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Risk sentiment is on the floor this morning after Donald Trump imposed 25% tariff on most Mexican and Canadian imports and 10% tariff on Chinese imports which will take effect from tomorrow – a move, I believe, will certainly backfire and end up in tears for everyone. But it will first add volatility and chaos […]

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Greenback Surges, Dragging EUR/USD Lower at Market Open

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The US Tariff Man Walked the Talk

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06/12/2023

Gold Price Retreats From Highs and Crude Oil Price Dives

Gold price is correcting gains below the $2,050 support. Crude oil prices declined steadily below the $75.90 support and moved into a bearish zone. Important Takeaways for Gold and Oil Prices Analysis Today Gold price rallied to new highs above $2,120 before it corrected lower against the US Dollar. A key bearish trend line is […]
16/01/2025

S&P 500 Index Rises to Psychological Level

The US stock market experienced an upswing following the release of inflation data yesterday. According to ForexFactory: → The annual Consumer Price Index (CPI) matched expectations at 2.9%. → The monthly Core CPI came in at 0.2%, below analysts’ forecast of 0.3%. Market participants interpreted this as a positive signal, leading to the S&P 500 […]
12/07/2024

Market Analysis: GBP/USD Eyes 1.3000 While EUR/GBP Struggles

GBP/USD is gaining pace above the 1.2900 resistance. EUR/GBP declined and is now consolidating losses above the 0.8400 region. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh increase above 1.2950. There is a key bullish trend line forming with support near 1.2910 on the hourly chart of GBP/USD […]