Kathy Lien
BK Asset Management
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
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AUD/USD: A minor support emerges around 0.6480
AUD/USD added to Friday’s retracement, returning to the 0.6550 zone amid the persistent move higher in the US Dollar and the resumption of trade concerns. The Australian Dollar is expected to closely follow the release of critical hard data from China on Tuesday.
EUR/USD: Downward pressure losing impulse?
EUR/USD traded in the red for the fourth day in a row, this time retreating to three-week troughs in the mid-1.1600 on the back of the firmer tone in the Greenback and renewed trade effervescence between the US and the European Union.
Gold battling around $3,350 amid fresh tariffs’ threats
Gold prices maintain their bearish tilt around the $3,350 zone per troy ounce, leaving behind three consecutive days of gains. Fresh trade concerns seem to temper the precious metal’s decline, but investors remain cautious ahead of the publication of US inflation data on Tuesday and the US Dollar's continued strong tone.
Hyperliquid Price Forecast: HYPE eyes gains following Sonnet BioTherapeutics' rebrand
Hyperliquid (HYPE) trades near $48 on Monday following Sonnet BioTherapeutics' (SONN) announcement that it has entered a merger agreement with Rorschach I LLC to launch as a new HYPE treasury company, Hyperliquid Strategies Inc.
Five fundamentals for the week: Investors eye tariff circus and US inflation data Premium
Which country will be the next to receive a letter from America? US President Donald Trump has been extending his tariff threats through the weekend. Has the US economy felt the consequences of levies already imposed? These are the topics for another hot summer month.
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