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US equities markets rose due to President Trump’s pro-business policies and decision to not impose tariffs on major trading partners yet. The Bank of Japan raised rates to 0.5%, the highest since 2008. The week ahead sees market shift attention toward Central Bank policy with ECB and Fed meeting in focus. Week in Review: Trump
Pound Sterling outperforms USD as Trump backs immediate rate cuts GBP/USD rises to near 1.2400 as Trump asks Fed for rate cuts GBP/USD churns near familiar levels ahead of Friday’s PMI data Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for
Euro posted notable gains today as lifted by encouraging Eurozone PMI data that suggests the region is beginning the year on firmer footing. Private sector activity showed cautious growth, with reduced drag from manufacturing and moderate expansion in services. Most surprisingly, Germany, which struggled throughout 2024, returned to expansion. Sterling also gained on better PMI
2025.01.24 2025.01.24 Detailed Overview of LiteFinance 20th Anniversary Challenge Prizes Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ LiteFinance’s 20th Anniversary Challenge is in full swing! The first winners have already been determined, and we will draw monthly prizes soon. A participant with the highest number of points will receive $10,000. We’re so excited to tell you about the amazing prizes
By Douglas Gillison, Tom Bergin, Chris Prentice and Isla Binnie WASHINGTON – President Donald Trump’s administration is expected to usher in a boom time for crypto but a Reuters review shows very few members of the incoming congress are invested in bitcoin or other digital currencies. On Thursday, Trump signed an order to create a
Trump failed to provide guidance on the proposed 25% tariff on Canadian goods. The US president said the Fed should continue lowering borrowing costs. Data from Canada revealed that retail sales made no change in November. The USD/CAD outlook shows the impact of Trump’s tariff threats fading, allowing the Canadian dollar to recover. On the
Dollar’s decline accelerated as the week progressed towards the last day, weighed down by strong risk-on sentiment and investor optimism. S&P 500 closed at a new record high on Thursday, with NASDAQ and DOW poised to follow soon. Contributing to this sentiment were remarks from US President Donald Trump at the World Economic Forum, where
2025.01.24 2025.01.24 Short-Term Analysis for Oil, Gold, and EURUSD for 24.01.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continues to
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
The Bank of Japan is set to hike interest rates to 0.50% on Friday. All eyes will remain on the language in the policy statement and Governor Ueda’s press conference. The Japanese Yen could witness intense volatility on the BoJ policy announcements. The Bank of Japan (BoJ) is widely expected to raise the short-term interest
By Hannah Lang and Trevor Hunnicutt (Reuters) -U.S. President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile, making good on his promise to quickly overhaul U.S. crypto policy. The much-anticipated action also ordered that banking
S&P Global Australian Flash PMIs for January 2025:> Manufacturing PMI: 49.8 prior was 47.8 jumps to a 12- month high Services PMI 50.4 Composite 50.3 From the reports, comments from Jingyi Pan, Economics Associate Director at S&P Global Market Intelligence: “The first set of S&P Global Flash Australia PMI data for 2025 brought positive news
Bitcoin’s price has been range-bound since reaching a fresh all-time high on inauguration day. The upcoming FOMC meeting may serve as a catalyst for Bitcoin’s price. Volatility measures suggest that a major price move is incoming. Bitcoin’s technical analysis shows a messy daily timeframe and a breakout of a symmetrical triangle pattern on the H2
United States (US) President Donald Trump ran through a long list of grievances while delivering his remarks during the World Economic Forum hosted in Davos, Switzerland on Thursday. President Trump reiterated his concerns that the US’ trade deficit with Canada, which amounts to 4% of the US’ total trade imbalance, is unsustainable. President Trump also