Monthly Archives: May 2025
High demand for gold as a safe haven attracts attention from the ECB and Commerzbank

Written on May 27, 2025 at 5:14 pm, by anakin
Gold demand rises amid uncertainty, with futures and derivatives surging as investors seek safe-haven assets.
Despite engagement from the Ministry of Finance and a hawkish Bank of Japan, JPY is weakening

Written on May 27, 2025 at 4:44 pm, by anakin
The Japanese Yen weakens 0.8% versus USD amid speculation on debt issuance and bond market focus.
Despite a decline against the US Dollar, the Pound Sterling excels among G10 currencies, observes Osborne

Written on May 27, 2025 at 4:14 pm, by anakin
GBP softens 0.15% vs USD but outperforms G10; bullish trend persists amid cautious economic outlook.
The US Dollar rebounded from three-week lows, breaking trendline resistance towards the 0.8300 region

Written on May 27, 2025 at 3:45 pm, by anakin
US Dollar strengthens as Swiss Franc weakens; focus shifts to economic data and bullish USD/CHF momentum.
Barbara Lambrecht from Commerzbank observed a substantial increase in China’s gold imports from Hong Kong.

Written on May 27, 2025 at 3:14 pm, by anakin
China’s April gold imports from Hong Kong surged to 59 tons, showing strong demand despite high prices.
Amidst a USD recovery, renewed selling pressure on CAD is anticipated, according to Scotiabank’s strategist

Written on May 27, 2025 at 2:44 pm, by anakin
CAD weakens as USD rebounds; market eyes BoC policy amid inflation, tariffs, and technical resistance.
Despite the USD’s steadiness, a wider downtrend continues as markets prepare for potential gains

Written on May 27, 2025 at 2:14 pm, by anakin
USD rebounds modestly as global bonds recover; JPY lags, while MXN and CAD show greater resilience.
UOB Group suggests USD/CNH will likely fluctuate within 7.1640 to 7.1840, with bearish tendencies

Written on May 27, 2025 at 1:44 pm, by anakin
USD expected to trade sideways near 7.1500; downward bias remains unless resistance at 7.2070 is broken.
Fresh lows below 0.8380 for EUR/GBP are observed due to disappointing Eurozone data and ECB comments

Written on May 27, 2025 at 1:14 pm, by anakin
Euro weakens against Pound amid soft Eurozone data, ECB comments; bearish trend persists below 0.8400 level.
Oil prices rise, facing resistance at $62.00 due to improved market sentiment following tariff delays

Written on May 27, 2025 at 12:45 pm, by anakin
WTI Oil hovers below $62 amid supply concerns, with technicals uncertain and mild intraday bullish signals.