Pound Sterling drops over 1% against Dollar amid tariffs, reversing gains on weakened market sentiment.
GBPUSD breaks key support at 1.2878, eyes 200-bar and 200-day moving averages for next move.
Powell warns tariffs may boost inflation, slow growth; Fed to wait before monetary policy changes.
Total rig count drops to 590 as oil rigs rise, gas rigs fall, and crude prices plunge.
GBP/USD falls over 1% as China imposes tariffs; traders seek safety in USD, Yen, and Franc.
Trump’s proposed tariff formulas echo Navarro’s ideas, oversimplifying trade dynamics and ignoring key economic factors.
Markets tumble as tariffs spark global retaliation, fueling inflation fears and triggering investor flight to safety.
Vietnam proposes zero tariffs; Nike and Lululemon shares rise despite recent declines amid positive trade developments.
EUR/USD dips below 1.1000 after strong US jobs data; tariffs and rate cut fears pressure Euro.
NZDUSD plunges 3.47%, its sharpest drop since 2012, testing critical support amid market selloff fears.
Insights 
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