Financial markets are currently being driven by a combination of geopolitical tensions, central bank policy expectations, and renewed trade uncertainty. Investor sentiment remains cautious as markets await clarity on potential U.S. reciprocal tariffs, which could reignite global trade frictions. 

 

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EUR/USD trims gains toward 1.1000 as focus shifts to Fed Minutes

EUR/USD trims gains toward 1.1000 as focus shifts to Fed Minutes

EUR/USD heads toward 1.1000 in the European session on Wednesday, reversing the uptick to near 1.1100 , The US Dollar recover as traders resort to repositioning ahead of the Fed Minutes release. However, USD buyers stay cautious as the trade war escalation aggravates US economic concerns. 

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GBP/USD revisits 1.2800 as US Dollar finds footing

GBP/USD revisits 1.2800 as US Dollar finds footing

GBP/USD is trimming gains to retest 1.2800 in European trading on Wednesday. The pair faces headwinds as the US Dollar stages a modest comeback even as investors remain wary over the impact of the escalating global trade war on the US economic prospects. Tariff updates and Fed Minutes awaited. 

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Gold price builds on strong intraday gains; bulls retain control near $3,050 area amid risk-off mood

Gold price builds on strong intraday gains; bulls retain control near $3,050 area amid risk-off mood

Gold price climbs back closer to the $3,050 area during the early European session on Thursday as worries that an all-out global trade war would push the world economy into recession continue to boost safe-haven demand.

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XRP Price Forecast: XXRP ETF and Trump tariffs shaping XRP fundamental outlook

XRP Price Forecast: XXRP ETF and Trump tariffs shaping XRP fundamental outlook

XRP struggles to stay afloat, with key support levels crumbling due to volatility from macroeconomic factors, including United States President Donald Trump's reciprocal tariffs kicking in on Wednesday.

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The Fed is looking at a hefty price level

The Fed is looking at a hefty price level

We are still in thrall to tariffs, the faux-macro “data” driving markets. The WSJ editorial board advised other countries to take their tariffs to zero so that Trump’s “reciprocal” tariffs will have to be zero, too. Cute, but no cigar.

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