In a return to regularly scheduled programming, trade tariffs and the associated renewal of commitments to negotiation deadlines remain one of, if not the largest, determining factors in US equity performance. Recently offered a period of comparative respite, the Dow Jones has proven particularly vulnerable to trade-related news in recent memory, especially compared to tech-led […]
AUDUSD Technicals After last week’s rally in the AUDUSD stalled at an old upward sloping trend line resistance, the pair has come under renewed selling pressure to start the week.Today’s price action is reinforcing the bearish shift, with the pair moving further below the trend line and now eyeing key downside support levels. Initial focus
The Japanese yen is trading quietly on Monday. In the North American session, USD/JPY is trading at 147.47, up 0.04%. The US dollar posted strong gains last week, as USD/JPY jumped 2.0%, its best week since December 2024. /* Requesting advertisement by calling an endpoint assures that the advertisement is never cached together with the
The USD/CAD outlook shows robust strength in Canada’s labor market. Sentiment has remained poor since Trump announced a 35% tariff on Canada. Economists believe US inflation accelerated in June due to Trump’s tariffs. The USD/CAD outlook shows robust strength in Canada’s labor market, supporting the loonie as a result. However, a potential 35% tariff on
(Partial video transcript) This week’s trading opportunity Axel Rudolph: Hello and welcome to “Trade of the Week” on 14 July 2025. Let’s look at today’s trade to start with, and I thought perhaps we should look at AUD/USD . The reason being that we made a new multi-month high last week, but only marginally so. Reasons for
Bitcoin (BTC/USD) weekly chart The Bitcoin train looks to march on with over 2% gains today as it keeps just under $122,000 currently. After a brief stutter at the end of last month, which saw price potentially falling back under six figures, Bitcoin is definitely proving its mettle now as it surges to fresh record
2025.07.14 2025.07.14 BoJ Rate Hike Expectations Fade. Forecast as of 14.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Bank of Japan is reluctant to raise rates. The Japanese government refrains from giving in to pressure during negotiations with the US. USDJPY bears are facing strong headwinds. Meanwhile, the Japanese parliamentary elections are approaching. Let’s discuss this topic and make
India’s wholesale prices decreased for the first time in nineteen months in June, provisional data from the Ministry of Commerce and Industry revealed on Monday. The wholesale price index, or WPI, dropped 0.13 percent year-over-year in June, reversing a 0.39 percent increase in May. Meanwhile, economists had expected inflation to rise to 0.52 percent. Moreover,
Asian Market Wrap U.S. and European stock futures dropped at the start of the week after President Trump announced a 30% tariff on goods from the EU and Mexico. S&P 500 futures fell 0.4%, and European stock futures dipped 0.6%. Meanwhile, Asian stocks stayed mostly flat, with small gains in Hong Kong and China. /*
European indices face headwinds European markets have borne the brunt of the tariff concerns, with Euro Stoxx 50 futures declining 0.6% and Germany (DAX) 40 futures falling 0.7%. These moves reflect genuine concerns about the potential impact on European exporters, particularly Germany’s manufacturing sector, which remains heavily dependent on trade with the US. The decline in
Silver price has marked $39.10, the highest since September 2011, on Monday. The safe-haven Silver attracts buyer following President Trump’s 30% tariff on imports from the European Union and Mexico. Traders adopt caution after US economic adviser Kevin Hassett suggested that Trump could remove Fed’s Powell “if there’s cause.” Silver price (XAG/USD) extends its three-day
2025.07.14 2025.07.14 US Dollar Wins Battle But May Lose War. Forecast as of 14.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The actions of the US president appear to be contrary to his objective of weakening the US dollar. The Fed is delaying its decision to reduce interest rates due to high tariffs against Brazil, Canada, Mexico, and the EU.
Risk sentiment turned mildly negative in Asia on Monday following US President Donald Trump’s announcement of 30% tariffs on imports from the EU and Mexico, starting August 1. While US futures turned lower, equity markets in Asia were more muted, digesting the move in context of still-holding EU retaliation. The 30% tariff rate on EU
A busy week lies ahead in terms of economic events, even though Monday starts off slowly with no significant scheduled releases affecting the FX market. On Tuesday, the main focus will be on inflation data from both Canada and the U.S. Additionally, the U.S. will release the Empire state manufacturing index. On Wednesday, the U.K.
Trade tensions weigh on Wall Street despite modest losses United States (US) equity markets closed lower last week as trade tensions resurfaced on Monday and intensified throughout the week. For the week: These modest declines likely reflect the widely held view that tariff threats are primarily a negotiation tactic designed to pressure trading partners into
China’s Trade Balance for June, in Chinese Yuan (CNY) terms, arrived at CNY585.96 billion, narrowing from the previous figure of CNY743.56 billion. China’s Exports rose 7.2% YoY in June vs. 6.3% in April. The country’s imports increased 2.3% YoY in the same period vs. -2.1% recorded previously. In US Dollar (USD) terms, China’s trade surplus expanded more than
Australian Prime Minister Anthony Albanese, speaking to reporters in Shanghai, emphasized that maintaining a strong and constructive relationship with China is vital for Australia’s national interest. Albanese stressed the need for a “stable and secure region,” adding that Australia is committed to engaging cooperatively with its key trading partners while promoting peace, prosperity, and mutual
