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Pound Struggles to Extend Upside Against Greenback. Forecast as of 20.03.2025
2025.03.20 2025.03.20 Pound Struggles to Extend Upside Against Greenback. Forecast as of 20.03.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The GBPUSD rally was driven by the US dollar’s weakness and an underestimation of the UK economy. Will the pound regain its position above 1.3, or will the recent tariffs implemented by the US administration hinder its progress? Let’s discuss
SNB chair Schlegel: With this step, monetary conditions are appropriate
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
Estonia Producer Prices Rise 6.1%
Estonia’s producer prices increased markedly in February, figures from Statistics Estonia showed on Thursday. The producer price index rose 6.1 percent year-on-year in February after remaining flat in the previous month. The sharp growth in February was mainly driven by price increases in electricity production, in the manufacture of wood and wood products, and in
Germany Producer Price Index (YoY) came in at 0.7% below forecasts (1%) in February
Germany Producer Price Index (YoY) came in at 0.7% below forecasts (1%) in February Source link
Yen Rebounds on Risk-Off Mood in Asia, Focus Shifts to SNB and BoE
Asian markets are showing signs of mild risk-off sentiment today, with Hong Kong and China stocks retreating from recent gains. The weaker regional tone contributed to a stronger Yen. Additionally, Yen’s rebound is also fueled by post-FOMC Dollar softness. The technical picture suggests that the recent pullback in Yen against Dollar has likely run its
ForexLive Asia-Pacific FX news wrap: Trump tells Powell he should cut interest rate
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
Asia hours surge complicates FX options market-making
Since the start of Donald Trump’s second US presidency, many of his tariff-related social media posts have tended to appear late New York time. This piles extra pressure on the Asia trading session when G10 currencies are less liquid and creates risk management challenges for foreign exchange options market-makers. Barry McCarthy, head of FX derivatives
BoE Meeting Preview: Will Rates Hold at 4.50%? Key Insights & FTSE 100 Outlook
The Bank of England is expected to hold interest rates steady at 4.50% at its meeting today, with a potential 8-1 vote split. Sticky inflation remains a key concern for the BoE, influencing their cautious approach to rate cuts. Post-meeting comments and economic data will be crucial for market movement and potential volatility in the
The UK docket takes centre stage with the BoE and jobs report
The Greenback managed to regain some balance and set aside three consecutive daily pullbacks after the Fed maintained its interest rates at its meeting, as widely anticipated. Here is what you need to know on Thursday, March 20: The US Dollar Index (DXY) regain some buying traction and bounced off the area of multi-month lows
Market Update: Dow Jones (DJIA), S&P 500 React to Fed Rate Decision
The Federal Reserve kept interest rates steady but hinted at possible rate cuts later in the year. The Fed also expects slower economic growth and higher inflation. US stock indexes, including the Dow Jones and S&P 500, rose following the Fed’s announcement. Technical analysis suggests the Dow Jones faces immediate support at 42000 and potential
EURUSD Technical Analysis: Key levels to watch through of FOMC rate decision
EURUSD technicals The FOMC rate decision is fast approaching and the traders have set the close support and resistance levels from recent price action ove rhre last week or so of trading. Looking at the 4-hour chart above, the EURUSD has seen sellers lean against the 1.0936 – 1.0954 resistance zone yesterday, keeping the pair’s
EURJPY Forecast & Predictions for 2025, 2026, 2027–2030, 2040 and Beyond
2025.03.19 2025.03.19 EURJPY Forecast & Predictions for 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The EURJPY currency pair has long piqued traders’ interest due to its high volatility and sensitivity to market fluctuations. As two of the most widely traded currencies globally, the Japanese yen and the euro are closely tied to various economic factors
Dollar Recovers as Markets Await Fed Projections, Gold Loses Some Momentum
Dollar is recovering across the board as markets enter the US session, though the move appears to be more caution-driven than a shift in sentiment. With FOMC rate decision looming, traders are taking a more neutral stance rather than doubling down on Dollar’s recent weakness. Fed is widely expected to keep rates steady at 4.25-4.50%,
Irish Residential Property Price Inflation Eases To 8.1%
Ireland’s residential property price inflation softened further in January to the lowest level in nine months, data from the Central Statistics Office showed on Wednesday. Residential property prices climbed 8.1 percent year-on-year in January, slower than the 8.8 percent gain in December. Prices have been rising since February 2020. Further, the latest rate of growth
EUR/USD corrects ahead of Fed’s policy decision
EUR/USD faces selling pressure near 1.0950 as the US Dollar strengthens ahead of the Fed’s monetary policy decision. The Fed is expected to keep interest rates steady in the range of 4.25%-4.50%. The Euro drops despite German leaders agreed on increasing the borrowing limit in the lower house of Parliament. EUR/USD corrects to near 1.0900 in Wednesday’s