Fundamental Overview The S&P 500 has been keeping the bid since last week as the softer than expected US inflation data gave the market a boost. We haven’t got any key economic report since then and no comment from Fed speakers given that they are in the blackout period. The main driver of the price […]
Bank of America (BofA) released a report expressing concerns over the sustainability of the Korean Won’s recent performance, predicting that the currency is likely to face challenges in the coming months due to potential global trade tensions and Korea’s export outlook for 2025. The report comes on the heels of the inauguration of the second
The forex markets remain unusually quiet today, with Dollar staying soft despite multiple attempts to rebound. The greenback has only managed meaningful gains against the weaker Yen and the struggling Canadian Dollar, while failing to build momentum against other major currencies. With little in the way of significant economic data on the calendar today, trading
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COLES GROUP LIMITED – COL Elliott Wave Technical Analysis TradingLounge. Greetings, our latest Elliott Wave analysis for the Australian Stock Exchange (ASX) highlights COLES GROUP LIMITED – COL. The current outlook suggests that ASX:COL may advance within the (5)-orange wave. There exists some ambiguity between the two primary perspectives. However, readers can rely on key indicators to determine whether a bullish trend
Investing.com – Most Asian currencies edged lower on Thursday, extending their subdued performance amid concerns over new U.S. tariffs under Donald Trump’s administration, while attention shifted to the Bank of Japan’s policy meeting set to begin later in the day. The BoJ is widely expected to raise at the end of its two-day meeting on
A new framework for handling disruption events is at the core of work being carried out by the International Swaps and Derivatives Association to update its foreign exchange and currency option definitions, which is expected to be finalised this year. Much of the focus on drafting the new definitions, which have not been updated since
Japan’s December exports rose 2.8% year-on-year, according to the Ministry of Finance (MOF), exceeding the poll forecast of +2.3%. Japan’s December imports increased 1.8% year-on-year, below the poll estimate of +2.6% Japan recorded a December trade surplus of 130.9 billion yen, significantly outperforming the expected 53.0 billion yen deficit Japan’s December exports to Asia grew
The US Dollar regained some balance and managed to set aside part of the weekly pullback as market participants continued to assess headlines around Trump 2.0. Here is what you need to know on Thursday, January 23: The US Dollar Index (DXY) clawed back some gains, although a move above the 108.00 hurdle appeared elusive
S&P 500 and Dow Jones continued to advance, boosted by strong earnings reports. President Trump announces major AI investment drive called Stargate. The Dow Jones has risen approximately 6% since January 13, and is approaching overbought territory on the RSI. Time for a pause? Earnings season continues with upcoming reports from GE Aerospace, American Express,
Despite being pressured in the past few days, Dollar remains relatively resilient, refusing to drop despite renewed selling pressure earlier today. US President Donald Trump’s tariff rhetoric is having a diminishing effect on markets, as traders shift their attention back to fundamental and intermarket dynamics. The first significant market reaction to tariffs is likely to
2025.01.22 2025.01.22 Facebook (Meta) Stock Price Prediction: 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Shares of Meta Platforms Inc. (META), the largest technology conglomerate, have demonstrated remarkable growth, surging by over 600% over the past two years and reaching an all-time high of $638.32. Despite strong headwinds posed by the global economy and ongoing geopolitical
Investing.com – The next Federal Reserve policy-setting meeting is looming large, but markets are expecting little from the gathering, according to Bank of America Securities, with more focus on messaging from the White House than the central bank. The meets next week, concluding its latest meeting on Jan. 29, and is widely expected to stay
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. We’ve also got lots of whipsaws in the last couple of
2025.01.22 2025.01.22 Mexico Prepares to Retaliate Against Trump’s Tariffs. Forecast as of 22.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump is threatening his neighbors, Mexico and Canada, with tariffs starting February 1. Will they be imposed, or is this part of his negotiating strategy? Let’s discuss this topic and make a trading plan for the USDMXN pair. The
USD/CAD has experienced wild swings since Trump took office on Monday. Canada’s government plans to respond appropriately to Trump’s tariffs. Data on Tuesday revealed that inflation in Canada fell by 0.4%. The USD/CAD price analysis shows continued uncertainty about Trump’s tariff policies that have caused wild fluctuations. The Canadian dollar strengthened as markets doubted a
