The New Zealand dollar has rebounded on Tuesday. NZD/USD is trading at 0.5615, up 1.3% on the day. This follows a 5% plunge over the past two days. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the page. NCwLz – is a forced measure to prevent JS […]
The USD/CAD price analysis shows increasing hopes of tariff negotiations. Canada was among the few countries that escaped reciprocal tariffs. The Eurozone and China are ready to impose counter-tariffs. The USD/CAD price analysis shows a rebound in the Canadian dollar amid hopes of tariff negotiations that might lift global economic concerns. Meanwhile, the dollar remained
USDCHF on the hourly chart. 100 hour stalls the rally After trading within a well-defined red-box range (between 0.8758 and 0.8850) through much of March (see chart above), USDCHF sellers took firm control last week, pushing the price sharply lower and breaking decisively below the consolidation zone. That breakout marked a shift in sentiment, with
Global markets are having a precious moment of calm, with risk sentiment stabilizing across Asia and Europe, and US futures pointing to a higher open. The recent wave of aggressive selling appears to have peaked—at least temporarily—offering traders a breather from the huge volatility experienced since last week. However, this rebound should not be mistaken
BestX and Tradefeedr, the two main third-party transaction cost analysis (TCA) providers, have launched tools that enable buy-side firms to standardise and automate counterparty selection for cash foreign exchange trades, ahead of request-for-quote or algorithmic execution. The launches are part of a wider push by asset managers to integrate TCA into their trading workflows to
The Greenback softens a touch on Tuesday against major peers amidst trade war tensions. Markets revalued the Greenback to the upside after upbeat Nonfarm Payrolls numbers and US yields rebounding. The US Dollar Index trades back above 103.00 and looks to consolidate further. The US Dollar Index (DXY), which tracks the performance of the US
2025.04.08 2025.04.08 Gold Rally Halts Following Exemption From US Tariffs. Forecast as of 08.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The exemption of gold from US tariffs on America’s “Liberation Day” was a cruel joke. Instead of extending its rally, the precious metal lost its main competitive advantage and plunged. Let’s discuss this topic and make a trading plan.
Indonesia’s consumer prices increased in March after falling for the first time in more than two decades in February, data from the statistics bureau showed on Tuesday. The consumer price index climbed 1.03 percent year-on-year in March, reversing a 0.09 percent decrease in the previous month. Economists had expected prices to rise by 1.16 percent.
2025.04.08 2025.04.08 What is Spinning Top Candle Pattern? Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ A Spinning Top candlestick pattern is a neutral technical analysis pattern that can indicate a potential trend reversal or continuation. This pattern features a small body positioned at the center of the candlestick, as well as long upper and lower shadows. The candlestick pattern reflects
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
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
Australia consumer sentiment deteriorated to a six-month low in April on escalating tariff war, survey data from Westpac showed Tuesday. The Westpac-Melbourne Institute Consumer Sentiment Index fell to 90.1 in April from 95.9 in March. The index is based on five sub-indices, two tracking assessments of family finances, two tracking expectations for the economy and
The Japanese Yen attracts some dip-buyers and reverses a part of the overnight losses. BoJ rate cut bets and growing recession fears drive safe-haven flows towards the JPY. Dovish Fed expectations weigh on the USD and also exert pressure on USD USD/JPY. The Japanese Yen (JPY) trims a part of modest intraday gains against its
Global market sentiment is showing tentative signs of stabilization. The tone improved slightly as US Treasury Secretary Scott Bessent signaled that for countries choosing not to retaliate, the US has already reached a “maximum tariff level,” which could gradually be rolled back. However, this was far from a green light for relief, as the broader
Proposed U.S. shipping rules could disrupt trade and ports, industry warns – From April 17 Chinese stocks higher as state support lifts sentiment Deutsche Bank is now forecasting a 50bp RBA rate cut in May Global turmoil raises chances of larger RBNZ rate cut – meeting tomorrow Australia business confidence (March 2025) -3.0 (prior -1.0)
The Chinese Commerce Ministry issued a statement on Tuesday in response to the latest US threat to escalate tariffs on China. Key quotes The US threatens to escalate tariffs on China, “which is a mistake on top of a mistake”. China will never accept the “blackmail nature” of the US. Urge the United States to
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate,
