Monthly Archives: May 2025
The US-China trade resolution increased the USD, causing the Mexican Peso to weaken against it
Written on May 13, 2025 at 3:40 am, by melody
Mexican Peso weakens as US Dollar strengthens amid trade de-escalation and anticipated Banxico interest rate cuts.
Today, the EURUSD declined significantly after dropping below a crucial support level on the chart
Written on May 13, 2025 at 3:15 am, by melody
EURUSD declines below key support, signaling bearish momentum; sellers eye 1.10395 as next target level.
Due to changing global trade dynamics, the Australian Dollar experiences downward pressure linked to US-China discussions
Written on May 13, 2025 at 3:10 am, by melody
AUD weakens amid strong US Dollar, trade tensions, and bearish technicals; China boosts copper output significantly.
A tax bill proposed by US House Republicans includes various exemptions and increased SALT deduction limits
Written on May 13, 2025 at 2:45 am, by melody
House Republicans propose tax breaks on tips, overtime, senior deductions, SALT cap hike, and debt limit raise.
Optimism from weekend US-China trade discussions propelled the Greenback higher at the trading week’s start
Written on May 13, 2025 at 2:40 am, by melody
Dollar strengthens as US-China trade optimism boosts DXY; gold declines, major currencies and oil react.
Goolbee warns that tariffs on China could slow growth and raise prices, causing economic discomfort
Written on May 13, 2025 at 2:16 am, by melody
Higher tariffs on China risk slower growth, rising prices, and uncertainty influencing business and Federal Reserve decisions.
As the US Dollar strengthened, the Canadian Dollar declined for the fourth consecutive session
Written on May 13, 2025 at 2:10 am, by melody
Canadian Dollar weakens as US reduces China tariffs; volatility expected amid upcoming key US economic data.
Crude oil futures rose to $61.95, marking the third daily increase and 11.48% since May
Written on May 13, 2025 at 1:45 am, by melody
Crude oil futures rise for third day, reaching $61.95 amid positive momentum within key chart range.
Following US-China talks, gold fell more than 3%, reaching $3,225 after hitting $3,326
Written on May 13, 2025 at 1:40 am, by melody
Gold drops over 3% as US-China tariff deal boosts risk appetite; Dollar and yields rise.
The Fed’s survey revealed tightened lending standards and weakened demand across various loan categories
Written on May 13, 2025 at 1:16 am, by melody
Federal Reserve survey shows tighter lending standards and declining demand across business, real estate, and consumer loans.