Trump emphasized his plans to impose tariffs on Canada and Mexico. The US economy grew by 2.3%, compared to estimates of 2.7%. The yen is set to end the week with an over 1.5% gain. The USD/JPY price analysis indicates an increasing likelihood of a 25% US tariff on goods from Mexico and Canada, supporting
Bitcoin’s price surges past $105k, driven by a weaker US dollar and growing institutional interest. Several US states are considering adopting Bitcoin reserves, further enhancing Bitcoin’s appeal. Grayscale launches a Bitcoin Miners ETF. On-chain analysis suggests potential for further price appreciation. Most Read: US Dollar Index (DXY) Analysis: Hawkish FOMC Pause, Trump’s Fed Criticism, and
Euro is trading slightly higher following the ECB’s widely expected 25bps rate cut, though the move lacks strong momentum. In her post-meeting press conference, President Christine Lagarde reinforced the bank’s “gradual easing path”. She stated that a larger 50bps cut was not even considered today, making it clear that an aggressive rate-cutting cycle is off
Deutsche says that their month-end FX model is hinting at conflicting signals from a relative equity performance versus a seasonal performance standpoint. The firm says that rebalancing flows on the back of relative equity performance suggests mild USD buying against the euro. However, seasonality points towards broad USD selling – in particular on month-end itself
2025.01.30 2025.01.30 Mastering the Long-Legged Doji: A Trader’s Guide Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ A long-legged doji is part of the broader doji family. This candlestick pattern has long wicks or shadows. Traders use it to predict price reversals in the market. The pattern consists of a candlestick with a small body, which has almost the same opening
The BoC lowered borrowing costs by 25-bps as expected. Canada’s central bank downgraded its economic forecasts. The Federal Reserve kept rates unchanged as expected. The USD/CAD forecast shows a divergence in policy and economic outlooks between the Bank of Canada and the Fed due to Trump’s policies. BoC policymakers are worried Trump’s tariffs will weaken
LCH expects to boost deliverable FX clearing with new adds – FX Markets End of drawer navigation content Skip to main content Onboarding of dealers and link-up with CLS could swell interbank deliverable FX clearing volumes LCH ForexClear is entering the next phase of its deliverable interbank foreign exchange forwards clearing service. As some of
The US Dollar traded in a positive fashion after the Fed left its interest rates unchanged, as widely anticipated, and Chief Powell delivered a neutral message at his press conference. Here is what you need to know on Thursday, January 30: The US Dollar Index (DXY) kept the weekly bid bias in place helped by
The British pound is showing little movement on Wednesday. In the North American session, GBP/USD is trading at 1.2440, up 0.02% on the day. Bailey says UK debt could spiral higher Bank of England Governor testified before the Treasury Select Committee today and warned that the UK needed to address the increase in government debt
Canadian Dollar is steady after BoC delivered its sixth consecutive rate cut, lowering its policy rate by 25bps to 3.00% as expected. The pace of easing has slowed from December’s 50bps reduction, reflecting a more measured approach as interest rate sits inside neutral zone. BoC explicitly warned of risks stemming from potential US tariffs, noting
2025.01.29 2025.01.29 Microsoft (MSFT) Stock Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Microsoft (MSFT) is one of the world’s leading technology companies, playing a vital role in shaping the current digital landscape. Its stock remains attractive to investors due to the company’s stable growth, innovative solutions, and financial performance. In recent
Prior was +0.8% GDP Q4 Y/Y +3.5% vs 3.2% prior. “Gross Domestic Product (GDP), measured in terms of volume, increased by 0.8 per cent in the fourth quarter from the previous quarter. This rate was similar to that of the third quarter of 2024. Domestic demand contributed 1.2 points to quarterly GDP growth. For its
The US Treasury is proposing a gradual increase in universal tariffs, causing uncertainty in the US Dollar and market expectations. The Federal Reserve meeting tomorrow is expected to result in an extended pause due to tariff uncertainties and potential inflation impact. Gold maintains a bullish bias due to uncertainties around tariffs and their impact, with
US CB Consumer Confidence Index declined in January. The US Dollar Index consolidates daily gains slightly below 108.00. Consumer sentiment in the US deteriorated in January, with the Conference Board’s (CB) Consumer Confidence Index declining to 104.1 from 109.5 in December. In this period, the Present Situation Index fell by 9.7 points to 134.3 and
Consultation papers are like tea leaves or runes: observers study them for clues to future actions or events. Such is the case with Iosco’s latest consultation paper on the controversial practice of pre-hedging. The document, released last November, has raised niggling concerns among market participants that the global standard-setter may be weighing tighter rules on
