Post #4165

The Shadow Trader's Daily Briefing | Aug 28 ✨ 💸EUR/USD: Political Turmoil and Dollar Weakness • Current Price: 1.1650 • The euro is trading near 1.1650 as U.S. political turmoil and President Trump’s tariff policies continue to pressure the dollar. ⸻ 💸GBP/USD: Fed Shake-Up and Inflation Concerns • Current Price: 1.3481 • GBP/USD is trading at 1.3481, influenced by U.S. Federal Reserve developments and ongoing inflation concerns in the UK. ⸻ 💸USD/JPY: Fed Turmoil Weakens Dollar • Current Price: 147.3680 • USD/JPY declined to 147.3680 as the U.S. dollar weakened amid concerns over President Trump’s removal of Fed Governor Lisa Cook, raising questions about the central bank’s independence. ⸻ 🪙Gold: Near Record Highs Amid Fed Turmoil • Current Price: $3,376.98 per ounce • Gold futures gained 0.3%, hovering near $3,376.98, as investor unease grows over President Trump’s push to reshape the Federal Reserve. ⸻ 🎖For more in-depth analysis and real-time updates, follow @shadowtraderfx