Euro Under faced significant pressure in European trade on Monday, retreating from three-week highs against the US dollar. This downturn marks the first loss in eight days, driven by profit-taking and the unexpected outcomes of the final round of the French parliamentary elections. Election Surprises and Market Impact Election Results France’s leftist New Popular Front …
Euro Under Pressure After French Elections Chaos Read More »
Copper Declines prices fell on Monday as the dollar stabilized against most major rivals. This decline follows new measures announced by China’s environment ministry regarding refined copper and aluminum imports. These measures are part of China’s efforts to improve supply, industrial competitiveness, and reduce industrial carbon emissions. Market Performance on Monday On Monday, copper prices …
Brent Backs crude oil prices fell in American trade on Monday, pulling back from three-month highs as traders took profits. This decline was driven by fading concerns about Hurricane Beryl’s impact on US crude facilities and a spate of weak economic data from the US and China. These factors combined to depress prices further, signaling …
Brent Backs Off Three-Month High on Profit-Taking Read More »
Gold Prices Fall experienced a notable decline on Monday, falling over 1% as traders took profits and the dollar edged up against most major rivals. This movement comes ahead of a critical week featuring Federal Reserve Chair Jerome Powell’s Congressional testimony and the release of crucial US consumer prices data for June. These events are …
