Dollar gains after Fed meeting; sterling fails to gain from trade deal talk

Dollar gains after Fed meeting; sterling fails to gain from trade deal talk
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Dollar gains after Fed meeting; sterling fails to gain from trade deal talk
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Written by FP Markets Chief Market Analyst Aaron Hill Front page news this morning focussed on the ceasefire between Israel and Iran, first announced by US President Donald Trump on his Truth Social platform. However, reports recently emerged of Iran firing missiles, seemingly violating the ceasefire, but no confirmation has been received yet. The point…
Dollar weakness remains top trade conviction, BofA survey shows Source link
AUD/CAD is heading for a multi-month resistance zone! Think the pair taps the ceiling again and stalls out for another day? Or are we seeing the early signs of an upside breakout? AUD/CAD 4-hour Forex Chart by TradingView Positive Australian data and the market’s relatively less dovish view of the Reserve Bank of Australia’s (RBA)…
SIL (Silver Miners ETF) is a financial instrument crafted to track the performance of silver mining companies. It provides investors with a convenient avenue to tap into the silver market without the need to acquire physical silver or individual mining stocks directly. By distributing investments across various companies in the sector, SIL helps diversify risk,…
Fundamental Overview Gold had a positive day on Friday as it found support from the risk-off sentiment caused by Trump’s threat of substantially increasing tariffs on China. Over the weekend, we had more soothing comments from Trump and other US officials which triggered a recovery in risk sentiment. Despite the positive risk sentiment, gold started…
The (Brent) price settled with sharp decline in its last intraday trading, to reach $60.75, which represents our expected target in our previous analysis, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend on the short-term…