


Bitcoin (BTC) price stabilizes at around $103,000 when writing on Friday, after facing multiple rejections at the key $105,000 resistance level throughout the week.
USD/JPY holds losses near 143.50 in Thursday's Asian trading, fading the early uptick to 144.00 A weaker risk tone and the divergent BoJ-Fed policy expectations underpin the safe-haven Japanese Yen amid sustained US Dollar weakness. The pair keeps losses despite no FX talks in the Kato-Bessent meeting.
EUR/USD is consolidating gains below 1.1350 in Wednesday's European trading on the back of a sustained weakness n the US Dollar. Renewed trade jitters, along with fresh concerns about the US fiscal health, add further pressure on the Greenback. The focus now is on the ECB and Fed-speak.
Gold price sticks to intraday gains above the $3,300 mark, or a one-and-a-half-week high touched during the Asian session on Wednesday, and looks to build on a three-week-old uptrend amid a combination of supporting factors. US fiscal concerns and a downgrade of the US government's sovereign credit rating last Friday continue to weigh on the USD.
GBP/USD is defending minor bids below 1.3300 in European trading on Thursday as the Pound Sterling remains little impressed by the UK GDP and Business Investment beat. However, the pair continues to draw support from a weaker US Dollar ahead of key US data and Powell's speech.
EUR/USD trades modestly higher on the day near 1.1200 in the European session on Thursday. Renewed US Dollar weakness on trade-related uncertainties and nervousness ahead of US PPI and Retail Sales data underpins the pair. Fed Chair Powell will deliver a speech on framework review later in the day.
Gold began the week under pressure, retreating toward the $3,200 mark per troy ounce, where some support appeared to materialise. The decline followed a broader improvement in risk sentiment after encouraging developments emerged from US-China trade talks over the weekend.
Gold adds to Friday’s advance, reclaiming the $3,300 mark per troy ounce and beyond on the back of rising safe-haven demand following heightened geopolitical tensions in the Middle East. In addition, a persistent uncertainty over US trade policy continues to linger, adding to the upside momentum in the precious metal.
Gold adds to Friday’s advance, reclaiming the $3,300 mark per troy ounce and beyond on the back of rising safe-haven demand following heightened geopolitical tensions in the Middle East. In addition, a persistent uncertainty over US trade policy continues to linger, adding to the upside momentum in the precious metal.
EUR/USD manages to stick to its daily gains on Monday despite pulling back from earlier highs on the back of the tepid bullish attempt in the US Dollar. Encouraging results from the US services sector appear to have lent renewed oxygen to the Greenback, sponsoring its bounce.
EUR/USD extends its sideways grind below 1.1400 in the European session on Wednesday. The data from Germany showed that the Gross Domestic Product (GDP) contracted at an annual rate of 0.2% in the first quarter, as anticipated. In the Eurozone, GDP expanded by 1.2% in the same period. Market focus shifts to US GDP data.
Gold price struggles to lure buyers and trades below the $3,300 in the European session on Wednesday as signs of easing US-China trade tensions continue to undermine safe-haven assets. Key GDP and PCE inflation data releases from the US could trigger the next big action in XAU/USD.
Following a bearish opening to the week, Gold gains traction and trades above $3,300 in the American session. Mixed headlines on the ongoing US-China trade war cause markets to remain risk-averse on Monday, allowing XAU/USD to turn north.
USD/JPY pares some of its intraday losses as the US Dollar strives to gain a temporary ground. The US Dollar has remained weak due to multiple headwinds. The BoJ is expected to continue raising interest rates.
USD/CAD consolidates around 1.3850 as investors seek to gain ground after remaining on the backfoot in the last two weeks. The outlook of the US Dollar remains uncertain as Trump attacks on Fed’s independence. Trump has slammed Fed Powell for not reducing interest rates.
EUR/USD loses the grip and retreats to the 1.1440 zone as the Greenback’s rebound now gathers extra steam, particulalry after some positive headlines pointing to mitigating trade concerns on the US-China front on Tuesday.
Bitcoin (BTC) is stabilizing around $84,000 at the time of writing on Thursday after facing multiple rejections around the 200-day Exponential Moving Average (EMA) at $85,000 since Saturday. Despite risk-off sentiment due to the hawkish remarks by the US Federal Reserve (Fed) on Wednesday, BTC remains relatively stable. Meanwhile, institutional demand shows...
The EUR/USD pair strengthens to around 1.1370 during the early European trading hours on Friday. Hopes for a trade deal between the United States and the European Union provide some support to the Euro. Trading volume is likely to be lightened on Good Friday.