By Stefano Rebaudo (Reuters) -The dollar took a dive on Monday after U.S. President-elect Donald Trump was quoted as saying he will not impose trade tariffs straight after his inauguration, which is set to take place later in the session. Trump will issue a broad trade memo on Monday that stops short of imposing new
2025.01.20 2025.01.20 Top 10 Forex Robots for Automated Trading Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Who earns more on the financial markets: an automated trading expert advisor or a real person? The best Forex robots can analyze the situation thousands of times faster, sort through the possible options and choose the best one. In addition, advisers are not susceptible
Future Sales Expectations at +31% vs +13%: Improved outlook with stronger demand expected, boosted by interest rate cuts (highest since Q2 2021) More widespread plans to increase investment, well above historical average Recession expectations at 15% vs 16% Further easing in capacity constraints, labor shortages less intense Labor shortages among lowest in survey history (ie,
Dollar weakened broadly in early US session as reports from The Wall Street Journal indicated that Donald Trump, during his inauguration, will only outline his trade vision but avoid imposing new tariffs for now. While this temporarily calms market fears of immediate disruptions, the situation remains dynamic, and unexpected developments could trigger sharp reversals, especially
Gold prices found stability above $2700/oz after an initial drop. Historically, gold prices saw an initial two-day rally followed by a decline after Trump’s 2017 inauguration, driven by safe-haven demand and uncertainty. Technically, gold appears to be in a “wait and see” mode, with a bounce off the 2700 handle suggesting potential upside. Markets will
Investing.com – Sterling has struggled of late, weighed by concerns surrounding the UK’s financial position. UBS sees the potential for further losses near term, but thinks the fiscal concerns are undone and gains are likely later in the year. At 06:15 ET (11:15 GMT), rose 0.2% to $1.2201, but has dropped over 3% over the
New Zealand Dollar (NZD) is likely to trade sideways between 0.5560 and 0.5610. In the longer run, upward momentum has largely faded; NZD is expected to trade in a 0.5540/0.5650 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. NZD to trade in a 0.5540/0.5650 range 24-HOUR VIEW: “Our view for NZD
Trump’s presidency might be bullish for the dollar. Trump’s tariffs will increase demand for locally produced goods. Traders expect the Bank of Japan to hike rates this week. The USD/JPY forecast shows indecision ahead of Trump’s inauguration speech. At the same time, market participants are gearing up for the Bank of Japan policy meeting. However,
Dollar is trading slightly lower today as markets await Donald Trump’s inauguration as the 47th US President. Attention is focused on his inaugural speech, expected to confirm his policy priorities. However, the real market-moving event is likely to be the series of executive actions Trump has promised to enact immediately. Over 200 directives are anticipated,
2025.01.20 2025.01.20 Short-Term Analysis for Oil, Gold, and EURUSD for 20.01.2025 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. The euro is
There is just one to take note of, as highlighted in bold. That being for EUR/USD at the 1.0300 level again. Amid some slight dollar weakness ahead of Trump’s inauguration, the expiries here should act as a magnet to keep price action more contained near the figure level in European trading at least. Also, do
GBP/USD Weekly Outlook: US President Trump means fresh challenges for Pound Sterling The Pound Sterling (GBP) paused its downtrend against the US Dollar (USD), fuelling a tepid GBP/USD recovery from 14-month lows of 1.2100. This week, it was all about the inflation data from the United Kingdom (UK) and the United States (US). However, the
The value of core machinery orders in Japan was up a seasonally adjusted 3.4 percent on month in November, the Cabinet Office said on Monday – coming in at 899.6 billion yen. That exceeded expectations for a decline of 0.7 percent following the 2.1 percent increase in October. On a yearly basis, orders jumped 10.3
Investing.com– The U.S. dollar’s recent strength may falter as key indicators suggest it is overbought, BCA Research analysts said in a note. Analysts recommend caution on the greenback and point to the Australian dollar as a promising alternative, driven by optimism in Australia’s economy and favorable dynamics in global commodity markets. The U.S. dollar, a
Repeating what I posted last week as a heads up to this. Monday January 20 is the Martin Luther King Day holiday in the US: The two major stock markets – the New York Stock Exchange and the Nasdaq – will be closed on Monday, 20 January 2025 Bond markets are closed. The Securities Industry
