June 13, 2025
The dollar’s crown is slipping, and fast
The dollar has sunk to its lowest in three years as rapidly changing U.S. trade policy unsettles markets and expectations build for Federal Reserve rate cuts, fuelling outflows from the world’s biggest economy.
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June 13, 2025
Gold rises on geopolitical risks, rate-cut bets
Gold prices scaled a one-week peak, steered by simmering Middle East tensions and cooler U.S. economic data that fuelled fresh bets on Federal Reserve rate cuts. U.S. gold futures settled 1.8% higher . The Gold-Dollar pair gained 1.0% in the last session after a 1.1% intra-session dip. The CCI indicates an overbought market.Support: 3345.6 | […]
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June 13, 2025
Trump says he won’t fire Fed’s Powell but ‘may have to force something’ on rates
U.S. President Donald Trump said he would not fire Federal Reserve Chair Jerome Powell, adding that he “may have to force something” as part of his ongoing push for the central bank to lower rates.
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June 12, 2025
Sterling near highs, gilt yields rise
Britain’s borrowing costs rose and sterling stayed close to recent three-year peaks against the dollar, as a multi-year spending review underlined fiscal challenges even as pressure mounts to boost the economy. The Pound got a slight bump of 0.2% against the Dollar in the last session. The Stochastic-RSI is giving a negative signal.Support: 1.3379 | […]
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June 12, 2025
Bitcoin near all-time high
Bitcoin is closing in on a new high, buoyed by renewed optimism that the United States and China have reached a final agreement on their long-awaited trade deal. The world’s largest trading economies have nearly completed their trade agreement, according to a post by US President Donald Trump. The Bitcoin-Dollar pair plummeted 1.2% in the […]
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June 11, 2025
Gold prices edge down as traders monitor US-China talks
Gold prices edged lower as traders closely monitored U.S.-China talks, the outcome of which could simmer down trade tensions and boost the global economy, lessening demand for safe-haven assets, while a rising U.S. dollar added pressure. The Gold-Dollar price remained largely unchanged in the last session. The Stochastic-RSI indicates an overbought market.Support: 3256 | Resistance: […]
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