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US Dollar Weakens Amid Hawkish Fed While EUR/USD Holds Strong as ECB Cut Looms – ForexNews.PRO
A hawkish statement from Powell did not boost the US dollar yesterday, as the currency market continues to heavily weigh the performance of risk assets against one another. The EUR/USD exchange rate is well-positioned to take advantage of the dollar’s unique weaknesses. We believe that today’s anticipated 25 basis point rate cut by the ECB…
#EURUSD: More to the Downside
#EURUSD: More to the Downside 🇪🇺🇺🇸 I see a strong bearish price action on 📉EURUSD on a 4h time frame. The price has set a new lower low lower close with a confirmed break of structure. I think the pair will continue to fall and reach 1.167 level soon. ————————— 4H time frame Join My…
US trade court strikes down Trump’s 10% global tariffs in 2-1 ruling | investingLive
A US trade court struck down Trump’s 10% global tariffs 2-1, ruling the duties were not justified under a 1970s trade law; the White House had cited a $1.2 trillion goods trade deficit as grounds. Summary: The US Court of International Trade ruled 2-1 against President Trump’s 10% global tariffs, finding they were not justified…
US Dollar Refuses to Retreat. Forecast as of 31.10.2024 | LiteFinance
2024.10.31 2024.10.31 US Dollar Refuses to Retreat. Forecast as of 31.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Following the release of upbeat data from Europe and a mixed batch of US statistics, EURUSD bulls have mounted a counterattack. However, it is worth questioning whether the divergence in economic growth still favors bears. Let’s discuss this topic and make a…
Mexico faces over half of Latin American cybercrimes due largely to US ties By Reuters – Forex Trader Hub
By Aida Pelaez-Fernandez MEXICO CITY (Reuters) – Mexico accounted for just over half of all cyber threats reported in Latin America in the first half of 2024, cybersecurity firm Fortinet (NASDAQ:) said in a study. WHY IT’S IMPORTANT As Mexico undergoes a nearshoring boom, in which companies shift production closer to their primary markets, cybercriminals…
