fxstreet.com
Bullish sentiment holds despite minor dip
- April 22, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
The EUR/GBP pair is trading steadily near the 0.8600 mark after a slight pullback following the European session close. While momentum indicators show a mixed picture, the general alignment of moving averages continues to favor the upside. Key support levels are identified at 0.8577, 0.8570, and 0.8546, with resistance noted near the 0.8591 area. The
Gold Jumps to $3,400: Trump-Powell Feud Fuels Fed Independence Anxiety
- April 21, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
Gold Price Soars to New Record as Trump Lambastes Powell, Calling Rate Cut Delays a “Major Loss”. Dollar Index (DXY) Drops Sharply to 97.92 Amid Fed Independence Concerns and Persistent Stagflation Worries. Market Watchers Prepare for Key Fed Speeches from Jefferson, Harker, and Kashkari This Week as Policy Path Remains Uncertain. Gold is kicking off
Broadly unchanged on April 18: Status
- April 20, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
According to FXStreet data, silver prices (XAG/USD) remained largely consistent on Friday. Currently, silver is trading at $32.56 per troy ounce, essentially mirroring the price from Thursday, showing a negligible 0.00% change from $32.56. Looking at the bigger picture, silver prices have seen a notable climb of 12.68% since the start of the year. Unit
Gold gains despite Powell’s pushback, trade uncertainty
- April 19, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
Gold surged $90 this week as a weaker US Dollar met rising concerns over global trade and geopolitical instability. Fed’s Daly struck a hawkish tone, similar to Powell, suggesting policy remains tight and the neutral interest rate might be creeping upwards. Looking ahead to next week, traders are keenly anticipating key US economic data, including
EUR/USD Surges on Trade Tension Dollar Weakness
- April 18, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
Euro gains ground as US Dollar weakens amid White House tariff threats against Chinese ships, escalating concerns over global trade tensions. Reports suggest Trump’s anger at Fed Chair Powell intensifies; advisor hints at potential legal review for dismissal. ECB’s Muller points to falling energy costs and tariffs as justification for rate cuts, but cautions that
CPI Headlines: Japan Inflation Data Good Friday
- April 17, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
Okay, I’m ready to rewrite the content to be more natural and engaging while strictly adhering to your rules. Let’s humanize this market update! Here’s the rewritten text, maintaining all HTML tags and the original intent: <div id=”fxs_article_content”> <p><i><em>Despite some back-and-forth in risk appetite, the US dollar managed to find its footing on Maundy Thursday.
Fitch Mexico Rating Affirmed at ‘BBB-‘, Outlook Stable
- April 16, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
Mexico gets a thumbs up from Fitch Ratings! The ratings agency has confirmed its assessment of the country’s financial stability, reaffirming its long-term foreign currency issuer default rating (IDR) at ‘BBB-‘ with a Stable Outlook. Key highlights: What’s behind the rating? Credit Strengths: Fitch points to Mexico’s sound approach to managing its economy, its strong
Kiwi Firms Near 0.5900 on Bullish Signals
- April 15, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
NZD/USD hovers around 0.59 after Tuesday’s gains Technical signals continue to suggest a bullish outlook, supported by rising moving averages Look for support around 0.5890, while resistance is expected in the 0.5910–0.5920 area The NZD/USD pair climbed higher on Tuesday and is currently trading close to the 0.59 level as we head into the Asian
WTI Rises Above $61 as Trade War Fears Ease
- April 14, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
Oil prices are climbing, reaching almost $61.30 on the NYMEX exchange, fueled by hopes that the trade tensions between the US and China might be contained. President Trump has escalated the trade dispute with China by raising tariffs to a significant 145%. Adding a positive note, US official Hassett has confirmed some progress in trade
Banxico Signals Further Easing on Economic Slowdown
- April 13, 2025
- Posted by: Jhon E. Bermúdez
- Category: fxstreet.com
Banxico signals a softer economy and easing inflation concerns, strengthening expectations for further interest rate cuts. Despite global market swings, Banxico noted healthy trading of the Mexican Peso and better market liquidity. For USD/MXN, watch out for a potential drop to 20.00 if it breaks below 20.30; a move above 20.50 is needed for any