From Investing.com: 2025-05-15 04:10:00

Gold prices hit a four-week low, dropping over 2.23% as global trade tensions ease, reducing demand for safe-haven assets. Ceasefire talks between Ukraine and Russia, as well as a peace agreement between India and Pakistan, contributed to the decline. XAU/USD hit $3,149, with key levels at $3,195 resistance and $3,140 support. The US will release economic data today, impacting gold and the US dollar.

The euro rose slightly before retreating on Wednesday, influenced by global trade tensions. The US and China agreed to lower tariffs temporarily, easing concerns of a global recession. EUR/USD may be affected by news on trade tariffs and Russia-Ukraine peace talks. The US will release data today that could impact all USD pairs.

The Australian dollar dropped against the USD on Wednesday. The Australian unemployment rate remained steady at 4.1%, aligning with expectations. Strong employment figures prompted a reassessment of aggressive monetary easing by the RBA. The AUD rebounded after the release of strong labor market data, reaching 0.64400. Traders should watch the US Retail Sales report today for potential impacts on AUD/USD.



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