June 5, 2025
Safe-haven gold rises on weak data, simmering uncertainty
Gold rose 1%, supported by a softer dollar and weak U.S. data, as investors grappled with mounting economic and political uncertainty. The U.S. dollar index fell 0.5%, making gold cheaper for buyers holding other currencies. The Gold-Dollar pair gained 0.4% in the last session. The ROC’s is giving a negative signal.Support: 3307.9 | Resistance: 3430.2
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June 5, 2025
Dollar falls; Trump calls for rate cut
The dollar fell across the board after weaker-than-expected U.S. private payrolls numbers highlighted continued easing in the labor market and data showed the U.S. services sector contracted. Trump reiterated his calls for Federal Reserve Chair Jerome Powell to lower interest rates following the data.
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June 5, 2025
S&P 500 ends with small gains; trade choppy on weak economic data
The benchmark S&P 500 stock index ended modestly higher, supported by technology shares, but some early gains evaporated as weak data revealed the economic toll taken by President Donald Trump’s erratic trade policies.
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June 4, 2025
Wall Street stocks close higher amid tariff talks, economic data
U.S. stocks advanced and the dollar rebounded as investors weighed progress in ongoing U.S. tariff talks and lowered economic expectations ahead of Friday’s crucial U.S. employment report. All three major U.S. stock indexes ended the session with gains.
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June 4, 2025
Oil climbs on geopolitical tensions
Oil prices climbed to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran looked set to keep sanctions on both OPEC+ members Russia and Iran in place for longer. The Oil-Dollar pair gained 0.5% in the last session. The MACD is giving a positive signal.Support: 60.599 | Resistance: […]
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June 4, 2025
Gold falls from near four-week peak on firm dollar
Gold fell nearly 1% after hitting a near four-week high, pressured by a firmer dollar as investors grew cautious ahead of a potential call between U.S. President Donald Trump and Chinese leader Xi Jinping. The Gold-Dollar pair dropped 0.9% in the last session after rising as much as 1.0% during the session. The MACD is […]
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