Gold prices fell in Asian trade on Wednesday
as the bullion’s safe-haven appeal was dampened by easing U.S.-China trade tensions, while higher-than-expected U.S. inflation added furthe...Read More
As of Monday, May 12, 2025, the US dollar index has reached a one-month high, trading near 101.35, based on renewed optimism following a significant easing in US-China trade tensions.
Over the weekend, the US and China reached a preliminary agreement in Geneva to reduce mutual tariffs for a period of 90 days. The US will r...Read More
The European Central Bank is tipped to slash borrowing costs three more times this year
bringing its key deposit rate down to 1.5% by the end of 2025, according to analysts at Deutsche Bank. But in a note to clients, the broke...Read More
The dollar’s recent strength has been supported
As of Friday, May 9, 2025, the US Dollar Index (DXY) is trading near 100.47, marking a slight decline of 0.17% from the previous session’s...Read More
The anticipation of the Federal Reserve's policy decision later today has also impacted gold prices
Gold prices fell by approximately 1.3% to $3,383.88 per ounce on Wednesday, retreating from the previous day's gains. This decrease i...Read More
As of Wednesday, the U.S. Dollar Index (DXY) is trading
Around 99.46, reflecting a bearish bias. The index has experienced a decline of 0.32% on the day, with price action ranging between 99.26 A...Read More
U.S. dollar is experiencing notable pressure amid global currency
The Taiwan dollar surged by 8% over two days, reaching a three-year high. Similarly, the Singapore dollar is approaching a 10-year high, ...Read More
As of Tuesday, May 6, 2025, gold prices have surged globally
Gold reached approximately $3,415.56 per ounce , marking a significant rise from $3,333.25 the previous day. This increase reflects a stro...Read More
De Bruyne gives Man City win over Wolves to stay on track for UCL
Kevin De Bruyne delivered a pivotal performance in Manchester City's 1-0 victory over Wolverhampton Wanderers, significantly bolsterin...Read More
The U.S. dollar ceded ground to the Swiss franc, Australian dollar, euro and yen on Friday
The U.S. Dollar Index (DXY) has declined nearly 10% year-to-date, reflecting investor concerns over new tariffs and shifting global invest...Read More
Today: Meta, Microsoft Earnings Help Ease Fears of Tariff Hit to Magnificent Seven
As of May 1, 2025, Microsoft's stock price stands at $428.51, reflecting an 8.4% increase from the previous close. The stock reached ...Read More
As of Thursday, May 1, 2025, gold prices have declined to a two-week low
with spot gold dropping 1.6% to $3,235.55 per ounce and U.S. gold futures falling 2.3% to $3,243.30. This downturn is attributed to a strong...Read More
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