Author name: The Forex Feed

​​Legal & General Faces Dual Downgrades As Competition Pressures Mount​

​​Legal & General Faces Dual Downgrades As Competition Pressures Mount​

Strong H1 results fail to convince sceptics ​L&G’s H1 2025 update showed core operating earnings-per-share (EPS) up 9% and management raising guidance for back-book optimisation and other Solvency II management actions, evidence the engine is still running. But the debate has shifted to the quality and durability of profits amid a crowded PRT field and

U.S. Homebuilder Confidence Edges Slightly Lower In August

U.S. Homebuilder Confidence Edges Slightly Lower In August

The National Association of Home Builders released a report on Monday showing a modest deterioration by U.S. homebuilder confidence in the month of August. The report said the NAHB/Wells Fargo Housing Market Index edged down to 32 in August after inching up to 33 in July. Economists had expected the index to come in unchanged.

Cryptocurrencies extend their decline from recent highs

Cryptocurrencies extend their decline from recent highs

There were a few signals traders could have spotted ahead of the ongoing selloff.After last Friday’s warning from Bitcoin, with an all-time high leading to a direct retracement, the crypto market has started to make its way off its most recent highs.Ethereum staged a huge rally toward its record levels, but buyers failed to break

USD/JPY Outlook: Gains as Traders Await Trump–Zelensky Talks

USD/JPY Outlook: Gains as Traders Await Trump–Zelensky Talks

The USD/JPY outlook points to a stronger dollar as traders await the outcome of a meeting between Trump and Zelensky. Traders are preparing for the Jackson Hole symposium. Powell might not give a clear rate cut signal. The USD/JPY outlook points to a stronger dollar as traders await the outcome of a meeting between Trump

USD idles in low-vol range trade – Scotiabank

USD idles in low-vol range trade – Scotiabank

The markets are off to a slow start, with low vol summertime trading still overshadowing broader developments, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret note. USD little changed as attentions shifts to Powell comments due Friday “There is clearly much to digest and understand from Friday’s Trump/Putin meeting—details may become clearer with today’s

​European equities trade softer as geopolitics and Jackson Hole loom

​European equities trade softer as geopolitics and Jackson Hole loom

​​​Peace-talk optics shift, but Kyiv holds the line ​Vladimir Putin’s apparent demand that Ukraine cede all territory seized by Russia – plus additional areas – remains a non-starter for Kyiv and European leaders. Their stance will be on display in Washington later today when President Zelenskiy meets US President Donald Trump alongside European counterparts, after

Oman’s Inflation Steady at 0.8% for July 2025…

Oman’s Inflation Steady at 0.8% for July 2025…

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Three Drives Pattern: A Reliable Reversal Indicator

Three Drives Pattern: A Reliable Reversal Indicator

2025.08.18 2025.08.18 Three Drives Pattern: A Powerful Tool for Reversal Trading Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ A Three Drives pattern is one of the key technical analysis tools that helps traders pinpoint price reversals. This harmonic pattern simplifies the prediction of price swings, as it is based on three equal impulses and corrections. The pattern can be used

Cryptocurrencies lose altitude to start the new week

Cryptocurrencies lose altitude to start the new week

Cryptos are facing a pullback to start the new week, with both Bitcoin and Ethereum notably dropping. The former is down close to 2%, adjusting lower after failing to get above $124,000 last week. The latter is seeing a similar rejection of the $4,800 mark. The Friday decline already saw Bitcoin lose near-term momentum and

Swiss Industrial Production Shrinks 0.1% In Q2

Swiss Industrial Production Shrinks 0.1% In Q2

Switzerland’s industrial output contracted slightly in the second quarter, provisional data from the Federal Statistical Office showed on Monday. Industrial production dropped 0.1 percent year-over-year in the June quarter, reversing its 8.9 percent growth in the first quarter. The output produced in the manufacturing sector was 0.7 percent higher compared to last year but much

US Dollar Declines As Tariff Worries Resurface. Forecast as of 18.08.2025

US Dollar Declines As Tariff Worries Resurface. Forecast as of 18.08.2025

2025.08.18 2025.08.18 US Dollar Declines As Tariff Worries Resurface. Forecast as of 18.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ More than half of US foreign trade is duty-free. Furthermore, switching to American products supports the economy. Let’s discuss this topic and make a trading plan for the EURUSD pair. The article covers the following subjects: Major Takeaways The euro

Japan’s Tertiary Industry Activity Index Show…

Japan’s Tertiary Industry Activity Index Show…

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Crypto continuing to give back some of its recent gains

Crypto continuing to give back some of its recent gains

After a solid run higher over recent weeks, BTC and ETH has continued the pullback that started towards the middle of last week. At the time of writing BTC (white) was down 2% on the session, with ETH (red) down just over 3%. On the higher timeframes, BTC is currently trading below its 50DMA. Next

Australian Shares Hit Fresh Record High

Australian Shares Hit Fresh Record High

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Implied volatility levels for EURUSD, USDJPY & GBPUSD

Implied volatility levels for EURUSD, USDJPY & GBPUSD

Below is a quick snapshot of today’s implied volatility support and resistance levels for EURUSD, USDJPY and GBPUSD. EURUSD: 1.17600 (resistance) – 1.16600 (support) USDJPY: 148.00 (resistance) – 146.400 (support) GBPUSD: 1.36100 (resistance) – 1.3500 (support) These levels are based on 1-month implied volatility and can be used as dynamic and market-based levels of support

Swiss Industrial Production Shrinks 0.1% In Q2

New Zealand Services Index Improves To 48.9

The services sector in New Zealand continued to contract in July, albeit at a slower rate, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 48.9. That’s up from 47.3 in June, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Among the

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