Cardano's price stayed above $0.70 but dropped for the third day in a row. It fell by 5% despite some positive trading signals. Some experts think it could still reach $0.50. The US Federal Reserve might pause interest rate hikes, which usually helps prices. However, the
FEDERAL RESERVE AND BANK OF ENGLAND MEET AS ECONOMIC OUTLOOK. Rates held steady in January due to sticky inflation and tariff impacts. No immediate rate cuts expected in March. future moves depend on labor market and economic conditions. Policy outlook remains uncertain as global economic challenges persist. The Fed’s
EUR/USD is falling: The Euro is losing value against the US Dollar. Current level: It is around 1.0835. Reason: A trade dispute between the US and the EU is causing the Euro to weaken.
GBP/USD is falling for the second day in a row. Current price is around 1.2940 in Friday’s Asian session. The British Pound is struggling due to weak market confidence. Investors are worried about global trade after US President Trump threatened a 200% tariff on European wines. Traders
Gold Price Rising: Gold is likely to rise and may reach $3,000 soon. Weekly Gain: Gold is on track for its second straight week of gains. US Dollar & Yields Up: The US Dollar and Treasury yields are increasing due to reduced fears of a government shutdown. Bullish Trend:
AUD/USD is going up but still below 0.6300. Risk mood is better, helping the Aussie dollar. US Dollar is also stronger due to positive US-Canada trade news and no US government shutdown. Uncertainty about US tariffs is stopping AUD/USD from rising more.
US STOCKS FALL, LED BY NASDAQ DECLINE NASDAQ down -1.26%, with a weekly drop of -4.21%. S&P 500 down -0.75%, weekly loss of -3.7%. Dow down -0.74%, with a weekly decline of -4.11%. NASDAQ sees its fourth consecutive day of losses.
GOLD REACHES RECORD HIGH ABOVE $2,970 POST US DATA Gold hit a new all-time high of $2,971 per ounce. The rally occurred despite high US Treasury yields and a strong US Dollar. PPI for February rose 3.2% YoY, below the 3.3% forecast. Core PPI increased by
USD/JPY stays strong above 148.00 in the Asian market on Friday. The rise is limited because of different policies from the Bank of Japan (BoJ) and the US Federal Reserve (Fed). The US Dollar and bond yields are recovering, helping USD/JPY stay firm. Market sentiment improves as
GOLD TRADING AT NEW ALL-TIME HIGHS, APPROACHES $3000 Gold reached a new all-time high of $2966.19, nearing the $3000 mark. Central banks, including Poland, have been major buyers, bolstering their reserves. Poland holds 480 tons of gold, with a target of 500 tons. Gold’s strong performance is fueled
Analysis
EUROPEAN ECONOMIC UNCERTAINTY FROM TARIFF THREATS AND ECB POLICY Trump threatens 200% tariff on European wines, urges EU to remove 50% tariff on spirits. Tariffs hurt European luxury goods, with Pernod Ricard’s stock down. Automotive sector falls 1.7% due to supply chain issues. Germany’s EUR 500 billion
Analysis
GOLD (XAU/USD) NEARS ALL-TIME HIGHS AMID ECONOMIC AND GEOPOLITICAL UNCERTAINTY Gold rises to $2,950 per ounce, approaching all-time highs. Softer U.S. CPI data eases inflation concerns, boosting market sentiment. Outflow from U.S. bonds and rising equity markets support gold. Gold remains a hedge against inflation and