The euro is calm on Wednesday. In the North American session, EUR/USD is trading at 1.1334, down 0.45% on the day. German CPI drops, core inflation rises Germany’s inflation rate dropped to 2.1% y/y in April, down from 2.2% in March but above the market estimate of 2.0%. This was the lowest level in seven
“I Do as the President Says”: Musk’s Edgy Pulse Check on Federal Employees In a moment dripping with Muskian wit at President Trump’s live Cabinet meeting today, Elon Musk, not shy of controversy, explained the blunt reasoning behind his recent email “pulse check” to the federal workforce. “Do you have a pulse? Do you have
2025.04.30 2025.04.30 Binance Coin (BNB) Price Forecast & Predictions for 2025, 2026–2027 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Binance Coin (BNB) is a native token of the Binance cryptocurrency ecosystem. Since its launch in 2017, the coin’s price has increased significantly. However, as with other digital assets, it is subject to increased volatility. In 2025, the crypto
Tariff volatility pushes banks to tighten close-outs – FX Markets End of drawer navigation content Skip to main content Lawyers say dealers are looking to update playbooks for terminating derivatives trades Banks have been looking to update procedures for dealing with over-the-counter derivatives close-outs and margin calls following the recent bout of US tariff-driven market
Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by much less than expected in the month of April. ADP said private sector employment climbed by 62,000 jobs in April after surging by a downwardly revised 147,000 jobs in March. Economists had expected private sector employment to jump
Risk sentiment soured as US session commenced after data showed the economy unexpectedly contracted in the first quarter. Although the decline was heavily influenced by a surge in imports, which mechanically subtract from GDP calculations, the result still serves as a stark reminder that economic momentum was already faltering even before the full impact of
The US Dollar trades marginally higher against most major currencies. President Trump lashed out at Fed’s Powell again during a rally in Detroit. The US Dollar Index is capped below the 100.00 round level ahead of key US data. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six
2025.04.30 2025.04.30 Loonie Will Fight for Sovereignty. Forecast as of 30.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Canadian elections have revealed that its citizens prioritize the country’s sovereignty over economic stability. The future of the USDCAD pair will depend on the extent of the economic challenges. Let’s discuss this topic and make a trading plan. The article covers
Crude Oil Futures Order Flow Intel: Bullish Momentum Building (Prediction Score: +6) Crude oil futures (current price: 59.82) are showing early signs of a bullish reversal. The professional order flow intel analysis identifies strong buyer interest emerging at current price levels after sustained earlier selling. Why a Prediction Score of +6? The bullish bias of
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Global financial markets are largely steady ahead of a packed economic calendar, with traders bracing for volatility as Eurozone and US GDP figures, as well as US PCE inflation data, are due shortly. Despite negative signals from China’s latest PMI reports, and another round of trade headlines, market reactions remain muted. Risk sentiment is cautiously
German inflation remains a bit of a sticking point for the ECB. But at this point, the central bank can be thankful for a softening economic backdrop to reinforce their position on rate cuts. Core annual inflation in Germany was seen at 2.6% in March, so that will be again the key estimate to watch
NZD/USD lacks any firm intraday direction amid a combination of diverging forces. A positive risk tone supports the Kiwi, though a modest USD uptick caps the major. Mixed Chinese PMIs do little to provide any meaningful impetus to spot prices. The NZD/USD pair struggles to gain any meaningful traction during the Asian session on Wednesday
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate
