6 months ago
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In early-2026 trade GBP/USD built a falling wedge formation shortly after the New Year open, and that resolved in a big way with a strong breakout as the pair jumped up to fresh four-year highs. But, like EUR/USD, this seemed a derivative matter on the basis of the breakdown in USD/JPY and as the Dollar came back to life, GBP/USD pulled back. But, from those fresh highs has been yet another falling wedge formation. Again, this is quite similar to the backdrop in EUR/USD and I looked at that little earlier today. At this point I think a case can be made for upside in both markets and they would both be attractive ways ... (full story)
From fpmarkets.com|3 hr ago
When the RBA last met at the start of this month, the Board unanimously voted to increase the cash rate by 25 bps to 3.85% from 3.60%, though it did so cautiously. For me, the ...
From @realDonaldTrump|3 hr ago|9 comments
Numerous stories from the Fake News Media have been circulating stating that General Daniel Caine, sometimes referred to as Razin, is against us going to War with Iran. The story does not attribute this vast wealth of knowledge to anyone, and is 100% incorrect. General Caine, like all of us, would like not to see War but, if a decision is made on going against Iran at a Military level, it is his opinion that it will be something easily won. He knows Iran well in that he was in charge of Midnight Hammer, the attack on the Iranian Nuclear Development. It is a Development no longer, but rather, was blown to smithereens by our Great B-2 Bombers. Razin Caine is a Great Fighter, and represents the Most Powerful Military anywhere in the World. He has not spoken of not doing Iran, or even the fake limited strikes that I have been reading about, he only knows one thing, how to WIN and, if he is told to do so, he will be leading the pack. Everything that has been written about a potential War with Iran has been written incorrectly, and purposefully so. I am the one that makes the decision, I would rather have a Deal than not but, if we don?t make a Deal, it will be a very bad day for that Country and, very sadly, its people, because they are great and wonderful, and something like this should never have happened to them. PRESIDENT DONALD J. TRUMP
From @MarketNews_Feed|3 hr ago
RBA'S PLUMB: WE WILL CONTINUE TO FOCUS ON QUARTERLY CONSUMER PRICE INDEX DATA FOR FORECASTING WE REMAIN FOCUSED ON QUARTERLY TRIMMED MEAN AND ANY CHANGE SOME WAY OFF. MUCH OF THE INFLATION PICK-UP IS SECTOR-SPECIFIC. ...
From @MarketNews_Feed|1 hr 48 min ago
*TRUMP ADMINISTRATION CONSIDERING NEW NATIONAL-SECURITY TARIFFS ON HALF A DOZEN INDUSTRIES, SOURCES SAY -- WSJ *NEW TARIFFS COULD COVER POWER-GRID AND TELECOM EQUIPMENT, LARGE-SCALE BATTERIES, OTHER INDUSTRIES, SOURCES SAY -- WSJ ... The Trump administration is considering new national security tariffs on a half-dozen industries in the wake of a Supreme Court decision last week that invalidated many of the president?s second-term levies
From piie.com|1 hr 43 min ago
In a clear rebuke to President Donald Trump?s tariff policies, the Supreme Court ruled on February 20 that many of his tariffs?those that invoked the International Emergency ...
From youtube.com/cmegroup|53 min ago
Euro futures opened the week with a move toward 1.1835 before reversing as the U.S. dollar firmed and risk assets faced selling pressure. The currency fell back to 1.1790, ending ...
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