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Mohamed Abdelhamid

GBP/USD Soars as US PPI Softens and Trump’s Powell Firing Rumors Spark Dollar Volatility

The GBP/USD pair surged 0.55% to 1.3454, propelled by a weaker-than-expected US Producer Price Index (PPI) and heightened market uncertainty surrounding President Donald Trump’s reported consideration of firing Federal Reserve Chairman Jerome Powell. The US Dollar Index (DXY), which tracks the dollar’s strength against a basket of major currencies, fell …

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Silver Flexes Bullish Muscle: Targeting Fresh Highs Amidst Soaring Demand

Silver has decisively broken through critical resistance levels, signaling the official onset of a robust bull market. Analysts pinpoint a convergence of bullish technicals, tightening supply-demand dynamics, and a pronounced historical undervaluation, all propelling silver towards a potential retest of its $50 per ounce historical high.While gold consistently hit records, …

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Nvidia’s AI Chip Sales, Inflation, and Earnings Drive Market Movements

Equity markets experienced mixed performance as key economic indicators and significant policy developments influenced investor sentiment. The Consumer Price Index (CPI) indicated accelerating inflation in June, major banks commenced earnings season with varied results, and a notable shift in trade policy regarding artificial intelligence (AI) chips emerged, prominently featuring Nvidia. …

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JPMorgan Shines Bright: U.S. Banks Drop Jaw-Dropping Q2 2025 Earnings

JPMorgan

The U.S. banking sector kicked off its second-quarter earnings season with a killer start, as major players like JPMorgan Chase, Citigroup, Wells Fargo, and Bank of New York Mellon unveiled results that had investors buzzing. Despite economic turbulence from President Donald Trump’s tariff policies and volatile markets, these financial giants …

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