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Forex
Gold price edges lower as US, China agree to reduce tariffs, eyes on US CPI data
Gold price trades in negative territory around $3,235 in Tuesday’s Asian session. US and China agreed to de-escalate their trade war by lowering import tariffs…
China’s Presi. Xi: Tariff and trade wars produce no winners
Speaking at the opening ceremony of the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing on…
USD/JPY falls below 148.00 despite persistent uncertainty over BoJ’s policy outlook
USD/JPY retreats after gaining over 2% in the previous session.The BoJ’s latest policy summary underscores lingering uncertainty, suggesting a divergence of…
Australian Dollar remains subdued following Westpac Consumer Confidence Index data
The Australian Dollar depreciated as the US and China reached a preliminary agreement to significantly reduce tariffs after Geneva talks.Australia’s Westpac…
US Trade Rep. Greer: If things don’t work out, China tariffs can go back up
US Trade Representative Jamieson Greer said late Monday that China has agreed to remove countermeasures. However, if things don’t work out, China tariffs can…
EUR/USD takes a halting plunge, tests below 1.10 as key inflation data looms ahead
EUR/USD took a tumble on Monday, closing 1.4% lower a brief test below 1.1000.A (temporary) walkback of US-China tariffs bolstered risk appetite.Key US CPI…
Dow Jones Industrial Average moonshots on US-China tariff walkback
The Dow Jones soared over a thousand points from last week’s closing prices following opening US-China trade talks over the weekend.US tariffs on Chinese goods…
Forex Today: All the attention shifts to US Inflation data
In a very positive start to the new trading week, the Greenback edged sharply higher following a fresh bout of optimism on the trade front, all after the…
US Dollar rallies after US-China trade talks, Fed speakers
US Dollar Index posts over 1% gain after China and US announce a 90-day tariff truce.Fed’s Kugler says assessing economy remains difficult amid trade shifts…
Fed’s Goolsbee: New tariffs are certainly less stagflationary than previous path
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee took a cautionary stance on the ever-evolving trade stance of the Trump administration on…