Month: May 2025

Gold gains 27% year-to-date due to safe-haven flows. ·Uncertainty about Trump’s tariff strategy has offered support. Central banks continue their gold-buying spree. Trump’s fiscal plans are also a reason for seeking shelter. Is Gold the Read more…

AUD/USD declined below the 0.6500 and 0.6460 support levels. NZD/USD is also moving lower and might extend losses below 0.5935. Important Takeaways for AUD/USD and NZD/USD Analysis Today The Aussie Dollar started a fresh decline Read more…

Markets US investors were in a good mood as they returned from the long Memorial Day weekend. US Treasury Secretary Bessent floated the prospect of some big (Asian) trade deals in coming weeks, while the Read more…

Market mood is astonishingly great this week on the back of a global decline in yields, triggered by the Japanese government’s will to adjust the size of its bond issuance amid a selloff in long-maturity Read more…

In focus today The minutes from the FOMC’s May meeting are due for release this evening. As the meeting was held before the US-China trade deal, the minutes are likely already somewhat outdated. Since the Read more…

As widely expected and priced, today the RBNZ reduced the OCR by a further 25bps to 3.25%. The decision was reached following a 5 – 1 vote, with one MPC member voting for no change Read more…

Daily Pivots: (S1) 193.48; (P) 194.56; (R1) 196.05; More… Intraday bias in GBP/JPY remains on the upside for 196.38 resistance. Firm break there will resume whole rally from 184.35 and target 61.8% projection of 184.35 Read more…

Daily Pivots: (S1) 162.42; (P) 163.19; (R1) 164.28; More… EUR/JPY’s break of 163.35 resistance suggests that fall from 165.19 has completed as a correction. Intraday bias is back on the upside for 165.19 first. Firm Read more…

Daily Pivots: (S1) 0.8373; (P) 0.8386; (R1) 0.8399; More… Intraday bias in EUR/GBP stays on the downside for the moment. Decline from 0.8737 is in progress and should should target 0.8314 support first, and then Read more…