Forex Market

Gold prices dipped by 0.67% on March 24, 2025, settling at $3,002 per ounce, as easing global trade tensions and a stronger U.S. dollar curbed the metal’s upward momentum.The decline marked the third consecutive day of losses for gold, driven by news that the Trump administration plans to impose targeted …

The scope of the current approach to imposing customs tariffs, set to take effect on April 2, will reportedly narrow, seemingly canceling the tariffs that were scheduled to be applied to certain sectors. Instead, a reciprocal tariff will be imposed targeting a specific group of countries that account for the …

The dollar/yen continues to rise since the start of daily trading, driven by pressure from economic data and statements from the central bank that lean toward quantitative easing, in contrast to the direction taken by Japanese monetary authorities. The pair climbed to 150.69 compared to the previous daily close of …

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 …

Economic Signals Send Mixed Messages Monday’s preliminary Purchasing Managers’ Index (PMI) data for March painted a fragmented picture of global economies. In Europe, France’s PMI readings from S&P Global and Hamburg Commercial Bank (HCOB) surpassed expectations and February’s figures in both manufacturing and services, yet still signaled contraction. Germany and …

The U.S. dollar edged lower on Monday, retreating from recent highs as uncertainty over President Trump’s upcoming tariff policies weighed on market sentiment. Meanwhile, the euro rebounded following solid German economic data. At 05:10 ET (09:10 GMT), the U.S. Dollar Index (DXY) traded 0.1% lower at 103.640, after reaching a …

Gold prices dipped in Asian trading on Monday, retreating further from record highs as reports indicated that U.S. President Donald Trump’s April 2 tariffs may be less severe than feared, reducing demand for safe-haven assets. However, a softer dollar helped limit gold’s losses, while broader metal prices advanced, supported by …

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 …

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 …

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. …