This info comes via a Bloomberg piece (gated). In brief: Bank of America forecast AUD/USD to 0.68 be December 2025: Australian dollar gradual recovery seen from Q2 2025 driven by USD depreciation and then by China stimulus (lagged impact) in H2 2025 RBA higher terminal policy rate due to the stickiness of inflation also a […]
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
Mark Carney announced an April 28 election, as was widely reported last week. He went straight into campaign mode and proposed reducing the lowest income tax bracket by one percentage point. Polls between the Liberals and Conservatives are tight and that will make for an interesting five-week campaign. This article was written by Adam Button
UPCOMING EVENTS: Monday: Australia/Japan/EU/UK/US Flash PMIs. Tuesday: German IFO, US Consumer Confidence. Wednesday: Australia Monthly CPI, UK CPI, US Durable Goods Orders, BoC Minutes. Thursday: US Final Q4 GDP, US Jobless Claims. Friday: Tokyo CPI, BoJ Summary of Opinions, UK Retail Sales, French CPI, Canada GDP, US PCE, University of Michigan Consumer Sentiment (Final). Monday
Reuters carry the report on discussions between European central banking and supervisory officials questioning whether they can still rely on the U.S. Federal Reserve to provide dollar funding in times of market stress Reuters cite “six people familiar with the matter” sources told Reuters they consider it highly unlikely the Fed would not honour its
NVIDIA Stock Analysis: Quiet Strength Building Underneath the Surface Price Snapshot: NVIDIA stock recently closed around $117.86, holding just above the core price zone where most recent trading activity has been concentrated — around $117.57. This zone represents what professionals call a “fair value area” — a kind of balance point where buyers and sellers
The dominant trends that shaped Q1 in global markets appear to have run their course, with most major assets entering consolidation phase last week. US stocks staged a mild recovery from steep selloff since mid-February, but upside momentum was notably weak. Meanwhile, Dollar, which had been under pressure throughout March, appeared to find a near-term
A Reuters poll revealed that on March 27, Banco de Mexico (Banxico) is expected to cut interest rates by 50 bps amid the evolution of the disinflation process and an ongoing economic slowdown. Economists expect rates to get as low as 8.25% in 2025 Of 25 economists, 23 expect the central bank to lower borrowing
AUD/JPY was seen trading around the 93.70 zone, recording its third consecutive day of mild losses. Despite the negative streak, the pair continues to hold above the 20-day SMA, suggesting downside may be limited. Momentum indicators remain soft; RSI stays in negative territory while MACD shows flat green bars. On Friday’s session the AUD/JPY edged
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
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Pessimism among Euro area households increased in March as the consumer sentiment measure unexpectedly sunk to its lowest level in three months, preliminary survey data from the European Commission showed on Friday. The flash consumer confidence indicator for Eurozone fell to -14.5 from -13.6 in February, while economists were looking for an improvement to -13.0.
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
Denmark’s consumer confidence worsened for the second straight month in March to the lowest level in almost two years, figures from Statistics Denmark showed on Friday. The consumer confidence index dropped to -15.5 in March from -14.5 in the previous month. Further, this was the lowest score since April 2023, when it was -18.2. Four
Canadian Dollar weakened modestly in early US session following disappointing retail sales data. January’s figures showed a larger-than-contraction, and more importantly, an advance estimate points to another drop in February. This suggests consumer spending might be in a weakening trend, raising fresh concerns about Canada’s economic momentum heading into Q2. However, the selloff in the
2025.03.21 2025.03.21 XAU/USD: Elliott Wave Analysis and Forecast for 21.03.25 – 28.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 2877.11 with a target of 3200.00 – 3500.00. A buy signal: the price holds above 2877.11. Stop Loss: below 2850.00, Take Profit:
GBP/USD Weekly Outlook: Pound Sterling corrects amid geopolitical, economic concerns The Pound Sterling (GBP) corrected after topping near 1.3000 against the US Dollar (USD) mid-week. However, the GBP/USD pair holds at its highest level in four months. Over the weekend, the US launched large-scale airstrikes on Yemen, targeting the Iran-backed militant group Houthis. In response,
