Monthly Archives: May 2025
Dollar Dips, Gold Rallies on U.S.-Taiwan Risk
Written on May 6, 2025 at 6:27 am, by
Market Summary Markets were mixed Monday as geopolitical tensions weighed on sentiment. The U.S. dollar index (DXY) dipped below 100.00 after initial optimism over U.S.-China trade talks faded. Reports of deepening U.S.-Taiwan ties raised fears of Chinese retaliation, clouding the outlook and muting expectations for near-term Fed rate cuts amid persistent inflation. Gold surged overContinue Reading
Dollar Firms as Labor Market Defies Macro Headwinds
Written on May 6, 2025 at 6:21 am, by
Market Summary Markets traded mixed on Friday as investors digested stronger-than-expected April U.S. jobs data, which offered tentative relief following a week of downbeat economic prints. Nonfarm payrolls rose by 177,000—beating expectations of 130,000—while the unemployment rate held steady at 4.2%. Solid hiring in healthcare and logistics offset a decline in federal jobs, suggesting theContinue Reading
Dollar Gains Ahead of NFP
Written on May 6, 2025 at 6:20 am, by
Market Summary Markets traded cautiously on Thursday as investors weighed soft U.S. data ahead of Friday’s key nonfarm payrolls report. Jobless claims jumped to 241,000—an eight-month high—while ISM Manufacturing fell to 48.7, signaling deepening industrial weakness. The ADP report further dampened sentiment, showing only 62,000 private jobs added in April, well below expectations. Despite macroContinue Reading
