Swiss Re expects LA wildfire costs to come in at under $700 million
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Camarilla Pivot Points: Strategies for Successful Trading
2025.02.27 2025.02.27 Camarilla Pivot Points: Strategies for Trading Success Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ The Camarilla indicator, developed by trader Nick Scott in 1989, builds on the concept of pivot points in trading that dates back to the 1930s. The basic idea behind Camarilla pivot points is that, in many instances, prices tend to revert to the previous
Swiss franc dips as Swiss GDP declines
The Swiss franc is down for a second straight trading day. In the European session, USD/CHF is trading at 0.8980, up 0.38% on the day. Switzerland’s GDP eases to 0.2% The Swiss economy slowed to 0.2% q/q in the fourth quarter of 2024, down from 0.4% in Q3 and in line with expectations. This was
Has a chance to decline further – UOB Group
New Zealand Dollar (NZD) could decline further vs US Dollar (USD), but it does seem to have enough momentum to break and remain below 0.5680. In the longer run, if NZD breaks and remains below 0.5680, it could trigger a decline to 0.5645, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. NZD
USD/CAD Outlook: Tariff Uncertainty Drags Down Loonie
The USD/CAD outlook shows tariff uncertainty. Trump delayed the implementation of a 25% tariff on Canadian and Mexican goods. Traders eagerly await the US inflation report due on Friday. The USD/CAD outlook shows tariff uncertainty, which is weighing on the Canadian dollar and strengthening the US dollar. Uncertainty about Canada’s economy amid tariffs has weakened
Technical analysis for USCrude, XAUUSD, and EURUSD today (27 February 2025)
2025.02.27 2025.02.27 Short-Term Analysis for Oil, Gold, and EURUSD for 27.02.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil continues to
Dollar Attempts Another Comeback, Aussie Lags
Dollar traded broadly higher in Asian session, trying to stage a comeback after a failed rally attempt overnight. Renewed focus on tariffs appears to be driving some of the greenback’s momentum. Meanwhile, broader market sentiment is just steady following Nvidia’s strong earnings report, with lingering concerns over competition from China’s DeepSeek AI continue to weigh.
Futures gain ground in G10 FX pricing
A growing number of market-makers and traders say price discovery for several key G10 currencies has already shifted to CME’s foreign exchange futures markets and away from primary venues for certain pairs. In particular, some senior figures say futures contracts have become the primary pricing reference point for the Commonwealth currencies – Australian dollar, Canadian
Cable heavy in Asia trade, not helped by 11. Strong USD and 2. Weak service sector outlook
The US dollar is firm pretty across the major FX board, with the uncertainty over tariffs widely cited as keeping riskier trades out of the spotlight. Cable is no exception, trading heavily during Asia time A report earlier isn’t helping. The Confederation of British Industry’s quarterly survey of services firms showed that profitability among business
Australian Dollar appreciates despite a disappointing Q4 Private Capital Expenditure
The Australian Dollar holds gains after the release of a weaker-than-expected Private Capital Expenditure on Thursday. Australia’s Private Capital Expenditure unexpectedly contracted by 0.2% QoQ in Q4 2024, falling short of market expectations for 0.8% growth. The US Dollar continues to strengthen as traders evaluate the economy’s performance and the outlook on tariffs. The Australian
Australia Capex Slips 0.2% In Q4
The total value of new capital expenditure in Australia was down a seasonally adjusted 0.2 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Thursday – coming in at A$43.961 billion. That missed forecasts for an increase of 0.6 percent following the 1.1 percent gain in the previous
PBOC is expected to set the USD/CNY reference rate at 7.2561 – Reuters estimate
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
US Dollar gets some air ahead of GDP and PCE data
US Dollar Index stabilizes around 106.40, hovering near its lowest levels of 2025. Traders anticipate rate cuts, with Fed bets now pricing in two reductions for 2025. US President Trump confirms 25% tariffs on Canada, Mexico, and the EU but delays implementation until April. Markets await the Personal Consumption Expenditures (PCE) data, the Fed’s preferred
BoJ Core CPI climbs to 2.2%, yen declines
The Japanese yen is slightly lower on Wednesday. In the North American session, USD/JPY is trading at 149.25, up 0.16% on the day. Japanese yen flexing muscles What is the best performing G-10 currency against the US dollar this year? Surprisingly, the Japanese yen is the winner, with gains of about 5% against the greenback.
Cable catches a bid into the London fix
We’re near month-end so I’m not surprised to see some flows driving trade. Cable has been strong in the last 30 minutes or so and that’s likely on fixing flows and perhaps some stops above yesterday’s high. The pair is now trading at the best levels since December 17. cable 10 mins If it can
Thrusting Pattern: Examples and Trading Strategies
2025.02.26 2025.02.26 Thrusting Candlestick Pattern: Learn How To Trade It Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ A Thrusting candlestick is a technical analysis pattern that indicates a trend continuation following a correction. It enables traders to predict price action and identify optimal entry and exit points. Technical analysis empowers traders to assess market intricacies and implement optimal trading strategies