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The Australian Dollar could face challenges due to rising trade tensions following President Trump’s tariff hike. The AUD could further decline amid rising geopolitical risks as Israeli PM Netanyahu warned to end the ceasefire in Gaza. The US Dollar may strengthen as Fed’s Powell signaled there is n

The Wall Street Journal has reported, citing unnamed sources, that Beijing is preparing an opening bid to try to head off greater tariff increases and technology restrictions from the Trump administration, indicating that China is keen to begin trade discussions. Even though the White House hit Chin

US Dollar Index still going strong The US Dollar (USD) Index recently presented strong technical confluence supporting a USD rebound, which aligns with the underlying macro narrative. Earlier last week, you may recall, I underscored the possibility of a USD bid on the following observations: Local m

XAU/USD Gold price posted new record high on Friday, following a probe through psychological $2800 barrier, in extension of Thursday’s 1.3% advance. The bullion benefited from fresh safe haven demand on renewed tariff threats from President Trump that the US would impose 25% duty on imports from Can

The Dow Jones tumbled during the overnight session before Monday’s opening bell. Trade war fears are back on the table after Trump gets into a political scuffle with Colombia. Fresh rate cut hopes are bolstering equities from early week lows. The Dow Jones Industrial Average (DJIA) dipped into the 4

EUR net short positions have increased, driven by an increase in short positions. GBP net positions have turned short for the first time since May 2024, driven by a decrease in long positions, Rabobank's FX analysts jane Foley and Molly Schwartz note. GBP has strengthens against USD "The EUR has per