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Trump gains traction as the August 1 ‘reciprocal tariff’ deadline approaches following Asian trade agreements, say experts

Trump gains traction as the August 1 'reciprocal tariff' deadline approaches following Asian trade agreements, say experts

Trade Negotiations Between Trump and Asian Countries In Washington, analysts believe President Trump has effectively leveraged America’s negotiating strengths this week with three Asian nations, potentially shifting the balance as deadlines for various tariffs approach. Trump managed to arrange a deal with Japan involving a 15% tariff on exports to the U.S., alongside a substantial […]

GBP/USD approaches Friday with weakness following disappointing PMI data

GBP/USD approaches Friday with weakness following disappointing PMI data

GBP/USD ended its three-day winning streak on Thursday, dropping to 1.3500. Despite some positive momentum, the currency faces new challenges at critical technical points. The UK PMI figures fell short on Thursday, but Friday offers another chance for better UK data. On Thursday, GBP/USD reversed a three-day bullish trend, declining from 1.3600 down to 1.3500. […]

GBP/USD approaches 1.3600 as optimism grows, attention on UK PMI data

GBP/USD approaches 1.3600 as optimism grows, attention on UK PMI data

GBP/USD could see further valuation as the US dollar weakens due to improved market sentiment. The European Union and the US are nearing an agreement to impose 15% tariffs on EU goods. Traders are anticipating index data from the S&P Purchase Managers in the UK on Thursday. GBP/USD has been holding steady after four days […]

Trade Agreements Reached with Philippines and Indonesia as Tariff Deadline Approaches

Trade Agreements Reached with Philippines and Indonesia as Tariff Deadline Approaches

Trump’s New Trade Agreements with Philippines and Indonesia President Donald Trump revealed on Tuesday that two new trade agreements have been reached with the Philippines and Indonesia. These agreements will impose a 19% tariff on imports from both Southeast Asian nations, aiming to enhance market access for American products. This announcement followed a meeting at […]

EUR/JPY holds steady as US trade talks progress and ECB decision approaches

EUR/JPY holds steady as US trade talks progress and ECB decision approaches

The EUR/JPY remains steady as Japan takes a measured approach, while the EU braces for heightened tensions with the US. The ECB’s upcoming rate decision is likely to influence the EUR/JPY as well. The EUR/JPY has surpassed a moving average resistance level close to 172.00. The Euro (EUR) is trading in a narrower range against […]

EUR/USD remains uncertain at earlier levels as Trump tariff deadline approaches

EUR/USD remains uncertain at earlier levels as Trump tariff deadline approaches

The ECB is Optimistic but Tariff Uncertainty Persists The ECB expresses a positive outlook on the economy, although concerns about tariffs remain. Trump has heightened tensions in the EU by raising proposed tariffs to between 15% and 20%. The EUR/USD pair continues to operate within a bearish channel, facing resistance in the range of 1.1655 […]

Rangers send Dane Dunning to the Braves as the MLB trade deadline approaches.

Rangers send Dane Dunning to the Braves as the MLB trade deadline approaches.

Braves Acquire Veteran Pitcher Dunning The Atlanta Braves have made a notable addition to their team by signing pitcher Dane Dunning from the Texas Rangers for cash considerations and reliever Jose Lewis, as announced on Thursday night. To make space on their roster, the Braves designated 41-year-old Jesse Chavez for assignment. Dunning, now 30, was […]