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Forex
Australian Dollar depreciates due to escalated trade war tensions
The Australian Dollar loses ground as Trump plans to impose a 25% tariff on all steel and aluminum imports.
The AUD faced challenges as China's retaliatory…
GBP/USD holds below 1.2400 on firmer US Dollar
GBP/USD softens to around 1.2390 in Monday’s Asian session, losing 0.14% on the day.
Trump said he will announce reciprocal tariffs on many countries this…
Gold Price Forecast: XAU/USD extends upside above $2,850 on trade war tensions, China’s buying
Gold price gains momentum to around $2,865 in Monday’s early Asian session.
Trump will announce reciprocal tariffs on many countries next week.
China’s…
AUD/USD faces some selling pressure to near 0.6250 amid trade war threat
AUD/USD weakens to around 0.6245 in Monday’s early Asian session.
Trump announced a 25% tariff on steel, aluminum imports.
US Nonfarm Payrolls rose by…
US President Donald Trump: I will announce reciprocal tariffs next week on many countries
United States (US) President Donald Trump hit social media hard on Friday, noting through a series of posts that his plans to execute widespread tariffs on…
Fed’s Kugler: Inflation has firmed and neutral rates have risen
Federal Reserve (Fed) Board of Governors member Adriana Kugler noted on Friday that US growth and economic activity remain healthy overall, but noted that…
Dow Jones Industrial Average plunges 400 points as trade war fears supplant NFP print
The Dow Jones shed 400 points after US NFP figures missed the mark.
US consumer inflation fears rose, while their outlook deteriorated.
US President Donald…
US President Donald Trump: We are going to work out the trade deficit with Japan
United States (US) President Donald Trump hit newswires for a second time on Friday, during a news conference with Japanese Prime Minister Shigeru Ishiba.…
Silver Price Analysis: XAG/USD retreats from weekly highs, falls beneath $32.00
Silver retreats over 1% from $32.64 as rising US Treasury yields undermine gains.
Technical outlook suggests consolidation possible between $31.00 and…
Mexican Peso slumps, vulnerable to further Banxico’s easing
Mexican Peso treads water as inflation figures hint at further easing by Banxico.
Despite US payrolls falling short, a lower unemployment rate boosts the…