2025.08.21 2025.08.21 Dollar Drifts Lower Amid Anti-Fed Headlines. Forecast as of 21.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump has put pressure on the Fed at just the right time. Jerome Powell is expected to deliver moderately hawkish rhetoric at the Jackson Hole conference. This has given EURUSD bears more room for maneuver. The US administration has limited
There are just a couple to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1670 and 1.1700 levels. The former holds close to the key hourly moving averages of 1.1664-68 currently, so the expiries could help limit any upside pushes on the session. And the latter
EUR/USD remains subdued as traders adopt caution ahead of HCOB Purchasing Managers’ Index data. Eurozone HCOB PMIs forecast stand at 49.5 for Manufacturing and 50.6 for Services. The FOMC Meeting Minutes indicated that most members viewed keeping interest rates unchanged as the appropriate decision. EUR/USD edges lower after registering slight gains in the previous session,
India has formally signed the terms of reference with the Eurasian Economic Union (EAEU) in Moscow, initiating negotiations for a Free Trade Agreement (FTA), as reported by The Times of India. This development occurs amidst ongoing trade tensions between the United States and India. The EAEU consists of member nations including Armenia, Belarus, Kazakhstan, the
The softer NFP and CPI data have reinforced their conviction that the Fed is back on the path to cutting, with a 25bp move in September still their base case. The stronger July PPI was only a temporary hiccup and isn’t seen as a game-changer. Positioning doesn’t look crowded, which means there’s still room for
The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9. That’s up from 48.9 in July, although it remains just barely beneath the boom-or-bust line of 50 that separates expansion from contraction. The survey
New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday. That was well shy of expectations for a surplus of NZ$70 million following the upwardly revised NZ$203 million surplus in June (originally NZ$142 million). Exports came in at NZ$6.71 billion, up from the downwardly revised NZ$6.53 billion
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Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
The minutes of the Federal Reserve’s latest monetary policy meeting revealed most officials still see the upside risk to inflation as the bigger threat to the economic outlook, although a couple were more worried about the downside risk to employment. While the Fed announced its widely expected decision to leave interest rates following the July
Log in to our mid-week North American Markets overview where we look at the NA Indices and currencies. This week has started on a decent geopolitical background: The war in Ukraine might be getting closer to a truce. Indeed, the US regained some strength and credibility on the diplomatic front after successively hosting Russia’s Putin,
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The early move in the US dollar has seen a reversal as the markets ponder the idea that Pres. Trump may get another Fed nominee given the mortgage fraud allegations against FOMC member Lisa Cook. EURUSD: The EURUSD sellers took the price down toward the 50% retracement of the move down from the July 1
The USD/CAD forecast shows a weak Canadian dollar as BoC rate cut bets rise. Inflation in Canada eased to 1.7% in July from the previous reading of 1.9%. Oil has dropped amid progress in peace talks with Russia and Ukraine. The USD/CAD forecast shows a weak Canadian dollar as BoC rate cut bets rise after
Croatia’s unemployment rate increased for the first time in five months in July, figures from the Croatian Bureau of Statistics showed Wednesday. The registered jobless rate rose to 4.0 percent in July from 3.8 percent in June. In the corresponding month last year, the rate was 5.8 percent. There were 73,183 registered unemployed people in
Dramatic share price rally follows earnings beat Greenlane Renewables, a leading provider of biogas upgrading technology, has seen a substantial share price surge over the past few trading sessions, with the stock jumping roughly 200%, from about CA$0.095 to approximately CA$0.295 by 19 August, 2025. The catalyst behind this dramatic rally appears to be the
