The longer Donald Trump remains at the helm of the United States, the more analysts conclude that the dollar will continue to fall for the foreseeable future
The longer Donald Trump remains at the helm of the United States, the more analysts conclude that the dollar will continue to fall for the foreseeable future
De-escalation of the trade war? I wouldn't rush to conclusions
The EUR/USD pair is confidently rising, approaching the boundaries of the 19 figure. The fundamental backdrop for the pair is shaping up in favor of further growth.
China is Gradually Getting Rid of Treasuries
Gold is currently in a consolidation phase following a significant increase, holding steady at high levels. The overall fundamental picture remains moderately positive; however, for the market to generate a new strong impulse, an additional trigger is needed. The current situation is characterized by stability, yet a breakout from the wide resistance zone between 5050.00 and 5150.00 could allow prices to make the next significant upward move.
Bullish traders retain the initiative in the market
Bullish traders maintain upward prospects
European Central Bank officials maintain a cautious tone, reaffirming a stable monetary policy. The pound remains under pressure amid political uncertainty in the United Kingdom.
Falling real wages in Japan reduce expectations of an immediate Bank of Japan rate hike and limit the Japanese yen's upside
Gold purchases by China, a dovish Fed stance, and moderate U.S. dollar weakness continue to support the precious metal's price