AUD/USD PLUMMETS BELOW MID-0.6200s AS TRADE-WAR FEARS LIFT RBA RATE CUT BETS The Australian Dollar (AUD) has experienced a notable decline against the U.S. Dollar (USD), with the AUD/USD pair falling below the mid-0.6200s. This movement is primarily driven by escalating trade tensions and heightened
GOLD PRICE HOVERS NEAR $3,100; BULLISH BIAS REMAINS AHEAD OF US NFP REPORT Gold prices have recently maintained a strong bullish trend, trading around the $3,100 per ounce mark. This stability comes ahead of the upcoming U.S. Nonfarm Payrolls (NFP) report, which is anticipated to influence market
GOLD CORRECTS FROM RECORD HIGHS AS TRUMP'S TARIFFS SHAKE GLOBAL MARKETS Gold prices experienced significant fluctuations following U.S. President Donald Trump's announcement of sweeping import tariffs, introducing both volatility and opportunities for investors. On April 2, 2025, gold futures surged to a record high of
Analysis
AUD ON THE ROPES AS RISK AVERSION FUELS EUR/AUD, GBP/AUD BREAKOUTS The Australian Dollar (AUD) experienced significant volatility recently, influenced by new trade tariffs and growing recession concerns. This environment has led to notable movements in currency pairs such as EUR/AUD and GBP/AUD. Impact of New
USD/JPY TAKES A HIT—WILL BEARS EXTEND THEIR GRIP? The US Dollar (USD) recently faced significant resistance near the 150.50 level against the Japanese Yen (JPY), leading to a substantial decline below key support thresholds at 149.50 and 148.80. This movement has raised concerns among traders
CHINA: RETAIL SALES AND INDUSTRIAL PRODUCTION BEAT EXPECTATIONS Grew 4% YoY in February, matching expectations and improving from January's 3.7%. Increased by 5.9% YoY, surpassing the 5.3% forecast but slower than January’s 6.2% growth.
Gold price is near its highest level ever. People are buying gold because of global economic worries. Traders expect the U.S. Federal Reserve to cut interest rates in 2025. The U.S. dollar is weak, which helps gold stay strong. Investors see gold as a safe place to keep
CHINA FEBRUARY 2025 NEW HOME PRICES FALL 4.9% YoY, 0.1% MoM New home prices fell 4.9% YoY and 0.1% MoM in February. The housing sector remains under pressure, with January showing a 5% YoY decline. PBOC set USD/CNY reference rate at 7.1688, the strongest
Federal Reserve (Fed): Will decide on interest rates while worrying about a possible recession. Bank of Japan (BoJ): Traders are watching for signs that Japan might raise interest rates. Swiss National Bank (SNB): Expected to cut interest rates by 0.25%. Bank of England (BoE): Likely to keep rates the
AUD/USD is stable above 0.6300 in Monday’s Asian session. China’s economic data for January and February was mostly positive. China’s government plans to boost spending, helping the Australian Dollar (Aussie). Weaker US Dollar and higher risk appetite also support AUD/USD.
XRP Price Rebound: XRP’s price went up to $2.42, recovering 28% from a low of $1.90. SEC Settlement Talks: The U.S. SEC has started discussions to settle its case with Ripple. ETF Speculation: There are rumors that BlackRock might introduce investment products for altcoins. Market Reaction:
Oil prices went up by 1% on Monday. The U.S. said it will keep attacking the Houthi group in Yemen. The Houthis are linked to Iran. The U.S. wants them to stop attacking ships.