Gold Price Forecast: Rebounds but Bearish Retracement May Resume Below $2,894 – FX Empire
Bounce to test pre-support as a resistor Following last week's new record high of $2,956, gold fell below the previous week's weekly low, causing an upward trend line and a breakdown of 20-day MA. Then last Friday we saw support at a pullback low of $2,833. The next rally was a three-day advance to Wednesday's […]
Dow rebounds from massive drop after US delays Mexico tariffs
The shares were rebounded on Monday after rushing out at the start of the transaction following the decision of President Trump, following President Trump's decision to impose new tariffs in major US trading partners, including China, Canada and Mexico. The average of Dowjones has dropped by 560 pointsRecovered to close 122 points (0.3 %) on […]
Manufacturing Rebounds as Optimism Soars on Trump Administration Policies
The US economy started in 2025 in hope, as the manufacturing business returned to growth for the first time in six months, the new strength of the industrial sector, and the service sector continued to expand. The latest S & P Global Flash US Manufacturing PMI rose to 50.1 in January, slightly exceeding the expansion […]
USD/JPY rebounds to near 156.50 as BoJ refrains from committing specific rate hike path – FXStreet
USD/JPY recovers to nearly 156.50 because Japanese yen performs major friends. BOJ has refrained from providing a specific policy emphasis path. President Trump has pushed back the fear of imposing tariffs on China. USD/JPY raises the interest rate of the Bank of Japan (BOJ) and rises to nearly 156.60 in the North American session on […]
Australian Dollar rebounds from five-year lows due to strong commodity prices – FXStreet
The Australian dollar has rebounded from US$0.6131, its lowest level since April 2020. The Australian dollar is supported by solid commodity prices, with improved market sentiment. The US dollar is being supported by an increasing probability that the Fed will keep interest rates unchanged in January. The Australian dollar (AUD) rose for the second day […]
Japanese Yen drifts lower amid BoJ uncertainty; USD/JPY rebounds from one-week low – FXStreet
The Japanese yen attracted new sellers on Tuesday as expectations for a Bank of Japan rate hike wavered. As concerns about President Trump's tariff plans ease, risk sentiment increases and the yen weakens. The rise in US bond yields due to the Fed's hawkish stance supports USD bulls and supports USD/JPY. The Japanese Yen (JPY) […]
Dow rebounds, tries to break 10-day losing streak
Wall Street's major indexes rebounded somewhat on Thursday, a day after the Federal Reserve's predictions of lower-than-expected interest rate cuts and higher inflation next year misled some investors and sent U.S. stocks tumbling. In morning trading, the Dow Jones Industrial Average rose 237 points, or 0.6%, to $42,563. The S&P 500 rose 0.4% and the […]
USD/CAD drops even though US Dollar rebounds, Canadian Q3 GDP in focus – FXStreet
The Canadian dollar strengthened on expectations for healthy trade negotiations with the US, while the USD/CAD pair fell. Economists expect Canada's economy to grow by 1% in the third quarter of this year. The US dollar recovered despite slow trading due to Thanksgiving. Despite decent recovery moves in the US dollar (USD), the USD/CAD pair […]
Dollar rebounds on Trump tariff warning; stocks point lower – Yahoo Finance
Written by Kevin Buckland and Uncle Banerjee TOKYO (Reuters) – The dollar weakened against major currencies on Tuesday after U.S. President-elect Donald Trump pledged to impose tariffs on all imports from Canada and Mexico and impose additional tariffs on China. I rebelled against it. Stocks fell, part of a solid rally in the previous session […]
Dow jumps over 600 points, Nasdaq rebounds in volatile Wall Street trading
The Dow soared more than 600 points during Thursday's trading, hitting a one-week high as Wall Street's main indexes turned positive after volatile trading on Thursday. The blue-chip Dow Jones Industrial Average rose 461.88 points, or 1.1%, to close at 43,870.35, its highest level in a week. The S&P 500 rose 0.5% and the Nasdaq […]
