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The Pound Sterling falls marginally to near 1.3580 against the US Dollar as Trump vows to push forward with new tariffs.Trump prepares to announce new tariff rates for over seven nations and indicated his intention to impose levies on copper and pharma products.Rising UK gilt yields pose long-term fiscal risks for the economy.The Pound Sterling (GBP) edges lower to near 1.3580 against the US Dollar during European trading hours on Wednesday, with the GBP/USD pair broadly stable after United States (US) President Donald Trump threatened a series of new tariffs on Tuesday.At the time of writing, the US Dollar Index…
These charts help to highlight some of the disconnects between the economic data, expectations and current market pricing that could create trouble for stocks later this year.
GBP/USD weakens as UK fiscal concerns continue to dampen demand for Sterling.Fed cautious rate cut hopes provide some support for the US DollarGBP/USD slips below the 20-day SMA at 1.3596, with the 50-day SMA providing support at 1.3480.The British Pound (GBP) is weakening against the US Dollar (USD) on Tuesday as markets look to news on trade developments, which is influencing the broader economic outlook.For GBP/USD, fiscal concerns in the United Kingdom (UK), combined with risks of a weaker economy, have pushed prices toward 1.3550 at the time of writing.While Federal Reserve (Fed) Chair Jerome Powell advocates for data-driven decisions…
The lack of full metrics make it difficult to assess any claims of service enhancements, analysts said
From Dollar Strength to Euro Surge Will the ECB Change Its Tune on the Euro’s Rise? The forex market in 2025 has flipped the script. Instead of strengthening on the back of the “Trump trade,” the U.S. dollar has tumbled, with the US Dollar Index (USDX) falling over 11% this year to a low of 96.38. At the center of the storm is EURUSD, otherwise known as the anti-dollar,the world’s most actively traded currency pair. It has rallied 16.6% off its 2025 low of 1.0146, hitting a high of 1.1830 (+14.3% year-to-date) with the the psychological 1.20 level looming…
MicroStrategy made news by not buying bitcoin in the latest week, marking its first pause in three months.
When most people think of gold, they picture shiny jewelry, solid bullion, or a reliable investment. But gold isn’t just for vaults and showcases, it’s quietly powering the devices and systems that drive our modern world. From smartphones to satellites, gold’s unique properties make it an indispensable material in technology. Why Gold is Ideal for Tech Gold isn’t just valuable because it’s rare, its physical properties are what make it a technological powerhouse. Unlike many other metals, gold is an excellent conductor of electricity and heat. It doesn’t corrode, oxidize, or tarnish, which makes it ideal for long-term use in…
USD/TRY gains ground amid renewed tariff concerns following the Trump’s warning to BRICS allies.President Trump threatened to impose an additional 10% tariff on BRICS nations, accusing the group of pursuing anti-American policies.The risk-sensitive Turkish Lira weakens amid escalating tensions in the Middle East.USD/TRY extends its gains for the second consecutive session, trading around 39.98, marking fresh all-time highs, during early European hours on Monday. The pair appreciates as the US Dollar (USD) receives support from risk-off mood, driven by the US President Donald Trump’s warning of extra 10% tariff on BRICS nations.President Trump posted on social media on Monday “Any…
“I’m 84 and widowed. My daughter is the beneficiary of my IRA and the successor trustee for my revocable living trust.”
EUR/USD edges up 0.18% in thin trading as traders digest Trump’s sweeping tariff plans and EU–US tensions mount.Trump confirms tariffs up to 70% to take effect August 1, targeting EU goods, including food.Bloomberg: EU carmakers seek tariff relief via US investment pledges.Light US calendar shifts focus to German industrial output and Eurogroup meeting next week.EUR/USD posted minimal gains of 0.18% on Friday amid thin liquidity conditions, as markets in the United States are closed due to the Independence Day holiday. The shared currency is poised to close the week with gains of 0.53% despite the release of solid US economic…