The EUR/USD pair is holding onto slight gains above 1.0300 on Tuesday, after a decline earlier in the day. Market participants are hesitant as they await developments regarding potential reciprocal tariffs and Federal Reserve Chairman Powell’s upcoming testimony.Euro’s Latest News:• EUR/USD rises as the US dollar weakens before Chairman Powell’s …
Read More »Coca-Cola Surpasses Earnings Expectations as Higher-Priced Beverages Drive Sales
Coca-Cola’s fourth-quarter earnings exceeded expectations, as the company’s strategy of encouraging consumers to buy higher-priced beverages fueled an unexpected rise in sales volume. The strong performance sent shares higher in premarket U.S. trading on Tuesday. The beverage giant (NYSE: KO) has introduced slimmer 12-ounce cans in the U.S. to boost …
Read More »Powell to Testify as Fed Navigates Economic Uncertainty Under Trump Policies
Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday, addressing an economy at full employment, cooling inflation, and significant uncertainty surrounding the evolving trade and fiscal policies of the Trump administration. Since Powell’s last testimony before Congress, Trump’s election has introduced the prospect of …
Read More »European Markets Trade Cautiously Amid U.S. Tariff Concerns
European stock markets fluctuated within tight ranges on Tuesday, as investors weighed the impact of U.S. tariffs on global growth and corporate earnings. DAX (Germany): -0.2% CAC 40 (France): +0.2% FTSE 100 (UK): +0.2% Key Market Drivers: U.S. Tariffs Raise Uncertainty Trump’s 25% tariffs on steel and aluminum raise fears …
Read More »Gold Hits Record Highs as Safe-Haven Demand Surges
Gold prices soared to fresh record highs in Asian trade on Tuesday, driven by escalating trade war fears and geopolitical tensions under U.S. President Donald Trump. Spot gold reached a record high of $2,942.69/oz. Gold futures peaked at $2,968.39/oz before slightly retreating. Key Market Drivers: U.S. Trade Tariffs Spark Economic …
Read More »Dow Jones gradually loses upward momentum 11/2/2025
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Read More »USD/JPY continues to creep negative 11/2/2025
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Read More »GBP tests support 11/2/2025
Oil, Crude, trading
Read More »Oil is trying to recover 11/2/2025
U.S. crude oil futures extended their gains, finding support at $70.90 and reaching a session high of $72.57 per barrel. Technical Outlook: The 4-hour chart shows that simple moving averages are supporting the price from below, offering a positive momentum boost. Oil has stabilized above $72.30, reinforcing the potential for …
Read More »Gold hits record highs 11/2/2025
Gold continues to post record highs, extending its longest winning streak since 2020, reaching $2942 per ounce during early trading today. Technical Outlook: The 4-hour chart shows that simple moving averages continue to support an upward trajectory. However, gold is facing resistance at $2942, aligning with the upper boundary of …
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