Crude Oil Technical Analysis Crude oil is currently showing a strong uptrend in the H1 timeframe. The price is trading above the 200-day Simple Moving Average (SMA), indicating upward momentum. The market structure and trend are positive for buyers...
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Market Fundamentals: US President Donald Trump reignited trade tensions by pledging to impose hefty tariffs if reelected, including a 25% tariff on Mexico and Canada, a 10% tariff on China, and the potential to reinstate the 60% tariff he previously...
Goldman Sachs anticipates Fed’s nearest rate cut in March 2025 The Federal Reserve stays vigilant. According to Goldman Sachs forecasts, the Federal Reserve is expected to cut the funds rate by 25 basis points in March 2025. On January 3, Goldman...
The British pound is on a nasty slide, losing 1.8% since Monday. In the European session, GBP/USD is currently trading at 1.2294, down 0.53%. Earlier, the pound fell as low as 1.2237 (1%), its lowest level since November 2023. BRC store inflation...
