Trading in the forex markets remain calm, with little reaction to ECB’s widely anticipated 25bps rate cut. The move to lower its deposit rate to 2.25% was fully priced in. The central bank acknowledged that Eurozone growth prospects have deteriorated due to escalating global trade tensions, but this has long been embedded in market expectations. […]
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 USD/CAD outlook shows relief for the loonie after a BoC pause. Market participants are pricing a 50% chance of a BoC rate cut in June. The greenback paused its decline after US retail sales rose by 1.4%. The USD/CAD outlook shows relief for the Canadian dollar after the Bank of Canada paused after seven
US president Donald Trump’s whipsawing tariff policies created a perfect storm for foreign exchange options dealers, as hedge funds rushed to short US dollar positions while systematic volatility sellers and large macro funds sat on the sidelines. The ensuing volatility left traders wondering if they had slipped into the wrong desks, or even another dimension.
2025.04.17 2025.04.17 Pound Extends Rally as UK Inflation Cools. Forecast as of 17.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ When the global economy faces major changes, investors tend to shift their focus away from central banks. Meanwhile, financial regulators worldwide have to decide whether to curb inflation or save the economy. Let’s discuss this topic and make a trading
![NEE Elliott Wave technical analysis [Video]](https://i0.wp.com/editorial.fxsstatic.com/images/i/General-Stocks_2_Large.png?w=1024&resize=1024,1024&ssl=1 "NEE Elliott Wave technical analysis [Video]")
NEE Elliott Wave technical analysis Function: Counter trend. Mode: Corrective. Structure: Flat. Position: Wave (C) of 2. Direction: Bottoming in Wave (C). Details: Intermediate wave (C) appears to be near completion within a broader Primary wave 2 structure. This setup shows a three-wave corrective pattern, indicating the potential for a reversal. NEE Elliott Wave technical analysis Function: Counter trend. Mode: Corrective. Structure: Flat. Position: Wave 4
2025.04.17 2025.04.17 Era of Strong US Dollar Over. Forecast as of 17.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The era of a strong US dollar has come to an end, and even the euro, which has many vulnerabilities, is currently performing significantly better than the greenback. Traders are taking advantage of EURUSD pullbacks to open long trades, and the
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
Tariffs present a major challenge, uncertainty unseen for a long time in Japan Difficult to assess the impact of tariffs on the economy and prices currently It’s not just Japan but pretty much all central banks across the globe that is feeling this way. It’s the same for the Fed as well when viewing Powell’s
The forex markets held steady in tight ranges during Asian session, with investors treading cautiously ahead of the Easter long weekend. Market mood has been mildly lifted by signs of progress in US-Japan trade negotiations. In a surprise move, US President Donald Trump joined preliminary talks and later declared “Big Progress!” via social media, injecting
The Bank of Korea kept its interest rate unchanged on Thursday as uncertainty about future growth increased due to the changes in the US trade policies and the implementation of government stimulus measures, while the currency showed a high volatility over a short period of time. The monetary policy board, governed by Rhee Chang Yong,
FX option expiries for Apr 17 NY cut at 10:00 Eastern Time via DTCC can be found below. EUR/USD: EUR amounts 1.1200 1.1b 1.1225 831m 1.1250 877m 1.1360 775m 1.1500 781m GBP/USD: GBP amounts USD/JPY: USD amounts AUD/USD: AUD amounts 0.6200 665m 0.6300 557m 0.6400 958m USD/CAD: USD amounts 1.3685 1.3b 1.3950 1.2b 1.4000 2b Source link
Europe-based ASML, the world’s biggest semiconductor chip-making equipment supplier, warned that US tariffs were increasing uncertainty around its earnings outlook for 2025 and 2026, which added “salt” to yesterday’s risk-off sentiment. The US dollar continued to weaken, and safe-haven currencies, the Swiss franc and Japanese yen, outperformed among the major currencies with daily gains of
Reserve Bank of New Zealand news: Reserve Bank of New Zealand Assistant Governor Simone Robbers resigns Finishes up at the end of May 2025 Assistant Governor/General Manager Strategy, Engagement and Sustainability Former RBNZ Governor Orr resigned abruptly in March. This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Singapore Non-oil Domestic Exports (NODX) miss forecasts +5.4% y/y in March expected +14.1%, prior +7.6% Exports to Taiwan, Indonesia, Hong Kong, Thailand, Japan and South Korea increased y/y Exports to China declined. This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Japan’s Economy Minister Ryosei Akazawa said early Thursday that the officials agreed to hold a second meeting with the United States this month. Key quotes Told US negotiation counterparts Japan wants the best solution as soon as possible for both nations.Strongly requested revocation of tariffs on Japan.Agreed to hold a second meeting this month.Says there was no
