1615 GMT / 1215 US Eastern time: Federal Reserve Board Governor Michael Barr participates in “Banking Policy” discussion before the 2025 Banking Institute event hosted by the University of North Carolina Law School Barr resigned from his position as Vice Chair for Supervision of the Federal Reserve Board, effective February 28, 2025. However, he continues […]
The Indian Rupee softens in Friday’s Asian session. Month-end US Dollar demand, fears of a global trade war and higher oil prices weigh on the INR. The US February PCE inflation data will take center stage later on Friday. The Indian Rupee (INR) remains weak on Friday, pressured by month-end US Dollar (USD) demand from
The Wall Street Journal (gate) is reporting that Trump has warned US automakers not to raise prices: Trump told the executives that the White House would look unfavorably on such a move, leaving some of them rattled and worried they would face punishment if they increased prices, people with knowledge of the call said. Instead,
In a recent update from the Federal Reserve, the reserve balances held by U.S. banks have demonstrated a subtle uptick, signaling sustained liquidity strength in the banking sector. As of the latest data update on March 27, 2025, reserve balances have risen from the previous mark of $3.425 trillion to $3.450 trillion. This shift, albeit
The Bank of Japan (BoJ) published the Summary of Opinions from its March monetary policy meeting, with the key findings noted below. Key quotes One member said inflation is somewhat overshooting expectations. One member said wage hikes in spring wage talks are somewhat exceeding last year’s figures, with nominal wages rising at a pace in
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
Canadian Prime Minister Mark Carney cautioned markets that the Canadian government is both ready and willing to start retaliatory trade actions against US President Donald Trump. The White House is set to kick off a wide array of tariffs across the board that will enact sharp economic pain on all of the US’s foreign trading partners and constituents at
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
GBPUSD technicals The GBPUSD has been in a steady uptrend since bottoming at 1.20987 on January 13, a low that aligned closely with support levels from September and October 2024 (see red circle on the daily chart). Since then, the pair has continued to step higher, carving out a series of higher lows and higher
2025.03.27 2025.03.27 Average Daily Range (ADR) Indicator for Forex Trading Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ The ADR indicator is based on statistical patterns. By using them, a trader can increase the potential income. The indicator shows levels in the chart where one should take profits and open new trading positions. The article provides the indicator formula and the
GBP/JPY has been trending upward since February 7, fueled by Yen weakness and GBP strength. A symmetrical triangle pattern on the daily chart suggests a potential breakout and bullish rally, possibly to 222.00. Key support levels are 194.00, 193.50, 192.00, while resistance levels are 197.50, 198.96, 200.00. Most Read: Gold Price Forecast: Will Tariffs and
Global headlines remain focused on US President Donald Trump’s unfolding tariff regime. But traders are telling a slightly different story. FTSE and DAX slip into negative territory, but the pullback in equities remains limited. Sterling and Euro are both strengthening against Dollar indeed. Tones out of London and Brussels are in stark contrast. UK Chancellor
Consumer price inflation in Iceland slowed for a third straight month in March and sunk to its lowest level in over four years, preliminary data from Statistics Iceland showed on Thursday. The consumer price index rose 3.8 percent year-on-year in March after a 4.2 percent in February. This was the weakest increase since December 2020,
European Central Bank (ECB) policymaker François Villeroy de Galhau said Thursday that “an increase in long-term yields, all things being equal, tightens financial conditions.” “France needs to bring back the deficit to 3%,” he added. Market reaction The EUR/USD pair is oscillating in a narrow range around 1.0775, up 0.14% at the time of writing. Euro
Hedge funds are turning once again to hybrid options – a standout feature of 2024’s wave of ‘Trump trades’. This time, though, firms are using the structure to express views on tariffs and the threat of recession. Investors placed high numbers of hybrid option bets on US exceptionalism in 2024, as they correctly predicted that
The major uptrend phase of the Hang Seng Index from January 2024 remains intact. Daily RSI momentum indicator suggested an overstretched rally where its medium-term uptrend may have reached a terminal point on 19 March. A multi-week corrective decline may take shape now, watch the 24,980 key medium-term resistance on the Hang Seng Index. /*
The USD/CAD outlook shows traders dumping the loonie on tariff fears. An automobile tariff and a 25% levy on all imports will cloud the outlook for growth in Canada. BoC policymakers are becoming more cautious. The USD/CAD outlook shows traders dumping the loonie as tariffs on Canada loom large. Trump confirmed an automobile tariff that
