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EUR/USD trades at 1.1648, easing 0.14% but holding close to the 1.1700 mark.Reports suggest Trump–Putin meeting next week could lead to ceasefire in Eastern Europe.Euro’s upside capped by stronger USD and speculation over Waller’s potential nomination as next Fed Chair.The EUR/USD consolidates near the week’s highs, shy of testing the 1.1700 figure on a week in whichthe US Dollar is poised to finish the week with over 1.84% losses against its peers. The hangover of last week’s US Nonfarm Payroll figures, and subsequent worse-than-expected employment data, underpins the Euro, due to increasing chances that the Federal Reserve (Fed) will resume…
The men’s and women’s singles winners will each earn $5 million at the 2025 U.S. Open
I Buy the Dip, Sell the Blip — What Does It Mean? What Does It Mean to Buy the Dip or Sell the Blip in Trading? Have you ever heard the phrase “buy the dip” or “sell the blip” and wondered what it really means? While interpretations vary, the core idea is simple yet powerful: One side of the market is stronger, and that’s the side you want to trade with. Whether you’re a day trader or swing trader, this concept helps you enter with momentum after a temporary price pullback. Let’s break it down. What Does…
U.S. President Donald Trump waves from the roof of the West Wing of the White House as he takes a tour on August 05, 2025 in Washington, DC. Win Mcnamee | Getty Images News | Getty ImagesPresident Donald Trump will sign an executive order on Thursday to allow alternative assets such as private equity, cryptocurrencies and real estate into 401(k)s, according to a senior White House official.The executive order will direct the U.S. secretary of Labor to review fiduciary guidance on private market investments in 401(k) and other defined contribution plans that are governed by the Employee Retirement Income Security…
Nestled in the historical charm of Philadelphia resides America’s oldest diamond district, Jewelers’ Row. This article delves into the history and enduring relevance of Jewelers’ Row as well as how Manhattan Gold & Silver supports jewelers through our precious metal refining services. We buy scrap jewelry and bench sweepings to promote a sustainable cycle within the jewelry industry. We also offer a selection of jewelry manufacturing supplies and the unique option to trade scrap metals for supplies. Get started by signing up for the MGS Business Portal. Rich History of Jewelers’ Row Jewelers’ Row was founded in the late 18th…
The Bank of England is expected to trim the benchmark interest rate to 4.0%. UK inflation has unexpectedly surged, while economic growth has kept shrinking.GBP/USD battles to extend gains beyond 1.3300, may retest August lows in the 1.3140 area. The Bank of England (BoE) is scheduled to announce its decision on monetary policy this Thursday, and market participants anticipate a 25-basis-point (bps) interest rate cut from the current 4.25% to 4.0%. Financial markets also anticipate seven out of nine Monetary Policy Committee (MPC) members will vote for an interest rate cut versus just three voting for such a decision in…
Trump vowed to impose roughly 100% tariffs on semiconductors unless companies build in the U.S. Is it the latest installment of the “TACO” trade?
The US Dollar (USD) extended its auspicious start to the week into Tuesday, posting decent gains amid ongoing debates over the White House’s trade policy, speculation about additional Federal Reserve rate cuts, and uncertainty over who will succeed Chair Jerome Powell. Meanwhile, all eyes turn to the Reserve Bank of India (RBI), which is widely expected to hold its benchmark rate steady at 5.50% on Wednesday.Here’s what to watch on Wednesday, August 6: The US Dollar Index (DXY) picked up extra upside impulse, rising to two-day highs just above the key 99.00 barrier, helped by an acceptable bounce in US…
High tariffs on China-made products drove U.S. imports from the world’s second-largest economy to a 16-year low in June — yet the dramatic shift hasn’t put a big dent in America’s overall trade deficit.
The Dow Jones saw early declines on Tuesday after ISM Services PMI figures came in below expectations.44,000 remains a key inflection point for the major equity index.US President Donald Trump has fresh tariff threats ahead of his latest trade deal deadline.The Dow Jones Industrial Average (DJIA) took a hit early Tuesday, declining after United States (US) ISM Purchasing Manager Index (PMI) figures for July came in below expectations, adding further downside pressure to already-battered investor sentiment. US President Donald Trump issued fresh tariff threats on Tuesday, reiterating that he will increase tariffs on the European Union (EU) to 35% across…