The US Dollar (USD) came under renewed selling pressure at the start of the trading week, dropping to multi-week lows as trade tensions and concerns about the US economy resurfaced.What to Watch on Tuesday, June 3, 2025:US: The US Dollar Index (DXY) fell below 99.00, hitting seven-week lows despite slight …
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The USD/JPY currency pair experienced a notable decline on the first trading day of the new week, reflecting the broader weakening of the US dollar. This downturn was primarily driven by renewed concerns over trade tensions between the United States and China, further exacerbated by the US administration’s plans to …
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Just like the US dollar, Wall Street stocks are retreating due to the resurgence of trade tensions between the United States and China, as reflected in statements made by US Treasury Secretary Scott Bessent last Friday. He highlighted the stalling of negotiations and the need for a strong push to …
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The Canadian Dollar (CAD) continued its upward trend against the US Dollar (USD) for the third consecutive session on Monday, bolstered by higher oil prices and ongoing weakness in the Greenback. Positive developments in Canada’s manufacturing sector, contrasted with a deeper contraction in US factory activity, further supported the Loonie’s …
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UK consumers continued to borrow and spend with confidence in April, shrugging off fears of an economic slowdown from the ongoing US trade war and a weakening domestic labour market. According to the latest money and lending figures, released by the Bank of England, this resilience is expected to support …
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Gold prices gained in Asian trading on Monday, as heightened tensions between the U.S. and China and uncertainty surrounding President Donald Trump’s tariff agenda fueled demand for safe-haven assets. Broader metal markets also found support from a softer dollar, after a Federal Reserve official hinted at the possibility of interest …
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The week ending June 1, 2025, was marked by significant volatility across global markets, driven by escalating U.S.-China trade tensions, cooling inflation data in Europe and the U.S., and policy uncertainties impacting currencies, commodities, and equities. From European markets rallying on ECB rate cut expectations to Japan’s bond market turmoil …
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The Canadian Dollar (CAD) experienced a notable surge against the US Dollar (USD), buoyed by unexpectedly robust first-quarter Gross Domestic Product (GDP) growth figures. However, this headline strength belies underlying vulnerabilities within the Canadian economy, while the US Dollar continues to grapple with the unpredictable fallout from ongoing trade policy …
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XAU/USD declines 0.84% as a strengthened US Dollar weighs on gold prices; trade uncertainties persist. US economic data shows mixed signals, with lower inflation yet robust growth, impacting gold demand. Geopolitical friction escalates as trade disputes with China resurface. Gold prices retreated on Friday, falling below the $3,300 mark as …
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The Euro and US Dollar find themselves locked in a complex dance, with seemingly positive US inflation figures clashing against a backdrop of escalating trade hostilities. This dynamic creates a challenging environment for global markets, compelling both the Federal Reserve and the European Central Bank to navigate divergent economic paths …
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