Global FX Market Summary: US Dollar Weakness, US Economic Data, Gold 5 May 2025
US Dollar weakens due to trade uncertainty, Fed policy anticipation, geopolitical tensions, and lack of safe-haven demand despite risk-off mood. […]
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US Dollar weakens due to trade uncertainty, Fed policy anticipation, geopolitical tensions, and lack of safe-haven demand despite risk-off mood. […]
Given the strength of the support level 55.20, WTI crude oil can be expected to rise in the active c-wave
US-China trade optimism boosts market sentiment, strengthens USD, lifts oil, weakens gold; economic data and Fed policy drive volatility. Influence
Given the strength of the support level 0.8475, oversold daily Stochastic and the predominantly bullish euro sentiment seen across the
Given the strength of the active c-wave, Gold can be expected to fall to the next support level 3172.00 (former
Eurozone GDP surprises positively; US growth slowdown, inflation data, rate cut bets, and US-China trade tensions dominate market focus. Focus
Given the strength of the resistance level 1.3430 GBPUSD currency pair can be expected to fall to the next support
EURJPY currency pair can be expected to fall to the next support level 160.95, which reversed the price earlier this
US-China trade uncertainty, upcoming economic data, and concerns over global growth and recession risks impact market sentiment and central bank