U.S. stocks at their cheapest in nearly 18 months. Why earnings season ho…
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The Greenback plummeted to fresh lows amid persistent concerns over the US-China trade war and its potential impact on both the global and US economies. Here is what you need to know on Friday, April 11: The US Dollar Index (DXY) tumbled to new multi-month lows in the sub-101.00 region amid shrinking US yields across
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The US dollar is broadly and aggressively weaker today. That’s pushed USD/CAD through the 1.40 level for the first time since late November. More broadly, the Canadian dollar is underperforming significantly as it’s risen by about 0.5% compared to 1.4% for the Australian dollar and 2% for the euro. The market is likely pricing in
Portugal’s consumer price inflation slowed as initially estimated in March to the lowest level in four months, the latest report from Statistics Portugal showed on Thursday. Consumer price inflation softened to 1.9 percent in March from 2.4 percent in February. Core inflation that excludes energy and unprocessed food products also moderated to 1.9 percent
Dollar faced renewed selling pressure in early US session, as markets digested softer-than-expected inflation data. The latest CPI report confirmed that disinflation is regaining traction, with both headline and core inflation easing more than expected in March. This strengthens the case for Fed to resume its rate cut cycle in the coming months. A May
There was a little confusion around the temporary roll-back of US tariffs yesterday. Canada was not included in the round of reciprocal tariffs announced on Liberation Day but Treasury Secretary Scott Bessent said the 10% baseline tariff applied to both Canada and Mexico, Scotiabank’s Chief FX Strategist Shaun Osborne notes. CAD gains modestly on the
2025.04.10 2025.04.10 (NFLX) Netflix Stock Forecast for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Investors have long been attracted to Netflix stock because of its high volatility and liquidity. The company is listed on the major US stock exchange, Nasdaq, and is included in the calculation of the Nasdaq-100 index. In recent periods, the stock
Australian dollar on a wild ride The Australian dollar continues to take market participants on a wild roller-coaster ride. AUD/USD soared 3.2% on Wednesday, recovering from a three-day slide in which the Aussie plunged 6%. The sharp swings are a direct result of the massive moves in the global equity markets. The week started with
2025.04.10 2025.04.10 Pound Explores Further Upside After Tariff Delay. Forecast as of 10.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ A modest 10% duty on imports from the UK allowed asset managers to view the British pound as a safe haven, offering a degree of protection against the trade war. However, the US’s negotiating stance has changed all that. Let’s
The USD/CAD forecast shows a brighter outlook for the global economy. Trump temporarily lowered reciprocal tariffs on most countries. Market participants are also looking forward to the US consumer inflation report. The USD/CAD forecast shows a brighter outlook for the global economy after Trump paused some reciprocal tariffs. At the same time, Canada and Japan
Yesterday, following Trump’s tariffs pause announcement, crude oil futures rallied more than 10% before backing off a bit from a key resistance zone. The consensus is still negative on the market citing Trump’s 125% tariffs hike on China and the fact that all the other countries still get a 10% baseline tariff. I would take
The UK housing market conditions weakened in March as demand faded following the end of stamp duty holiday amid rising concerns about economic outlook, survey data showed on Thursday. New buyer demand turned negative and hit the lowest since September 2023, the Residential Market Survey from the Royal Institution of Chartered Surveyors showed on Thursday.
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Current Price: $82,000 Last Updated: April 10, 2025 Bitcoin Futures have retraced around $2,000 from yesterday’s high, with today’s low sitting near $81,705, which also aligns with yesterday’s Point of Control (POC) and the April 3rd Value Area Low at $81,680. This area near $81,700 is key short-term support. If price fails to hold it
US stocks staged a powerful relief rally overnight, snapping back from the recent tariff-induced collapse. All three major indexes posted gains not seen in years, marking a dramatic reversal in sentiment. Yet, despite the scale of the rebound, it remains unclear whether this marks the beginning of genuine investor re-entry—or simply a massive short-covering rally
A new foreign exchange swaps venue that gives voice trading desks the ability to match interest with e-books run by some of the biggest dealers could mark a significant step forward in the electronification of the interdealer market, its founders say. FXswapX, a dark matching platform built by Fintech incubator FastFin Labs, utilises a technology