Monthly Archives: May 2025
The Canadian Dollar has risen slightly against the US Dollar but lags behind G10 currencies
Written on May 14, 2025 at 5:40 pm, by luna
Canadian Dollar edges higher versus USD; markets await data, risk sentiment boosts cryptos, gold consolidates lower.
The PBOC highlighted China and the EU’s discussions on economic challenges and market access optimisation
Written on May 14, 2025 at 5:15 pm, by luna
China and EU discuss market access, sustainable finance, and payment systems amid shared economic challenges and diplomacy.
March’s Canada Building Permits missed forecasts, recording a decline of 4.1% instead of 0.5%
Written on May 14, 2025 at 5:10 pm, by luna
Canada’s building permits fall; gold stabilizes; EUR/USD steady; crypto surges as US-China trade tensions ease.
Mortgage applications rose slightly, driven by purchases, while refinancing decreased amid higher rates
Written on May 14, 2025 at 4:45 pm, by luna
U.S. mortgage applications rose 1.1%, driven by purchase activity despite higher rates and lower refinancing.
A weaker US Dollar allows gold prices to stabilise, easing recent selling pressure on the market
Written on May 14, 2025 at 4:41 pm, by luna
Gold dips to $3,235 amid softer US Dollar, lower inflation, and shifting global economic and geopolitical trends.
Almost all gains from a recent China deal were lost by the dollar in one session
Written on May 14, 2025 at 4:10 pm, by luna
US dollar weakens on soft CPI and trade concerns; market eyes fewer rate cuts amid uncertainty.
Expressing enthusiasm for cryptocurrency, he believes positive remarks could boost Bitcoin’s value
Written on May 14, 2025 at 3:45 pm, by luna
Donald Trump expressed support for cryptocurrency and AI, claiming U.S. leadership over China in digital assets.
The latest report shows a decline in mortgage applications to 1.1%, down from 11%
Written on May 14, 2025 at 3:40 pm, by luna
Mortgage applications fall; Dollar strengthens; gold dips; crypto holds gains amid US-China trade truce optimism.
Goolsbee emphasises the Fed’s cautious approach amid current inflation data and market volatility
Written on May 14, 2025 at 3:15 pm, by luna
The Federal Reserve adopts a cautious stance, awaiting clearer inflation trends before making policy adjustments.
During European trading, the USD/JPY pair fell to around 145.80 due to weak US CPI data
Written on May 14, 2025 at 3:10 pm, by luna
USD/JPY dipped to 145.80 as US CPI softened; Yen strengthened on BoJ rate hike expectations.
