Euro Slides for Third Straight Day, Hits Short-Term Low Ahead of U.S. GDP and Fed Minutes
The euro has fallen for three consecutive days against the US dollar, weighed down by a stronger greenback and growing uncertainty around the European Central Bank’s policy direction. In the short term, the euro remains…
Japan’s 30-Year Bond Yields Surge to 20-Year High as Central Bank Shift Triggers Market Turmoil and Capital Outflows
Japan’s 30-Year Government Bond Yields Hit 20-Year High as Policy Shift Jolts Markets Yields on Japan’s 30-year government bonds have surged to their highest level in two decades, underscoring growing market turbulence sparked by a…
Trump Demands $61 Billion, Sparks Talk of 51st State—Canada Stunned as Carney Rejects ‘Golden Dome’ Deal to Defend Sovereignty
Former U.S. President Donald Trump recently proposed that if Canada wants to join the "Gold Dome" missile defense system, it must either pay a staggering $61 billion or agree to become the 51st state of…
Gold Dips Below $3,300 Short-Term, but Goldman Sachs Predicts Rebound to $3,600
Recently, gold prices in Hong Kong have slipped below $3,300 per ounce, weighed down by a stronger U.S. dollar and a decline in safe-haven demand. Despite short-term pullbacks, major institutions like Goldman Sachs remain optimistic…
U.S. Durable Goods Orders Fall 6.3% in April, Beating Forecasts as Core Orders Rise, Highlighting Manufacturing Resilience
U.S. durable goods orders fell 6.3% in April, snapping a four-month streak of gains. Despite the decline, the drop was less severe than economists had expected. Core capital goods orders—a key measure of business investment—edged…

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Gold Trend 07/04 – Gold Enters a Consolidation Phase

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