Monthly Archives: May 2025
Mortgage applications rose slightly, driven by purchases, while refinancing decreased amid higher rates
Written on May 14, 2025 at 4:45 pm, by anakin
U.S. mortgage applications rose 1.1%, driven by purchase activity despite higher rates and lower refinancing.
A weaker US Dollar allows gold prices to stabilise, easing recent selling pressure on the market
Written on May 14, 2025 at 4:41 pm, by anakin
Gold dips to $3,235 amid softer US Dollar, lower inflation, and shifting global economic and geopolitical trends.
Almost all gains from a recent China deal were lost by the dollar in one session
Written on May 14, 2025 at 4:10 pm, by anakin
US dollar weakens on soft CPI and trade concerns; market eyes fewer rate cuts amid uncertainty.
Expressing enthusiasm for cryptocurrency, he believes positive remarks could boost Bitcoin’s value
Written on May 14, 2025 at 3:45 pm, by anakin
Donald Trump expressed support for cryptocurrency and AI, claiming U.S. leadership over China in digital assets.
The latest report shows a decline in mortgage applications to 1.1%, down from 11%
Written on May 14, 2025 at 3:40 pm, by anakin
Mortgage applications fall; Dollar strengthens; gold dips; crypto holds gains amid US-China trade truce optimism.
Goolsbee emphasises the Fed’s cautious approach amid current inflation data and market volatility
Written on May 14, 2025 at 3:15 pm, by anakin
The Federal Reserve adopts a cautious stance, awaiting clearer inflation trends before making policy adjustments.
During European trading, the USD/JPY pair fell to around 145.80 due to weak US CPI data
Written on May 14, 2025 at 3:10 pm, by anakin
USD/JPY dipped to 145.80 as US CPI softened; Yen strengthened on BoJ rate hike expectations.
China’s April M2 money supply rose 8.0%, while new loans decreased significantly compared to expectations
Written on May 14, 2025 at 2:45 pm, by anakin
China’s M2 money supply rose 8.0% in April; new yuan loans declined sharply from March levels.
ING’s analysts highlight that AUD/USD benefits greatly from reduced US-China trade tensions
Written on May 14, 2025 at 2:40 pm, by anakin
Eased US-China tensions support AUD/USD; rate cuts likely, but expectations for four cuts may overreach.
Amid dollar weakness, EURUSD nears key resistance, prompting potential opportunities for buyers and sellers
Written on May 14, 2025 at 2:16 pm, by anakin
EURUSD tests key resistance as USD weakens; traders eye Waller’s remarks and potential yield-driven moves.