Speculators may not have pleasant memories of EUR/USD price action. Having essentially finished April near the 1.13600 vicinity and after touching lows around the 1.10680 on the 12th of May, the EUR/USD is now around the 1.13465 mark as June gets ready to begin early tomorrow. Price velocity in the EUR/USD and other major currency
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I wrote on 25th May that the best trades for the week would be: Long of Bitcoin following a daily (New York) close above $111,743. This did not set up. Long of the GBP/USD currency pair. This gave a loss of 0.54%. Short of the USD/ZAR currency pair. This gave a loss of 1.01%. The
The GBP/USD began last week’s trading with a test of 1.35920 on early Monday. However, it needs to be remembered banks in Great Britain and the U.S were mostly closed for holidays. Meaning that the highs attained in the currency pair happened when a good deal of value was missing from the broad Forex markets.
The price of WTI Crude Oil future values did produce a rather attractive range the past week. Trading began on Tuesday following the long Memorial Day holiday around the 61.10000 vicinity. Friday’s close near 60.085 is nearly one USD lower, but the high for the commodity did touch the 62.800 vicinity on early Thursday. The
xrp-usd Recent market action significantly impacted XRP’s recent losses. The remittance token may likely fall below $2. Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Quick overview XRP is facing potential further losses, with predictions of dropping below $2 as technical indicators
btc-usd Bitcoin is down 4% for the week and may return to the $ 100,000 mark in the coming days, but data show there may not be much long-term trading below this level. Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Quick
The forex market has a big decision to make in June. The US dollar has been in a stalemate for weeks, but recent price action suggests a significant move is imminent. Watch today’s video below to see how I’m trading the DXY, EURUSD, GBPUSD, USDCHF, and XAUUSD next week! Remember to scroll down for more
Markets endured another week of trade confusion, with sentiment swinging sharply on alternating headlines. As a result, investor confidence remains fragile, with markets finding little footing as the tug-of-war between hopes of progress and fear of escalation continues. While the 90-day reciprocal tariff truce is now in effect, its second half is shaping up to
UP Fintech Holding Limited (NASDAQ:TIGR), which operates the online brokerage brand Tiger Brokers, has announced its financial results for the first quarter of 2025 showing flat Revenues after a record Q4, but a sharp increase in Net Profit for the company. Net Revenue came in at $107.6 million in Q1-2025, basically the same as $107.4 million
dow Despite a modest dip on Friday, US stocks finished the week and month on a positive note, driven by Friday Dow Gains and notable weekly… Written by: Skerdian Meta • Friday, May 30, 2025 • 3 min read Add an article to your Reading List Register now to be able to add articles to
Markets reacted to fresh geopolitical tensions after U.S. President Donald Trump accused China of violating a trade agreement. Written by: Ignacio Teson • Friday, May 30, 2025 • 2 min read Add an article to your Reading List Register now to be able to add articles to your reading list. ” aria-hidden=”true”> Quick overview The
Tariffs off. A new twist in the global trade war story saw most of President Trump’s tariffs deemed illegal by a US trade court, ordering levies to be stopped within 10 days. This would reduce the effective US tariff rate to below 6% from a high of almost 27% last month. Dollar up. The initial
Asian markets returned to a risk-off tone today, with investor sentiment once again weighed down by the lack of clarity on the US tariff front and the apparent stalling of key trade negotiations. The week’s earlier relief rally following the U.S. court ruling against President Trump’s sweeping reciprocal tariffs has faded, as the legal battle
The EUR/USD outlook turns neutral as ECB signals cautious rate path. US dollar remains under pressure as trade tariffs continue to worry. The pair recovered but technical resistance at 1.1340 keeps mild selling pressure. The EUR/USD outlook remains neutral as the price is caught between ECB’s dovish signals and growing volatility in the US economic
Market sentiment took another bearish turn today following renewed rhetoric from US President Donald Trump, who accused China of having “totally violated” its preliminary trade agreement with the U.S. The comments, delivered via social media, were echoed by Trade Representative Jamieson Greer in a CNBC interview, where he expressed concern over China’s delayed compliance. Greer
What began as early trade optimism yesterday – triggered by the US Court of International Trade deeming Trump’s tariffs illegal – turned out to be too good to be true. Things quickly got messy when Trump appealed the decision, prompting the US Court of Appeals to pause the ruling in order to review arguments from
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Gold price trades below $3,300 amid modest US dollar strength caution ahead of key PCE inflation data. Reinstatement of Trump-era tariffs and ongoing geopolitical tensions support gold’s safe-haven appeal. Technical setup signals potential downside toward $3,245 unless bulls reclaim the $3,325–$3,350 resistance zone. Gold price lost traction on Friday as the dollar recovered, with the
Rep. image | Photo Credit: AFP The rupee strengthened by 19 paise to 85.29 against the US dollar in early trade on Friday (May 30. 2025) on the back of lower crude oil prices and sustained foreign fund inflows. Forex traders said a firm greenback and volatile stock markets capped the rupee’s gain even as
