The currency markets remain subdued in early trading this week, with the exception of a broad, mild Dollar weakness. Among the major currencies, movements have been muted despite notable developments. Swiss inflation falling back to 0% has increased pressure on the SNB to cut rates further to avoid deflation, but the Swiss Franc showed little […]
Gold price rallies more than 2% on Monday with nervousness towards the Fed interest-rate decision. Geopolitical risks coming from Trump and Israel are pushing investors back into Gold. The Greenback is losing its status as safe haven in favor of Bullion. Gold (XAU/USD) rises by more than 2% on Monday to $3,317 at the time
The USD/JPY outlook shows a stronger yen at the start of the week. The BoJ faces high food inflation, strong wage growth, and the possibility of a weak yen. US employers added 177,000 new workers, beating estimates of 138,000. The USD/JPY outlook shows a stronger yen at the start of the week, as market participants
2025.05.05 2025.05.05 The Dollar Got a Gift. Forecast as of 05.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ When GDP shrinks, Donald Trump blames the previous president; when jobs grow, he takes the credit. If you don’t pat yourself on the back, who will? Let’s discuss it and make a trading plan for EUR/USD. The article covers the following subjects:
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
Dollar drifted lower in subdued trading, with many Asian markets closed for holidays. Movements in the currency markets elsewhere were mixed. Traditional safe havens like Yen and Swiss Franc inching higher. But at the same time, risk-sensitive currencies such as Australian and New Zealand Dollars also advanced. Overall risk sentiment lacking clear direction. This lack
There are just a few to take note of on the day, as highlighted in bold. They are for EUR/USD at the 1.1300 and 1.1400 levels, with price action sitting right in between the expiries at the moment. They are notable but not likely to offer much impact though, as they don’t tie in to
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
USD/CAD could face downside pressure as the US Dollar weakens, possibly due to rising trade tensions. President Donald Trump’s proposal to impose a 100% tariff on foreign-made films has heightened fears of renewed protectionist policies. The Canadian Dollar is rebounding in line with other G10 currencies, supported by fading recession concerns. USD/CAD is holding steady
How Wall Street’s rally extends as strong jobs data fuels market optimism US stock markets locked in a second week of gains as robust economic data and potential easing of US-China trade tensions boosted investor confidence, with all eyes now on the upcoming Fed decision. US markets extend winning streak US stock markets rallied on
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
EUR/USD edged lower on Monday as potential trade tensions weighed down market sentiment. President Donald Trump announced plans to initiate a 100% tariff on foreign-produced films, raising concerns over escalating protectionist policies. Eurozone Harmonized Index of Consumer Prices remained steady at 2.2% YoY in April, slightly above the expected 2.1%. EUR/USD is kicking off the
US President Donald Trump said late Sunday that he is authorizing the US Trade Representative and the Commerce Department to begin the process of imposing a 100% tariff on imports of foreign-produced movies. Market reaction At the time of press, the US Dollar Index (DXY) was down 0.05% on the day at 99.98. Tariffs FAQs Tariffs
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
Trump has refused to rule out the use of military force to take control of Greenland, calling the territory vital for American security interests. “I don’t rule it out. I don’t say I’m going to do it, but I don’t rule out anything,” Trump said in an interview with NBC’s Meet the Press on Sunday.
