Forex Market

The US Dollar Index (DXY), which tracks the value of the US dollar against a basket of major currencies, hovered around the 104.20 mark on Tuesday, April 1, 2025, reflecting a lack of clear direction following a batch of underwhelming US economic data. Investors digested a weaker-than-anticipated ISM Manufacturing PMI, …

Gold prices are down -0.52%, trading around $ 3,107 per ounce, at the time of writing. Earlier during the North American session, the precious metal was stealing the spotlight once again, with spot prices climbing above $3,130 per ounce in a remarkable rally. The surge came on the heels of …

Financial markets are buzzing with a renewed sense of optimism today, as positive risk sentiment holds strong through the trading session. The catalyst? Overnight remarks from none other than Trump himself, whose comments on tariffs have injected a dose of hope into an otherwise jittery market landscape. With risk assets …

The U.S. dollar remained stable on Tuesday as investors prepared for new reciprocal tariffs set to be announced by President Donald Trump on Wednesday. Market Focus on U.S. Economic Data Investors are closely watching the U.S. Job Openings and Labor Turnover Survey (JOLTS) and the ISM Manufacturing Index, both due …

Wall Street index futures traded in tight ranges on Tuesday, stabilizing after a turbulent first quarter, as investors assessed the potential impact of upcoming trade tariffs from U.S. President Donald Trump. Stock Futures Movement Dow Jones Futures fell 60 points (-0.1%). S&P 500 Futures traded flat. Nasdaq 100 Futures gained …

Gold prices surged to an all-time high in Asian trading on Tuesday, driven by rising safe-haven demand as investors braced for upcoming tariff announcements from U.S. President Donald Trump. Gold’s Record-Breaking Rally Spot Gold rose 0.7% to $3,148.10 per ounce, marking its highest level ever. Gold Futures (June) gained 0.3% …

The Reserve Bank of Australia (RBA) kept interest rates steady at 4.1% on Tuesday, as widely anticipated, while acknowledging progress in lowering inflation but maintaining a cautious stance amid economic uncertainties. Key Takeaways from the RBA Decision: Cash Rate Held at 4.1%: This follows a 25-basis-point cut in February. Inflation …

Gold prices shattered records on Friday, surging to an all-time high of $3,086 as investors flocked to the safe-haven metal amid escalating global trade uncertainty and shifting U.S. monetary policy expectations. The XAU/USD pair traded at $3,079, marking a robust 0.79% gain, fueled by a weakening U.S. dollar and sliding …

The European Union issued an urgent directive to its 450 million citizens: stockpile 72 hours’ worth of supplies to brace for potential crises. Framed as a safeguard against “emerging threats,” this move—while not explicitly tied to Russia’s aggression in Ukraine—signals a bloc-wide push to fortify resilience amid rising geopolitical and …

A wave of market unease swept through Wall Street Friday, triggered by persistent inflationary pressures and the looming shadow of potential trade tariffs. Stocks experienced a sharp decline, with major indices registering significant losses, as investors grappled with the reality of a potentially prolonged period of higher interest rates.The catalyst …