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Monthly Archives: May 2025

The US oil rig count decreased from 474 to 473, according to Baker Hughes

Written on May 17, 2025 at 6:10 am, by

Oil rig count dips, euro and pound weaken, gold declines, Ethereum rises, Trump secures Middle East deals.

Despite recent gains, EUR/USD is vulnerable due to economic, geopolitical, and valuation concerns

Written on May 17, 2025 at 5:45 am, by

EUR/USD may face downside risks amid overvaluation, weak inflows, geopolitical tensions, and Eurozone economic challenges.

Selling pressure causes the EUR/USD pair to drift towards the lower 1.1100 range

Written on May 17, 2025 at 5:40 am, by

EUR/USD trades near 1.1100 with bearish pressure; momentum indicators suggest continued downside amid weak recovery.

Bonds’ dip buying appears exhausted; yields fluctuated, influenced by inflation concerns and fiscal discussions

Written on May 17, 2025 at 5:15 am, by

US 30-year bond yields rebound amid inflation concerns, nearing second-highest weekly close since 2023.

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

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

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

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

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

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

Budget proposal fails in committee vote, raising deficit concerns; future efforts expected amid Medicaid spending debate.

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