🚨 The #European_Central_Bank warns that the United States may be the most affected by the escalation of global trade tensions, amid concerns about the impact on economic growth and the dollar.
📊 Gold prices rise with increased demand for safe-haven assets amid falling stock markets and the dollar as the trade war escalates following the U.S. president imposing new tariffs on China, Canada, and Mexico.
🌎 The world of finance and business | FOREX NEWS 🌐
• Not having a clear trading plan. • Excessive risk-taking. • Opening too many positions. • Lack of patience. • Closing winning trades too quickly. • Leaving losing trades for too long. • No capital management plan. • Not adhering to a clear trading plan. • Not following market news. • Greed and trading enthusiastically without clear plans.
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⭕Walmart's projections, the largest retailer in the United States, for 2025 sales are disappointing, which may reflect the upcoming increasing challenges with declining consumer spending
🔴 Existing home sales in the United States fell to 4.06 million in 2024, the lowest level since 1995. Annual sales fell for the third straight year, with first-time buyers accounting for only 24% of purchases, the lowest level on record. Meanwhile, the median sales price rose 6% to $404,400, reflecting the affordability crisis.
✅ Goldman Sachs: US stocks witnessed a wave of selling led by#technologystocks at the beginning of this week, but this was only a temporary decline in light of the positive expectations for the economy
US oil inventories rose 3.46 million barrels in the week ending January 24, to 415.1 million barrels, according to data from the US Energy Information Administration
-Expectations were for a rise of about 2.2 million barrels
🟥There is now a near 100% chance that the Fed will not cut interest rates at its meeting this week, negative for gold, markets and Bitcoin and positive for the dollar 🌎The world of finance and business | FOREX NEWS 🌐
🔴 The US dollar loses strength after President Trump's statements.
The US currency fell against a basket of major currencies, in today's trading, Friday, after US President Donald Trump's statements about calling on the Federal Reserve to cut interest rates.
📊 Markets are preparing for several important economic data releases that could impact price action today. 03:30 PM Cairo time,
📊 Retail Sales in Canada 🇨🇦
📊 Unemployment Claims Rates in the United States 🇺🇸
🔥 The most important event is Trump's speech at 06:00 PM Cairo time. He is expected to address a number of important issues, which could impact the markets, leading to significant price fluctuations.