NoirLime

Currencies and metals get sold in the overnight markets.What will the POTUS have to tell us tomorrow? Good Day... And a Tub Thumpin' Thursday to one and all! And welcome to May... it's May Day today for whatever that's worth! Well, my beloved Cardinals won both games of their doubleheader yesterday

Technical recession avoided, but still stuck in stagnation. This is the bottom line of Germany's just-released first quarter GDP data. According to the just-released first estimate, the German economy avoided a technical recession at the start of the year. In the first quarter of 2025, GDP growth ca

EURUSD remains range-bound; struggles to close above 1.1415. Technical signals have weakened, but some optimism persists. EURUSD opened the week with moderate gains, as bullish momentum lacked sufficient follow-through to push the price above the upper boundary of the bullish channel near 1.1415. Wi

Gold price meets with a fresh supply on Monday amid the US-China trade deal optimism.A fall in China’s gold consumption and a modest USD uptick also weigh on the commodity.Trade-related uncertainties and Fed rate cut bets warrant caution for the XAU/USD bears. Gold price (XAU/USD) attracts fresh sel

The Australian Dollar remains under pressure as the US Dollar strengthens, supported by signs of easing US-China tensions.China’s move to exempt certain US imports from its 125% tariffs has sparked some optimism for better trade relations.The Federal Reserve is in its blackout period ahead of the Ma

The Greenback extended their recovery on the back of auspicious headlines around the US-China trade crisis and mitigating fears around potential threats to the Fed’s independence by President Trump. Here is what you need to know on Thursday, April 24: The US Dollar Index (DXY) advanced further and r

Macro data released last week showed the government policy support has been generating positive impact on the economy. China’s Q1 GDP delivered a strong growth of 5.4%yoy, above market expectations of 5.2%yoy. Meanwhile, overall March’s monthly macro data pointed to a growth acceleration from prior

EUR/JPY trades near the 162 zone following a modest advance on WednesdayMACD prints a sell signal, while moving averages reinforce bullish momentumSupport aligns at 161.87 and 161.89, with resistance emerging near 162.40 The EUR/JPY pair inched higher on Wednesday ahead of the Asian session, trading

GBP/USD continues to benefit from broader dollar weakness and reserve diversification trends, with FX managers potentially trimming dollar holdings in favor of currencies like sterling. The pair also closely follows EUR/USD moves, as Europe embraces fiscal stimulus. Meanwhile, UK domestic data and t

Although the Norwegian inflation figures for March look a little better again after the significant upward surprise at the beginning of the year, Norges Bank is still likely to wait until June before lowering the key rate, Commerzbank's FX analyst Antje Praefcke notes. NOK struggles amid weak oil an

Risk appetite has recovered for now, though the 90-day pause on reciprocal tariffs is still viewed as a tactical move to alleviate intense market stress rather than signaling a shift from the U.S. administration’s “America First” stance. Share: Analysis feed

Actually, I do not want to go far deeper into the current trade war details, nor the running “Tariffs Auction” between US and China “34%, 104%, 125% … or whatever it can ends too. But let’s talk about the trading ideas and what we can base on to trade, as an useful outcome of these arrogance war iss

The price of Russian ESPO crude fell below $60 per barrel for the first time at the beginning of the week, while the price of Urals fell towards $50 per barrel, the lowest price level since March 2023, according to Reuters, Commerzbank's commodity analyst Carsten Fritsch notes. Weekly oil shipments

European natural gas prices plunged sharply, with TTF falling over 7% amid heavy fund selling. A pause in tariffs may offer a temporary lift, but market positioning remains cautious, ING’s commodity analysts Warren Patterson and Ewa Manthey note. Tariff pause may lift gas market "European natural ga