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 Moves Higher Amid Safe Haven Demand
Markets analysis on behalf of Hassan Fawaz Chairman & Founder of GivTrade
Gold prices extended gains on Thursday, rebounding further from last week’s correction as safe-haven demand remained robust. Yesterday, the precious metal rose 3%, following President Donald Trump’s decision to raise tariffs on Chinese imports to 125%, intensifying tensions between the world’s two largest economies. While Washington introduced...