OIL PRICES SET FOR FIRST MONTHLY DROP SINCE NOVEMBER AMID ECONOMIC UNCERTAINTY Oil prices declined on Friday, heading for their first monthly drop since November. Economic uncertainty and concerns over global growth weighed on prices. Washington's tariff threats and signs of a U.S. economic slowdown added to
EUR/USD BREAKS BELOW 1.0400 DUE TO RENEWED US-EU TRADE TENSIONS EUR/USD faces selling pressure, trading near 1.0390. Tensions rise due to US-EU trade issues, with President Trump hinting at tariffs in April. The pair weakens for the third consecutive day amid heightened risk aversion. US GDP
BOJ GOVERNOR: POLICY DECISION DEPENDS ON SCRUTINIZING US POLICIES BOJ Governor Kazuo Ueda highlighted that US policy uncertainty impacts central bank decisions. The BOJ will closely monitor data ahead of possible broad-based tariffs. Ueda stressed evaluating US policy before making key decisions.
GOLD PRICE FORECAST: XAU/USD BREACHES KEY $2,890 SUPPORT AHEAD OF US PCE INFLATION DATA Gold price drops to two-week lows below $2,900. Awaiting US PCE inflation data, with the US Dollar strengthening amid Trump’s tariff threats. US Treasury yields decline due to dovish Fed expectations. Gold
Gold price is falling for the second day in a row. The US dollar is getting stronger, which is pushing gold prices down. Even though people are avoiding risks and US bond yields are dropping, gold is not getting support. Traders are waiting for the US PCE Price Index report
Ukraine Conflict: Both leaders discussed the ongoing war in Ukraine. Peace Efforts: President Trump expressed confidence in achieving a peace deal between Ukraine and Russia. Trade Relations: They talked about a potential trade deal that could exempt the UK from proposed American tariffs. State Visit Invitation: Prime Minister Starmer extended
Bitcoin Price Prediction: Standard Chartered still believes Bitcoin could reach $500,000. Short-Term Target: They expect Bitcoin to hit $200,000 in 2025. Recent Drop: Bitcoin’s price recently fell to a three-month low. Expert Opinion: Geoffrey Kendrick, an analyst at Standard Chartered, made this prediction. Trump’s Influence: They
EUR/USD is falling: The Euro is getting weaker against the US Dollar and may drop below 1.0400. The US Dollar is stronger: The Dollar is gaining value and reaching new highs. Trade war impact: President Trump increased tariffs on Chinese imports by 10%, affecting the market.
Bitcoin price dropped over 15% this week and keeps falling. Ethereum fell by about 24% this week. Ripple dropped around 21% this week. All three cryptocurrencies are losing value together.
AUD/USD is at its lowest point in a month, near 0.6200. Traders are cautious because of US tariff threats. This has boosted the US Dollar as a safe-haven currency. The pair is dropping due to these factors. Traders are waiting for the US PCE inflation data for new
Gold price is near its lowest in two weeks, below $2,900. Traders are waiting for US PCE Price Index data. This data will show inflation levels and impact Federal Reserve’s decision on interest rates. The data will also affect the US dollar and gold’s price direction.
BANK OF AMERICA CEO READY TO ENTER CRYPTO STABLECOIN MARKET PENDING REGULATORY APPROVAL CEO Brian Moynihan confirmed readiness to enter the crypto market once regulations are in place. He compared stablecoins to money market funds in financial transactions. Moynihan did not comment on Bitcoin as an investment. Regulatory efforts under