Running on empty: Inside China’s quiet pension-funding crisis
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PBOC sets USD/CNY reference rate at 7.2074 vs. 7.2055 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.2074 as compared to the previous day’s fix of 7.2055. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic
ICYMI – China pulls back from U.S. private equity
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/JPY slips toward 140.50 as Fed pressure builds
USD/JPY dives to the 140.50 region amid renewed political threats to Fed independence Trump’s remarks intensify fears of institutional instability, weighing further on the US Dollar Momentum signals remain bearish, with next key support eyed near 139.60 The USD/JPY pair slumped on Monday during North American trading, falling sharply toward the 140.50 mark as the
Pope Francis: A man who loved God, his neighbor and even his enemies
This morning I was saddened by the death of Pope Francis. Pope Francis was a man of love, of inclusion, of welcoming. That shepherding was based on the gospel – the word of the Lord. He was never above God/Jesus. However, he followed the example They gave him and us. Jesus was sent to change
US equities continue to bleed in a steady drip of selling
This is a poor start to the week as the S&P 500 is down an ugly 3.3% and has seen virtually zero bounces today. If you zoom out to the daily chart, the reciprocal pause bounce is quickly evaporating and we’re about 5% from a retest of the April lows. I would hate to be
Gold price explores past $3,400 as Trump-Powell clash sparks Fed independence fears
Gold hits fresh all-time high as Trump attacks Powell, calling him “a major loser” for delaying rate cuts. DXY plunges to 97.92 as Fed independence is questioned and stagflation risks remain in focus. Traders brace for key Fed speeches this week from Jefferson, Harker, and Kashkari amid growing policy uncertainty. Gold price begins the week
Australian dollar climbs, China holds key lending rates
The Australian dollar has posted gains on Monday. In the North American session, AUD/USD is trading at 0.6408, up 0.58% on the day. US dollar slides as Trump threatens to fire Powell The US dollar has retreated against the major currencies on Monday, including against the Australian dollar. The greenback has taken a hit after
Tesla (TSLA) Stock Forecast for 2025, 2026, 2027–2030, 2040 and Beyond
2025.04.21 2025.04.21 Tesla (TSLA) Stock Forecast for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Tesla stands out in the market due to its innovations in electric vehicles, solar power, and artificial intelligence. Yet, how will these factors affect its stock price in the long term? This analysis aims to forecast TSLA’s stock price from 2025
EURUSD breaks higher and traded to highest level going back November 2021
The USD is down 1.35% against the EUR today, as U.S. equities decline and bond prices fall. In the process, EURUSD has surged above a key swing area between 1.1482 and 1.15158, pushing the pair to its highest level since November 2021. That former resistance zone now turns into close support. If the price can
![GBP/USD soars above 1.3400 [Video]](https://i0.wp.com/editorial.fxsstatic.com/images/i/GBPUSD_Large.png?w=1024&resize=1024,1024&ssl=1 "GBP/USD soars above 1.3400 [Video]")
GBP/USD soars above 1.3400 [Video]
GBP/USD soars above 1.3400 as threat to Fed’s independence batters US Dollar The GBP/USD pair rallies to near 1.3400 during European trading hours on Monday, the highest level seen in seven months. The Cable strengthens as the US Dollar (USD) has been battered by the threat to the Federal Reserve’s (Fed) independence after United States
USD/JPY Forecast: Trump Comments on Fed Wavered Risk Mood
The USD/JPY forecast indicates weaker investor confidence in the US economy. The Trump administration hinted at plans to fire Fed Chair Jerome Powell. Data last week revealed stronger-than-expected sales in the US. The USD/JPY forecast indicates weaker investor confidence in the US economy following Trump’s comments, threatening the Fed’s independence. As a result, market participants
Technical analysis of US Crude, XAUUSD, and EURUSD for today (21 April, 2025)
2025.04.21 2025.04.21 Short-Term Analysis for Oil, Gold, and EURUSD for 21.04.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil continued to