US Dollar’s (USD’s) rebound found momentum from a US court ruling, saying that Trump’s unilateral imposition of ‘Liberation Day tariffs’ under the International Emergency Economic Powers Act (IEEPA) is invalid. DXY was last at 99.93 levels, OCBC’s FX analysts Frances Cheung and Christopher Wong note. 2-way trades still likely in the near term “The ruling […]
Markets soar as US judges block tariffs One of the less well noticed aspects of this US administration has been how many of its signature policies have been blocked by the courts. Donald’s Trump’s 2nd of April tariffs have become the most high-profile of these measures to be struck down by judges. The US Court
2025.05.29 2025.05.29 Trade Court Blocks Trump Tariffs. Forecast as of 29.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ In the United States, the president’s actions are subject to certain constraints inherent in the democratic process. The US Court of International Trade has stated that the implementation of universal tariffs by President Donald Trump exceeded the scope of his authority. Its
Dollar’s rebound gather extra momentum today, after the US Court of International Trade struck down President Donald Trump’s sweeping reciprocal tariffs, giving markets a fresh catalyst. The court ruled that the reciprocal tariffs imposed in April across multiple countries under claims of correcting trade imbalances exceeded presidential authority under the International Emergency Economic Powers Act.
It’s never a week without Trump drama since he took over the presidency, eh? And things are continuing today after the US Court of International Trade decided to block Trump’s reciprocal tariffs as seen here. There’s a lot of chaos and confusion now as to how legitimate that ruling can be. As a reminder, the
USD/CHF resumes its weekly uptrend after a US federal court blocked Trump’s tariffs. Wednesday’s hawkish FOMC Minutes boosts the USD and contributes to the move up. Traders now look forward to Thursday’s US macro data for short-term opportunities. The USD/CHF pair regains positive traction following the previous day’s directionless price move and jumps to over
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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
Powell laid out in his post-meeting press conference and what has already been echoed in recent speeches by other Fed officials. Persistent uncertainty around trade policy, risks to both sides of the Fed’s dual mandate (employment and inflation), and the ongoing debate about which side presents the greater medium-term risk are keeping the FOMC in
Gold drops 0.27% after Fed cites tariff-driven inflation concerns; yields rebound, stalling bullion’s rally. Fed minutes highlight risks of persistent inflation and weakening job growth, prompting cautious rate stance. US bond yields rebound, lifting the Dollar and pressuring Gold below $3,300. Goldman Sachs urges increased Gold exposure amid rising geopolitical risks and central bank demand.
USDJPY technicals The USDJPY began the U.S. session trading between two key technical levels: the 100-bar moving average on the 4-hour chart at 144.77 and the 200-hour moving average at 143.97. Both buyers and sellers initially leaned against these levels, leading to a period of consolidation. During the session, the pair broke above the 100-bar
European Central Bank (ECB) Governing Council member and head of the Dutch central bank De Nederlandsche Bank (DNB) Klass Knot noted on Wednesday that the current outlook on European inflation is murky, making it difficult for the ECB to engage in direct moves. Key highlights Medium-term inflation outlook is more ambiguous. Near-term growth and inflation
Currently trading at around ~1.34650, GBP/USD trades 0.32% lower in today’s session. Easing from multi-year highs made last week, cable continues to benefit from robust economic data and underlying dollar weakness. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the page. 32Q2J – is a forced measure
2025.05.28 2025.05.28 Visa Stock Forecast for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Visa Inc. is an international company specializing in payment technologies. It was founded in 1958 and went public in 2008. The company runs one of the world’s largest electronic payment networks, operating in over 200 countries. Notable acquisitions such as Cybersource and
