Gold Under Pressure: US Dollar Firms, PMIs Surge to Multi-Month Highs, Threatening Rally
Gold under pressure as the US Dollar firms and the latest Purchasing Managers’ Index (PMI) data hits multi-month highs. This shift in the
Gold under pressure as the US Dollar firms and the latest Purchasing Managers’ Index (PMI) data hits multi-month highs. This shift in the
The Norwegian krone (NOK) has delivered a notable outperformance in April 2025. However, analysts at ING warn of significant downside risks for the
The AUD/USD edges lower in early Asian trading on Tuesday, as escalating geopolitical tensions between the United States and Iran outweigh the positive
The USD/CAD pair continues to face a bearish setup with only limited upside potential, according to a recent analysis from Scotiabank. Traders and
The British pound weakens today as a fresh wave of economic data from the eurozone reveals a deepening contraction in manufacturing and services
A new analysis from BNY warns of a severe oil security shock if a blockade of the Strait of Hormuz materializes. This scenario
Traders and investors now focus on the upcoming US flash S&P Global PMI for April. This key economic indicator provides a snapshot of
The USD/CHF price forecast has turned decisively bullish, with the pair climbing to one-week highs above 0.7840 during Tuesday’s trading session. This move
An analyst sees USD/JPY holding a narrow range despite a notable rate spread shift between the US and Japan. This forecast comes as
The Indian Rupee faces sustained pressure as USD/INR gains further, driven primarily by higher oil prices dragging the Indian Rupee lower. This currency