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