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Monthly Archives: May 2025

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

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

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

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

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

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

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

Oil rig count drops; cautious trading supports USD pairs; gold gains on tensions; trade talks watched.

The AUDUSD pair shows support but encounters resistance at various moving averages, hindering upward momentum

Written on May 10, 2025 at 3:45 am, by

AUDUSD tests key resistance levels; buyers must reclaim 200-day moving average to sustain bullish momentum.

Trading around 0.8500, Euro faced persistent selling pressure, indicating a cautious sentiment in EUR/GBP

Written on May 10, 2025 at 3:40 am, by

EUR/GBP faces downward pressure near 0.8500; mixed indicators suggest limited bearish strength with longer-term support.

Sellers struggled to maintain control after briefly breaking support, as buyers pushed prices higher

Written on May 10, 2025 at 3:15 am, by

NZDUSD remains range-bound, with key resistance near 0.6018 and support at 0.5886 constraining price action.

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