Sterling today: Pound gains as Iran ceasefire sparks dollar retreat
Sterling today: Pound gains as Iran ceasefire sparks dollar retreat
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Sterling today: Pound gains as Iran ceasefire sparks dollar retreat
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The euro has weakened at the start of the new week. EUR/USD slumped over the weekend and dropped as low as 1.0141, its lowest level since Nov. 2022. The euro has recovered somewhat on Monday and is trading at 1.0277 in the North American session. Still, the euro has dropped 0.76% since Friday’s close. US…
The markets are buzzing after President-elect Donald Trump announced sweeping tariff plans targeting imports from Canada, Mexico, and China. With promises of a 25% tax on products from neighboring countries and a 10% tariff on Chinese goods, the policy aims to curb illegal immigration and drug trafficking while also addressing trade imbalances. For traders, this…
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate,…
Launch Offer FREE until October 10thDownload now at no cost during launch period.Early adopters get lifetime access. The Problem Every Gold Trader Knows You wake up at 3 AM to catch the London open. Your strategy worked beautifully in backtests. The indicators aligned perfectly. You placed the trade. Then XAUUSD does what it always does:…
Japan Leading Index (Aug) Actual: 106.7 🔴 Expected: 107.2 Previous: 109.3 Leading Index Actual: -2.6% Previous: 0.2% Coincident Indicator (MoM) Actual: -3.7% Previous: 3.1% This article was written by Ryan Paisey at www.forexlive.com. Source link
Asia FX muted, dollar pressured by Greenland tariff concerns Source link