President Trump shook the market up yet again late Thursday. The President was on the wires ahead of the US market close saying tariffs on Canada and Mexico, due to kick in over the weekend, remained on track. The President also added they were still deciding on tariff levels for China.
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EUR/USD holds losses below 1.0500 on Trump’s tariff uncertainty
EUR/USD keeps losses below 1.0500 in the European trading hours on Thursday. The pair suffers from a sustained US Dollar recovvery-led by US President Trump's conflicting messages on tariffs. Traders now look to the ECB Minutes, US GDP revision and Trump-speak for impetus.
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GBP/USD remains depressed below 1.2700 amid US Dollar strength
GBP/USD remains depressed below 1.2700 in European trading on Thursday. Broad US Dollar strength and cautious mood, amid US President Trump's tariff uncertainty, weigh down on the pair ahead of key US macro releases and more Trump talks.
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Gold falls on Trump creating more confusion about tariffs
Gold’s price faces strong selling pressure and extends this week’s correction to hit a ten-day low near $2,880 on Thursday. The leg lower comes after US President Donald Trump cast doubts and confusion during a cabinet meeting on Wednesday about what levies will be applied, when, and to which countries.
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Solana Price Forecast: DTCC lists first SOL futures ETF, will it avert $130 breakdown?
Solana price tumbled from $172 to $134 this week as FTX estate’s impending token unlock looms ahead despite early gains from a new SOL ETF listing.
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February inflation: Sharp drop expected in France, stability in the rest of the Eurozone
Inflation has probably eased in February, particularly in France due to the marked cut in the regulated electricity price. However, this overall movement masks divergent trends. Although disinflation is becoming more widespread, prices continue to rise rapidly in services, in France as well as elsewhere in the Eurozone.
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