The Euro retreats from weekly highs, and the US Dollar picks up on speculation that Governor Waller might be the next Fed Chair. Fed Bostic warned about the impact of tariffs and cooled hopes of a September rate cut. EUR/USD found resistance at 1.1700 and is correcting lower. The EUR/USD pair slides from one-week highs […]
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 price analysis shows continued dollar weakness. Trump’s Fed pick has raised speculation about more dovish picks in the future. Market participants are awaiting employment figures from Canada. The USD/CAD price analysis shows continued dollar weakness after Trump’s pick for Fed Governor hinted at more dovishness in the central bank. At the same time,
US copper tariffs reshape market dynamics The landscape for copper producers shifted dramatically on 1 August, when the US government implemented a 50% tariff on semi-finished copper products. This policy change creates both challenges and opportunities for major producers like Antofagasta as they navigate the new trade environment. The tariff specifically targets semi-finished copper products while excluding
2025.08.08 2025.08.08 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 08.08.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, Here’s my short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: Correction continues. Consider selling with a target of 107,842.00. XRPUSD: A bullish impulse is expected to end near a
Fundamental Overview The bullish momentum has waned this week as traders turned their attention to the US CPI data coming up next week. The soft NFP report triggered a quick dovish repricing in interest rates expectations which fuelled a rally in gold as real yields fell. We’ve also seen more and more Fed members changing
A measure of the public assessment of the current situation of the Japanese economy improved less-than-expected in July, survey data from the Cabinet Office showed on Friday. The current conditions index of the Economy Watchers’ Survey rose to a 5-month high of 45.2 in July from 45.0 in June. The expected score was 45.5. However, any score
After a week of volatility, the forex markets settled into a quieter rhythm during the Asian session on Friday. Swiss Franc stabilized somewhat, but remains the weakest performer this week after a heavy blow from Washington. Switzerland’s diplomatic efforts fell short as the harsh 39% US tariff on Swiss imports officially kicked in. The import
Earlier last week, the USD/JPY surged to a four-month high of 150.92 on 1 August, but its prior accumulated gains of the previous four sessions were all wiped out and formed a weekly bearish “Shooting Star” at the close of last Friday, 1 August US session. These observations suggest a potential bullish breakout on the
For some context, they had previously forecast the Fed to cut just once more this year and that was for December. Their previous call also showed 50 bps rate cuts in Q1 2026. So, this is very much an acceleration of that. I would argue that worsening labour market conditions is playing a key role
Bank of England Chief Economist Huw Pill is speaking on Friday, August 8, 2025 gives an online presentation of the central bank’s new forecasts and latest policy decision coming up at 1115 GMT / 0715 US Eastern time GBP has found some support on the split decision and the prospect of a lower cut path
Bitcoin has recovered from a recent pullback thanks in part to improving market sentiment, a weaker US Dollar and recent crypto developments in the US. Bitcoin has rallied some 4.5% from the recent lows around the 112k mark on August 2. This low came in a day after market expectations regarding Federal Reserve rate cuts
In July 2025, Japan experienced a 3.2% increase in bank lending compared to the previous year, surpassing the forecasted 2.7% and a revised figure of 2.7% from June. The aggregate outstanding loans from major, regional, and shinkin banks reached ¥644.4 trillion. Regional banks spearheaded this growth with a 3.8% increase, while major banks posted a
The value of overall bank lending in Japan was up 3.2 percent on year in July, the Bank of Japan said on Friday – coming in at 644.396 trillion yen. That exceeded expectations for an increase of 2.7 percent, which would have been unchanged from the downwardly revised figure in June (originally 2.8 percent). Excluding
US Treasury Secretary Bessent says Trump is using tariffs as a foreign policy instrument Bessent speaking with Fox noos. Bessent is, of course, correct here. Tariffs are increasingly being deployed for purposes beyond addressing trade imbalances, with geopolitical factors playing a growing role. For example, the Trump administration imposed an additional 25% duty on India
The USD is closing lower/mixed vs the major currencies. Looking at the changes, the USD is near unchanged vs the EUR, CHF, and CAD at the close and down -0.22% vs the JPY, down -0.64% vs the GBP after the hawkish cut by the BOE, and down -0.28% vs the AUD and -.051% vs the
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
