impact of initial statements on the USD In the world of Forex trading, where market sentiment can turn on a dime, the impact of statements by influential figures like former President Donald Trump and Federal Reserve Chair Jerome Powell cannot be overstated.

Usd’s strong start Market participants noted that the early trading session saw increased interest in the dollar, particularly as investors sought safe-haven assets amidst global uncertainties. This surge in demand was further bolstered by reports of robust employment figures and rising consumer confidence, which signaled a healthy economic outlook for the US.

Intraday bias analysis At present, the EUR/USD pair is navigating several pivotal technical levels that are crucial for traders to consider. The immediate focus is on the 55-day Exponential Moving Average (EMA), which stands at 1.1478. This level is significant as it represents a key support point; a sustained breach could potentially lead to a more pronounced downturn in the currency pair.

Trump announces vote count victory The GENIUS Act has emerged as a rare beacon of bipartisan collaboration in the often divisive political climate of Washington. Both Democratic and Republican lawmakers have come together to back this legislation, recognizing the critical need for a well-defined regulatory framework for stablecoins.

memorandum details and key objectives The MoU outlines specific frameworks for addressing any issues that may arise in the execution of ChAFTA, thereby maintaining smooth trade relations. It emphasizes the importance of dialogue and cooperation, providing mechanisms for resolving disputes amicably and efficiently.

how the scam unfolded This email, however, was the result of a sophisticated phishing attack. The scammers had managed to infiltrate the communication chain, mimicking the conveyancer’s email style and signature with alarming accuracy. The email instructed the victim to transfer the deposit to a different bank account, citing a change in banking details as the reason.

Tariff impact on consumers Considerable uncertainty surrounds the extent to which tariffs will be passed on to consumers. Many companies are opting for a ‘wait and see’ approach, holding off on raising prices until there’s clarity on how tariff issues will be resolved.

Us treasury yield reaches one-month high The rise in US Treasury yields is sparking concerns among investors and policymakers about potential repercussions on global financial markets. A key worry is the impact on borrowing costs, as higher yields in the US could lead to increased interest rates globally.