USD/JPY to Trade Within 146.00–149.00 Range, Predicts forecast that the USD/JPY currency pair will trade within a range of 146.00 to 149.00 in the near term. The analysts observe that the recent downward momentum of the USD has largely dissipated. In the longer
RBNZ Expected to Cut Interest Rates Amidst Global Economic Uncertainty; NZD/JPY Faces Bearish Pressure The Reserve Bank of New Zealand (RBNZ) is widely expected to reduce its Official Cash Rate (OCR) by 25 basis points to 3.50% at its upcoming meeting on April 9, 2025. This anticipated cut
NZD/USD Gains Near 0.5600 Amid Weaker USD. The NZD/USD pair has gained positive traction, rising above the 0.5600 mark during the European session. The appreciation of the New Zealand Dollar is primarily attributed to renewed selling pressure on the US Dollar. Recent US economic data, including
US Dollar Weakens Amid Tariff Turmoil; GBP/USD and EUR/USD Hold Key Levels The US Dollar Index (DXY) declined to 102.68 as markets reacted to recent tariff announcements. An erroneous report suggesting a pause in tariffs briefly lifted the dollar, but this was quickly denied, reinforcing the dollar&
Global Markets Rebound in Relief Rally; Gold Returns to $3,000 Amid Tariff Turmoil On Monday, April 7, 2025, U.S. stock markets exhibited significant volatility, primarily influenced by President Donald Trump's escalating tariff threats against China. The S&P 500 declined by 0.2%, losing 11.
Gold Prices Surge Amid Intensifying US-China Trade Tensions Gold prices in India have surged, with spot gold reaching a record high of $2,867.59 per ounce, marking a 0.9% increase. The escalation of trade tensions between the US and China has heightened demand for gold as a safe-haven
Gold and Silver Prices Hold Steady Amid Anticipation of U.S. CPI and FOMC Minutes Gold prices have rebounded to approximately $3,012 per ounce, recovering from recent lows and maintaining levels above the $3,000 mark. Silver remains steady above $30 per ounce, reflecting resilience amid market fluctuations. Traders
Gold and Silver Maintain Positions Ahead of Key U.S. Economic Data Releases Gold prices have rebounded to approximately $3,012 per ounce, maintaining levels above the $3,000 mark. Silver remains steady above $30 per ounce, reflecting resilience amid market fluctuations. Traders are awaiting the release of the U.
USD/CHF Under Pressure Amid Global Recession Fears Following Trump's Tariffs The USD/CHF pair is trading around 0.8550 during the early European session on Tuesday, reflecting a weakening U.S. Dollar (USD) against the Swiss Franc (CHF). President Donald Trump has imposed sweeping tariffs on various
EUR/USD and USD/JPY Analysis: Market Stabilizes Amid Trade Tensions After a period of significant selling since Friday, both EUR/USD and USD/JPY have shown signs of stabilization during the Asian session on Tuesday. Ongoing trade tensions, particularly between the U.S. and China, continue to influence market
AUD/JPY Rebounds to 89.50 Amidst Improved Global Sentiment and China's Stimulus Measures The AUD/JPY currency pair surged to approximately 89.40, ending a three-day decline during the early European session on Tuesday. The pair is trading near the 89.50 mark, reflecting renewed investor confidence.
Silver Prices Face Pressure Amid Trade War Concerns and Profit-Taking Silver (XAG/USD) is trading around $30.15 during the Asian trading hours on Tuesday. This follows a decline to over eight-week lows, influenced by global trade war concerns. Investors are liquidating positions to secure profits, possibly due to covering