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AUD/USD climbs toward 0.6550 before China’s Trade Balance report

AUD/USD climbs toward 0.6550 before China's Trade Balance report

Following a drop of about 1.25% in the last session, AUD/USD saw an uptick, trading around 0.6530 during the Asian session on Monday. Even with China’s September trade balance registering at 645.47 billion yuan—down from 732.7 billion yuan previously—the exchange rate didn’t show significant changes. Exports grew by 8.4% year-on-year in September, contrasting with a […]

Dollar stabilizes as markets pay attention to US-China trade issues and political matters

Dollar stabilizes as markets pay attention to US-China trade issues and political matters

SINGAPORE (Reuters) Political shifts in France and Japan have negatively impacted both the euro and yen, while the dollar has bounced back from its earlier losses as investors express hope that the U.S. might mitigate the recent escalation in its trade conflict with China. The dollar index, which tracks the dollar’s performance against a selection […]

EUR/USD stays steady above 1.1600 as US-China trade issues and government shutdown persist

EUR/USD stays steady above 1.1600 as US-China trade issues and government shutdown persist

EUR/USD has stabilized after an almost 0.5% increase in the previous session, currently trading near 1.1620 during the Asian hours on Monday. However, the US dollar might strengthen further as trade tensions between the US and China continue to escalate. The dollar could keep facing challenges due to the ongoing US government shutdown. President Trump […]

Start US mining immediately to counter China’s serious trade risks

Start US mining immediately to counter China's serious trade risks

America’s Rare Earth Dilemma Recently, President Trump issued a warning about a potential trade war with China, highlighting a significant challenge posed by China’s control of rare earth resources. It’s essential for the U.S. to rethink its mining policies, especially after the restrictions set during the Clinton administration left us relying heavily on the Chinese […]

How Joe Flacco’s wife supported him following unexpected trade to the Bengals

How Joe Flacco's wife supported him following unexpected trade to the Bengals

Joe Flacco’s wife, Dana Flacco, was puzzled after the Cleveland Browns traded the veteran quarterback to the Cincinnati Bengals on Tuesday. During a press conference on Friday, Flacco mentioned how he was surprisingly impressed when Dana asked him about the Bengals’ playbook before their Week 6 match against the Packers. “I’ve never really had her […]

Twelve trades anticipated before NFL trade deadline, according to Adam Schefter

Twelve trades anticipated before NFL trade deadline, according to Adam Schefter

The NFL trade market is heating up as the November 4th trade deadline approaches. With just under a month left, activity is on the rise. Recently, the Browns made waves by trading veteran quarterback Joe Flacco to the Bengals. Following that transaction, ESPN’s Adam Schefter has predicted that at least a dozen more trades could […]

Trump reassures not to be concerned about China during trade conflict

Trump reassures not to be concerned about China during trade conflict

President Donald Trump took steps on Sunday to ease concerns about a potential trade conflict with China after he threatened to impose a 100% tariff on imports from the country. This came in response to new Chinese export restrictions on rare earth minerals. The proposed tariffs would be significantly higher than the existing average rate […]