The pound remains stable at 1.3200, hitting a six-month high - UK employment data may become the next key catalyst
The GBP/USD exchange rate rose strongly above the 1.3200 mark during the Asian trading session on Tuesday, further consolidating the technical upward trend. The current trend is mainly due to the sustained selling pressure of the US dollar, which stems from the continued deterioration of market confidence in the prospects of the US economy.…
- 2025-04-15
The US dollar index oscillates at a low level, and the USD/JPY continues to weaken
Recently, with Trump announcing temporary exemptions from tariffs on the electronics and automotive industries, global market sentiment has been boosted, leading to a marginal weakening of safe haven demand and suppressing the rise of the yen in the short term.…
- 2025-04-15
Gold prices remain strong, trade war fears boost safe haven demand
Gold prices rose slightly during the Asian session on Tuesday (April 15th), with spot gold currently up about 0.5%, trading near $3226 per ounce, not far from the historical high of $3245.42 set on Monday. …
- 2025-04-15
Expectations of Federal Reserve interest rate cuts combined with trade concerns drive the New Zealand dollar to rise for five consecutive days, hitting a new year high due to the weakness of the US dollar
On Tuesday during the Asian session, the New Zealand dollar against the US dollar (NZD/USD) continued the technical momentum brought by its previous breakthrough over the 200 day simple moving average (SMA)…
- 2025-04-15
Expectations of Fed interest rate cuts rise, gold maintains bullish pattern
During the Asian trading session this Tuesday, the gold price (XAU/USD) maintained positive momentum and stabilized above $3200, approaching the historical high of $3246 set on Monday.
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- 2025-04-15
Short term trading strategies for major foreign exchange currencies on April 15th
Technically speaking, the US dollar index encountered resistance on Monday when it rose below 100.20, and was supported when it fell above 99.20, indicating that the US dollar may maintain its upward trend after a short-term decline.…
- 2025-04-15