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Forex
Dow Jones soars toward 40,000 on Fed rate cut bets, China’s optimism
DJIA gains 0.62% as traders price in June Fed rate cut chances.Trump’s softened tone on China trade spurs risk-on rally near 40,000.Gold climbs above $3,300 as…
Pound Sterling Price News and Forecast: GBP/USD rebounds past 1.3300 as US-China tensions rattle US Dollar
GBP/USD rebounds past 1.3300 as US-China tensions rattle US Dollar
The Pound Sterling recovered some ground versus the US…
GBP/USD rebounds past 1.3300 as US-China tensions rattle US Dollar
GBP/USD gains 0.55% as investors sell USD amid trade uncertainty.China demands full tariff rollback; US officials push back on compromise.DXY drops to 99.45 as…
ECB’s Holzmann: Rate cuts must wait for more tariff certainty
CNBC reported that European Central Bank (ECB) policymaker Robert Holzmann said that Eurozone interest rates should be held until more clarity emerges on the…
USD slips as stocks dip – Scotiabank
The US Dollar (USD) is tracking lower again after two days of gains lifted the DXY some 2% off the three year low reached earlier in the week. The CHF and JPY…
US Durable Goods Orders rise by 9.2% in March vs. 2% expected
Durable Goods Orders in the US rose sharply in March.US Dollar Index stays in negative territory near 99.50.Durable Goods Orders in the US rose by 9.2%, or…
US Dollar as session’s low on Thursday with China saying Trump’s comments are fake news
The US Dollar is dipping, with the DXY US Dollar Index down by around 0.60%. China says tariffs need to go first, before talks can start. The US Dollar Index…
AUD/USD bounces back to near 0.6400 as US Dollar’s recovery fizzle out
AUD/USD recovers sharply to near 0.6400 at the expense of the US Dollar.Washington has signaled its willingness to negotiate a trade deal with China.The RBA is…
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
Silver trades at $33.35 per troy ounce, down
0.66% from the $33.57 it cost on…
Gold eases from record highs – ING
Gold prices have pulled back from recent record highs above $3,500/oz, as a softer tone from Trump on China and the Fed eased market tension. Despite the dip,…