US crude oil rises 1.85% to $61.02, nearing key retracement level at $61.63 for bullish continuation.
US Dollar Index dips amid US-UK trade tensions, with focus shifting to upcoming US-China negotiations.
Credit Agricole sees USD strength continuing, backed by fiscal support, persistent inflation, and resilient U.S. growth.
Trump upholds 10% baseline tariff on China, seeks concessions; no plans for major tariff reductions.
Dow falls below 41,250 as US-China trade talks begin; markets weigh tariffs, Fed policy, and trends.
Trump won’t unilaterally reduce China tariffs; trade talks with China ongoing, no immediate decisions expected.
Oil rig count drops; cautious trading supports USD pairs; gold gains on tensions; trade talks watched.
AUDUSD tests key resistance levels; buyers must reclaim 200-day moving average to sustain bullish momentum.
EUR/GBP faces downward pressure near 0.8500; mixed indicators suggest limited bearish strength with longer-term support.
NZDUSD remains range-bound, with key resistance near 0.6018 and support at 0.5886 constraining price action.
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