Gold price gains momentum to a record high around $3,190 in Friday’s early Asian session. An escalation of the US-China trade underpins the Gold price. Pared-back Fed rate cut bets might help limit the XAU/USD’s losses. The Gold price … [Continue reading]
US Dollar falls as tariffs and Fed concerns fuel bearish mood
The US Dollar Index remains under pressure on Thursday, seen around the 101 area after earlier attempts to rebound faded.Fresh tariff hikes and dovish-leaning Fed commentary added to recession and inflation worries, weighing on the … [Continue reading]
Fed’s Schmid: Tariffs have elevated economic uncertainty
Kansas City Federal Reserve President Jeff Schmid said that he would remain “squarely focused” on inflation and cautioned that new US import taxes could drive prices higher and bolster rising public inflation expectations. Schmid’s prepared remarks … [Continue reading]
Gold price enters hotspot region with new all-time high possible
Gold price rockets higher and sprints from sub-$3,000 to $3,132 on Thursday. Equity markets are on fire, rallying higher after Trump announced a 90-day pause on reciprocal tariffs. Gold could hit a fresh all-time high later in the … [Continue reading]
XRP Price Prediction: XRP back above $2 liquidating $18M in short positions, will the rally continue?
XRP reclaims the crucial $2 level as President Trump makes a classic U-turn on reciprocal tariffs.Massive liquidations hit short-position traders as cryptocurrencies rebounded on Thursday.A spike in open interest per Coinglass data signals heightened … [Continue reading]
Will Bitcoin price reach $100K as Trump confirms Blackrock CEO’s prediction?
Bitcoin price crossed $84,000 on Wednesday, rising 8% within hours of Trump’s tariff rollback announcement. On Monday, Blackrock CEO Larry Fink had predicted global markets will sink 20% further if tariffs take effect, calling it a “buying … [Continue reading]
Dow Jones Industrial Average soars as equities rebound on tariff delay
The Dow Jones soared 7.8% on Wednesday after the Trump administration delayed its lopsided “reciprocal” tariffs.A flat 10% across-the-board tariff is still in effect, and China tariffs are still going to 125%.Market sentiment has entirely reversed … [Continue reading]
EUR/USD Price Analysis: Euro climbs toward 1.1100 as bullish bias strengthens
EUR/USD trades near the 1.1000 zone after rising sharply during Wednesday’s session.Technical indicators lean bullish overall, although short-term momentum remains balanced.Support seen near the 1.0920–1.1000 range, with key moving averages … [Continue reading]
US Dollar dives as US tariffs trigger market reaction
The Greenback edges lower against most major currencies as US tariffs impact markets. Asian and European Equities edge lower amid fears of global economic slowdown due to tariffs. The US Dollar Index is on the backfoot, though it starts to … [Continue reading]
USD/CHF tumbles below 0.8450 amid risk-off mood, eyes on FOMC Minutes
USD/CHF trades in negative territory for the third consecutive day around 0.8435 in Wednesday’s early European session. Rising risk aversion amid tariff turmoil boosts the Swiss Franc, a safe haven currency. US trade tariffs … [Continue reading]