In response to the Trump administration’s 10% tariff on Chinese goods, Beijing vowed to challenge the decision at the World Trade Organization. Moreover, Chinese authorities have: → imposed retaliatory tariffs of 15% on US coal and liquefied gas, and 10% tariffs on oil and agricultural machinery; → launched an investigation into Google for potential anti-competitive […]
Current situation The Dollar Index closed last week at 100.55, its lowest level since July 2023. It has not been consistently below this level since April 2022. Technical analysis Although the change of monetary regime in the US is of fundamental importance, the bulls may launch a counterattack in the short term. On a weekly […]
The post A Chance for Dollar to Bounce Back appeared first on Action Forex.
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