When the New Taiwan dollar (TWD) surged unexpectedly on May 2 and 5, the country’s giant life insurers were immediately blamed for the move, given their huge size relative to the Taiwanese domestic market. Market participants, however, have mixed views on how active the insurers really were – but they agree the moves were exacerbated […]
The Commerce Department released a report on Thursday showing wholesale inventories in U.S. increased by slightly less than expected in the month of March. The report said wholesale inventories rose by 0.4 percent in March after climbing by an upwardly revised 0.5 percent in February. Economists had expected wholesale inventories to grow by another 0.5
2025.05.08 2025.05.08 Qtum Price Forecast & Predictions for 2025, 2026, 2027–2030, and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Qtum is considered one of the most promising assets in the cryptocurrency market, drawing investor interest with its unique combination of blockchain technology and smart contracts. This article provides a technical analysis and long-term price forecast for QTM, covering the
AUD/USD wobbles around 0.6420 as the US Dollar struggles to extend its upside despite the Fed guiding no rush for interest rate cuts. Fed Powell warns that risks to higher inflation and unemployment have risen. Investors await US-China trade talks in Switzerland on Saturday. The AUD/USD pair trades flat around 0.6420 during North American trading
It’s a busy, busy day in the UK. The Bank of England has lowered interest rates and the UK and US are poised to announce a trade agreement to reduce tariffs. The British pound has not showed much reaction to all the news. In the North American session, GBP/USD is trading at 1.3340, up 0.40%
Sterling and the US Dollar are leading gains among major currencies today, lifted by anticipation surrounding the imminent announcement of a comprehensive US-UK trade agreement. The Pound remained resilient after BoE’s expected 25bps rate cut. The three-way split within the BoE’s Monetary Policy Committee and the mixed implications of its economic projections have made it
The US Dollar Index turns positive amid Fed’s cautiousness. Geopolitical concerns keep the gains capped. US-China trade talks pose a temporary optimism. The US Dollar Index (DXY) hovers around the 100.00 area during the early European session on Thursday. The recent upside stems from the Fed’s cautious stance and wait-and-watch approach. Moreover, market participants are
GBP/USD keels over while EUR/JPY, USD/JPY rise as US dollar appreciates. Source link
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
2025.05.08 2025.05.08 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.05.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to climb to the previous high. The recommendation is to open long trades
MUFG is bolstering its FX franchise amid a rising interest rate environment that has led investors to renew their attention in the Japanese FX market. MUFG’s domestic success and growing onshore presence have strengthened the firm’s ambition to become an Asia powerhouse in FX David Wright, MUFG After decades of ultra-low interest rates, the Bank
The dollar is trading higher now to start European trading as the UK confirms that Trump’s announcement later will be an agreement to a framework for a trade deal. This means laying out the groundwork and discussion points for negotiations over the next few weeks/months, but at least there is some progress. USD/JPY hourly chart
Trading in the forex markets remains subdued. Fed’s policy announcement overnight triggered minimal market reaction, as it delivered a widely expected hold at 4.25–4.50%. While Fed acknowledged that risks of both higher unemployment and higher inflation have increased, Chair Jerome Powell made it clear that rate cuts are not imminent. “It’s not a situation where
The Bank of England is set to cut its benchmark interest rate by a quarter-point on Thursday, to cope with the economic slowdown triggered by trade tariffs. The Monetary Policy Committee is expected to reduce the Bank Rate to 4.25 percent from 4.50 percent. The BoE had maintained its interest rate at its March meeting
Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an
Macro factors to be considered China’s domestic economic conditions continue to play a crucial role in Alibaba’s performance. Recent deflationary pressures have prompted government stimulus measures, the effectiveness of which will directly impact consumer spending on Alibaba’s platforms. The uncertainty in trade policies represents a key headwind for Alibaba’s international e-commerce business. The US has
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
