Trump's remarks and attitudes in trade negotiations have had a significant impact on the market 📈💥
His change in attitude towards the Federal Reserve Chairman first triggered investors' concerns about the Fed's policy, leading them to seek refuge in gold and causing the price of gold to rise 🏆🚀. Later, his remarks alleviated those concerns, prompting funds to flow back into dollar-denominated assets and causing the price of gold to decline from its peak levels 📉💔
In terms of trade negotiations, potential easing measures may reduce the demand for gold as a safe-haven asset ⏳
Taken together, these factors may imply that market confidence in the dollar has been somewhat restored 🌟. When signs of the end of the dollar's weak trend emerge 📊, more funds flow into dollar assets 💸. Against the backdrop of this change in the direction of capital flows, the GBPUSD has declined 😔
⚡⚡⚡ GBPUSD ⚡⚡⚡
🚀 Sell@1.32800 - 1.32600
🚀 TP 1.32200 - 1.32000
The market has been extremely volatile lately 📈📉 If you can't figure out the market's direction, you'll only be a cash dispenser for others 💰
His change in attitude towards the Federal Reserve Chairman first triggered investors' concerns about the Fed's policy, leading them to seek refuge in gold and causing the price of gold to rise 🏆🚀. Later, his remarks alleviated those concerns, prompting funds to flow back into dollar-denominated assets and causing the price of gold to decline from its peak levels 📉💔
In terms of trade negotiations, potential easing measures may reduce the demand for gold as a safe-haven asset ⏳
Taken together, these factors may imply that market confidence in the dollar has been somewhat restored 🌟. When signs of the end of the dollar's weak trend emerge 📊, more funds flow into dollar assets 💸. Against the backdrop of this change in the direction of capital flows, the GBPUSD has declined 😔
⚡⚡⚡ GBPUSD ⚡⚡⚡
🚀 Sell@1.32800 - 1.32600
🚀 TP 1.32200 - 1.32000
The market has been extremely volatile lately 📈📉 If you can't figure out the market's direction, you'll only be a cash dispenser for others 💰
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.