February 11, 2025
Oil prices advance despite concern over more US tariffs
Oil prices rebounded despite lingering fears over a potential global trade war after U.S. President Donald Trump’s latest tariff plans, this time targeting steel and aluminium. The Oil-Dollar pair exploded 1.5% in the last session. According to the Stochastic-RSI, we are in an overbought market.Support: 69.899 | Resistance: 73.86
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February 11, 2025
Gold soars beyond $2,900 as Trump threatens fresh tariffs
Gold prices continued their record rally on Monday and broke through the key $2,900 level for the first time, driven by safe-haven demand as U.S. President Donald Trump’s new tariff threats amplified trade war and inflation concerns. The Gold-Dollar pair exploded 1.2% in the last session. The Ultimate Oscillator is giving a positive signal.Support: 2831.6 […]
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February 6, 2025
Dollar slides as trade war risk recedes, yen rallies
The U.S. dollar fell to its lowest in more than a week as investor nerves about a global trade war abated, while the Japanese yen rallied on the back of strong wage data. Euro rose slightly after dropping to start the week.
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February 6, 2025
Gold adds to rally as trade war anxiety lifts demand
Gold prices continued their record run, as investors sought the safe-haven asset amid escalating concerns about a U.S.-China trade war and the potential impact on economic growth. The Gold-Dollar pair exploded 1.0% in the last session. The ROC is giving a positive signal.Support: 2798.8 | Resistance: 2926.3
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February 6, 2025
S&P 500, Dow rise as investors digest earnings, rate cut prospects
The S&P 500 and the Dow rose, as investors started to brush off disappointing Alphabet earnings and weighed the prospect of future interest rate cuts from the U.S. Federal Reserve. Google-parent Alphabet dropped 7.3% after posting downbeat cloud revenue growth.
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February 5, 2025
US dollar edges lower as China tariffs kick in
The U.S. dollar edged lower as President Donald Trump’s tariff threats were interpreted more as a negotiating tactic rather than an end goal, a day after he suspended planned measures against Mexico and Canada.
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