Forex Market

Japan’s government bond (JGB) market is facing significant turbulence as yields on super-long bonds (20-, 30-, and 40-year maturities) have surged to historic peaks in May 2025, raising concerns about the nation’s fiscal sustainability and its potential to unsettle global financial markets. On Thursday, the 10-year JGB yield stabilized at …

Late Thursday, San Francisco Federal Reserve President Mary Daly commented on the uncertainty surrounding White House trade policies, which have led the Federal Reserve to adopt a wait-and-see approach. With steep import tariffs looming, policymakers are evaluating their potential ripple effects on the US economy, as markets reflect this uncertainty …

The Euro (EUR) strengthened against the Japanese Yen (JPY) on Thursday, with traders eyeing Japan’s forthcoming inflation data and Germany’s Retail Sales figures due on Friday. As of now, the EUR/JPY pair is trading at 163.83, marking a daily increase of 0.17%. These key economic releases are poised to provide …

Gold prices soared past the $3,300 mark on Thursday, buoyed by a confluence of factors including disappointing US jobs data and a significant court ruling against previously imposed Trump-era tariffs. The precious metal, often sought as a safe haven, saw its value jump by 0.94%, with XAU/USD trading at $3,318 …

Oil prices surged by around $1 per barrel on Thursday, buoyed by a U.S. federal court ruling that blocked most of President Donald Trump’s proposed tariffs, easing concerns over a potential hit to global trade and economic growth. Brent crude futures rose $1.12, or 1.7%, to $66.02 a barrel, while …

Gold prices extended their recent decline in Asian trading on Thursday, as a U.S. federal court ruling against President Donald Trump’s proposed trade tariffs bolstered risk sentiment across markets. The ruling also fueled a stronger U.S. dollar, further weighing on gold and broader metal prices. Spot gold fell 0.5% to …

Euro Faces Downward PressureThe euro fell against the US dollar on Wednesday, May 28, 2025, closing at 1.1291, down from 1.1329 the previous day. The EUR/USD pair hit an intraday high of 1.1345 and a low of 1.1283, reflecting volatility driven by a resurgent dollar and cautious signals from the …

A Holding Pattern for PolicyThe Federal Reserve’s May 6-7, 2025, FOMC Minutes, released on May 28 at 23:08 UTC, highlight a central bank in wait-and-see mode as it navigates a complex economic landscape. Persistent uncertainties around trade policies and risks to the Fed’s dual mandate of employment and inflation have …

Rising Risks and Policy DilemmasThe Federal Reserve’s May 6-7 meeting Minutes, released on May 28, 2025, at 18:00 GMT, revealed growing unease among policymakers about the economic outlook. Officials highlighted “difficult trade-offs” as inflation continues to rise alongside increasing unemployment. Fed staff projections pointed to heightened recession risks, with GDP …

Gold prices dipped below $3,300 after peaking at $3,325, marking a 0.18% decline as the US Dollar and Treasury yields strengthened. With traders eagerly awaiting the Federal Reserve’s latest meeting Minutes at 18:00 GMT, a dovish signal could reignite bullion’s rally, though Fed officials appear cautious amid tariff uncertainties. Geopolitical …