Browsing: Market Updates

Gold Price Slips from Record Highs – Can XAU/USD Maintain Bullish Momentum?

Gold prices retreated slightly on Monday, with XAU/USD falling to $2,925 in the Asian session, down 0.38% for the day. The pullback comes after gold hit a new all-time high of $2,954 last week, prompting investors to lock in profits. However, growing fears of a global trade war, fueled by US President Donald Trump’s tariff plans, could keep safe-haven demand elevated, limiting further downside.

Bitcoin, Ethereum, and Ripple Price Forecast: Can Bulls Overcome Bearish Momentum?

The cryptocurrency market is struggling to maintain upward momentum, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) facing strong resistance levels. Bitcoin has been consolidating between $94,000 and $100,000 since early February, while Ethereum and XRP show bearish signals in momentum indicators, raising concerns of a potential downturn.

AUD/USD Strengthens Toward 0.6400 Amid Weaker US Dollar and Chinese Support

The AUD/USD pair continues its upward momentum, pushing toward 0.6400 during the Asian session on Monday. The Australian dollar is benefiting from a weaker US Dollar (USD) and Chinese government initiatives to support rural revitalization. However, cautious market sentiment and upcoming US economic data could limit further gains.

Asian Stock Markets Decline as Tech Investors Await Nvidia’s Earnings Report

Asian stock markets struggled to find momentum on Monday, February 19, tracking steep losses from Wall Street as investors braced for Nvidia’s highly anticipated earnings report. Concerns over slowing U.S. economic growth and escalating trade tariffs under President Trump added to market jitters.