Dollar gains after Powell’s speech; euro retreats

Dollar gains after Powell’s speech; euro retreats
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Dollar gains after Powell’s speech; euro retreats
Source link
XAU/USD drops as strong US Dollar pressures Bullion; tariff uncertainty rattles markets. US core PCE dips in April, but strong data lifts yields, dampening Gold’s appeal. Trump accuses China of violating trade deal, reviving geopolitical and tariff concerns. Gold price slumped on Friday as the US Dollar recovered some ground despite witnessing a drop in…
FX market steady amid year-end lull; Fed minutes eyed Source link
As expected, the RBNZ lowered interest rates from 3.50% to 3.25% in their May decision, marking its sixth easing move since starting their rate cut cycle in August 2024. The official statement revealed that policymakers balanced domestic inflation pressures against mounting global economic uncertainties driven by escalating trade tensions. Key Takeaways: RBNZ reduced OCR by…
From the man on the street on Trump’s auto tariffs What is the end game on auto tariffs? Looking at President Trump’s auto tariffs I am glad that I got a car at the end of last year and did not wait until now. So, let me approach the auto tariffs, not as a trader…
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He…
This tool is a game-changer for traders using MetaTrader 4, offering a simple yet powerful way to analyze market trends. By providing real-time insights into momentum and price movements, this indicator helps traders make more accurate decisions, ultimately improving their success rate. In this article, we’ll explore how the Amazing Oscillator works, its features, and…