Author: FX

Trade war rattles markets! US-China tensions spiked this week as tariffs soared – 125% on US goods entering China, 145% on Chinese imports to the US. The unprecedented tariff levels triggered widespread market uncertainty and net risk aversion behavior once again. Gold was a clear winner, jumping above $3,340, while the dollar fell again. Treasuries yields dropped as bonds recovered, likely signaling their focus on growth fears over inflation. Stocks swung wildly, with tech taking a hit on trade headlines. Central banks are now signaling potential policy shifts as they assess the fallout. Investors are trying to make…

Gold rallies $90 this week as the US Dollar weakens amid rising trade tensions and geopolitical risks.Fed’s Daly says policy is still restrictive; neutral rate may be rising, echoing Powell’s hawkish tone.Traders focus on key US data next week: Flash PMIs, Durable Goods, and final Consumer Sentiment.Gold prices are set to end the week on a positive note, up by over 2.79% as the precious metal enjoyed a $90 US Dollar (USD) rally due to the latter weakness sponsored by uncertainty about global trade. At the time of writing, XAU/USD trades at $3,326.XAU/USD holds at $3,326 after hitting ATH of…

Euro edges higher amid US Dollar pressure after the White House pushes tariffs on Chinese ships, fueling global trade risks.Trump reportedly furious with Fed Chair Powell; adviser says President reviewing legality of dismissal.ECB’s Muller says lower energy prices and tariffs justify rate cut, though warns fragmentation may fuel inflation ahead.The Euro (EUR) advances against the US Dollar (USD) in muted trading as financial markets are closed on Good Friday. At the time of writing, EUR/USD trades at 1.1385, up 0.21%, lacking the strength to break the elusive 1.14 mark.EUR/USD up 0.21% in holiday-thinned trading as markets digest US-China shipping levies…

Bloomberg reports that “the US presented allies with proposals to enable a peace deal between Russia and Ukraine, including an outline of terms to end the fighting and ease sanctions on Russia in the event of a lasting ceasefire”. This follows the comments of US Secretary of State Rubio who said that they either get things done very soon or the US will move on to other matters.US Vice President JD Vance is said to be optimistic on the chances of bringing the war to a close.For the full article click here Later this year, ForexLive.com is evolving into investingLive.com,…

Will step up counter-cyclical adjustment.Will strive to stabilise employment, foreign trade.Will boost consumption, domestic demand.Will encourage companies to actively stabilise employment.Will support foreign companies to reinvest in China.Will continue to stabilise stock market.WIll continue to promote stable and healthy development of property market.Will boost service consumption in elderly care, childbirth, culture and tourism.Will boost enthusiasm of private investment.There’s nothing here that we haven’t already heard. This article was written by Giuseppe Dellamotta at www.forexlive.com. Source link

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

GBP/USD Forecast: Pound Sterling remains on track to post weekly gainsGBP/USD moves sideways in a tight channel above 1.3250 in the European session on Friday after posting small gains on Thursday. The pair remains on track to end the week in positive territory.The US Dollar (USD) Index, which tracks the USD’s performance against a basket of six major currencies, closed marginally higher on Thursday, supported by the upbeat weekly Initial Jobless Claims data. The number of first-time applications for unemployment benefits declined to 215,000 from 224,000 in the previous week. Read more…GBP/USD Forecast: Pound Sterling holds bullish bias ahead of…

The main agenda this time around is to continue reviewing draft private sector promotion law. For some context, the draft was released for public consultations during October last year. And then it was deliberated by the committee in their previous sessions last December and in February this year. This will be the 15th session of the current iteration of the NPC, with the next session set for June. This article was written by Justin Low at www.forexlive.com. Source link

Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data. Silver trades at $32.56 per troy ounce, broadly unchanged 0.00% from the $32.56 it cost on Thursday. Silver prices have increased by 12.68% since the beginning of the year. Unit measure Silver Price Today in USD Troy Ounce 32.56 1 Gram 1.05 The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, stood at 102.20 on Friday, broadly unchanged from 102.20 on Thursday. Silver FAQs Silver is a precious metal highly traded among investors. It has been historically…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…