Monthly Archives: May 2025
According to OCBC analysts, the DXY is likely to decline further, currently at 99.59
Written on May 21, 2025 at 5:10 pm, by anakin
USD weakens amid geopolitical tensions and fiscal concerns; RSI signals waning momentum, support holds at 99.10.
During European trading, the USD/CHF pair declines near 0.8240, continuing its losing streak for three days
Written on May 21, 2025 at 4:40 pm, by anakin
USD/CHF declines amid US credit rating downgrade and political uncertainty, with bearish trend potentially continuing.
According to Scotiabank’s Chief FX Strategist, EUR rises 0.5% against USD amid overall dollar weakness
Written on May 21, 2025 at 4:10 pm, by anakin
Euro gains amid weaker USD; ECB stance, economic data, and technical indicators suggest potential for further growth.
UOB Group analysts suggest the US Dollar will fluctuate between 7.1850 and 7.2450 against the Yuan
Written on May 21, 2025 at 3:40 pm, by anakin
US Dollar shows neutral outlook, trading between 7.1850 and 7.2450 Yuan amid decreasing market momentum.
British inflation unexpectedly rose to 3.5%, propelling GBP/USD through critical resistance levels due to increased expenses
Written on May 21, 2025 at 3:10 pm, by anakin
UK inflation rose to 3.5% in April, boosting GBP/USD and complicating Bank of England rate decisions.
During European trading, the AUD/USD approaches 0.6460 as the US Dollar struggles against rivals
Written on May 21, 2025 at 2:40 pm, by anakin
Australian Dollar climbs as US credit rating downgrade and RBA rate cut drive mixed market performance.
In March, South Africa’s retail sales growth dropped to 1.5%, down from 3.9% previously
Written on May 21, 2025 at 2:10 pm, by anakin
South Africa’s retail sales rose 1.5% in March, slowing from February’s 3.9% year-on-year growth.
A decline of 5.1% in US mortgage applications was reported, compared to the prior 1.1% increase
Written on May 21, 2025 at 1:40 pm, by anakin
US bond yields spike after credit downgrade, amid trade tensions and fiscal uncertainty clouding investor confidence.
According to UOB Group’s analysts, the NZD/USD pair is expected to fluctuate within a limited range
Written on May 21, 2025 at 1:10 pm, by anakin
NZD to trade sideways near-term; long-term range may tighten amid cautious outlook and underlying firmness.
According to ING’s analysts, European natural gas prices rose nearly 5% due to Norwegian outages
Written on May 21, 2025 at 12:40 pm, by anakin
European gas prices rose nearly 5% due to Norwegian outages, maintenance, and reduced LNG send-outs.
