/X?C@NE}8;S1_@]FM70B
SYSTEM PROCESSING...
/X?C@NE}8;S1_@]FM70B
SYSTEM PROCESSING...
Posted: 2025-05-13 07:48:33 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-13 07:48:42 UTC
Verified By
Rollup News
Last week's market movements saw gold leading gains due to safe-haven demand and central bank buying, while the South African rand rallied on improved risk sentiment. The U.S. dollar showed mixed performance, strengthening against some majors but weakening against EM currencies and the euro. Risk appetite improved late in the week, pressuring safe havens but boosting higher-yielding assets.
Gold (XAU) led gains due to safe-haven demand and structural buying by China’s central bank (PBoC).
The U.S. dollar was mixed, strengthening against some majors (CAD, CHF, JPY) but weakening against EM currencies (MXN, ZAR) and the euro.
The South African rand (ZAR) rallied sharply on improved risk sentiment and hopes for a U.S.-China trade deal.
Risk appetite improved late in the week, pressuring safe havens like gold but boosting higher-yielding assets.
Lingering economic uncertainties affecting the pound (GBP).
Mixed performance of the U.S. dollar creating volatility.
Subdued demand impacting the Kiwi dollar (NZD).