The Japanese yen is in negative territory on Friday. In the European session, USD/JPY is trading at 143.45, up 0.59% on the day. Tokyo Core CPI rises to 3.4% Tokyo Core CPI rose to 3.4% y/y in April, its highest level since April 2023. This was sharply higher from the 2.4% gain in March and […]
2025.04.25 2025.04.25 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 25.04.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: Correction [2] is formed, and the bullish impulse wave [3] is in progress. Consider long positions
There’s a cautious tone of optimism in Asian markets today, though gains are largely concentrated in Japan, South Korea, and Hong Kong. This moderate rally is being supported by a handful of headlines suggesting incremental movement in global trade diplomacy, even if concrete progress remains limited. One of the more notable developments comes from a
To maintain abundant liquidity and strengthen support for the real economy Will create structural monetary policy tolls and new policy-based instruments to expand consumption Will focus on stabilising employment, market expectations Necessary to increase income of low and middle-income groups Will accelerate the integration of domestic and foreign trade This article was written by Justin
Inflation in Japan’s capital accelerated notably in April, data from the Ministry of Internal Affairs revealed Friday. Excluding fresh food, Tokyo core inflation advanced to 3.4 percent from 2.4 percent in the previous month. This was above economists’ forecast of 3.2 percent and also reached the highest level in two years. Overall consumer prices in
USD/CAD edges higher as the US Dollar strengthens due to optimism surrounding potential US trade deals. Washington appears to be making headway in early trade discussions with Asian allies, including South Korea and Japan. The Canadian Dollar remains under pressure as Trump suggested that the 25% tariff on Canadian auto imports could be raised. USD/CAD
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 Finance Ministry said on Friday that the current world economic growth momentum was insufficient, with tariff and trade wars further impacting economic and financial stability, per Reuters. He called on all parties to further improve the international economic and financial system by strengthening multilateral cooperation. Key quotes Tariff wars and trade wars have further
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
Eamonn is off today because it’s a holiday in Australia and New Zealand so I’ll be sitting in for Asian trade. The main data highlight comes at 0030 GMT (8:30 am in Tokyo) with the release of April Tokyo CPI for April. Excluding fresh food, it’s expected to rise to 3.2% y/y, which should provide
Gold snaps two-day losing streak, gaining 1.5% on fresh trade war fears. Trump softens tariff talk, but China denies negotiations and demands full rollback. Fed rate cut bets rise as yields drop and economic uncertainty builds. Gold price snapped two days of losses on Thursday and rose $50, or more than 1.50%, amid renewed concerns
GBP/USD rebounds past 1.3300 as US-China tensions rattle US Dollar Pound Sterling recovers against US Dollar despite hopes on US-China trade deal GBP/USD Price Forecast: Bullish outlook remains in play above 1.3250 Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this
UK retail sales will be released on Friday, with the markets bracing for a decline of 0.4% m/m for March. This follows a respectable 1% gain in February. Annualized, the market estimate stands at 1.8%, following a 2.2% gain in February. Consumer confidence remains weak and the GfK consumer confidence index, which will be released
Speaking on CNBC, BOE Bailey says: We see impact of tariff uncertainty coming through two business investment and consumers. Impact of tariffs on exchange-rate has not been that large for the UK. We are focused on the growth shock from tariffs. I don’t think UK economy is close to recession. Last GDP data was quite
