Financial markets are poised for a challenging 2025, navigating corporate transformations, geopolitical uncertainties, and economic resilience. Key factors like government policies, market dynamics, and global events will significantly impact major sectors including oil, gold, the US dollar, and cryptocurrencies.The US election outcome could trigger a long-term economic upswing, driven by …
Read More »US Dollar Caught Between Inflation and Growth
The US Dollar Index (DXY) has been navigating a complex landscape, caught between the twin forces of persistent inflation and a potential economic slowdown. As the Federal Reserve (Fed) grapples with the delicate task of balancing these opposing forces, the dollar’s future trajectory remains uncertain.The recent release of November’s Consumer …
Read More »Weekly recap: Data still in focus after NFP
US dollar ended last week’s trading in the uptrend with modest gains. This movement coincided with rising indices in Wall Street and other global stock markets. Markets were driven by different developments, including mixed economic data, political developments in Europe and the Middle East, and some monetary policy-related implications. Jobs …
Read More »XAU/USD Slides Following Trump’s Threats to BRICS to Defend USD
Gold prices fell on Monday after President-elect Donald Trump threatened the BRICS nations with 100% tariffs if they attempt to replace the US dollar with their own currency. This warning boosted the US Dollar, which typically weighs on Gold prices since the metal is primarily priced and traded in USD. …
Read More »Currency Markets Steady Amid Mixed Global Developments
The U.S. dollar stabilized on Thursday as currency markets reacted to a series of global interest rate changes and economic data releases. Notable movements included the South Korean won softening after an unexpected rate cut and the Japanese yen positioning for its strongest week in three months. Key Currency Highlights …
Read More »US Dollar Pauses Following PCE Ahead Of Thanksgiving
The US Dollar embarked on a brief respite ahead of the Thanksgiving holiday, with its recent rally pausing after the release of key economic data. While the Personal Consumption Expenditures (PCE) Price Index, the Fed’s preferred inflation gauge, came in line with expectations, it did little to alter market sentiment.A …
Read More »Market Drivers; US Session
Market Focus Shifts to FOMC Minutes The US Dollar weakened at the start of the week as geopolitical tensions in the Middle East eased and investors anticipated the release of the Federal Open Market Committee (FOMC) minutes. The FOMC minutes, along with a slew of US economic data, including housing …
Read More »Market Drivers; US Session
Before the FOMC event, the US election continues to receive the majority of market focus. Amid increased expectations ahead of the US election results and the next Fed meeting, the US dollar was mostly defensive on Tuesday, falling to three-week lows. What you need to know on Wednesday, November 6:Despite …
Read More »US Dollar Pauses Ahead of Key Data
The US Dollar softened on Wednesday as mixed economic data emerged. While the ADP Employment Change report for September exceeded expectations, signaling robust job growth in the private sector, the downward revision to Q3 GDP growth tempered optimism. This conflicting data painted a nuanced picture of the US economy, leaving …
Read More »Gold prices rally to fresh all-time highs following US Jobs data
Gold, the timeless haven asset, has recently embarked on a remarkable rally, pushing its price to unprecedented heights. This surge can be attributed to a confluence of factors, each contributing to the precious metal’s allure.A Weakening US Dollar and Lower Interest RatesThe US dollar, often inversely correlated with gold prices, …
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