German investor morale falls at the fastest pace since early 2022 in April – ZEW
The data from ZEW economic research institute released on Tuesday, showed that German investor morale fell to -14 in April, compared to rise to 51.6 points previous month and well below expectations for rise to 10.6 points.
April’s…
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GBPUSD – bulls test again 1.3200 barrier, eye UK data for fresh signals
Cable remains well supported at the start of the week and extends steep ascend into fifth consecutive day.
Bulls crack 1.3200 barrier again (following last attempt and false break higher on April 3) but is likely to face headwinds at…
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Dollar index – limited upticks to precede fresh push lower
The dollar edges higher on Monday as larger bears show signs of fatigue following last week’s massive losses.
Weekly close below psychological 100 support (also near Fibo 61.8% of 89.15114.72 uptrend) and probe below the floor of larger…
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Safe haven Swiss franc hits the highest levels in a decade vs US dollar as trade war escalates
USDCHF fell to the lowest in ten years on Friday as safe-have Swiss franc shined on strong migration into safety, sparked by escalation of US-China trade war.
Friday’s drop of 1.7% until early US trading comes in extension of nearly 4%…
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Gold rises above $3200 on trade war escalation
Gold surged above $3200 and hit multiple record highs on Friday, fueled by fresh rise in safe haven demand on growing worries over escalation of trade war and weaker dollar.
The latest decision of President Trump to put all tariffs on…
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US inflation falls below expectations in March, but risks to remain shifted to the upside
Inflation in the US fell by 0.1% month on month in March compared to 0.2% increase in February, while annualized CPI fell to 2.4% after rising 2.8% previous month and below 2.5% consensus.
Lower energy costs were among the main…
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S&P rose sharply on tariff policy U-turn but more work at the upside is still needed to…
S&P500 edged lower on Thursday after rallying 10.2% previous day (the biggest daily gains in over a decade).
Unexpected decision of President Trump to put heavy tariffs on a number of countries on hold for 90 days, revived optimism…
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EURGBP extends steep ascend into fifth straight day
EURGBP holds in steep ascend for the fifth consecutive day, strongly supported by rising risk aversion on the latest escalation of trade war, as Euro turned to safe haven asset (along with yen and Swiss franc) on weakening dollar.
Fresh…
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USDJPY reruns to full bearish mode on fresh risk aversion
Bears returned to play and fully reversed the recent bounce from new multi-month low (144.55), with strong bearish signals being developed on daily chart (double recovery rejection / bull-trap above converged daily Tenkan/Kijun-sen).…
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Oil falls to four-year low as escalating trade war further sours the sentiment
WTI oil spiked to new low on Wednesday ($56.70, the lowest since January 2021), as deteriorating global economic outlook continues to deflate oil prices.
The latest package of US import tariffs on China goods (104%) further fueled global…
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