The US Dollar holds on to small gains after rather disappointing US PMI release. The US economy is no longer outperforming or outpacing the Eurozone. The US Dollar Index (DXY) heads back to the mid-106.00 region. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is trading…
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 sell in these assets. You should do your own thorough research before making any…
The US Dollar trades weaker on Thursday against most major peers. Traders gear up for the Producer Price Index (PPI) and weekly jobless claims due later in the day. The US Dollar Index (DXY) drops below 108.00 and ekes out losses for this week. The US Dollar Index (DXY), which tracks the performance of the…
According to the University of Michigan’s (UoM) Consumer Sentiment Index, American consumers are beginning to grow increasingly concerned about United States (US) President Donald Trump’s approach to economic policy and international trade. Trade war fears have knocked back consumer confidence, and consumer inflation expectations have also climbed. The Preliminary UoM Sentiment Index showed that aggregate…
United States (US) Press Secretary Karoline Leavitt dashed investor hopes for a delay in tariffs on Friday, announcing from the White House’s press podium that President Donald Trump’s wide tariffs of 25% on Canada and Mexico, as well as 10% on China, would be taking effect on February 1. The announcement shattered earlier reports that…
Gold falls flat after reaching a fresh all-time at $2,800.93 on Friday in early trading. On Saterday, the Trump administration will impose 25% tariffs on Canada and Mexico, stirring up potential trade war. Gold’s new all-time high could be tested again, should US PCE data turn out weaker than expected. Gold’s price (XAU/USD) is flat and…
Tech stocks bounced back vigorously on Tuesday, with the Nasdaq climbing 2%. Following the DeepSeek upheaval, traders scoured the remnants of Monday’s tumult for undervalued gems. Despite persistent concerns about overvaluation and potential turbulence due to “Trump’s tariff threats” and a seemingly indefinite Federal Reserve pause, AI stocks’ allure remains a compelling narrative. Navigating this…
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 sell in these assets. You should do your own thorough research before making any…
United States (US) President Donald Trump ran through a long list of grievances while delivering his remarks during the World Economic Forum hosted in Davos, Switzerland on Thursday. President Trump reiterated his concerns that the US’ trade deficit with Canada, which amounts to 4% of the US’ total trade imbalance, is unsustainable. President Trump also…
Markets are bracing for a chunky few debt issuance this week in the US. Fed interest rate projections see a cut in January out of the cards at the moment, ahead of the FOMC Minutes later this week. Gold price is moving within a pennant technical formation, respecting both upside and downside. Gold’s price (XAU/USD)…