Commodity currencies, including Australian, New Zealand, and Canadian Dollars, are trading broadly higher in today’s Asian session, buoyed by continued recovery in global stock markets. Sterling is also advancing alongside, supported by improving risk sentiment. Meanwhile, traditional safe havens like the Swiss Franc, Japanese Yen, are on the back, along with the greenback foot. Swiss […]
United Kingdom Claimant Count Rate remains unchanged at 4.7% in March Source link
UK retail sales increased in March as improving weather boosted house and garden related purchases, the British Retail Consortium reported Tuesday. Retail sales grew 1.1 percent on a yearly basis in March. However, this was slower than the 3.5 percent growth in the same period last year. This year, Easter is in April, while it
Japanese automaker Nissan is to cut domestic production of its top-selling US model, the Rogue SUV, during the period of May to July this year. Nissan is said to be altering its manufacturing plans in response to US tariffs and will reduce production of the Rogue SUV by 13,000 vehicles at its plant in Kyushu
New Zealand food inflation accelerated to a 14-month high in March, Stats NZ said on Tuesday. Food prices grew 3.5 percent on a yearly basis in March, faster than the 2.4 percent increase in February. The rate was the strongest since January 2024. Prices for the grocery food group and the meat, poultry, and fish
Japanese Finance Minister Shunichi Kato said on Tuesday, “excessive volatility would negatively affect economic and financial stability.” Additional quotes Planning to attend the Spring meetings of IMF, World Bank in Washington. Forex rates should be determined by markets. Have agreed with Bessent to closely communicate on forex. Closely monitoring financial markets as they have been
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Federal Reserve Bank of Atlanta President Raphael Bostic speaking on monetary policy in a moderated conversation hosted by Emory University, in Atlanta, Ga: Right now range of possible outcomes has multiplied Boundaries of what I thought could be possible have been blown up Labor market is effectively at full employment Says inflation still much higher
GBP/USD rose another 0.75% on Monday, climbing for a week straight. The Sterling’s broad recovery against the Greenback is poised to run up against key UK data this week. UK labor figures are due on Tuesday, followed by UK CPI inflation data on Wednesday. GBP/USD rose three-quarters of one percent on Monday, climbing for a
It was a relatively quiet day in the markets with only Canadian wholesale trade data on the economic calendar. However, tariffs remained front and center in market discussions. Last week, the Trump administration raised tariffs on Chinese goods to 145%, prompting swift retaliation from Beijing. At the same time, the U.S. delayed tariffs on several
United States (US) Treasury Secretary Scott Bessent noted on Monday that the US isn’t even close to any emergency scenarios that nobody was even worried about to begin with. He also reiterated that the US will be pursuing “fair” trade negotiations with countries looking to secure exemptions from tariffs that the Trump administration sold as
The US Dollar Index saw choppy action near the 99 zone in Monday’s session, rebounding from a fresh three-year low. Tariff uncertainty, sinking consumer confidence and elevated inflation expectations continue to weigh on sentiment. Technical signals remain bearish, with price capped below key resistance at the 101.80–102.20 zone. The US Dollar Index (DXY) recovered slightly
2025.04.14 2025.04.14 Mastering the True Strength Index: A Comprehensive Guide for Traders Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The True Strength Index (TSI) is a momentum oscillator that helps traders analyze trend strength and assess overbought and oversold conditions in the market. It helps identify potential changes in trend direction and highlights optimal entry and exit points. TSI reflects
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 global financial markets are enjoying a modest recovery today, with gains seen across Asia and Europe. US futures also point to a higher open, suggesting the bounce from last week’s dramatic selloff are having further legs. News flow is relatively light, with no major economic data releases, and tariff headlines have also slowed. The
