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Forex
US, China officials agree on plan to ease trade tensions – Bloomberg
The United States (US) and China agreed to a preliminary deal on how to implement the consensus the two sides reached in Geneva, per Bloomberg.US negotiators…
US Commerce Secretary Lutnick says reached a framework with China
US Commerce Secretary Howard Lutnick said early Wednesday that the United States and China have reached a framework to implement the Geneva Consensus, but they…
GBP/USD softens after UK data miss, US CPI still in the barrel
GBP/USD knocked lower after UK wages and labor data widely missed forecasts.US CPI inflation data is on deck, poised to be a high-impact print.Mid-tier UK…
Forex Today: Can US inflation change the Fed’s plans to ease in September?
The Greenback traded with a slightly positive bias on Tuesday, reversing a bearish start to the week and supported by consistent caution on US-China trade…
USD/JPY Price Forecast: Breaks above 145.00 as trade hopes lift USD
USD/JPY clears Monday’s high, trades near 145.20 amid upbeat risk tone. RSI momentum favors bulls; key resistance stands at 145.38 and…
AUD/USD trades in a firm range ahead of Wednesday’s US CPI print
AUD/USD trades near 0.6520 at the time of writing, with US-China relations increasing demand for commodity-linked currencies.Australia’s Westpac Consumer…
Gold price steadies above $3,300 as markets cheer progress in US-China talks
XAU/USD trades at $3,328, up 0.10%, after bouncing off $3,300 intraday low.Positive US-China trade talks in London lift risk appetite, boost equities.Choppy…
Dow Jones Industrial Average melt-up continues as markets await trade talk results
The Dow Jones remains stuck near 43,000, but investor optimism remains buoyant.US-China trade talks are close to wrapping up in London.US CPI inflation data…
Nike stock advances over 3% as Lutnick claims US-China talks going smoothly
Nike stock rises more than 3% as the market grows excited for China trade deal.Commerce Secretary Lutnick told reporters that the first day of talks had…
USD/JPY trades in a tight range as interest rate differentials, trade talks drive sentiment
USD/JPY remains supported above 144.00 as US-China trade talks remain in focus.Bank of Japan Governor Kazuo Ueda’s hawkish tilt limits Yen weakness.The US…