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Forex
BoJ’s Ueda: US tariffs likely to push up US inflation
Bank of Japan Governor Kazuo Ueda said early Wednesday that US tariffs are likely to push up US inflation in the near term but could weigh on US prices…
WTI remains capped below $71.00 as Trump’s tariffs loom
WTI price drifts higher to near $70.95 in Wednesday’s early Asian session.
Trump threatened Russia with oil tariffs if Moscow tried to block efforts to end…
US Treasury Sec. Bessent says Trump will announce a maximum for tariffs, countries can then bring them down
US Treasury Secretary Scott Bessent said late Tuesday that the amounts announced on Wednesday are the highest the tariffs will go. However, countries could…
EUR/USD Price Analysis: Pair holds near 1.0800 as mixed technical signals stall further momentum
EUR/USD trades near the 1.0800 zone after the European session, keeping within Tuesday’s intraday range.
Momentum indicators send mixed signals, with…
Is the Semiconductor index ready to rally?
Despite the prevailing bearish sentiments of the day, which should never be given in to, the Semiconductor Index (SOX) appears ready to rally. We will…
Mexican Peso firms up as weak US data cools the US Dollar
Mexican Peso gains 0.53% despite weak Mexican data, supported by broad USD softness after gloomy US data.
Markets now price in 79 bps of Fed rate cuts by…
Dow Jones Industrial Average flattens as markets pump the brakes on pre-tariff volumes
The Dow Jones roiled on Tuesday as markets brace for tariffs.
US business survey indexes contracted for a second straight month.
US tariffs are expected to…
US Dollar wavers as soft data dims economic outlook
DXY trades near the 104.20 zone after mixed reaction to PMI and Job Openings data.
Manufacturing activity contracts and hiring slows, keeping stagflation…
Johnson & Johnson stock sinks back to 200-day moving average on third talc verdict
Johnson & Johnson stock sold off over 5% on Tuesday.
A Texas court stopped the company from allowing its talc subsidiary to file for bankruptcy.
This…
Pound Sterling Price News and Forecast: GBP/USD steady near 1.2920
GBP/USD steady near 1.2920 as weak ISM and tariff fears pressures US Dollar
The Pound Sterling trades with minuscule losses against the US Dollar following…