Returning to regularly scheduled programming from the last seven days, dollar downside has continued early into this week’s trading, with USD/CHF currently poised to extend a seven-day losing streak. Cutting rates to 0.00% in their June decision, which would typically weaken the franc, recent policy decisions have done little in curbing dollar-franc selling pressure, with […]
This content is restricted to subscribers
The euro is up for an eighth consecutive day and has gained 2.4% during that time. In the North American session, EUR/USD is trading at 1.1738, up 0.36% on the day. German inflation flatlines in June German data on Monday pointed to a weakening German economy. The CPI report indicated that the deflationary process slowly
US equity markets target explosive 7,000 breakthrough The S&P 500 is projected to reach 7,000 by year-end, a target that seemed impossible just months ago but now appears increasingly achievable. This bullish outlook is underpinned by a resurgence in technology earnings that’s catching even seasoned analysts off guard. The momentum reflects not just corporate resilience, but
2025.06.30 2025.06.30 GBP to AUD Forecast for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The GBPAUD currency pair reflects the exchange rate between the British pound and the Australian dollar. This trading instrument represents a complex landscape that encompasses a myriad of economic and geopolitical factors that influence its price. This article examines forecasts for
(Partial video transcript) This week’s trading opportunity Axel Rudolph: Hello and welcome to “Trade of the week” on the last day of 30 June, 2025. And I’m going to talk about gold. Why do I want to look at gold? Because I do think, and I might be completely wrong here, that we’ve seen a corrective move
![AMZN Elliott Wave technical analysis [Video]](https://i1.wp.com/editorial.fxsstatic.com/images/i/amazon-02_Large.jpg?w=1024&resize=1024,1024&ssl=1 "AMZN Elliott Wave technical analysis [Video]")
AMZN Elliott Wave technical analysis Function: Trend. Mode: Impulsive. Structure: Motive. Position: Wave (v) of {i}. Direction: Upside in (v). Details: The market appears to be completing a five-wave sequence within wave {i}, with wave (v) currently unfolding. Wave (iii) previously extended, supporting ongoing upside potential in wave (v). AMZN Elliott Wave Technical Analysis Function: Trend.
Rate cuts by year-end Fed: 66 bps (79% probability of no change at the upcoming meeting) ECB: 25 bps (87% probability of no change at the upcoming meeting) BoE: 53 bps (73% probability of rate cut at the upcoming meeting) BoC: 33 bps (62% probability of no change at the upcoming meeting) RBA: 80 bps
The USD/CAD forecast indicates a sharp pullback from Friday’s peaks. The pair dropped last week as Trump renewed his attacks on the Fed. US data revealed that inflation rose by 0.2% compared to estimates of 0.1%. The USD/CAD forecast suggests a sharp pullback from Friday’s peaks as focus shifts back to US monetary policy. Initially,
Germany’s retail sales dropped unexpectedly in May as both food and non-food retail sectors registered contractions, data from Destatis revealed on Monday. Retail sales decreased 1.6 percent month-on-month in May but better than the 0.6 percent drop seen in April. Sales were expected to grow 0.5 percent. Data showed that sales in food sector were
The Trump Administration has gotten costs down, very substantially, for the American Consumer. There has never been anything like this! The Senate today at 9:00 am ET will begin a process called “vote-a-rama” in which members can offer unlimited amendments. That will be followed by a vote on final passage. Trump wants the bill done
The forex market opened the week with low volatility and mixed Asian equities, but politically driven developments are keeping some G10 currencies in motion. Dollar is the weakest performer so far, with the Canadian Dollar also under pressure despite rebounding from weekend lows. Yen leads amid safe-haven inflows, while Kiwi and Aussie post modest gains.
US equity markets continued their bullish climb on Friday, 27 June, defying renewed stagflation risks. Core PCE inflation for May rose to 2.7% y/y (above April’s 2.6% and consensus), while personal spending contracted -0.1% m/m—the first decline since January, highlighting the impact of tariffs and economic uncertainty on consumer demand. The S&P 500 (+0.5%) and
Retail Sales in Germany rose 1.6% over the year in May. EUR/USD defends bids above 1.1700 following the downbeat data. Retail Sales in Germany unexpectedly dropped 1.6% month-over-month (MoM) in May, following the revised 0.6% decline reported in April, according to official data released by Destatis on Monday. The market forecast was for a 0.5% increase. On an
Flash inflation and retail sales from Germany and revised GDP and mortgage approvals from the UK are due on Monday, headlining a hectic day for the European economic news. At 2.00 am ET, Destatis publishes Germany’s import prices and retail sales figures. Retail sales are forecast to grow 0.5 percent month-on-month in May, in contrast
There are a couple to take note of on the day, as highlighted in bold. The first ones being for EUR/USD at the 1.1700 and 1.1750 levels. The expiry levels don’t tie in to any technical significance but they could very well play a role in terms of limiting price action as we look towards
Record highs and trade triumphs United States (US) stocks closed at record highs on Friday, driven by optimism over pending trade agreements and rising expectations for Federal Reserve (Fed) interest rate cuts. For the week, the US 500 (S&P 500) gained 3.44%, closing at a fresh record high, while the US Tech 100 (Nasdaq 100)gained 4.20%, also
