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Wall Street rebound fails to catch on as global equities mixed. But the dollar extends gains amid confusion about incoming tariffs. Oil edges higher on Trump’s tariff on Venezuela, gold up...
Dollar Ignores Powell’s Dovish Soundbites The US dollar has been on a positive footing since the March FOMC meeting, as Fed Chair Jerome Powell downplayed the risk of a recession while maintaining...
The EUR/USD pair is trending downward, approaching 1.0829 on Friday as investors evaluate the latest developments in US Federal Reserve monetary policy. Key Drivers Behind EUR/USD Movement On...
Gold Corrects Slightly, but Bullish Trend Remains Intact The gold (XAU) price retreated slightly by 0.09% on Thursday after reaching a record peak in the previous trading session. Gold's bullish...
Fed keeps rates unchanged as Chair Powell calms markets Forecasts point to stagflation and 50bps cuts in 2025 Positive equity reaction, but Trump’s rhetoric could reverse sentiment BoE in the...
Gold Rally Doesn't Lose Bullish Momentum The gold (XAU/USD) price gained 0.44% on Wednesday, fuelled by the prospect of Federal Reserve (Fed) rate cuts and safe-haven buying due to trade tariffs...
Summary The easy gains from increased fiscal spending in Europe and the potential end to the war in Ukraine have likely already been made for EUR/USD and GBP/USD, meaning it may now come down to...
Traders and economists confidently expect the Fed to leave interest rates unchanged in the 4.25-4.50% range. Upside risks to the Fed’s inflation forecast are likely to hamstring Jerome Powell and...
Market pricing suggests some dovish tweak in the Fed communication today, but we think Chair Powell will want to see hard evidence of a slowdown and will remain cautious for now. The US dollar can...
Strong Safe-Haven Demand Pushes Gold Towards New Highs The gold (XAU) price rose 1.08% on Tuesday and reached another all-time high of $3,034, according to Saxo Bank. Safe-haven demand fuelled by...
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