Author: Admin
AUD/USD retreats amid renewed demand for safe havens ahead of Trump’s tariff deadline.AUD pressured by RBA cut expectations, while steady Fed policy underpins USD.AUD/USD holds a bullish structure, though momentum fades near wedge resistance.The Australian Dollar (AUD) weakened against the US Dollar (USD) on Friday amid a low-volume trading session and a risk-off tone ahead of US President Donald Trump’s July 9 tariff deadline.At the time of writing, AUD/USD is hovering above 0.6550, with intraday losses of 0.30%.The closure of US financial markets for Independence Day led to lighter trading volumes, resulting in subdued volatility and a more corrective tone…
“My S&P 500 investments have roughly doubled every seven years.”
EUR/USD edges up 0.18% in thin trading as traders digest Trump’s sweeping tariff plans and EU–US tensions mount.Trump confirms tariffs up to 70% to take effect August 1, targeting EU goods, including food.Bloomberg: EU carmakers seek tariff relief via US investment pledges.Light US calendar shifts focus to German industrial output and Eurogroup meeting next week.EUR/USD posted minimal gains of 0.18% on Friday amid thin liquidity conditions, as markets in the United States are closed due to the Independence Day holiday. The shared currency is poised to close the week with gains of 0.53% despite the release of solid US economic…
Your target-date fund might have the wrong mix for you, and new alternatives could be risky.
Silver forms double-bottom near key support, signaling a potential breakout above $37.31.Doji candle and thin US holiday volume suggest pause, not reversal.Bulls eye resistance at $37.49 and $38.00; downside risk begins below $36.00.Silver price traded sideways on Friday, remaining virtually unchanged at $36.84, due to thin trading volumes as US markets were closed for a holiday. The market mood turned slightly sour as headlines surrounding the US trade war, with its trading patterns taking center stage, following the approval of the One Big Beautiful Bill.XAG/USD Price Forecast: Technical OutlookFrom a technical standpoint, the grey metal is pausing its advance, although…
Wall Street will be watching to see how new Treasury supply to fund the U.S. deficit will be absorbed.
Highlights include Trump trade deadlines, FOMC Minutes, OPEC+, RBA, RBNZ, UK GDP and Canada jobs Newsquawk Week Ahead: Highlights 7-11th July 2025 SAT: OPEC MEETING MON: German Industrial Output (May), Swedish CPIF Flash (Jun), EZ Sentix (Jul), Retail Sales (May), US Employment Trends (Jun) TUE: RBA & RBNZ Policy Announcements, EIA STEO; German Trade Balance (May), US NFIB (Jun) WED: “Liberation Day” Tariffs take effect (end of 90-day suspension), EU-US Tariff Negotiation Deadline (50% duty on all EU mimports), FOMC Minutes (Jun); Chinese CPI (Jun), PPI (Jun), US Wholesale Sales (May) THU: BoK Policy Announcement; Norwegian CPI (Jun), US…
“When my former husband passes, I will qualify for widow’s benefits.”
Gold prices rose in Saudi Arabia on Friday, according to data compiled by FXStreet. The price for Gold stood at 402.86 Saudi Riyals (SAR) per gram, up compared with the SAR 401.07 it cost on Thursday. The price for Gold increased to SAR 4,698.82 per tola from SAR 4,677.96 per tola a day earlier. Unit measure Gold Price in SAR 1 Gram 402.86 10 Grams 4,028.55 Tola 4,698.82 Troy Ounce 12,530.20 FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates…
The market internals are strong, in stark contrast to the upside breakout in February.