Author: Daniel Chang

NEW YORK – The U.S. dollar remained largely unchanged against the euro on Monday, lingering near its weakest point in three years after a volatile performance last week pushed it into technically oversold territory. At the same time, the greenback slipped against the Japanese yen, pressured by growing concerns over President Donald Trump’s unpredictable tariff rollouts, which have dented global confidence in the dollar as a reliable reserve currency. What’s surprising investors is that the dollar is no longer moving in tandem with U.S. Treasury yields. Last week, yields edged higher even as the dollar declined, signaling potential capital outflows…

In a major move to boost domestic technological capabilities, Nvidia has revealed plans to manufacture its advanced AI supercomputers entirely within the United States a first for the company. The announcement, made on Monday, outlines Nvidia’s collaboration with multiple industry partners to construct and operate cutting-edge facilities dedicated to building its next-generation AI systems. This initiative will include both the production of Nvidia’s Blackwell AI chips and the assembly of full AI supercomputers. The company has already secured over one million square feet of space across several states. Chip manufacturing is underway in Phoenix, Arizona, at TSMC facilities, while new…

ABOARD AIR FORCE ONE – Former U.S. President Donald Trump reaffirmed his stance on steel and aluminum tariffs, stating that no exemptions would be granted. He also confirmed that reciprocal and sectoral tariffs would take effect on April 2. Last month, Trump raised tariffs on steel and aluminum imports to 25% across the board, aiming to boost domestic industries. The move intensified trade tensions with key U.S. partners. Speaking to reporters aboard Air Force One, Trump said reciprocal duties would be introduced alongside tariffs on autos. “In some cases, both,” he explained when asked about sectoral and reciprocal tariffs. “They charge…

Goldman Sachs has significantly revised its gold forecast, now anticipating the precious metal could soar to $3,700 per ounce by the end of 2025. The move reflects growing concerns about the health of the U.S. economy, especially as tensions with China escalate into a full-blown trade conflict. This marks the third upward revision from Goldman this year. In March, the investment banking giant raised its 2025 target from $2,700 to $3,300, and now it sees even more upside. The bank cited rising demand for gold both in physical form and through exchange-traded funds as investors flock to safer assets. In…

Barclays analysts have adjusted their view on the euro, citing shifting market dynamics. While concerns over U.S. tariffs have faded, focus has turned to economic growth, particularly after Germany’s announcement of a major fiscal stimulus package. This policy shift could provide some support for the European economy amid weaker data from the U.S. Analysts noted that Europe’s recent developments have reduced the risk of the euro reaching parity with the dollar. Fiscal measures may help cushion potential tariff-related effects on exchange rates and economic stability. However, Barclays warned that the euro’s rally may be running out of momentum as market…

UBS has adjusted its outlook for the Czech koruna, predicting a slight weakening against the euro in the coming quarters despite recent gains. Optimistic developments in Europe, including Ukraine ceasefire discussions, the absence of new tariffs on European goods, and expected fiscal spending increases in Germany and the EU, have supported the koruna’s strength. However, UBS analysts warn that the Czech economy—highly dependent on manufacturing and trade—remains vulnerable to potential tariff risks. They anticipate that trade tensions could return, leading to a softer koruna over time. As a result, UBS has revised its EUR/CZK forecasts. The new projections place the…

Analysts at RBC Global Mining Equities have revised their gold price predictions, expecting a steady increase in the coming years. Their latest projections estimate gold reaching $2,844 per ounce in 2025, slightly higher than their previous forecast of $2,823 per ounce. By 2026, they anticipate a more substantial rise to $3,111 per ounce, marking an 8% increase from their earlier estimate of $2,878 per ounce. The updated forecast incorporates insights from machine learning (ML) models, factoring in recent market data and minor adjustments to RBC’s evaluation metrics. These predictions assume a stable monetary policy and no economic recession, which could further support price growth beyond $3,100 per ounce by…

Tesla Europe sales drop sharply in February, down 40.1% compared to the same month last year. The company sold 16,888 vehicles across the EU, UK, and EFTA regions, facing slower demand and more rivals entering the market. So far in 2025, Tesla’s regional sales have fallen 42.6%. Its market share also shrank from 2.8% to 1.8%, according to data from the European Automobile Manufacturers’ Association (ACEA). While overall battery electric vehicle registrations in Europe rose 26.1% year-over-year, Tesla lagged behind. Chinese EV makers like SAIC saw strong gains during the same period. Battery EVs held a 15.2% share of total…

Introduction The Time-Weighted Average Price (TWAP) algorithm is a popular trading strategy that breaks large orders into smaller ones and executes them over a set period. This helps traders minimize market impact and get a better average price over time. TWAP is widely used in cryptocurrency trading, where large orders can cause price fluctuations. This guide explains what TWAP is, how it works, and how crypto traders can use it to improve their execution strategies. What is the TWAP Algorithm? TWAP is a trading algorithm that executes trades gradually over time rather than all at once. It calculates the average price of an asset over a specified period…

Introduction The Volume-Weighted Average Price (VWAP) is a crucial tool for traders who want better price execution and trade confirmation. It helps identify the average price an asset has traded at, adjusted for volume. This makes it useful for both institutional and retail traders looking to enter or exit positions efficiently. In this guide, you’ll learn what VWAP strategy is, how it works, and how to implement it in forex trading for better trade decisions. What is the VWAP Strategy? VWAP is a technical indicator that calculates the weighted average price of an asset based on both price and volume. Unlike simple moving averages, VWAP gives…