Gold News: Traders Position for Volatility as Fresh Safe-Haven Demand Looms – FXEmpire

Last week, Xau/USD was $3,327.37, up $89.45 or +2.76%. Granted independence under scrutiny amid Trump Powell’s clash The market focus lit up at the risk of political interference after President Trump threatened to remove Federal Reserve Chairman Jerome Powell. The clash rattles off investors’ trust and revived debates over central bank independence. Historically, similar tensions […]

China Chip Traders Grumble that Trump Tariffs Sent Orders Plummeting

South China Morning Post (SCMP) On Tuesday, President Donald Trump’s tariffs pushed up prices and stopped ordering for computer products, which saw a sense of darkness settling down in China’s vast electronic market in Shenzhen. SCMP I spoke The distributor is in Huaqiangbei, a district of the high-tech hub city of Deep Shenzhen, specializing in […]

Citi, Bank of America post higher profits as traders cash in on tariff turmoil

Two of the largest banks in the United States, Citigroup and Bank of America, earned better than expected in the first three months of the year as President Donald Trump raised higher revenue amid the threat of launching a world trade war. The banks enjoyed the benefits of investors adjusting their portfolios after being surprised […]

Dollar steady as traders grapple with tariff uncertainty, volatility – Yahoo Finance

Ankur Banerjee SINGAPORE (Reuters) – The dollar remained stable on Tuesday, but it endured six months of trough against Yen, a hit last week, as investors struggled to understand the changes before and after US tariffs. Still, the currency markets have settled far more after Asia hours after severely damaging the dollar despite a surge […]

Dollar unmoored as traders unsure on tariffs – TradingView

Dollar took a breather on Wednesday. Customs On US growth, we put a brake on recent bounces. The dollar was reversed by about 0.5% in the yen usdjpy Overnight, you'll sit at 149.95 early in the Asian session, below 150 yen. EUR Eurusdspending a week of lower borders from five months high, and is now […]