Monthly Archives: May 2025
Rabobank’s Jane Foley suggests that the weakening US outlook could lead EUR/USD to 1.15
Written on May 17, 2025 at 5:10 am, by anakin
Forecasts suggest EUR/USD may reach 1.15, reflecting weaker U.S. outlook despite dollar dominance.
The US oil rig count fell for the third week, totalling 576 rigs, while natural gas improves
Written on May 17, 2025 at 4:45 am, by anakin
US land oil rigs drop to 576 amid OPEC output hike, while natural gas supply tightens.
The precious metal Gold has fallen below $3,200, losing over $300 from its peak
Written on May 17, 2025 at 4:40 am, by anakin
Gold drops below $3,200 as safe-haven demand fades; technical pressure and easing risks weigh on prices.
The Federal Reserve intends to reduce its workforce by 10% over the coming years
Written on May 17, 2025 at 4:15 am, by anakin
The Federal Reserve will gradually cut 2,600 jobs to streamline operations while maintaining essential financial functions.
In April, Russia’s monthly Consumer Price Index decreased from 0.65% to 0.4%
Written on May 17, 2025 at 4:10 am, by anakin
CPI drops, Euro and Pound weaken, Gold slides, Ethereum holds gains, Trump’s trip boosts US trade.
The Budget Committee voted against Trump’s tax proposal, increasing concerns over the US deficit’s rise
Written on May 17, 2025 at 3:45 am, by anakin
Budget proposal fails in committee vote, raising deficit concerns; future efforts expected amid Medicaid spending debate.
The EUR/CHF pair displays a cautious attitude, fluctuating near the 0.94 level with slight increases
Written on May 17, 2025 at 3:40 am, by anakin
EUR/CHF holds near 0.94; bearish trend persists despite slight buying momentum and mixed technical indicators.
European equities achieved gains, with Italy, Spain, and Germany reaching record closing highs amidst trade tensions
Written on May 17, 2025 at 3:15 am, by anakin
European markets rise for fifth week; major indexes hit highs amid looming EU-US trade uncertainties.
The Swiss Franc faces potential declines as the US Dollar gains amidst evolving market conditions
Written on May 17, 2025 at 3:11 am, by anakin
USD/CHF tests critical resistance at 0.8540; failure could extend downtrend toward 0.7770 or lower.
BofA advises remaining pessimistic about the USD due to ongoing uncertainties and economic challenges ahead
Written on May 17, 2025 at 2:45 am, by anakin
Bank of America sees structural weaknesses and policy uncertainty driving continued dollar depreciation despite temporary improvements.