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Forex
Australian Dollar slumps to one-month low amid renewed US-China trade tensions
The Australian Dollar (AUD) slumps against the US Dollar (USD) on Friday, with AUD/USD plunging to over one-month lows after US President Donald Trump threatened a “massive…
EUR/USD rebounds above 1.1600 on tariff threats, Macron’s PM pick
The EUR/USD pair recovers some ground on Friday, climbing above 1.1600 as the Greenback plunges, driven by an escalation of the trade war between the US and China. However, gains…
Trump announces additional tariffs on China, to begin November 1
US President Donald Trump hit markets with a fresh tariff threat on Friday, continuing his lashout at China over their decision to impose even stricter export licensing…
Gold surges near $4,000 as US–China trade tensions ignite haven demand
Gold price rises during the North American session on Friday amid an escalation of the trade war between the US and China. This, the US government shutdown and expectation for…
Key entry points for BABA bulls
Alibaba (BABA) stock traded lower for its sixth straight session on Friday as shares of the Chinese mega-cap gave up more than 8% to momentarily trade below $159 for the first time…
WTI Crude Oil falls below $60 as US-China trade tensions escalate
West Texas Intermediate (WTI) US Crude Oil prices collapsed below $60.00 per barrel on Friday, tumbling over 4% in Oil’s worst single-day performance since June’s sharp pullback.…
Dow Jones tumbles as Trump reignites tariff talk
The Dow Jones Industrial Average (DJIA) soured sharply on Friday, plummeting to its lowest bids in nearly three weeks and declining over 900 points top-to-bottom after US President…
EUR/JPY retreats as Euro slides on French political uncertainty
The Euro (EUR) extends its pullback against the Japanese Yen (JPY) on Friday, with EUR/JPY losing 0.35% to 176.40 at the time of writing, after reaching an all-time high of 177.94…
Which way out of the range
S&P 500 had trouble extending gains, and undershot an important support – only to rebound before the closing bell – respectable on such a risk-off day. What about today‘s opex?…
WTI Crude Oil dips below $60 as Gaza peace deal eases geopolitical risk
West Texas Intermediate (WTI) Crude Oil extends its slide for the second consecutive day on Friday, giving up all gains recorded earlier in the week as selling pressure…