The weekly opened had seen the US Dollar retreat but one ongoing theme is of an overdone USD selling – With war headlines coming out by the minute, the Dollar Index has failed to break new lows and is making its way to the 99.00 pivot zone.Jerome Powell is currently speaking at the FOMC Rate […]
Despite pressure from U.S. President Donald Trump, the Federal Reserve on Wednesday announced its widely expected decision to leave interest rates unchanged. The Fed said it decided to maintain the target range for the federal funds rate at 4.25 to 4.50 percent in support of its dual goals of maximum employment and inflation at the
ETH is stalling at the low of its range, and buyers are looking to hold the 2,500 key mark, which the 4H MA 200 is acting as immediate support for. Prices are still consolidating in a $400 range with lows between $2,400 and highs closer to $2,800. The second largest cryptocurrency had failed to hold
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Conflicting interpretations of European digital assets legislation are hindering the development of euro-denominated stablecoins, according to Don Wilson, chief executive of DRW Holdings. As a result, Wilson said European capital will continue flowing into US dollar stablecoins, which typically invest in US Treasuries, and away from European government bonds. “European [regulators] have expressed some concerns about
Pres. Trump is starting his day by saying: If the Fed would lower rates we would be buying that for a lot less Powell probably will not cut rates today. Powell has done a poor job. We should be two points lower (assume means 2% lower). Am going to go very short term, get rates
Not all UK energy stocks are alike, though, with Harbour Energy, part of the FTSE 100, having fallen by around -20% year-to-date, despite its position as one of the largest North Sea operators with substantial production capacity and reserve base. Serica Energy has delivered a near +20% year-to-date return, while EnQuest has risen by around
XRP may revisit key support zone following Monday’s rejection at technical resistance area. Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
2025.06.18 2025.06.18 S&P 500 Gazes Into Abyss. Forecast as of 18.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ For an extended period, the S&P 500 index largely disregarded external factors, including trade wars, geopolitical events in the Middle East, and unfavorable macroeconomic statistics in the United States. Investors have since come to recognize their misjudgment. Let’s discuss this topic and
Slovakia’s EU measure of inflation accelerated in May to the highest level in nearly one-and-a-half years, data from the Statistical Office of the Slovak Republic showed on Wednesday. The EU measure of the harmonized index of consumer prices, or HICP, rose 4.3 percent year-on-year in May, faster than the 3.9 percent increase in April. Further,
The British pound has stabilized on Wednesday. In the European session, GBP/USD is trading at 1.3551, up 0.28% on the day. The US dollar showed broad strength on Tuesday and GBP/USD declined 1.05% and fell to a three-week low. UK inflation ticks lower to 3.4% UK inflation for May edged lower to 3.4% y/y, down
2025.06.18 2025.06.18 Markets Fear Fed Hawkish Surprise. Forecast as of 18.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite President Trump’s calls for action, the US Federal Reserve is unlikely to cut interest rates in June, as the central bank’s role is not to address fiscal issues. Inflation expectations are more significant in this regard. Let’s discuss this topic and
Here was the CPI report for April as added context. The estimate this time around is for headline annual inflation to fall to 3.4% in May, down from 3.5% in April. And for core annual inflation, it is expected to drop to 3.5% from 3.8% previously. That being said, it is on the high side
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
2025.06.17 2025.06.18 Weekly Economic Calendar for 23.06.2025–29.06.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The upcoming week is expected to be somewhat calmer compared to the previous turbulent one. Nonetheless, a number of key data releases are on the horizon, focusing mainly on the PMI and inflation figures from the world’s largest economies. Additionally, during the week of 23.06.2025–29.06.2025, market
