USD/BRL appreciated as Trump announced a 50% tariff on Brazilian imports, up from the previous 10% rate.President Trump defended his decision by accusing Brazil of engaging in unfair trade practices.The recent FOMC Meeting Minutes suggested … [Continue reading]
Crypto Gainers Price Prediction: WIF, SPX, XLM – Meme coins shine as Bitcoin hits record high
Dogwifhat breaks out of a falling channel with a double-digit rise on Wednesday, eyes further gains. SPX’s triangle breakout rally is at a crucial crossroads near the $1.56 resistance. Stellar exits a triangle pattern, reaching a monthly … [Continue reading]
GBP/USD muddles through another tariff-heavy day
GBP/USD remains stuck near 1.3700 as ambiguous market risks pile up.Cable traders remain largely on-balance, but Greenback flows could return at any moment.A fresh batch of tariff threats atop another tariff delay is mixing poorly, hamstringing … [Continue reading]
US Dollar eases as Fed Meeting Minutes flag possible rate cuts later in the year
The US Dollar steadies with a bullish tone amid trade tensions and cautious sentiment ahead of the FOMC meeting minutes.US President Donald Trump confirms 50% tariffs on copper, warning that pharmaceutical imports could face a 200% duty.The technical … [Continue reading]
Fed Minutes Preview: Rate cut signals expected amid tariff volatility
The Minutes of the Fed’s June 17-18 policy meeting will be published on Wednesday.Details surrounding the discussions on the decision to keep policy settings unchanged will be scrutinized by investors.Markets see virtually no chance of a 25 bps Fed … [Continue reading]
USD/JPY retreats from 147.15 as risk aversion eases ahead of the FOMC Minutes
The US Dollar fails to break above 147.00 and gives away gains as risk aversion fades. Hopes of a trade deal between the US and Japan are providing some support to the Yen. Later today, the US FOMC Minutes will provide additional guidance for the US … [Continue reading]
USD/CHF strengthens above 0.7950 amid confusion over tariff policies
USD/CHF attracts some buyers to near 0.7975 in Wednesday’s early European session. Trump said a 50% tariff on copper imports is coming and threatened levies on pharmaceuticals. The release of the FOMC Minutes will take center stage later on … [Continue reading]
WTI gains ground above $67.00 amid renewed Red Sea attacks
WTI price drifts higher to around $67.15 in Wednesday’s early Asian session. Simmering Red Sea conflict boosts the WTI price. Crude oil stockpiles in the US unexpectedly rose by 7.1 million barrels last week, said API. West Texas … [Continue reading]
Dow Jones Industrial Average churns with Trump’s new tariffs and “firm” deadlines
The Dow Jones churned the charts on Tuesday as investors continue to await clarity.Second verse, same as the first: Trump says new tariff deadline will not be canceled or extended.Additional double-digit tariff levels have been announced by Trump, … [Continue reading]
United States 52-Week Bill Auction: 3.925% vs previous 3.94%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]