BilalForex

Indian Rupee strengthens in Tuesday’s Asian session. Positive trends in Indian equities and concerns over the Fed’s independence could boost the INR. Traders brace for the speeches from Fed’s Harker and Kashkari later on Tuesday. The Indian Rupee (INR) edges higher on Tuesday after hitting a four-mo

UoM Consumer Confidence Index came in below the market expectation in April.The USD Index stays deep in negative territory below 100.00. Consumer confidence in the US continued to deteriorate in April, with the University of Michigan's (UoM) Consumer Sentiment Index dropping to 50.8 in the flash est

After a historic Q1 rally, gold is making new highs while the U.S. dollar breaks below 100. As global markets spiral deeper into uncertainty, investors are flocking to safe havens. Gold's super cycle: The fifth wave has begun In our April 2nd, 2025 analysis, we projected a potential pullback in gold

Tariff-pause optimism didn’t last long. Although the European markets followed the US to the upside, mood in the US turned increasingly sour and led to another wave of selloff as the trade war escalated with China. China announced to restrict the US movie imports and the US increased its tariffs on

Key points The market’s sharp rally reflects relief, not resolution: Trump’s 90-day tariff pause eased immediate fears, but the broader macro backdrop—defined by rising protectionism and policy volatility—remains unchanged. Policy remains reactive and unpredictable: The administration’s pivot was tr

The Minutes of the Fed’s March 18-19 gathering are due on Wednesday.The Federal Reserve delivered a cautious hold at its March event.Investors contemplate a potential rate cut at the May 7 meeting. The eagerly awaited minutes from the United States (US) Federal Reserve’s (Fed) March 18-19 monetary p

We talked about gold on March 28, where we mentioned and highlighted that it’s finishing wave 5 of extended wave III based on Elliott wave analysis. XAUUSD 4H Chart From March 28 We warned about a potential reversal on gold, as we were able to count five waves up from the February lows. What we see

The Oil price has posted a fresh four-year low near $58.80 amid escalating concerns over the global economic outlook.US President trump has imposed a total of 54% tariffs on China.Trump has also announced a 10% baseline tariffs for all of his trading partners. West Texas Intermediate (WTI) recovers