Market sentiment stays positive despite ongoing uncertainty over US President Trump's trade tariffs.
Growing doubts about Trump’s tariff stance, rising hopes for Ukraine-Russia peace, and cautious optimism about Gaza boost market sentiment.
US President Donald Trump’s delayed ‘reciprocal’ tariffs joined escalating hopes of a trade deal between the US and Asian majors to tame the market’s fears about a trade war.
Wednesday's strong US CPI supported the Fed’s slower rate cuts, but Fed Chair Powell's unimpressive testimony 2.0 and a rising US budget deficit weighed on the dollar.
EURUSD initially surged on optimism over Ukraine-Russia peace talks but lost momentum as the US Dollar strengthened ahead of key US CPI data.
Trump’s announcement of 25% tariffs on steel and aluminum imports, with no exemptions or exceptions, sparked concerns about a potential trade war on Monday.
USDJPY justifies Friday’s Doji candlestick while recovering from a two-month low.
US President Trump’s peace plan for Ukraine, tax priorities, and a missing aircraft near Alaska reignited geopolitical tensions, halting the US Dollar’s fall.
A lack of major risk-negative tariff news helped improve sentiment and put pressure on the US Dollar.
China's mild response to US tariffs and easing geopolitical tensions in Gaza and Ukraine helped boost market sentiment on Tuesday.
Monday saw volatility as the US Dollar surged due to news of Trump's tariffs on Canada, Mexico, and China.
US President Donald Trump has officially launched his long-discussed tariff war with Canada, Mexico, and China.
