Gold Jumps Past $5,000 Before Plummeting in Unprecedented Fluctuation
Market Summary for the Week This week has been quite turbulent. The market’s uncertainty regarding potential yen-buying interventions kept the USD/JPY pair under pressure from the start, and it tested lower levels. Interestingly, even positive U.S. durable goods orders couldn’t give the dollar much support. Meanwhile, gold and silver prices surged earlier, with gold even […]
The Presidential Fluctuation Index
Donald Trump has a unique ability to sway market reactions with just a few words. A single post on Truth Social can send traders scrambling, either celebrating or seeking safety. His recent commitment to impose 100% tariffs on Chinese exports stirred significant concern on Friday, contributing to the largest weekly drops for the S&P 500 […]