Ethereum remains close to 5-month high Ethereum bullish case: Ethereum has so far risen to $3082.83, a level last traded in February, before giving back some of its recent gains on Tuesday. While the 12 July low at $2905.98 holds on a daily chart closing basis, the short-term technical uptrend remains intact. A rise above […]
2025.07.15 2025.07.15 US Dollar May Retreat As Inflation Data Looms. Forecast as of 15.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ There will be no agreements! Tariff letters serve as an agreement. However, if Europe wants to negotiate, the US is ready to listen. That is Trump’s position, but his threats do little to scare investors. The TACO trade is
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
Economic confidence from Germany and industrial production from euro area are the top economic news due on Tuesday. At 2.30 am ET, the Hungarian Central Statistical Office is slated to release final industrial production data. At 3.00 am ET, Spain’s statistical office INE publishes final inflation data for June. The flash estimate showed that consumer
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
China’s gross domestic product expanded a seasonally adjusted 1.1 percent on quarter in the second quarter of 2025, the National Bureau of Statistics said on Tuesday – beating forecasts for an increase of 0.9 percent after adding 1.2 percent in the three months prior. On an annualized basis, GDP was up 5.2 percent – again
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
Moody’s chief economist Mark Zandi has escalated his warning on the U.S. housing market, shifting from a “yellow flare” to a “red flare” as conditions continue to deteriorate under the weight of high mortgage rates. In a series of posts on social media platform Twitter, Zandi outlined how persistently elevated mortgage rates—hovering near 7%—are exerting
Log in to today’s North American session recap for the July 14, 2025. Today’s flows have been a bit erratic, between a slow start in Forex that turned into another US Dollar rally, Cryptocurrencies, Bitcoin hitting new highs before retracting decently and Commodities taking a hit. About the latter, it seems that some geopolitics are
The major stock indices are closing higher led by the NASDAQ index and the small cap Russell index. The final numbers are showing: Dow industrial average +88.14 points or 0.20% at 44459.65. S&P index up 8.81 points or 0.14% at 6268.56. NASDAQ index up 54.80 points or 0.27% at 20640.33. The small-cap Russell 2000 rose
In a return to regularly scheduled programming, trade tariffs and the associated renewal of commitments to negotiation deadlines remain one of, if not the largest, determining factors in US equity performance. Recently offered a period of comparative respite, the Dow Jones has proven particularly vulnerable to trade-related news in recent memory, especially compared to tech-led
AUDUSD Technicals After last week’s rally in the AUDUSD stalled at an old upward sloping trend line resistance, the pair has come under renewed selling pressure to start the week.Today’s price action is reinforcing the bearish shift, with the pair moving further below the trend line and now eyeing key downside support levels. Initial focus
The Japanese yen is trading quietly on Monday. In the North American session, USD/JPY is trading at 147.47, up 0.04%. The US dollar posted strong gains last week, as USD/JPY jumped 2.0%, its best week since December 2024. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the
The USD/CAD outlook shows robust strength in Canada’s labor market. Sentiment has remained poor since Trump announced a 35% tariff on Canada. Economists believe US inflation accelerated in June due to Trump’s tariffs. The USD/CAD outlook shows robust strength in Canada’s labor market, supporting the loonie as a result. However, a potential 35% tariff on
(Partial video transcript) This week’s trading opportunity Axel Rudolph: Hello and welcome to “Trade of the Week” on 14 July 2025. Let’s look at today’s trade to start with, and I thought perhaps we should look at AUD/USD . The reason being that we made a new multi-month high last week, but only marginally so. Reasons for
Bitcoin (BTC/USD) weekly chart The Bitcoin train looks to march on with over 2% gains today as it keeps just under $122,000 currently. After a brief stutter at the end of last month, which saw price potentially falling back under six figures, Bitcoin is definitely proving its mettle now as it surges to fresh record
2025.07.14 2025.07.14 BoJ Rate Hike Expectations Fade. Forecast as of 14.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of Japan is reluctant to raise rates. The Japanese government refrains from giving in to pressure during negotiations with the US. USDJPY bears are facing strong headwinds. Meanwhile, the Japanese parliamentary elections are approaching. Let’s discuss this topic and make
