US Treasury Secretary Bessent sees de-escalation with China – Bloomberg
The US Treasury Secretary Scott Bessent commented that the tariff standoff with China is unsustainable and that he expects a de-escalation of the...
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The US Treasury Secretary Scott Bessent commented that the tariff standoff with China is unsustainable and that he expects a de-escalation of the...
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EUR/GBP Price Analysis: Holds bullish tone despite minor decline
The EURGBP pair is exhibiting a bullish overall signal, currently trading around the 0.8600 area after slipping slightly during Tuesday’s session following the European...
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The EURGBP pair is exhibiting a bullish overall signal, currently trading around the 0.8600 area after slipping slightly during Tuesday’s session following the European...
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Gold Price Forecast: XAU/USD falls amid a possible de-escalation of US-China tensions
Gold hit $3,500 a troy ounce on Tuesday, yet another record high. The XAU/USD pair, however, retreated from such highs and trades in the $3,390 region in the mid-American afternoon, as the US Dollar (USD) managed to recover some of the ground lost at the beginning of the...
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Gold hit $3,500 a troy ounce on Tuesday, yet another record high. The XAU/USD pair, however, retreated from such highs and trades in the $3,390 region in the mid-American afternoon, as the US Dollar (USD) managed to recover some of the ground lost at the beginning of the...
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Gold pulls back from $3,500 record as China trade hopes spur profit-taking
Gold price retreats after hitting a record high at $3,500, but traders booking profits and improving risk appetite send the Bullion drifting lower, although US Treasury yields drop. At the time of writing, XAU/USD hovers near $3,400, down over...
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Gold price retreats after hitting a record high at $3,500, but traders booking profits and improving risk appetite send the Bullion drifting lower, although US Treasury yields drop. At the time of writing, XAU/USD hovers near $3,400, down over...
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EUR/USD Price Forecast: Extra advances look likely
EUR/USD lost steam after a failing to push to the area of Monday’s yearly highs near 1.1570, allowing sellers to drive the pair lower as the US Dollar Index (DXY) staged a decent comeback, leaving behind recent three-year lows in the sub-98.00 area when measured by the US Dollar Index...
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EUR/USD lost steam after a failing to push to the area of Monday’s yearly highs near 1.1570, allowing sellers to drive the pair lower as the US Dollar Index (DXY) staged a decent comeback, leaving behind recent three-year lows in the sub-98.00 area when measured by the US Dollar Index...
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US Dollar attempts modest recovery amid Fed independence concerns, growth downgrades
The US Dollar Index (DXY) struggled to extend its bounce on Tuesday, hovering near the 98.50 zone after recovering slightly from the three-year trough of 98.01. The rebound came as markets reopened from the Easter Monday holiday and reassessed the broader macro...
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The US Dollar Index (DXY) struggled to extend its bounce on Tuesday, hovering near the 98.50 zone after recovering slightly from the three-year trough of 98.01. The rebound came as markets reopened from the Easter Monday holiday and reassessed the broader macro...
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Mexican Peso strengthens to yearly high as trade war cools, mood improves
The Mexican Peso (MXN) posted substantial gains versus the US Dollar (USD) on Tuesday, sponsored by an improvement in risk appetite due to optimistic news of a ‘de-escalation’ of the trade war between the US and China. At the time of writing, USD/MXN trades at 19.58, down...
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The Mexican Peso (MXN) posted substantial gains versus the US Dollar (USD) on Tuesday, sponsored by an improvement in risk appetite due to optimistic news of a ‘de-escalation’ of the trade war between the US and China. At the time of writing, USD/MXN trades at 19.58, down...
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Fed’s Kashkari: Can’t allow inflation expectations to get unanchored
Minneapolis Fed President Neel Kashkari warned that US tariffs act as a drag on economic growth and emphasised the central bank’s responsibility to prevent those trade measures from fuelling longer-term...
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Minneapolis Fed President Neel Kashkari warned that US tariffs act as a drag on economic growth and emphasised the central bank’s responsibility to prevent those trade measures from fuelling longer-term...
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Forex Today: It is PMI-day!
The Greenback managed to regain strong upside traction and bounced off recent three-year lows...
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The Greenback managed to regain strong upside traction and bounced off recent three-year lows...
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Australian Dollar holds steady near 0.6400 despite renewed USD strength
The Australian Dollar (AUD) trades with a modestly bullish tone on Tuesday, consolidating near the 0.6400 region during North American trading...
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The Australian Dollar (AUD) trades with a modestly bullish tone on Tuesday, consolidating near the 0.6400 region during North American trading...
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Tesla stock moves lower on EPS, revenue miss
Tesla (TSLA) reported adjusted earnings per share (EPS ) of $0.27, missing Wall Street's $0.41 consensus, after the market close on...
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Tesla (TSLA) reported adjusted earnings per share (EPS ) of $0.27, missing Wall Street's $0.41 consensus, after the market close on...
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USD/JPY clings to 142.00 as Fed uncertainty and Yen strength weigh
The USD/JPY pair struggles to regain ground on Tuesday, trading around the 142.00 mark during North American hours after bouncing off earlier lows near...
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The USD/JPY pair struggles to regain ground on Tuesday, trading around the 142.00 mark during North American hours after bouncing off earlier lows near...
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AUD/JPY Price Analysis: Trades soft near 90.10 zone with bearish outlook intact
The AUDJPY pair is flashing an overall bearish signal, currently trading around 90.10 after a modest dip during Tuesday’s session. The cross remains mid-range between the day’s low of 89.64 and high of 90.58, suggesting hesitation in either direction as markets await fresh momentum into...
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The AUDJPY pair is flashing an overall bearish signal, currently trading around 90.10 after a modest dip during Tuesday’s session. The cross remains mid-range between the day’s low of 89.64 and high of 90.58, suggesting hesitation in either direction as markets await fresh momentum into...
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USD/CHF bounces over 1% as trade optimism lifts mood, but Powell tensions linger
The USD/CHF makes a U-turn and trade with gains of over 1% on Tuesday as market mood improved on trade headlines and a possible de-escalation of US-Sino conflict tensions. At the time of writing, the pair trades at 0.8181 after hitting a daily low of...
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The USD/CHF makes a U-turn and trade with gains of over 1% on Tuesday as market mood improved on trade headlines and a possible de-escalation of US-Sino conflict tensions. At the time of writing, the pair trades at 0.8181 after hitting a daily low of...
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EUR/JPY Price Analysis: Drifts near 162.00 as technical picture turns indecisive
The EURJPY pair is currently neutral, trading near the 162.00 zone after easing slightly on Tuesday. The pair remains confined within a narrow range between 160.98 and 162.32, showing no clear directional bias as Asian markets...
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The EURJPY pair is currently neutral, trading near the 162.00 zone after easing slightly on Tuesday. The pair remains confined within a narrow range between 160.98 and 162.32, showing no clear directional bias as Asian markets...
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US President Trump eases market jitters, says no plans to fire Powell, China tariffs to be lower
Recently, US President Donald Trump said at a press conference that his discussions with China are going well, adding that he thinks they will reach a deal. He said that tariffs on China would not be as high as 145%, but they wouldn’t be...
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Recently, US President Donald Trump said at a press conference that his discussions with China are going well, adding that he thinks they will reach a deal. He said that tariffs on China would not be as high as 145%, but they wouldn’t be...
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Gold at new high and stocks rebound
Fresh record for gold “First tariffs and now the Fed...
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Fresh record for gold “First tariffs and now the Fed...
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GBP/JPY afloat near 189.00 amid risk jitters, bearish bias prevails
GBP/JPY trades modestly higher near 189.00 during Tuesday’s session after bouncing from intraday lows around 187.47. The pair’s upside follows a minor recovery in the Pound Sterling, which briefly reached 1.3423 against the US Dollar before retreating amid political and economic...
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GBP/JPY trades modestly higher near 189.00 during Tuesday’s session after bouncing from intraday lows around 187.47. The pair’s upside follows a minor recovery in the Pound Sterling, which briefly reached 1.3423 against the US Dollar before retreating amid political and economic...
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