22.05.2025
Brent crude oil prices are down 2.6% this
week, slipping to $64.00 and showing signs of weakening compared to last week’s
temporary rebound from the same level. The decline in momentum is largely
driven by renewed optimism surrounding a potential U.S.–Iran nuclear deal,
strongly backed by the U.S. administration. If sanctions are lifted and Iran is
allowed to resume oil exports, the market could see an additional 1 million
barrels per day, significantly altering supply dynamics. A new round of talks
is scheduled for May 23 in Rome, which has already pressured prices down to
$64.
20.05.2025
The U.S. Dollar Index (DXY) is down 0.54% this
week, falling to 100.14, while the EURUSD has surged 0.97% to 1.1270. This
rebound aligns with positioning from large investors, who appeared to
anticipate the move. The WisdomTree Bloomberg U.S. Dollar Bullish Fund (USDU)
reported net outflows of $2.6 million last week, following $18.3 million in
outflows the week before.
EURUSD found strong support in the
1.1100–1.1200 range and has since reversed course, quickly reaching the key
upside target zone of 1.1260–1.1360.
15.05.2025
Gold prices have fallen by 5.5% to $3,143 per
troy ounce, dipping as low as $3,120 this week—the lowest level since 10 April,
when U.S.-China trade tensions were at their peak.
Now, the landscape has shifted following the
start of trade talks between the two nations in Switzerland last weekend. Both
countries agreed to reduce tariffs: the United States will lower import duties
on Chinese goods to 30%, while China will reduce tariffs on U.S. goods to 10%.
Additionally, China has agreed to lift its ban on Boeing aircraft imports.
13.05.2025
The U.S. Dollar Index (DXY) rose by 1.21% to
101.56 points on Monday, as the EURUSD pair dropped by 1.25% to 1.11060. This
move brought the pair down to primary short-term downside targets between
1.11000 and 1.11500, with an intraday low of 1.10640—the lowest level since 10
April, when trade tensions and a major sell-off in U.S. Treasuries rattled
markets.
Long-awaited trade negotiations between the
United States and China finally commenced over the weekend. Both countries
agreed to reduce tariffs: U.S.
06.05.2025
The U.S. Dollar Index
(DXY) is declining by 0.5% to 99.50 points, while the EURUSD pair is rising by
0.5% to 1.13500. However, the pair has yet to confirm a
breakout towards the primary downside targets at 1.11000–1.11500. A decisive
drop below the support zone at 1.13100–1.13300 is needed to reinforce a bearish
outlook.
Last week, the EURUSD
dipped to 1.12650 but failed to extend the decline. The
recent rebound appears puzzling, especially given the macroeconomic backdrop,
which seems to favour the U.S. Dollar. In the first quarter of 2025, U.S. GDP
contracted by 0.
29.04.2025
The U.S. Dollar Index (DXY) is down by 0.36%
this week to 99.11 points, while the EURUSD has risen by 0.26% to 1.13930. The
final obstacle to further strengthening of the Greenback has been removed.
Although the U.S. President denied any intention to dismiss Federal Reserve
(Fed) Chair Jerome Powell, he expressed a desire to gently steer him towards
cutting interest rates.
This pressure previously led the EURUSD to
rally by 1.59% to 1.15730 last week. However, following the removal of this
pressure, the gains were quickly erased, and the pair returned to mid-April
levels.
24.04.2025
Brent crude prices declined by 1.6% to $66.73
per barrel, rebounding from intraday lows of $65.33 reached on Wednesday. The
recovery remains limited by the resistance range of $67–69, which has
repeatedly capped upside attempts, including at the end of last week. Prices
are currently oscillating within a broad sideways range, with Wednesday’s move
marking an unexpected correction.
22.04.2025
The U.S. Dollar Index is down 1% to 98.39
points, while the EURUSD has climbed 0.9% to 1.14970, as tariff tensions
between the United States and China ease. With both sides expressing
willingness to seek compromise, markets are taking a breather from the
volatility triggered by trade policy uncertainty. In particular, the absence of
major sell-offs in U.S. Treasuries has helped stabilise 10-year yields, which
in turn allowed the EURUSD to consolidate.
17.04.2025
Gold prices have rallied 2.6% this week to
$3,322 per troy ounce, extending a powerful uptrend driven by geopolitical
uncertainty and growing expectations of monetary easing in the United States.
The metal has climbed 21% since November 2024, largely fuelled by sustained
buying from the People’s Bank of China amid escalating trade tensions with the
U.S.
According to a recent Bank of America survey,
42% of fund managers now expect gold prices to rise further in 2025, up sharply
from just 23% when prices hovered near $3,000 in March.
15.04.2025
The U.S. Dollar Index (DXY) is down 0.51% this
week to 99.58 points, while the EURUSD pair is trading flat around 1.1350,
consolidating last week’s sharp gains. The Euro surged 4.6% to 1.1473—its
highest level since February 2022—largely driven not by macroeconomic
fundamentals, but by the intensifying trade standoff between the United States
and China.
The initial boost for the Euro came on April
3, following President Donald Trump’s announcement of reciprocal tariffs
targeting imports from 185 countries. In response, the EURUSD spiked 2.8% to
1.