Dow Jones Rallies Amid Credit and Geopolitical Pressures
Written by Linh Tran, Market Analyst at XS.com
The Dow Jones (US30) continued to strengthen its positive momentum, closing yesterday’s session with an impressive gain of nearly 0.78%, extending its recovery rally since the United States and China reached...
The US Dollar Extended Losses Amid Trade Policy Risk
Market analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The US Dollar started the week in the red, hovering near a three-year low, as investors grappled with conflicting signals from Washington on trade policy. While President Trump announced a tariff exemption for smartphones, computers, and other tech products under the new “reciprocal”...
Gold Rally Stalls Amid Uncertainty
Written by Linh Tran, Market Analyst at XS.com
Gold prices experienced a mild correction last week as market enthusiasm gradually faded, in the context of improved investor sentiment thanks to positive signals from U.S.–China trade negotiations and lower-than-expected U.S. inflation data.
A temporary agreement between the world’s two largest economies to reduce import tariffs over the next 90 days—specifically, the U.S. lowering tariffs...
