It was a relatively quiet day in the markets with only Canadian wholesale trade data on the economic calendar. However, tariffs remained front and center in market discussions. Last week, the Trump administration raised tariffs on Chinese goods to 145%, prompting swift retaliation from Beijing. At the same time, the U.S. delayed tariffs on several […]
United States (US) Treasury Secretary Scott Bessent noted on Monday that the US isn’t even close to any emergency scenarios that nobody was even worried about to begin with. He also reiterated that the US will be pursuing “fair” trade negotiations with countries looking to secure exemptions from tariffs that the Trump administration sold as
The US Dollar Index saw choppy action near the 99 zone in Monday’s session, rebounding from a fresh three-year low. Tariff uncertainty, sinking consumer confidence and elevated inflation expectations continue to weigh on sentiment. Technical signals remain bearish, with price capped below key resistance at the 101.80–102.20 zone. The US Dollar Index (DXY) recovered slightly
2025.04.14 2025.04.14 Mastering the True Strength Index: A Comprehensive Guide for Traders Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The True Strength Index (TSI) is a momentum oscillator that helps traders analyze trend strength and assess overbought and oversold conditions in the market. It helps identify potential changes in trend direction and highlights optimal entry and exit points. TSI reflects
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
The global financial markets are enjoying a modest recovery today, with gains seen across Asia and Europe. US futures also point to a higher open, suggesting the bounce from last week’s dramatic selloff are having further legs. News flow is relatively light, with no major economic data releases, and tariff headlines have also slowed. The
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
Following the victory of the centre-right CDU/CSU in Germany’s federal election on February 23, and with newly appointed Chancellor Friedrich Merz proposing aggressive fiscal policies aimed at boosting infrastructure and defence spending, business sentiment in Germany’s key manufacturing sector has improved notably. This uptick contrasts with a decline in confidence within the U.S. services sector,
Silver price trades firmly around $32.30 amid intensifying trade war between the US and China. China has increased the import duty on imports from the US to 125%. Growing risks of a US recession have strengthened US bond yields. Siver price (XAG/USD) clings to Friday’s gains near $32.30 during European trading hours on Monday. The
The USD/CAD forecast shows the loonie trading near a five-month high. Last week, the Canadian dollar gained over 2.4%. Market participants are pricing a 60% chance of a BoC pause. The USD/CAD forecast shows the loonie trading near a five-month high as traders anticipate a Bank of Canada pause. At the same time, a weak
2025.04.14 2025.04.14 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 14.04.2025 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: the price is expected to decline in correction 2. Consider opening short positions from the current level
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
Financial markets opened the week on a relatively steady footing in Asia, offering investors a brief respite after last week’s extreme volatility driven by US tariff chaos. Major stock indexes are trading higher, though gains appear more a product of technical consolidation than renewed optimism. In currency markets, most major pairs and crosses are contained
China’s exports surged in March as businesses front loaded their orders to avoid higher US tariffs, while imports declined more than expected due to weaker demand, data from customs office showed on Monday. Exports logged an annual growth of 12.4 percent in March, which was much bigger than the expected growth of 4.4 percent. Meanwhile,
The Japanese Yen continues to attract safe-haven flows amid the escalating US-China trade war. Hopes that Japan might strike a trade deal with the US contribute to the bid tone around the JPY. The divergent BoJ-Fed policy expectations provide an additional boost to the lower-yielding JPY. The Japanese Yen (JPY) trims a part of strong
