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Five major events to happen in the global market this week
Will US President Donald Trump reach an agreement or impose tariffs this week? Various economic data will compete with headlines from the White House. 1. Trade war with the EU is temporarily avoided, focusing on deals with Asian countries. President Trump thre...
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Gold hits a month low, Trump threatens tariffs again
Basic news Last Friday (May 23), US President Trump recommended 50% tariffs on European goods, reopening a new front for global trade tensions and triggering a new wave of market uncertainty. Investors are seeking safe haven in gold, with gold rising more than...
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Trump sends tariff threats again, dollar hits a month low
In the Asian session on Monday, the US dollar index fluctuated and fell, and the US dollar fell across the board last Friday after US President Trump once again threatened to escalate the trade war and suggested adding 50% tariffs on the EU from June 1, and in...
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Has the market underestimated the rebound potential of the yen?
XM Forex APP News - During the European session on Friday (May 23), the weak dollar tended to decline against the yen, and the price remained near the two-week low hit the previous day. Japan‘s higher-than-expected consumer inflation data reaffirmed the Bank o...
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The dollar index struggles around 99.949, rising yields and pressures for foreig
XM Forex APP News - During the US session on Thursday (May 22), the US dollar index slightly higher than the key short-term pivot point of 99.949, slightly rebounding from the two-week low of 99.333. Even though the price trend seems to stabilize, traders are ...
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Trump demands the EU to cut tariffs, analysis of short-term trends of spot gold,
Global Market Review 1. European and American market trends The three major U.S. stock index futures fell. Dow futures fell 0.23%, S&P 500 futures fell 0.23%, and Nasdaq futures fell 0.30%. The German DAX index fell 0.06%, the UK FTSE 100 index fell 0.04%, the...
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Gold prices approach two-week highs in U.S. fiscal concerns put pressure on the
On May 23, the US dollar (USD) struggled to hold its competitors‘ positions on Friday after a slight gain on Thursday. The European Central Bank (ECB) will release the first-quarter agreement wage rate data. Later that day, April new home sales data will be th...
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The number of initial requests from the United States unexpectedly dropped, and
The dollar index stopped its previous three-day decline on Thursday, with U.S. President Trump‘s huge tax cuts and spending bill passing the House of Representatives, and investors breathed a sigh of relief. Meanwhile, the euro weakened after the euro zone rel...
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