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Donald Trump continued his tariff reveals over the weekend, announcing that the EU and Mexico would be hit with 30% tariffs from August 1st. That’s far more than what the EU expected — they were hoping for a figure closer to what the UK secured: a 10% tariff, with exceptions for key sectors like metals […]

The post More Tariffs appeared first on Action Forex.

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08/05/2025

Gold Dips Remain Attractive—Are Bigger Gains Just Around The Corner?

Key Highlights Gold found support near $3,200 and started a fresh increase. A key bullish trend line is forming with support at $3,285 on the 4-hour chart. EUR/USD is still consolidating gains below the 1.1420 resistance zone. WTI Crude Oil prices could start another decline below the $57.00 level. Gold Price Technical Analysis Gold prices […]
12/06/2025

EUR/USD Rallies Past 1.1500 as USD Tumbles on Fresh Tariff Threat

The relief that the US and China may have reached some kind of agreement that could relax Chinese exports of rare earth metals to the US—in exchange for allowing more Chinese students to study at US universities, was short-lived, as many sticky points remain uncertain beyond these cited concessions. Trump apparently expects the tariffs to […]
05/12/2023

XAUUSD: Fake Breakout or New Reality?

Gold price experienced a notable turnaround, gaining fresh bids after a $125 pullback from its recent peak. Federal Reserve Chair Jerome Powell’s recent speech suggested a reluctance towards aggressive rate cuts, dampening speculations of immediate policy easing. Market sentiment leans towards the belief that the Fed has concluded its tightening cycle, with a growing likelihood […]