Monthly Archives: May 2025
41654156156EUR/USD Edges Lower Amid Stronger Dollar, but ECB Outlook Offers Support

Written on May 29, 2025 at 6:25 am, by pumarketings
Key Takeaways: *Dollar strength following U.S. trade court ruling weighs on EUR/USD. *ECB’s inflation outlook supports potential for hawkish policy shift, limiting downside. EUR/USD traded slightly lower as the U.S. Dollar extended gains following a U.S. trade court ruling that invalidated former President Donald Trump’s use of emergency powers to implement global tariffs. The decisionContinue Reading
Oil Rises on OPEC+ Output Hold and Venezuela Export Restrictions

Written on May 29, 2025 at 6:24 am, by pumarketings
Key Takeaways: *Oil prices climbed after OPEC+ kept its output policy unchanged and Chevron halted Venezuelan crude exports. *OPEC+ surprised markets by not increasing production; instead, it focused on setting 2027 output baselines. *Chevron ended contracts in Venezuela, tightening expected supply. Oil prices rose on Wednesday amid fresh supply concerns after OPEC+ opted to maintainContinue Reading
Gold Slips as Court Ruling on Trump’s Tariffs Boosts Risk Sentiment

Written on May 29, 2025 at 6:23 am, by pumarketings
Key Takeaways: *Gold prices slipped as risk sentiment improved following a U.S. court ruling against Trump’s tariff strategy. *Court decision lowers trade war risk, reducing safe-haven demand for gold. *Capital rotated into riskier assets, with equities and crypto rebounding modestly. Market Summary: Gold prices fell sharply during early Asian trading hours as global risk appetiteContinue Reading