Dollar slips after Powell’s speech; euro finds support

Dollar slips after Powell’s speech; euro finds support
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Dollar slips after Powell’s speech; euro finds support
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Welcome to the iPhone 17 Pro Max Era! The iPhone 17 Pro Max is here, and people have feelings. Big feelings. It’s bold, shiny, and expensive. So naturally, we have to ask: is the iPhone 17 Pro Max just a fancy status symbol? Or is it really worth the hype and your hard-earned cash? That’s…
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The US Dollar holds ground above 108.00 as traders await weekend tariff announcements. Trump threatens 100% tariffs on BRICS nations if they challenge the US Dollar in global trade. US PCE inflation data shows steady price pressure, reinforcing the Fed’s cautious stance. The US Dollar Index hovers near 108.50, marking a fresh weekly high. The…
When traditional interest rates fall to zero, central banks don’t stop influencing the economy. They simply become invisible. This is where the shadow rate comes in. The shadow rate is a powerful concept that measures the true stance of monetary policy when official rates can no longer go lower. It plays a critical role in…
The pound sterling holds a bearish bias as the dollar benefits from its renewed safe-haven demand. Analysts suspect the Pound could revive its bullish momentum if the US CPI data turns out softer. Traders look forward to the US CPI and comments from President Trump for further policy cues. The GBP/USD outlook shows the pair…
On 10 July, we noted strong selling pressure above the $130 per share level. Since then, the price has dropped by approximately 22%. Losing more than a fifth of its market value seems like a serious issue, but it’s not as bad as it might appear, especially with emotions running high amid fears of a…