MarkSteve_7

MarkSteve_7

EUR/USD is extending the rebound above 1.0900 in the early European morning on Thursday. The pair benefits from US President Trump's tariffs-led broad US Dollar weakness. However, further upside appears capped due to escalating trade war fears, with looming EU retaliatory tariffs.

MarkSteve_7

On Wednesday, the EUR/USD pair saw a bullish surge after the Trump administration announced tariffs that turned out to be less severe than many investors had anticipated, given President Donald Trump’s barrage of tariff threats over the last 72 days.

MarkSteve_7 Updated 

Gold is easing from its fresh record high near $3,150 but remains well supported above the $3,100 mark. A generalised pullback in US yields is underpinning the yellow metal, as traders stay on the sidelines awaiting clarity on upcoming US tariff announcements.

MarkSteve_7

Gold clings to daily gains and trades near the record-high it set above $3,080 earlier in the day. Although the data from the US showed that core PCE inflation rose at a stronger pace than expected in February, it failed to boost the USD.

MarkSteve_7

The gold price is trading on the back foot early Monday, looking to continue Friday’s correction from its all-time high of $3,058. Gold price bears the brunt of a risk-on market profile, diminishing its safe-haven appeal.

MarkSteve_7

Gold prices increase despite a slight rise in the US Dollar following mixed PMI data. Investors await the Fed’s interest rate decision and economic projections, expecting a 25 bps cut on Monday. The market speculates on the Fed's future monetary policy amid potential inflationary pressure from Trump policies.

MarkSteve_7

Gold’s price is dipping lower and sees its second day of profit-taking while the weekly performance is still positive. The precious metal trades around $3,030 at the time of writing on Friday after reaching a fresh all-time high at $3,057 the previous day. This downside move should not come as a surprise with Quadruple Witching taking place.

MarkSteve_7

Gold price struggles below record highs of $3,058 in Friday's Asian trading. Bulls seem reluctant to place fresh bets after the recent upsurge and a modest US Dollar uptick. However, persistent economic uncertainties amid Trump's tariffs and Fed rate cut bets should continue to support the non-yielding bullion.

MarkSteve_7

EUR/USD remains under pressure below 1.0900 in European trading on Thursday. The pair is dragged down by a decent US Dollar rebound as the market mood remains cautious ahead of the mid-tier US data releases. ECB President Lagarde's comments failed to lift the Euro.

MarkSteve_7

Gold price scales higher for the fourth straight day and touches a fresh all-time peak in the Asian session on Thursday. Worries over Trump's aggressive trade policies and their impact on the global economy, along with rising geopolitical tensions and dovish Fed outlook continue to fuel the safe-haven bullion's historic rally.

MarkSteve_7

Gold stays in a consolidation phase after having set a new record-high above $3,040 earlier in the day. Investors refrain from taking large positions before the Federal Reserve announces monetary policy decisions and releases the revised Summary of Economic Projections.

MarkSteve_7

decision GBP/USD pulls away from the multi-month high it touched above 1.3000 and edges lower toward 1.2950 on Wednesday. The pair struggles with the US Dollar gathering strength amid a broad risk-aversion, as all eyes turn to the Federal Reserve’s interest rate decision for fresh

MarkSteve_7

GBP/USD pulls away from the multi-month high it touched above 1.3000 and edges lower toward 1.2950 on Wednesday. The pair struggles with the US Dollar gathering strength amid a broad risk-aversion, as all eyes turn to the Federal Reserve’s interest rate decision for fresh

MarkSteve_7

EUR/USD stays under bearish pressure and trades near 1.0900 on Wednesday. The cautious market mood ahead of the Federal Reserve's monetary policy announcements support the US Dollar and makes it difficult for the pair to hold its ground.

MarkSteve_7

Gold price is reneweing record highs beyond $3,000 early Tuesday on intensifying geopolitical Middle East tensions. Israel resumes military operations against Hamas in Gaza after the group rejected US proposals for extending ceasefire. Further US-Iran tensions add to the latest leg up in the safe-haven Gold.

MarkSteve_7

Gold price regains the $3,000 mark early Tuesday, refreshing record highs on intensifying geopolitical Middle East tensions. Israel resumes military operations against Hamas in Gaza after the group rejected US proposals for extending ceasefire. Further US-Iran tensions also add to the latest leg up in the safe-haven Gold.

MarkSteve_7

Gold prices has started the week on a positive tone and maintains their trade around the key $3,000 mark per troy ounce on the back of the modest pullback in the Greenback and mixed US yields across the curve,

MarkSteve_7

Gold price holds gains below $3,000 in the European session on Monday, staying close to all-time peak as rising trade tensions underpin safe-haven demand. Bets that the Fed will cut rates several times in 2025 lend additional support to the XAU/USD.