Monthly Archives: May 2025
The USD/JPY pair lingers around resistance, awaiting a decision on its potential breakout in trading
Written on May 10, 2025 at 7:10 am, by melody
USD/JPY stalls near resistance as momentum fades; market indecision persists amid mixed central bank signals.
Upcoming week features vital US economic data, UK GDP, Australian employment figures, and notable speeches
Written on May 10, 2025 at 6:46 am, by melody
Key economic data next week includes UK jobs, US inflation, Australian employment, and US consumer sentiment.
The oil rig count decreased by five to 474, while natural gas rigs remained at 101.
Written on May 10, 2025 at 6:15 am, by melody
U.S. rig count drops by six; oil rigs fall to 474, gas rigs remain steady at 101.
Crude oil futures in the US closed at $61.02, reflecting a rise of 1.85%
Written on May 10, 2025 at 5:45 am, by melody
US crude oil rises 1.85% to $61.02, nearing key retracement level at $61.63 for bullish continuation.
The US Dollar Index declines after reaching a one-month peak, with markets anticipating China trade discussions
Written on May 10, 2025 at 5:40 am, by melody
US Dollar Index dips amid US-UK trade tensions, with focus shifting to upcoming US-China negotiations.
Credit Agricole predicts a bullish USD trend due to fiscal support, inflation, and easing conditions
Written on May 10, 2025 at 5:15 am, by melody
Credit Agricole sees USD strength continuing, backed by fiscal support, persistent inflation, and resilient U.S. growth.
Leavitt clarified that Trump won’t reduce tariffs on China, addressing media interpretations of his tweets
Written on May 10, 2025 at 5:10 am, by melody
Trump upholds 10% baseline tariff on China, seeks concessions; no plans for major tariff reductions.
As investors prepare for a challenging weekend, the DJIA drops to 41,150 amidst trade discussions
Written on May 10, 2025 at 4:40 am, by melody
Dow falls below 41,250 as US-China trade talks begin; markets weigh tariffs, Fed policy, and trends.
Trump has no plans to independently reduce tariffs on China, maintaining a 10% baseline for the UK
Written on May 10, 2025 at 4:15 am, by melody
Trump won’t unilaterally reduce China tariffs; trade talks with China ongoing, no immediate decisions expected.
The count of oil rigs in the United States decreased from 479 to 474
Written on May 10, 2025 at 4:10 am, by melody
Oil rig count drops; cautious trading supports USD pairs; gold gains on tensions; trade talks watched.
