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Trump’s Tariffs the EU’s Fragile Unity and the Bigger Forex Picture Understanding the EU and tariffs with forecasts for the EurUsd and UsdJpy by the Savvy Trader Trump’s Tariffs and The Bigger Forex Picture President Trump’s renewed frustration with the European Union has resurfaced in the form of aggressive trade policies. The latest one is a threat to impose 50% tariffs on EU imports. To some, this move may seem like a calculated strategy. But in reality, it reflects a misunderstanding of how the EU operates and the challenges of negotiating with a fragmented bloc. The Complexity of…
The chip stock snapped a four-week streak of gains. BofA analysts say this week’s earnings report could include “messy” guidance.
Have you ever wondered how to turn your business’ old, unused scrap metal into cold, hard cash? If so, you’re in the right place. In this beginner’s guide, we’ll walk you through the process of selling scrap metal to a refinery, step by step. From understanding the different types of scrap metal to finding the right refinery for your needs, we’ve got you covered. Finding the Right Refinery It’s important to find the right refinery to sell your scrap metal to. Different refineries specialize in processing specific types of scrap metal, so you’ll want to do some research to identify…
Selling gold jewelry can be a highly effective way to obtain quick cash, whether you require funds for an emergency or wish to declutter your belongings. However, to secure the highest possible return, it is essential to comprehend the intricacies of the gold market and the selling process. This comprehensive guide is designed to provide you with detailed insights into maximizing the value of your gold jewelry. From understanding the factors that determine its worth to learning how to negotiate the best price, this guide will equip you with the knowledge and strategies necessary to make informed and profitable decisions.…
Volatility Ahead! We firmly believe every trading market has a season of lean and abundant periods of opportunity. However, not since the GFC (Global Financial Crash) have we witnessed such activity and increased trading opportunity as volatility continues to soar in the Forex markets. Added volatility opens up lots of possibilities. Speculators and traders are sensing it, and market participation is surging. It is a known fact that in times of high volatility, the options of profit are high, but as a word of caution, so is the RISK! One must always weigh the Risk / Reward scenario under these…
On Friday, President Donald Trump threatened Apple with 25% tariffs on any iPhone sold, but not made, in the U.S.
Historically, March through June is the worst seasonal period for gold and silver prices. From 2004 to 2023, the average month-on-month rate of return on gold priced in U.S. dollars is as follows: March -0.03%, April -0.2% and June -0.25%. This year, however, the price of gold rose 13.8% from $2,054 at the end of February to $2,338 at the end of June over those three months. The silver price rose 29% over the same three-month time period. Gold & Silver Defy Seasonal Price Patterns Two key factors could have enabled gold and silver prices to defy the monthly seasonal…
Gold Is Money, and Fiat Is Fragile Today, the US government officially announced a sweeping new wave of tariffs targeting strategic imports from China and other nations. These include increased duties on electric vehicles, semiconductors, solar panels, and key raw materials. While some portray this as “economic patriotism,” the reality for American consumers and investors is stark: higher prices, more inflation, and diminished purchasing power. What’s Really Going On? Tariffs are taxes, period. They might be aimed at foreign exporters, but make no mistake—American consumers and businesses bear the burden. This round of tariffs is designed to bolster domestic industries…
EUR/USD dips to 1.1296 after Trump announces steep tariffs on EU imports starting June 1.The pair rebounds to 1.1350 as US Dollar stays pressured by rising fiscal deficit concerns.Euro shrugs off ECB rate cut talk, supported by improving German GDP figures.EUR/USD recovered during the mid-North American session on Friday after diving below 1.1300 after US President Donald Trump rattled the markets by threatening to impose 50% tariffs on the European Union (EU). At the time of writing, the pair recovered and climbed to around 1.1350US President Donald Trump posted on his social network early Friday that discussions with the European…
Keith McCullough: “The two primary factors that lead me to make decisions in the U.S. bond market and for U.S. currency are both going up.”