April Nonfarm Payrolls beat consensus at 177K; Unemployment Rate steady at 4.2%, easing recession concerns. Trump pressures Fed to cut rates despite upbeat data; CBOT…
US NFP beats at 177K, but Fed seen delivering only three cuts instead of four. DXY drops 0.58% to 99.59, fueling demand for risk-sensitive currencies…
DJIA gains 0.62% as traders price in June Fed rate cut chances. Trump’s softened tone on China trade spurs risk-on rally near 40,000. Gold climbs…
DJIA jumps 1.8% to trade above 39,800 after Trump says Powell won’t be removed. The Wall Street Journal reports the US is weighing tariff cuts…
Hassett reveals Trump exploring legal options to remove Powell, reigniting concerns over Fed’s political independence. DXY drops 1.09% to March 2022 lows as equities slump…
GBP/USD soars above 1.3400 as threat to Fed’s independence batters US Dollar The GBP/USD pair rallies to near 1.3400 during European trading hours on Monday,…
GBP/USD jumps above 1.3400 as US President Trump’s threat to remove Fed Powell has dampened the US Dollar. Donald Trump slams Fed Powell for not…
Gold hits third record high this week as trade war escalates; Trump targets rare earth imports from China. DXY drops 0.83% to 99.17, boosting gold…
Gold rallies sharply as safe-haven demand surges on US-China tensions and collapsing Treasury yields. Trump’s tariff threat on pharmaceuticals and China’s Boeing ban add fuel…
XAU/USD rallies over 2% as investors flee to safety amid US-China tariff battle and inflation uncertainty. China hits back with 125% tariff after US raises…