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Monthly Archives: May 2025

The US housing market index of 34 falls short of the 40 forecast, reflecting ongoing weakness

Written on May 15, 2025 at 8:15 pm, by

US homebuilder sentiment drops to lowest since 2022; western region softens amid resilient consumer spending.

Despite the US Dollar’s poor performance, USD/CAD approaches the 1.4000 mark during trading

Written on May 15, 2025 at 8:10 pm, by

USD/CAD edges higher near 1.4000 as weak PPI lowers Fed rate hike expectations; oil pressures CAD.

USDCAD remains above 200-bar MA, with crucial resistance levels ahead and ongoing buyer-seller conflict

Written on May 15, 2025 at 7:46 pm, by

USDCAD holds above 200-bar MA at 1.3957; eyes resistance near 1.40126 and 1.40525.

In March, actual United States business inventories fell short of predictions, recorded at 0.1%

Written on May 15, 2025 at 7:40 pm, by

U.S. inventories rise modestly; gold climbs, Bitcoin slips, while dollar strength influences major currency pairs.

The US consumer’s strength remains evident, despite slight dips in grocery spending and international markets

Written on May 15, 2025 at 7:15 pm, by

Retail sales showed stability with strong April gains, yet largest retailer’s shares fell 2.3% pre-market.

The NAHB Housing Market Index in the US fell short of predictions, recording 34 instead of 40

Written on May 15, 2025 at 7:10 pm, by

US housing index drops, major currencies fluctuate, gold steady, Bitcoin falls, UK reports faster growth.

The USDCHF remains between crucial support and resistance levels, impacting buyers and sellers’ positions

Written on May 15, 2025 at 6:45 pm, by

USDCHF faces resistance at 0.8482; support at 0.8318–0.8333 critical for short-term bullish momentum.

After reaching above 1.3350, GBP/USD fell but stabilised just under 1.3300 in Europe

Written on May 15, 2025 at 6:40 pm, by

GBP/USD holds steady below 1.3300 despite mixed UK data; bullish signs emerge after earlier rally.

A senior Iranian official reports no new US proposal received, affecting oil prices amid negotiations

Written on May 15, 2025 at 6:16 pm, by

Oil prices fluctuate amid uncertainty over potential Iran nuclear deal and its impact on global oil markets.

The government’s trade deficit for India reached $26.42 billion in April, compared to $21.54 billion

Written on May 15, 2025 at 6:10 pm, by

India’s trade deficit widens; US dollar strengthens; gold rises; Bitcoin drops amid geopolitical uncertainties and data concerns.

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