Falling inflation-adjusted yields have cheered investors. Why it may not …
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Oil prices are showing surprising resilience despite trade war fears, buoyed by ongoing sanctions on Russian and Iranian oil supplies. The EIA has raised its 2025 forecast for US oil production. A host of factors are influencing Oil price dynamics and is likely to keep market participants guessing. Most Read: Gold (XAU/USD) Outlook: $3000/oz Target
USD/JPY rebounds 0.35% from 151.64 low, driven by bond yield movements. Technical analysis hints at bullish shift; resistance near 200-day SMA at 152.76. Downside risks if SMA not surpassed; supports at 152.00 and 150.93 in focus. The USD/JPY climbed during the North American session. It trades at 152.52 and posts gains of over 0.35% after
The US stock have taken a turn to the downside with the NASDAQ index leading the way. The NASDAQ index is now down -0.64% at 19590. The low price just reached 19579.77. On the downside, the price of the NASDAQ is approaching its 200 hour moving average at 19569.54. (Green line on the chart below).
Trading is relatively subdued today across global markets as investors assess the fallout from the US steel and aluminum tariffs announced by President Donald Trump. Major European equity indexes are treading water, while US futures are slightly in the red. Treasury yields are recovering, though it remains too early to confirm a reversal of the
The US Dollar flat for a second day in a row this week. All eyes shift towards Fed Chairman Jerome Powell heading to Capitol Hill. The US Dollar Index (DXY) is not ging anywhere and is residing above 108.00 wh.ile looking for direction The US Dollar Index (DXY), which tracks the performance of the US Dollar
The Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6279, up 0.05% on the day. Australian business confidence jumps, consumer confidence stagnant Australian confidence indicators were mixed on Tuesday. The Westpac consumer sentiment index climbed 0.1% in February to 92.2 points, which means a majority of the
2025.02.11 2025.02.11 Gold Climbs to New All-Time Highs. Forecast as of 11.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ What factors have contributed to the 11% rally in the XAUUSD since the beginning of the year? Could these be shifts in a geopolitical landscape or Donald Trump’s tariffs? At the same time, was it due to central banks’ increased gold
Trump announced a 25% tariff on steel and aluminum imports. The outlook for the US economy is brightening with additional tariffs. Economists believe US inflation will be slower, increasing by 0.3% in January. The USD/CAD price analysis shows CAD sellers returning to the market amid fears of the impact of Trump’s new tariffs on Canada’s
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Major Takeaways BTCUSD: The price will presumably continue declining in the actionary wave [Y]. Consider short positions from the current level with Take Profit at 89,129.00. XRPUSD: A decline in the final part of the bearish correction is projected. Consider
Dollar is trading is a mildly firmer tone while Gold inches closer to the key 3000 psychological level after US President Donald Trump officially raised tariffs on aluminum and steel imports. However, the broader market reaction has been relatively subdued. Major US equity indexes managed to post modest gains overnight, and 10-year Treasury yield also
Foreign exchange losses have begun to mount for some of the largest global corporates, with the likes of Amazon, Apple and Nike reporting revenues negatively affected by continued US dollar strength in the fourth quarter. Since September, the dollar has risen by as much as 7% against many G10 and emerging market currencies, reducing the
There are a couple to take note of on the day, as highlighted in bold. They are all for EUR/USD layered in between 1.0275 through to 1.0320. The expiries don’t tie it with any major technical levels, so they’re going to function on their own today. As things stand, Trump headlines are still driving markets
Mexican Peso weighed down by steek and aluminum tariffs enacted by The White House. Mexican automobile production and exports declined, creating a headwind for the emerging market currency. USD/MXN traders eye testimony from Fed Chair Jerome Powell on Tuesday. The Mexican Peso depreciated against the US Dollar on Monday after US President Donald Trump decided
The Canadian dollar is drifting on Monday. In the European session, USD/CAD is trading at 1.4334, down 0.11% on the day. Canada’s employment blows past market estimate Canada posted stronger-than-expected growth on Friday, but the Canadian dollar showed little reaction. The economy created 76 thousand jobs in January, crushing the market estimate of 25 thousand