Brigi_ta

Brigi_ta

Last night, the global gold price briefly dropped to 2,865 USD/ounce, but it quickly surged back to 2,905 USD/ounce by the morning of February 13, 2025, driven by an increase in demand for safe-haven assets. The initial drop in gold prices was triggered by inflation data from the U.S., with the January 2025 Consumer Price Index (CPI) rising by 0.5%, higher than...

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EUR/USD is stable around 1.0360 during the Asian trading session, after rising in the previous session. The currency pair may face downward pressure due to President Donald Trump’s plan to impose reciprocal tariffs, which could affect major countries such as Japan, the EU, and China. The Euro faces challenges as the Eurozone is particularly vulnerable to tariffs...

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The global gold price has slightly decreased, with spot gold dropping by $9.9 to $2,898.4 per ounce, while gold futures were last traded at $2,926.4 per ounce, down $7.9 from the previous early morning. This adjustment is primarily due to profit-taking pressure after gold reached record highs. However, investors remain optimistic amid rising global trade tensions,...

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The EUR/USD pair continues to extend its decline, reaching around 1.0305 in the early European session on Tuesday. The U.S. dollar strengthened after U.S. President Donald Trump announced a significant increase in tariffs on steel and aluminum imports and stated that he would unveil reciprocal tariffs against other countries in the coming days. From a technical...

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The global gold price has seen a strong increase, with spot gold reaching $2,908.3 per ounce, up $47.1, and gold futures climbing to $2,936.9 per ounce, an increase of $49.3. This surge is primarily driven by the demand for safe-haven assets amid concerns over new tariffs announced by U.S. President Donald Trump, which have raised fears of a trade war and...

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Gold prices today on the international market continue to rise, despite the increase in the USD value. Over the past week, gold prices have repeatedly set new records, at one point surpassing the 2,880 USD/ounce mark, approaching 3,000 USD/ounce. The main reason for this price increase is concerns about inflation. According to a report from the University of...

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Gold continued its upward trend on Friday as the trade war between the U.S. and China escalated and the U.S. jobs report presented mixed signals. XAU/USD is currently trading at $2,862, up 0.24%. U.S. President Donald Trump's statement regarding the plan to impose retaliatory tariffs on several countries next week provided a positive boost to the gold market....

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EUR/USD is currently stable around the 1.0400 level, but the outlook for the Euro (EUR) remains uncertain due to concerns that the Eurozone may face losses from higher tariffs imposed by U.S. President Donald Trump. Last weekend, President Trump warned that Europe would certainly face tariffs for not buying enough U.S. goods, although he did not provide many...

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Gold has ended a streak of five consecutive sessions of gains, dropping by 0.4% due to pressure from the recovery of the USD and profit-taking after the precious metal continually broke records, driven by heightened demand for safe-haven assets amid concerns over escalating trade tensions. In my opinion, the combination of the strength of the US dollar, rising...

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This rise is attributed to the weakening of the USD and uncertainty surrounding the policies of US President Donald Trump. Investor concerns about the potential for a trade war and market volatility have driven demand for gold as a safe-haven asset. President Donald Trump is currently considering imposing a 10% tariff on imports from China, effective February...

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EUR/USD continues to maintain a solid upward trend above the key support level of 1.0400 in the European session on Wednesday, following a strong recovery in the North American session on Tuesday. The pair remains stable as investors assess the new tariff policies of the U.S. to adjust their positions. Over the past two days, U.S. President Donald Trump announced...

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Gold prices today rose sharply to the highest level in more than two months due to a drop in the USD, making gold cheaper for holders of other currencies. Investors are flocking to gold due to concerns about the tariffs that U.S. President Donald Trump may impose on goods from Canada and Mexico in February. Trump's policies could also lead to higher inflation,...

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The Japanese Yen (JPY) weakened after reaching a one-month high against the US Dollar and remained steady during the first European trading session on Tuesday. A general positive sentiment in the stock markets turned out to be the main factor weakening the safe-haven JPY. This, along with a modest recovery of the US Dollar (USD) from its two-week lows, helped the...

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The EUR/USD pair is currently facing strong selling pressure, trading around the 1.0380 level during the Asian session on Tuesday, after partially recovering from recent losses. The Euro continues to be negatively impacted by expectations of a dovish stance from the European Central Bank (ECB). The market expects the ECB to continue cutting interest rates by 25...

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Gold prices have risen slightly due to a weaker USD as the market assesses the economic impact of President Trump’s policies following his inauguration. A Trump administration official stated that the president will issue a trade memorandum on his first day in office without imposing new tariffs. The price spread between futures and spot gold has widened recently...

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The Japanese Yen (JPY) fluctuated between small losses and slight gains against the US dollar, with the USD/JPY pair trying to stabilize around the 156.15-156.20 range during the early European trading session on Monday. Core machinery orders in Japan increased for the second consecutive month, signaling further recovery in capital spending. This, along with bets...

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During the European session on Monday, EUR/USD regained the 1.0300 level, benefiting from market optimism and a weakening US dollar. Investors are currently preparing for the inauguration of President-elect Donald Trump, which has boosted positive sentiment and led to a decline in the greenback. The market's focus on important political and economic events has...

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Gold prices reversed their Asian session decline on Monday as the US dollar weakened slightly. Expectations that the Fed may pause its rate-cutting cycle could limit the upward momentum of XAU/USD amidst a positive risk sentiment. Traders are now focusing on President-elect Donald Trump's inauguration speech for new market drivers. The short-term technical...