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Author

Ahmed Ashraf
Technical Analyst & Economic Researcher at LDN Global Markets
Asian currencies steady, yen rises on rate hike expectations
The U.S. dollar began the week under clear pressure following President Donald Trump's decision to postpone tariffs on European Union imports until July 9, after a phone call with European Commission President Ursula von der Leyen. Markets…
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Citi Bank raises its gold price forecast to $3,500 due to trade tensions
Gold prices opened the week with a slight decline, giving back part of the gains recorded in the previous week. This pullback came after U.S. President Donald Trump announced a postponement of the planned 50% tariffs on European Union…
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Bloomberg: OPEC+ considers increasing oil production in July
Multiple sources indicate that the OPEC+ alliance is engaged in serious consultations about implementing an additional oil production increase starting in July. According to Bloomberg, one of the proposed options is to raise output by…
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Bitcoin soars above $111,000 for the first time in its history
Daily Technical Report To : BTCUSD
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Dollar extends losses as sterling rises on strong inflation data
The U.S. dollar continued its downward trend throughout the week, weighed down by a combination of political and economic factors that have weakened its appeal in global markets. Chief among these is the stalling of President Donald Trump’s…
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Bitcoin jumps to $106.2K supported by the crypto law in the Senate
Bitcoin has seen a notable rise, driven by a significant development in U.S. legislation related to stablecoin regulation, as the Senate approved a bill that sets clear rules for the digital asset market. This legislative progress boosts…
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Trade uncertainty pushes gold to its highest level in 9 days
Daily Technical Report To : GOLD
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European stocks decline due to the U.S. credit rating downgrade and China’s data
European stock indices ended a five-week winning streak, with the STOXX 600 index declining by 0.5%, signaling a loss of the upward momentum that had previously dominated the market. This pullback comes in a context marked by…
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U.S. credit rating downgrade leads to a decline in the Dow Jones index
Daily Technical Report To : DOWJONES
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