Global Market Themes
Global market themes continue to play a role, with US tariffs and geopolitical concerns being factors in the trading environment. Conditions affecting other markets, such as gold and EUR/USD, illustrate broader financial trends and concerns in the current economic climate. Traders are reminded of the risks involved in foreign exchange trading, including the potential for extensive losses. Expert advice and thorough research are recommended prior to engaging in trading activities, as leveraging, while potentially beneficial, carries significant risk.For positioning over the coming weeks, range traders may find conditions more technically manageable than momentum chasers. That said, economic readings from the States, particularly CPI and PCE prints, will strongly affect directionality across the board. Until then, patience may be worth more than speed.
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