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Forex
Dow Jones Industrial Average declines as traders revolt against Trump tariffs
The Dow Jones is struggling to find its feet after steep overnight losses.
US equities have taken a haircut after the Trump administration’s tariff…
Is the S&P500 in a bear market?
Yesterday’s “Liberation Day” took the market hostage today as the Trump Administration introduced counter-tariffs that were higher than expected. People are…
Fed’s Jefferson warns Fed is not in a rush to change rates
Federal Reserve (Fed) Board of Governors Vice Chair Philip Jefferson had the dubious honor of being the first high-profile Fed speaker out of the gate after…
Fitch Ratings warns of lower growth, higher inflation, and less Fed rate cuts in 2025
The Fitch Ratings agency downgraded its expectations for United States (US) Gross Domestic Product (GDP) growth in 2025 on Thursday, specifically highlighting…
Amazon stock craters nearly 10% as Trump tariffs take toll on market
AMZN shares sold off as much as 9.7% on Thursday following the onset of US tariffs.
President Donald Trump announced sweeping tariffs against all foreign…
EUR/USD rallies as US Dollar bleeds after Liberation Day
EUR/USD soars to near 1.1145 as the US Dollar has been hit hard by Trump’s reciprocal tariffs announcement.US President Trump has announced 20% reciprocal…
US ISM Services PMI drops to 50.8 in March
ISM Services PMI dropped to 50.8 in March.US Dollar stays under heavy selling pressure in multi-month lows.Economic activity in the US service sector eased…
BA Elliott Wave technical analysis [Video]
BA Elliott Wave analysis
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave 1 of (3).
Direction: Upside into wave 3.…
Gold price face selling pressure while markets digest harshest tariffs in over a decade’s time
Gold price slips to $3,125 in a volatile trading session for the precious metal and other asset classes. Markets are all over the place after US President…
EUR/USD: Bias for EUR is on the upside – UOB Group
Outlook is unclear; Euro (EUR) could continue to trade in a choppy manner vs US Dollar (USD), probably between 1.0810 and 1.0955. In the longer run, bias for…