EUR/USD continued to churn near the 1.0800 level on Tuesday. Markets are bracing for tariff announcements from the Trump administration on Wednesday. Economic data takes a back seat to Trump tariff stress, but NFP still looms ahead. EUR/USD stuck to familiar levels on Tuesday, churning chart paper close to the 1.0800 handle as investors brace […]
Federal Reserve Bank of Chicago President Austan Goolsbee spoke in a Fox TV interview: Hard data on US economy still pretty solid If can get past this period of uncertainty, underlying strength of economy is still there Soft data looks very different from hard data Confidence is almost cratering Problem of tariffs is they are
DXY trades near the 104.20 zone after mixed reaction to PMI and Job Openings data. Manufacturing activity contracts and hiring slows, keeping stagflation risks in play. Resistance seen around 104.84 with support clustering near 104.13. The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, trades near
The three-month sell-off in the Nasdaq 100 has lowered its valuation to a “cheaper level”. Momentum factors and sector rotation analysis suggest that further potential downside prevails in the Nasdaq 100 despite a “cheaper” valuation. Watch the key 19,125 potential downside trigger level on the Nasdaq 100. /* Requesting advertisement by calling an endpoint assures
I was in Toronto on Monday to speak with BNNBloomberg about the playbook for trading the tariff news on Wednesday. I dove into what’s priced in and how to react to the initial headlines, which are now expected at 4 pm on Wednesday but could leak out sooner. I argued that we are at maximum
EUR/USD finds cushion near 1.0780 after the release of the weak US ISM Manufacturing PMI and JOLTS Job Openings data. The Eurozone inflation grows at a faster pace in March on month but cools down on a yearly basis. Market participants are mixed over whether Trump’s tariffs would lead to a recession in the US. EUR/USD recovers some
Global markets are trading with a mixed tone today as investors brace for the long-awaited reciprocal tariff announcement from the US tomorrow. Asian stocks staged a moderate recovery from Monday’s selloff, while European indexes are also slightly in black. However, US futures are coming under renewed pressure. Meanwhile, Gold continues to shine amid the unease,
Indonesia’s new central counterparty (CCP) for foreign exchange derivatives is to seek recognition from regulators in three overseas jurisdictions this year, amid a flurry of membership enquiries from foreign banks. “[Foreign banks] have shown their enthusiasm [and] willingness to join,” said Abdul Hadie, head of strategic planning and enterprise risk management at Indonesia Clearing and
The USD/JPY price analysis shows a rebound in the safe-haven yen. Data on Tuesday revealed poor business sentiment among Japanese manufacturers. The dollar drifted on Tuesday, ahead of the start of new tariffs. The USD/JPY price analysis shows a rebound in the safe-haven yen as traders increasingly worry about the looming Trump tariffs. However, trading
2025.04.01 2025.04.01 Ripple Price Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ XRP (Ripple) is one of the most well-known cryptocurrencies in the market. Powered by RippleNet and the Ripple Protocol Consensus Algorithm (RPCA), it enables fast, low-cost transactions without the need for mining. In contrast to Bitcoin, Ripple relies on trusted
Kenneth Fisher Market Analyst A highly experienced financial market analyst with a focus on fundamental analysis, Kenneth Fisher’s daily commentary covers a broad range of markets including forex, equities and commodities. His work has been published in several major online financial publications including Investing.com, Seeking Alpha and FXStreet. Based in Israel, Kenny has been a
Rising inflation expectations are a concern. Inflation expectations remain anchored. Slack is opening in the UK labour market. Disinflation continues to be underway. Wage growth is above what our models can explain. Worried supply is weaker than expected. I am more worried about supply than demand. It’s possible people are now more sensitive to inflation.
2025.04.01 2025.04.01 Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 01.04.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Cryptocurrencies continue to plunge according to forecasts. The article covers the following subjects: Major Takeaways BTCUSD: The price is expected to fall to the previous low. Consider
Flash inflation, unemployment and final manufacturing Purchasing Managers’ survey data from the euro area are due on Tuesday, headlining a busy day for the European economic news. At 2.00 am ET, UK Nationwide house price data is due. Economists forecast house prices to rise 0.2 percent month-on-month in March, slower than the 0.4 percent rise
The global equity selloff appears to have passed its peak—at least for now. After days of heavy risk-off moves driven by fears surrounding the upcoming US reciprocal tariffs announcement on Wednesday, traders have taken a cautious step back into a wait-and-see mode. US indexes clawed back most of their earlier losses overnight, closing mixed. Asian
![DAX is declining in an impulsive structure [Video]](https://i0.wp.com/editorial.fxsstatic.com/images/i/Equity-Index_DAX-1_Large.jpg?w=1024&resize=1024,1024&ssl=1 "DAX is declining in an impulsive structure [Video]")
The $DAX appears to be tracing a five-wave impulsive decline from its recent high on March 18, 2025. In Elliott Wave theory, an impulsive structure consists of five distinct waves. Wave 1, 2, 3, 4, and 5 as motive wave moves the direction of the prevailing trend, which in this case is downward. This pattern
