Dollar gains on trade optimism ahead of Fed decision

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The major US stock indices are closing lower with the broader indices down over 1.3% and the Dow 30, down -0.95%. Looking at the closing levels: Dow industrial average -453.19 points or -0.95% at 47501.55 S&P index -90.69 points or -1.33% at 6740.02. NASDAQ index -361.31 points or -1.59% at 22387.68. Russell 2000 of small-cap…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

Yesterday, it was revealed that Donald Trump plans to introduce new 25% tariffs on cars not manufactured in the United States. This duty will be added to existing tariffs and is set to take effect on 2 April. The White House believes that these measures will support the US economy and, in the long term,…