The Pound Sterling steadies near 1.2950 despite fluctuations, influenced by US economic data and Dollar strength.
Doug Ford retracted electricity surcharges; Trump adjusted tariffs, met GM CEO, and considered broader Canadian import tariffs.
Yield on US 4-week bill declines. AUD/USD stays below 0.6300. Gold nears record. Stablecoin regulation advances.
US Dollar steady amid Ukraine talks; jobless claims fall; PPI unchanged; yields rise; rate outlook uncertain.
Mnuchin sees a 5%-10% stock drop as natural; NASDAQ nears key retracement below the 200-day average.
Gold prices hit a record $2,971 amid geopolitical tensions, central bank purchases, and economic uncertainty-driven demand.
AUD/USD drops to 0.6280 as USD strengthens; Trump’s tariffs fuel market uncertainty, impacting Australian Dollar outlook.
U.S. Treasury auctioned $22 billion 30-year bonds; yield 4.623%, bid-to-cover 2.37X, weak international demand 60.5%.
The Pound Sterling is influenced by the US Dollar, economic uncertainty, and Bank of England policy decisions.
US envoy Witkoff engages Russia in peace talks; tariffs remain, Nasdaq drops, government shutdown looms, Facebook invests $60B.
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