Monthly Archives: May 2025

Amid reduced trading volumes, USD/CAD remains stable above 1.3700 as trade tensions alleviate

Written on May 26, 2025 at 10:44 pm, by

Canadian Dollar retreats after gains; markets eye BoC rate decision, US Fed minutes, and GDP data.

As US markets remain closed for a public holiday, gold prices decline towards $3,333

Written on May 26, 2025 at 10:15 pm, by

Gold prices dipped amid tariff delays and dollar weakness, with support seen at $3,307 and $3,258.

GBP/USD began strong, peaking close to 1.3600, but may face a downward correction soon

Written on May 26, 2025 at 9:44 pm, by

GBP/USD surged past 1.3500 amid USD weakness and bullish signals, driven by Trump’s EU tariff threats.

As trade tensions between the EU and US ease, EUR/JPY rises to around 163.00

Written on May 26, 2025 at 9:14 pm, by

EUR/JPY rises to 162.60 amid eased US-EU trade tensions and strong German GDP revision.

According to Scotiabank’s Chief FX Strategist, GBP approaches 1.36, marking its highest level since early 2022

Written on May 26, 2025 at 8:44 pm, by

Pound Sterling edges higher amid quiet trading; resistance near 1.3595 with strong support on minor dips.

Following a pleasant conversation with von der Leyen, the EU has eased tariffs, influencing the EUR

Written on May 26, 2025 at 8:14 pm, by

EU tariff reprieve boosts European stocks, strengthens EUR/USD; Bitcoin surges, gold capped despite prior gains.

The Canadian Dollar remained stable in the low 1.37 range, outperforming several major currencies

Written on May 26, 2025 at 7:44 pm, by

Canadian Dollar strengthens as US Dollar weakens; rare CAD-equity correlation and inflation concerns influence outlook.

Amid a tariff delay, the USD weakens as Trump’s 50% EU tariffs are postponed to July 9

Written on May 26, 2025 at 7:15 pm, by

Trump’s EU tariff delay lifts market sentiment; USD softens, Euro consolidates, Bitcoin rebounds, gold holds steady.

Royal Bank could continue its earnings-beat trend in the forthcoming report, warranting attention from investors

Written on May 26, 2025 at 6:14 pm, by

Royal Bank’s rising estimates and strong earnings surprises suggest bullish sentiment ahead of its 2025 report.

UOB Group mentioned the US Dollar might test 7.1650 against the Chinese Yuan, avoiding 7.1500

Written on May 26, 2025 at 5:44 pm, by

US Dollar trends lower against Yuan, facing resistance near 7.1980 with downside risk toward 7.1500 support.

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