Euro risk under appreciated as Trump may drop 'tariff bomb' on EU in coming weeks
Euro risk under appreciated as Trump may drop 'tariff bomb' on EU in coming weeks
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Euro risk under appreciated as Trump may drop 'tariff bomb' on EU in coming weeks
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Today, the US Dollar Index rose above the 98.70 level for the first time since the third week of January. Monday’s trading opened with a bullish gap, and upward momentum continues to build as news emerges of a major escalation in the Middle East: → Demand for safe-haven assets: Historically, the US dollar and US…
BERLIN (Reuters) – Volkswagen (ETR:) and labour unions are nearing an agreement to restructure the brand without closing factories in Germany, Bloomberg reported on Thursday, citing people familiar with the matter. The management is willing to keep plants running and restore job security agreements until 2030 in exchange for workers foregoing bonus payments, the sources…
2025.08.01 2025.08.01 XAU/USD: Elliott Wave Analysis and Forecast for 01.08.25 – 08.08.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 3442.25 with a target of 3120.00 – 2950.00. A sell signal: the price holds below 3442.25. Stop Loss: above 3475.00, Take Profit:…
ROME (Reuters) – Italy’s Industry Minister Adolfo Urso announced a deal on Tuesday to avert 249 layoffs at suppliers to Stellantis (NYSE:), saying he hoped the breakthrough would help repair strained relations with the carmaker. Stellantis and Italy’s government have been at loggerheads for months, with politicians in Rome accusing Fiat (BIT:)’s parent company and…
Bullish momentum in the EURJPY market seems to have slowed significantly after the price action crossed the 162.00 level. This appears to be the aftermath of a sharp decline in Asian stocks, combined with a hint from ECB policymaker Peter Kazimir. Let’s try to pick up cues about possible market direction below. Key Price Levels:Resistance…
In the dynamic world of forex trading, understanding economic indicators in forex is essential. These indicators serve as critical tools that help traders gauge the overall health of an economy. They offer insights into potential currency movements and allow traders to make more informed decisions. By analyzing economic indicators in forex, you can position yourself…