For AI’s magic hammer, every problem becomes a nail – FX Markets End of drawer navigation content Skip to main content Risk.net survey finds banks embracing a twin-track approach to AI in the front office: productivity tools today; transformation tomorrow Hammers are great at knocking in nails. It’s the job for which they were made. […]
At last month’s meeting, Fed officials debated whether it might be wise to slow or even pause the reduction of their balance sheet holdings, given that renewed concerns over the federal debt ceiling have come back into play. In addition, the Minutes showed the staff’s economic outlook remained largely unchanged from December. Key highlights All
The forex markets remain rather indecisive today. Traders are paring back expectations for BoE rate cuts after UK inflation surged to a 10-month high. A March rate cut is now off the table, and markets are no longer fully pricing in two BoE cuts this year. However, this shift has provided only minimal support for
The British pound continues to have an uneventful week. In the European session, GBP/USD is trading at 1.2595, down 0.13% on the day. UK inflation hits 3% in January Consumer inflation in the UK rose to 3% y/y in January, a sharp rise from the 2.5% gain in December and higher than the market estimate
2025.02.19 2025.02.19 RBA Cuts Cash Rate Contrary to Market Odds. Forecast as of 19.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The decline in cash rate from 4.35% to 4.1% does not mean that the monetary expansion cycle will continue in line with market expectations. This was the conclusion of the Reserve Bank of Australia, which supported the AUDUSD pair.
Fundamental Overview The S&P 500 is back around the all-time highs after a strong rally triggered by the benign US PPI and the Trump’s reciprocal tariffs announcement. In fact, despite a higher than expected US PPI report, the details that feed into the Core PCE index, which is what the Fed focuses on, were all
The EUR/USD forecast indicates declining hopes for a near-term end to the Ukraine war. Ukraine’s president postponed his journey to Saudi Arabia. Market participants are looking forward to the FOMC meeting minutes. The EUR/USD forecast indicates declining hopes for a near-term peace deal to end the Russia-Ukraine war. While this hurts the euro, the dollar
EUR/GBP softens to around 0.8285 in Wednesday’s early European session. UK CPI inflation rose to 3.0% YoY in January vs. 2.8% expected. The dovish stance from the ECB might drag the Euro lower. The EUR/GBP cross weakens to near 0.8285 during the early European trading hours on Wednesday. The Pound Sterling (GBP) edges higher against the
New Zealand Dollar initially weakened following RBNZ’s 50bps rate cut today, but quickly regained ground as Governor Adrian Orr indicated that the pace of easing will slow in the coming months. Orr suggested that the central bank is likely to implement just more 25bps cuts, in April and May, provided that economic conditions unfold as
2025.02.17 2025.02.19 Economic Calendar for the Week 24.02.2025 – 02.03.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Trump and his unexpected statements have once again captured the attention of market participants. Since taking office, the newly elected US President seems to be the main newsmaker. His remarks continue to stir the markets, driving the US dollar to new highs and
Bitcoin’s journey toward a potential $500,000 price target by 2029 is gaining momentum as institutional interest continues to strengthen. Standard Chartered highlights that improved regulatory frameworks and reduced market volatility could attract more buyers, laying the foundation for long-term growth. Encouraging Q4 data from the U.S. Securities and Exchange Commission shows hedge funds leading the
Geopolitical tensions continue to support gold prices despite talks between the US and Russia, and a potential phase two deal between Israel and Hamas. Gold has held above the $2900/oz level to start the week, but the RSI indicates it is in overbought territory. The article identifies key support levels for gold at 2924, 2913,
EUR/USD slips to 1.0450 on Tuesday, cooling off after last week’s strong rally. RSI declines sharply to 55, signaling waning bullish momentum while MACD remains flat with green bars. The 20-day and 100-day SMAs are converging near 1.0450, raising concerns over a potential bearish crossover. EUR/USD took a step back on Tuesday, shedding 0.32% to
Forex markets remained subdued today, with muted reactions to key economic data. Dollar held broadly higher as traders focused on the US-Russia peace talks, where both sides agreed to continue discussions on ending Russia’s invasion of Ukraine. However, meaningful progress is unlikely without direct involvement from Ukraine and European nations, keeping market uncertainty elevated. Canadian
The Canadian dollar is calm on Tuesday. In the European session, USD/CAD is trading at 1.4194, up 0.08%. Canada’s CPI expected to creep up to 1.9% Canada releases the January inflation report later today and headline inflation is expected to edge higher to 1.9% from 1.8% in December, which was a three-month low. Headline inflation
