Mehitabel

AUD/USD trades near 0.6520 at the time of writing, with US-China relations increasing demand for commodity-linked currencies.Australia’s Westpac Consumer Confidence disappoints, but improving sentiment limits AUD losses.The US Consumer Price Index (CPI) on Wednesday is expected to drive the Fed narr

Euro (EUR) is up a modest 0.2% against the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Markets eye heavy ECB speech calendar with easing still priced into year-end "Fundamentals are offering

European stocks struggle.Friday’s US jobs data key ahead of upcoming CPI release.Chinese exports and inflation highlight ongoing concerns. An uncertain start to the week for European markets, as traders struggle to find the same optimism that dominated the Asian session. Looking at the source of thi

EUR/USD remains steady as the US Dollar holds ground following stronger jobs data.US Treasury Secretary Scott Bessent is scheduled to meet with Chinese officials on Monday.ECB policymaker Yannis Stournaras warned that uncertainty related to potential US tariffs could disrupt growth in the Eurozone.

Mike Maharrey opened this week’s Money Metals Midweek Memo with an anecdote about metal detecting—a light segue into a serious look at gold scarcity. He recounted the 1979 discovery of the Golden Beauty, a nearly 10-pound gold nugget found in Western Australia, now up for auction with an opening bid

Gold (XAUUSD) has displayed a strong bullish trend since establishing a low on May 15, 2025, forming a sequence of higher highs that signals further upside potential. The rally from the May 15 low unfolded in a clear five-wave Elliott Wave structure, completing wave 1 at $3365.93. The initial advanc

The US Dollar (USD) faced increasing selling pressure in quite a negative start to the new trading week, slipping back to multi-week troughs amid the resurgence of trade concerns and jitters over the health of the US economy. Here's what to watch on Tuesday, June 3: The US Dollar Index (DXY) retreat

The Pound Sterling (GBP) has had a good run in recent weeks. Notwithstanding cable’s uptrend this year, EUR/GBP has dropped from the year’s high close to 0.8738 on April 11 to below 0.84, where it is currently finding good support from the 200-day sma close to 0.8383. The enthusiasm for the EUR in M

The Euro drops to 1.1335 amid US Dollar rebound, diverging inflation paths and mixed ECB policy signals.US Consumer Confidence surges to 4-year high, boosting DXY above 99.50.France’s cooling inflation raises bets on ECB rate cuts despite hawkish pushback. The EUR/USD pair retreats below 1.1400 for

Consumer optimism got a much-needed boost in May on hopes for trade pace between the U.S. and China, according to a survey Tuesday. The Conference Board's Consumer Confidence Index leaped to 98.0, a 12.3-point increase from April and much better than the Dow Jones consensus estimate for 86.0. Much o

Durable Goods Orders in the US declined less than expected in April.The US Dollar Index stays in positive territory above 99.00. Durable Goods Orders in the United States (US) declined by 6.3%, or $19.9 billion, in April to $296.3 billion, the US Census Bureau reported on Tuesday. This reading follo