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Author
Ahmed Ashraf
Technical Analyst & Economic Researcher at LDN Global Markets
The US dollar declines following inflation data
Daily Technical Report To : DOLLAR INDEX
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Oil soar on Back of US-China Trade Talks
Oil prices climbed noticeably on Tuesday, driven by investor optimism about ongoing US-China trade talks in London. This cautious optimism that easing trade tensions could boost global economic growth and improve fuel demand pushed Brent…
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Euro zone growth slowed in May as services weakened
European markets open slightly higher amid cautious sentiment, driven by expectations of fresh monetary easing by the European Central Bank.Investors are closely watching whether the ECB will proceed with another interest rate cut,…
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Dollar falls on expectations of deeper Fed rate cuts
The U.S. Dollar Index (DXY) has experienced a sharp decline over the past few months, dropping to the 101 level a level Morgan Stanley had forecasted for the end of 2024 but which was reached earlier than expected. This decline reflects the…
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Pressure on European stocks due to Trump’s tariff threats
U.S. President Donald Trump announced an increase in tariffs on imported steel and aluminum to 50%, reigniting fears of a full-scale trade war. China quickly rejected the U.S. accusations of violating the Geneva trade agreement and…
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U.S. court halts most tariff hikes, but Trump may reinstate them using other powers
In a significant legal development that redefines the contours of U.S. trade policy, the U.S. Court of International Trade has ruled to nullify former President Donald Trump’s plan to impose sweeping tariffs on imports from Canada, China,…
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New surge in oil prices following Donald Trump’s tariff restrictions
Daily Technical Report To : USOIL
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Bitcoin holds steady at $109K supported by 2025 conference
Over the past few days, Bitcoin has been trading near its record highs, holding steady in the $109,000–$110,000 range, after reaching an all-time high of $112,000. The recent profit-taking did not lead to a sharp correction, reflecting the…
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U.S. Economic Data Supports Dollar Strength
Daily Technical Report To : DOLLAR INDEX
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