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Market Update

Gold Prices Fall as U.S. Tariff Threats and Strong Payrolls Data Weigh on Sentiment

Gold prices slipped in Asian trade on Monday, pressured by a steady U.S. dollar and the ongoing uncertainty surrounding U.S. trade policy. U.S. President Donald Trump’s latest tariff threats and stronger-than-expected payrolls data from last week dampened market expectations for a Federal Reserve rate cut in the near term, further …

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Weekly market wrap: FOMC minutes are looming amid trade fears

Three things dictated price action in financial markets last week, including reaching a trade deal between USA and Vietnam, positive US jobs data, and passing “the Big Beautiful Bill”. The recent appreciation of the U.S. dollar was driven by improving investor sentiment toward America’s trade outlook, supported by Friday’s robust …

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EUR/USD Holds Steady Amid Tariff Tensions, Eyes Turn to EU Economic Data

Modest Gains Amid Holiday-Thinned TradingThe EUR/USD pair edged up by 0.18% on Friday, trading at 1.1778, despite thin market liquidity due to the U.S. Independence Day holiday, according to The Independent. The modest gain, which contributed to a weekly increase of 0.53%, came as investors grappled with escalating tensions over …

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Gold Shines Amid Tariff Threats and U.S. Dollar Weakness

Gold (XAU/USD) climbed above $3,330, driven by a weakening U.S. Dollar and renewed concerns over U.S. fiscal sustainability following the passage of a major tax and spending bill. With U.S. markets closed for Independence Day, tariff uncertainties and the bill’s $3.3 trillion deficit impact have bolstered gold’s safe-haven appeal. The …

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