Monthly Archives: April 2025
Trading around 1.3802, USD/CAD drops as weaker oil prices limit further declines amid economic concerns
Written on April 21, 2025 at 5:43 am, by davin
USD/CAD nears six-month low as weaker US Dollar and falling Treasury yields pressure the currency pair.
Crude oil prices for WTI fell below $63.00, reversing a two-day winning streak recently
Written on April 21, 2025 at 5:13 am, by davin
WTI crude slips below $63 as US-Iran nuclear talks progress; weaker dollar limits further price decline.
In Asian trading, a strong EUR/USD movement surpasses 1.1500 for the first occasion since November 2021
Written on April 21, 2025 at 4:43 am, by davin
EUR/USD surpasses 1.1500 amid US recession fears, trade tensions, and cautious buying before Eurozone data.
The GBP/USD pair rises towards 1.3350, propelled by a weaker US Dollar during Asian trading
Written on April 21, 2025 at 4:13 am, by davin
GBP/USD climbs amid US Dollar weakness, trade optimism, and potential UK-US deal talks boosting Pound strength.
Gold prices rise to a new peak near $3,375 driven by renewed safe-haven interest
Written on April 21, 2025 at 3:43 am, by davin
Gold prices rose amid US tariff uncertainty, geopolitical tensions, and central bank buying, especially from China.
Today, minimal expiries suggest thin liquidity, with dollar selling and rising gold prices continuing.
Written on April 21, 2025 at 3:43 am, by davin
Dollar selling continues; gold hits record high, Treasuries decline amid sparse liquidity and closed European markets.
The central rate for USD/CNY was established by PBOC at 7.2055, down from 7.2069
Written on April 21, 2025 at 3:13 am, by davin
PBoC adjusts USD/CNY rate, maintains economic stability, employs monetary tools, and regulates China’s evolving banking sector.
The euro rises above 1.15, while the US dollar declines across all currency pairs
Written on April 21, 2025 at 3:13 am, by davin
The euro surpasses 1.15 for first time since 2021 amid broad US dollar weakness and volatility.
Trump’s comments on non-tariff barriers could hinder trade negotiations and impact the US dollar negatively
Written on April 21, 2025 at 2:43 am, by davin
Trump criticizes non-tariff barriers, citing VATs and currency manipulation, raising market concerns amid unclear policies.
The New Zealand Dollar remains strong above 0.5950, supported by a declining US Dollar.
Written on April 21, 2025 at 2:43 am, by davin
NZD/USD rises as US Dollar weakens; China holds rates, improving New Zealand trade sentiment and stability.
