The Euro was hit by weaker-than-expected EU PMIs, despite cautious optimism from ECB officials. US PMIs beat expectations, reinforcing economic resilience and lifting the Greenback.…
NZD/USD slumps to near 0.5900 as the US Dollar capitalizes on upbeat US S&P Global PMI data for May. The US Composite PMI increased to…
Silver price tumbles to near $32.30 on optimism about a potential trade deal between the US and China. This week, the US and China agreed…
WTI price dropped by about 3% on Thursday due to escalating fears of a global supply surplus. Trump commented, “I think we are getting very…
GBP/JPY retreats after hitting 196.39, forming bearish engulfing candle suggesting downside risk. Break below 194.22 could open path toward 193.31 Tenkan-sen and 200-day SMA at…
Gold drops to $3,182 amid China trade truce and fading safe-haven demand. DXY dips toward 100.60 as CPI miss renews rate cut speculation. Fed expected…
The US Dollar trades on the backfoot on Wednesday for a second consecutive day after softer-than-expected US inflation data. The Korean Won strengthened against the…
Silver drifts lower on Wednesday, though the mixed technical setup warrants caution for traders. The recent repeated failures to breakout through a descending channel resistance…
Gold prices fall over 3% as safe-haven demand weakens following the agreement between the US and China to lower reciprocal tariffs. US Dollar strength and…
US Dollar Index slips below 100.40 after rejection near one-month highs. US-China talks in Switzerland loom large over weekend headlines. Fed officials stress stable inflation…