Monthly Archives: June 2025
Gold Rises as Trade Policy Uncertainty Revives Safe-Haven Demand

Written on June 3, 2025 at 7:17 am, by
Key Takeaways: *US Appeals Court temporarily stays ruling against Trump’s global tariff powers. *Legal reversal stirs fresh trade war concerns and weighs on risk sentiment. *Gold prices rebound modestly as safe-haven demand returns. Market Summary: Gold prices edged higher on Thursday as renewed legal uncertainty surrounding U.S. trade policy reignited demand for safe-haven assets. EarlierContinue Reading
Australian Dollar Slips as RBA Cuts Rates Amid Sluggish Economic Data

Written on June 3, 2025 at 7:16 am, by
Key Takeaways: *Australian dollar hammered by the latest Retail Sales Reading that came short. *RBA’s recent dovish tone has also hindered the Aussie dollar. The Australian dollar (AUD) continues to grapple with significant headwinds, driven by a confluence of underwhelming domestic economic indicators and evolving monetary policy dynamics. The latest retail sales data, registering aContinue Reading
Canadian Dollar Slips Ahead of BoC Decision as Trade Concerns Weigh

Written on June 3, 2025 at 7:15 am, by
Key Takeaways: *Canada’s departure from trade talks with the U.S. raises concerns in the market. *The Canadian dollar eases ahead of next week’s Bank of Canada (BoC) rate decision. The Canadian dollar (CAD) has experienced a notable decline in strength against major currencies this week, as markets brace for the Bank of Canada’s (BoC) interestContinue Reading