US Dollar Index – Charm

Gold and Silver Technical Analysis: Bullish Momentum Remains Despite Correction from $3,500

Despite this short-term pullback, gold price action shows strong bullish momentum driven by geopolitical tensions and fluctuating policy signals from the Trump administration. Fed Chair Powell’s recent warning about a possible stagflation scenario adds to concerns, supporting long-term gold demand. According to Powell, the Fed’s dual goals of controlling inflation and supporting employment could increase…

China vows more ‘resolute measures’ against Trump tariffs blitz as US stocks plunge

Cs news3 weeks ago02 mins

China has vowed to “continue to take resolute measures” to protect its interests against what it called “suppressive” tariffs imposed by the United States. In a position paper released on Saturday evening, the Chinese foreign ministry said the US levies had “severely violated” the legitimate interests of other countries and “severely undermined the rules-based multilateral…

Given prevailing headwinds, Hong Kong has the big opportunity as an offshore yuan hub: CICC

Cs news3 weeks ago02 mins

Hong Kong faces an unprecedented opportunity as an offshore hub for the currency, despite what is broadly seen as short-term pressure on the yuan, according to investment bank China International Capital Corporation (CICC). In the past, depreciation was largely driven by a wide interest rate differential between the US dollar and the yuan, which prompted…