Monthly Archives: August 2025
Huw Pill from the BoE remarked on the sustainability of recent rate cuts amidst changing economic behaviours
Written on August 8, 2025 at 6:51 pm, by
BoE’s Huw Pill urges caution on rate cuts amid persistent inflation risks and changing wage dynamics.
The Trump administration plans to clarify gold bar import duties, impacting Comex gold prices significantly
Written on August 8, 2025 at 6:29 pm, by
Trump administration exempts gold bar imports from tariffs; prices rebound after testing 100-hour moving average.
Amidst currency fluctuations, the CAD shows resilience against the USD prior to employment figures
Written on August 8, 2025 at 6:22 pm, by
Canadian Dollar holds steady versus USD, with employment data and market sentiment likely to influence direction.
Analysts from UOB Group believe GBP may struggle to reach 1.3515 despite strong momentum
Written on August 8, 2025 at 6:21 pm, by
GBP shows strong momentum but faces resistance at 1.3515; outlook neutral within current trading range.
The oil rig count increased to 411, while gasoline rigs decreased, keeping oil prices under pressure
Written on August 8, 2025 at 6:00 pm, by
Oil rigs increased slightly to 411; total rig count fell by one. Oil prices remain below averages.
This week, USDJPY fluctuated between key moving averages, with future breaks potentially affecting direction.
Written on August 8, 2025 at 6:00 pm, by
USDJPY trades within key moving averages; a breakout could signal direction amid diverging central bank policies.
According to Scotiabank analysts, the USD is stable amid a bearish market sentiment and mixed data
Written on August 8, 2025 at 5:52 pm, by
USD ends week mixed; market eyes inflation data, Fed nominations, and potential rate impacts on dollar.
Testing support at $3,380, gold retreats from two-week highs of $3,400 due to strong US Dollar
Written on August 8, 2025 at 5:51 pm, by
Gold dips below $3,400 as US Dollar strengthens; possible further decline to $3,350 amid rate speculation.
UOB Group analysts suggest the Euro may test 1.1700 but lacks momentum for 1.1720
Written on August 8, 2025 at 5:22 pm, by
EUR may retest 1.1700 soon, but lacks strength to break 1.1720; support lies near 1.1650.
A recent 25bp rate cut by the Bank of England showed evident hawkish tendencies, according to Pesole
Written on August 8, 2025 at 5:21 pm, by
BoE cuts rates with hawkish tone; inflation data and fiscal challenges shape sterling’s outlook and future policy.
