Forex News

On Friday, the Dow Jones Industrial Average (DJIA) experienced a shocking plunge, dropping nearly 1,000 points—a dramatic response that rattled investors. This swift downturn followed Israel’s unexpected military strikes on Iran, amplifying tensions in an already volatile geopolitical environment. With this upheaval, the week’s exuberant gains vanished, interrupting a four-day winning streak that had many
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As AUD/JPY hovers stubbornly around 94.50, market participants are left to grapple with mixed signals emanating from central banks and geopolitical events. The Australian Dollar has not been able to leverage the benefits of more favorable conditions from US-China trade discussions, signaling an underlying weakness that belies its potential. The strength of this currency pair,
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On a turbulent Wednesday, Donald Trump took to Truth Social, venting his frustrations with Federal Reserve Chairman Jerome Powell over the central bank’s policy decisions. His remarks followed the disappointing release of private sector payroll data by Automatic Data Processing (ADP), which showed an abysmal growth of just 37,000 jobs in May. This figure not
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Silver continues to demonstrate remarkable resilience, holding above the pivotal $34.54 threshold after experiencing a brief dip below the $34.00 mark. The recent fluctuations in the price of silver are worth examining, as they reveal a crucial interplay between market sentiment and economic indicators. Buyers quickly emerged to lift the price from its temporary lows,
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