Dow Jones futures drop 0.28% with Trump’s copper tariffs weighing on risk appetite. Higher copper prices will affect all industries, increase inflation, and probably cause…
Bullish view Buy the GBP/USD pair and set a take-profit at 1.3750. Add a stop-loss at 1.3500. Timeline: 1-2 days. Bearish view Sell the GBP/USD…
CB Consumer Confidence Index declined by 5.4 points to 93 in June. USD Index stays deep in negative territory below 98.00. Consumer sentiment in the…
Eurozone investors’ morale bolstered in June. EUR/USD stays offered at around 1.1400 after the Eurozone data. The Eurozone Sentix Investor Confidence Index jumped sharply to 0.2 in June…
Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday, “we will raise interest rates if we have enough confidence that underlying inflation nears 2%…
The Australian Dollar holds ground ahead of the second meeting between US-China advisors on Tuesday. Australia’s Westpac Consumer Confidence increased 0.5% MoM in June, down…
AUD/USD firms above prior psychological resistance, now support at 0.6500. China’s positive trade data and trade negotiations with the United States contribute to AUD strength. …
– US CB Consumer Confidence Index rebounds in May. – The US Dollar Index clings to daily gains around the 99.40 region. In May, US…
EUR/GBP trades flat around 0.8390 in Tuesday’s early European session. Optimism surrounding the EU-US trade deal could support the Euro in the near term. Stronger-than-expected…
As market players digested news that President Trump backpedalled on his threats of levying 50% taxes on European products, the US Dollar (USD) stayed on…