT), after touching …
Read More »Dollar Weakens After Supreme Court Tariff Ruling as Trade and Iran Risks Unsettle Markets
The U.S. dollar slipped on Monday after a Supreme Court ruling against President Donald Trump’s sweeping tariff measures injected fresh uncertainty into U.S. trade policy, compounding existing concerns over rising geopolitical tensions with Iran. The euro rose 0.2% to $1.1808, while sterling gained 0.3% to $1.3519. The dollar also eased …
Read More »Oil Slides as U.S.–Iran Talks Ease Conflict Fears, Tariff Hikes Cloud Demand Outlook
Oil prices fell about 1% on Monday as investors weighed easing geopolitical tensions ahead of renewed U.S.–Iran nuclear talks against fresh uncertainty over global growth following new U.S. tariff measures. Brent crude futures declined 87 cents, or 1.21%, to $70.89 a barrel by 07:22 GMT, while U.S. West Texas Intermediate …
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