Powell says more time is needed before cutting rates, gold once fell below the 3310 mark!

· Trump believes that both Iran and Israel have violated the ceasefire agreement, but also stated that neither will face consequences for violating the agreement. This news is bullish for crude oil and gold. · British media: The EU is preparing to take more tariff countermeasures to pressure the US. This news is negative for the euro. · Trump again calls for Powell to cut interest rates by at least 2 to 3 percentage points. This news is bearish for the dollar.