Monthly Archives: May 2025
Strengthening Retail Sales data and USD weakness have propelled the NZD/USD closer to 0.6000
Written on May 24, 2025 at 5:44 am, by davin
NZD strengthens on upbeat retail sales, weaker USD, and revised deficit outlook; approaches 0.6000 level.
After Trump’s tariff threats, EUR/USD rose past 1.1300 to approximately 1.1350 during trading
Written on May 24, 2025 at 5:15 am, by davin
EUR/USD rebounds amid US fiscal concerns; Euro strengthens on Germany GDP and trade-driven Dollar weakness.
The US Dollar Index falls over 1.8%, hitting a two-week low amid tariff concerns and fiscal anxieties
Written on May 24, 2025 at 4:45 am, by davin
US Dollar Index falls 1.8% amid tariff threats from Trump, sparking global market and trade concerns.
Crude oil has recovered, trading over $61.00 while prices stabilise within a narrow band
Written on May 24, 2025 at 4:14 am, by davin
WTI crude rebounds above $61.00, supported by technical levels; further gains hinge on breaking $62.00 resistance.
During the market session, the Dow Jones Industrial Average fell 780 points, struggling to recover
Written on May 24, 2025 at 3:44 am, by davin
Dow drops 780 points amid Trump’s tariff threats on Apple and Europe, stirring further market uncertainty.
The British Pound rises strongly against the US Dollar, reaching a three-year peak due to retail sales
Written on May 24, 2025 at 3:14 am, by davin
British Pound surges to three-year high on strong UK Retail Sales and weak US Dollar performance.
The US Oil Rig Count stood at 465, disappointing compared to the anticipated 473
Written on May 24, 2025 at 2:44 am, by davin
Oil rig count dips, EUR/USD and GBP/USD rebound, gold holds firm, Apple drops, XRP shows strength.
Dr Cook observed April’s bond markets as calm, yet noted increasing household stress levels
Written on May 24, 2025 at 2:14 am, by davin
Dr. Lisa Cook highlights real estate stress, income shocks, and inflation risks amid economic strength and volatility.
After UK Retail Sales improved, the Euro remains stable against the Pound amidst tariff concerns
Written on May 24, 2025 at 1:44 am, by davin
UK retail sales boost Pound; Euro steady amid tariff concerns and improving German GDP; EUR/GBP recovers.
As Trump intensified trade tensions with the EU, gold prices increased by almost 2% today
Written on May 24, 2025 at 1:15 am, by davin
Gold jumps on tariff fears, weak USD; eyes $3,400 as safe-haven demand rises amid global uncertainties.