WTI oil price fell below psychological $70 support on Tuesday and hit the lowest levels in two months. Oil was down nearly 3% on renewed fears about the global economy and lower demand after the latest economic data showed that German economy contracted for the second straight quarter and US consumer confidence declined at the […]
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Key Highlights AUD/USD started a fresh decline below the 0.6300 support. A key bearish trend line is forming with resistance at 0.6275 on the 4-hour chart. EUR/USD is consolidating below the 1.0870 resistance zone. Gold Read more…
BoJ Governor Kazuo Ueda said today that the ramifications of US tariff policy remain “highly uncertain” and could significantly affect global trade. Speaking to Japan’s parliament, Ueda emphasized that the ultimate impact would depend on Read more…
Chicago Fed President Austan Goolsbee acknowledged in a Fox News interview that while hard data, like the low 4.1% unemployment rate, still point to economic resilience, soft data are painting a gloomier picture. Goolsbee highlighted Read more…