GBP/USD RISES TO NEAR 1.3050 AS US DOLLAR REMAINS TEPID AHEAD OF PPI DATA The GBP/USD pair is on track for its fourth consecutive daily gain, trading near 1.3030 during Friday's Asian session. The US Dollar Index (DXY), which tracks the greenback against a
USD/INR WEAKENS AMID ESCALATING TRADE WAR TENSIONS The Indian rupee (INR) recently depreciated to a record low of 87.29 against the U.S. dollar, influenced by heightened trade tensions stemming from U.S. tariff announcements. President Donald Trump's decision to impose significant tariffs on imports from
EUR/USD SURGES IN ASIA AS THE USD CONTINUES TO UNRAVEL During Asian trading hours, the EUR/USD pair surged, briefly surpassing the 1.14 mark as the US dollar weakened. The US Dollar Index fell below the 100 level for the first time since July 2023, reflecting diminished demand
USD/CAD EXTENDS DECLINE BELOW 1.3950 The USD/CAD currency pair further declined to approximately 1.3920 during the early Asian session on Friday, marking a 0.41% decrease for the day. The US Dollar (USD) has been weakening against the Canadian Dollar (CAD) due to persistent concerns over
GOLD PRICE HITS RECORD HIGH ABOVE $3,200 On April 10, 2025, gold prices surged to a record high, closing at $3,155.20 per troy ounce, marking a 3.2% increase the largest single. The rally is driven by heightened investor demand for safe-haven assets amid escalating global trade
USD/JPY, USD/CAD: SAFE HAVEN DOUBTS LEAVE U.S. DOLLAR ON THE ROPES Investor sentiment is shifting as markets begin to doubt the U.S. dollar's role as a safe-haven currency, leading to a decline in the dollar's value despite rising yields. Both USD/JPY
YEN CONTINUES TO SOAR, USD/JPY UNDER 143.50 The US dollar is experiencing significant weakness, with the Japanese Yen (JPY), Euro (EUR), Swiss Franc (CHF), British Pound (GBP), and gold all showing strength during the Asian morning trade. In the Asian session, USD/JPY dropped below the 143.50
SILVER (XAG) FORECAST: BULLS DEFEND SUPPORT, BUT GOLD STILL COMMANDS THE SPOTLIGHT Silver prices have recently experienced fluctuations, influenced by a combination of industrial demand concerns and the overshadowing performance of gold. Silver prices have declined to their lowest levels in over eight weeks, primarily due to worries about weakening
US Dollar Weakens Following Tariff Pause Announcement. The US dollar experienced a decline in the early hours of Thursday after President Donald Trump announced a 90-day pause on certain trade tariffs. This decision led to a "relief rally" among global traders, easing immediate trade tensions. The euro rebounded
BULLS IN CHARGE AS TRUMP HITS TARIFF PAUSE. $3,150/OZ UP NEXT? Gold prices have surged, with spot gold climbing 1.5% to $3,129.33 per ounce, and U.S. gold futures increasing by 2.2% to $3,145.80. This surge is attributed to President Donald Trump&
GOLD PRICE ENTERS HOTSPOT REGION WITH NEW ALL-TIME HIGH POSSIBLE Gold (XAU/USD) has demonstrated an exceptional performance, trading around $3,107 in the early Thursday session. Since Tuesday morning, the precious metal has rallied nearly 5%. The current price nears the all-time high of $3,139.90 per ounce,
AUD/USD TECHNICAL OUTLOOK The Australian Dollar (AUD) has experienced a sharp rally, gaining momentum to test the 0.6195 level against the US Dollar (USD). This surge is attributed to increased risk appetite following President Donald Trump's recent policy shifts on trade tariffs. In the longer term,