US Dollar Weakening Is Slowing Down

From yahoo: 2025-03-26 12:08:00

The dollar index is stabilizing after initial shock from Trump tariffs, with U.S. treasury bond yields improving to 4.31%. Gold prices corrected slightly but remain high due to geopolitical tensions. PCE price index expected to stay at 2.5% year over year, hinting at U.S. inflation stability. US oil prices rise on significant decrease in crude stockpiles, while traders hedge against potential spikes from sanctions. Trump’s executive order could impact countries buying Venezuelan crude oil, leading to soft oil prices this year despite supply threats. Technical analysis shows crude oil price breaking above declining channel, facing resistance at major levels. Gold remains above $3,025 with safe-haven demand, limited by USD strength and positive risk sentiment. Technical analysis suggests bullish momentum for gold, with resistance at upper Bollinger band and support at $2,950.



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