Gold price refreshes record high as US-China trade war underpins safe-haven demand.A positive risk tone caps gains for the precious metal amid a slightly overbought daily RSI.US recession fears, Fed rate cut bets, and a bearish USD should support the … [Continue reading]
Japanese Yen remains on the front foot against USD amid heightened safe-haven demand
The Japanese Yen continues to attract safe-haven flows amid the escalating US-China trade war.Hopes that Japan might strike a trade deal with the US contribute to the bid tone around the JPY.The divergent BoJ-Fed policy expectations provide an … [Continue reading]
Germany’s Merz: US President Trump’s policies are increasing the risk of next financial crisis
In a Handelsblatt interview on Saturday, German Chancellor-in-waiting Friedrich Merz said, US “President Trump’s policies are increasing the risk that the next financial crisis will hit sooner than expected.”Further comments"Yes, I’m hoping for … [Continue reading]
China New Loans came in at 3640B, above forecasts (3000B) in March
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
China M2 Money Supply (YoY) came in at 7% below forecasts (7.1%) in March
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
President Trump’s memecoin leads crypto unlock with incoming supply pressure of over $320 million
Team members of the TRUMP meme coin launched by President Trump before his inauguration will receive $321.6 million worth of token unlocks next week.TRUMP unlock accounts for over 60% of next week's insider unlocks worth $519 million.Fast Token and … [Continue reading]
Bitcoin and crypto market sees recovery as Fed official says agency ready to stabilize market if necessary
Boston Fed President Susan Collins said the agency will deploy tools to stabilize the market if liquidity concerns rise.Bitcoin reclaimed the $83,000 mark on Thursday following Collins' comments and a lower-than-expected PPI data.Ethereum, XRP and … [Continue reading]
Banxico minutes signal more easing ahead as economy slows
Banxico board sees increased economic slack and downside inflation risks, reinforcing expectations for more rate cuts.Majority noted orderly MXN trading and improving liquidity conditions despite external volatility.USD/MXN could test 20.00 if … [Continue reading]
Mexican Peso ends week strong as USD plunges on China tariff retaliation
Mexican Peso gains as China retaliates with 125% tariffs, sending the US Dollar Index below 100 for the first time since 2021.Banxico minutes show unanimous concern over decelerating growth; rate cut likely at next meeting.US data mixed: PPI cools … [Continue reading]
NZD/USD Price Analysis: Kiwi extends gains near 0.5800 zone but eyes 200-day SMA hurdle
NZD/USD trades near the 0.5800 zone after strong gains on FridayResistance aligns with 200-day SMA near 0.5895The NZD/USD pair extended its advance on Friday’s session with the pair seen trading near the 0.5800 zone after a 1.39% daily rise. This … [Continue reading]