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Japanese Yen Braces for US Tariffs. Forecast as of 10.03.2025
2025.03.10 2025.03.10 Japanese Yen Braces for US Tariffs. Forecast as of 10.03.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump has complained that Japan is making a fortune off the US. The White House will take measures against Tokyo. Meanwhile, the Japanese yen is outperforming its G10 counterparts. Let’s discuss these topics and make a trading plan for the
Canadian dollar drops after soft Canadian jobs report
The Canadian dollar is steady at the start of the week. USD/CAD is trading at 1.4356, down 0.11% on the day. The Canadian dollar declined 0.50% on Friday after Canada’s job report was weaker than expected. Canada’s job growth grinds to a halt Canada’s economy gained only 1.1 thousand jobs in February, well short of
Tech firm OneChronos to offer ‘bundled’ equity-FX trading
A US technology vendor is aiming to offer combined trades in multiple asset classes, as part of a wider effort to push electronic trading for more complex products. OneChronos, which operates an alternative trading system (ATS) for equities, will extend its auction system to the foreign exchange spot market, enabling users to co-ordinate related transactions
Dollar might have fallen far enough for time being – ING
FX markets are starting to settle down after a momentous week. While events in Europe were really the dominant factor, we would not have seen such big moves in EUR/USD were it not for US short-dated rates crumbling, ING’s FX analyst Chris Turner notes. DXY may return at 104.30/50 “Financial markets have priced the Fed
USD/JPY Forecast: Tariffs, Weaker Dollar Boost Yen
The USD/JPY forecast shows higher demand for the yen. The yen rallied last week amid uncertainty regarding the global economy. The US economy added a smaller-than-expected 151,000 new jobs in February. The USD/JPY forecast shows higher demand for the yen due to US trade policy uncertainty and a weak dollar. Market participants remain concerned about
Eurostoxx futures +0.7% in early European trading
German DAX futures +0.8% UK FTSE futures +0.3% Besides the DAX, European indices had a more testing time in trading last week. The close on Friday also missed out on the late recovery in Wall Street, so there is an element of catching up here. That said, the negative mood in US futures is worth
Dollar Stays Soft as Forex Markets Quiet, US CPI Highlights the Week
Forex markets are trading quietly in the Asian session, remaining within Friday’s range and showing little impetus to move decisively in either direction. Dollar is staying on the back foot, with a lack of substantial buying interest to sustain a meaningful rebound. While last week’s non-farm payroll data helped calm fears of a rapid labor
Japan Leading Index Improves Slightly In January
Japan’s leading index increased less-than-expected in January to the highest level in three months, preliminary data from the Cabinet Office showed on Monday. The leading index, which measures future economic activity, rose to 108.0 in January from a downwardly revised 107.9 in December. The score was forecast to increase to 108.4. Likewise, the coincident index
Gold price in Saudi Arabia: Rates on March 10
Gold prices remained broadly unchanged in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 350.93 Saudi Riyals (SAR) per gram, broadly stable compared with the SAR 350.96 it cost on Friday. The price for Gold was broadly steady at SAR 4,093.09 per tola from SAR 4,093.57 per
Michael Saylor proposed that US government acquire 25% of Bitcoin’s total supply by 2035
Michael Saylor, the founder of Strategy, has proposed that the U.S. government acquire 25% of Bitcoin’s total supply by 2035 to establish a Strategic Bitcoin Reserve. He suggests that the government systematically purchase 5-25% of Bitcoin’s supply through daily acquisitions between 2025 and 2035, by which time 99% of Bitcoin will have been issued. Saylor
Japan Overall Bank Lending +3.1% On Year In February
The value of overall bank lending in Japan was up 3.1 percent on year in February, the Bank of Japan said on Monday – coming in at 635.468 trillion yen. That was in line with expectations and up from the downwardly revised 2.9 percent increase in January (originally 3.0 percent). Excluding trusts, bank lending climbed
China’s Housing Minister said government to promote purchase of existing housing
China’s Minister of Housing and Urban-Rural Development, Ni Hong, said on Sunday that the country’s property sector has shown positive change with market confidence improving. Hong further stated that the government will promote the purchase of existing housing and expand urban village renovation, per Reuters. Key quotes Said that the country’s property market is showing
Fed’s Daly said growing uncertainty among businesses could slow demand in the US economy
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
Bitcoin falls below $83,000 as US bitcoin reserve news disappoints
A week ago on Sunday, US President Trump made a mess of the crypto market but tweeting about a crypto reserve including Solana, Ripple and Cardano. A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the