Gold (XAU/USD) has failed to have a positive follow-through in April after March’s stellar monthly gain of 9.3% despite a global risk-off environment seen in the past two weeks. The stagflation environment arising from the latest US reciprocal trade tariffs may have already been priced into Gold (XAU/USD). Technical factors are taking the driver’s seat […]
Austria’s wholesale prices decreased for the second successive month in March, figures from Statistics Austria showed on Monday. The wholesale price index dropped 0.2 percent year-over-year in March, following a 0.1 percent fall in February. “The main price dampeners were noticeably lower fuel and mineral oil prices for the second time in a row, while
The USD/JPY forecast shows solid demand for safe-haven assets like the yen. Trump announced new tariffs affecting almost all its trading partners. Market participants are pricing a higher 55% chance of a Fed rate cut in May. The USD/JPY forecast shows solid demand for safe-haven assets like the yen amid growing global economic uncertainty. Meanwhile,
Fundamental Overview The USD has had some mixed performance since the tariffs announcement although overall it’s been marginally stronger except against the safe havens like the Swiss Franc and the Japanese Yen. There’s no real divergence in FX as the market continues to price in more and more cuts for all the central banks. At
2025.04.07 2025.04.07 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.04.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The markets collapsed more than expected. The article covers the following subjects: Major Takeaways BTCUSD: Expect a decline in impulse [C]. Consider short positions from the
The global stock market crash showed no sign of slowing today. Hong Kong’s Hang Seng Index returned from a holiday break and promptly plunged over -10% to catch up with last week’s global carnage. Meanwhile, Japan’s Nikkei suffered another dramatic drop of more than -2200 points, or -6.6%. Risk aversion remains the dominant theme as
Industrial production and foreign trade from Germany and house prices from the UK are the top economic news due on Monday. At 2.00 am ET, Destatis releases Germany’s industrial output and external trade figures. Economists forecast industrial output to fall 0.9 percent month-on-month in February, in contrast to the 2.0 percent increase in January. The
USD/CAD attracts some buyers for the second straight day amid a combination of supporting factors. Tumbling Oil prices, domestic political uncertainty, and Friday’s dismal jobs data undermine the Loonie. The risk-off mood benefits the USD’s relative safe-haven status and also acts as a tailwind for the pair. The USD/CAD pair attracts some follow-through buying for
Australia Treasurer Chalmers: Fall in Australian dollar largely as a result of concerns about Chinese economy Also reflects the fact that markets are now expecting around four interest rate cuts in Australia this calendar year This article was written by Eamonn Sheridan at www.forexlive.com. Source link
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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
US President Donald Trump said on Sunday that unless the China trade deficit is solved, there will be no deal, according to Reuters. Trump further stated that “sometimes you have to take medicine” when asked about recent market volatility, insisting he was not deliberately trying to trigger a selloff. US Commerce Secretary Howard Lutnick confirmed on
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
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
As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online … prices are liable to swing around, so take care out there. Indicative rates, a little change from late Friday: EUR/USD 1.0921 USD/JPY 145.93, sharply lower than its late Friday level GBP/USD 1.2845 USD/CHF
Mon: Japanese Cash Earnings (Feb), German Trade Balance (Feb), EZ Retail Sales (Feb), EZ Sentix Index (Apr) Tue: N/A Wed: FOMC Minutes, RBNZ Announcement, RBI Announcement Thu: Chinese Inflation (Mar), Swedish GDP (Feb), Norwegian CPI (Mar), Taiwan Trade Balance (Mar), US CPI (Mar) Fri: UK GDP (Feb), US PPI (Mar), US UoM Prelim (Apr), US
The USD/CAD weekly forecast shows tariffs threatening growth in the US and Canada. Trump’s new tariffs worsened fears about a US recession. Employment figures from Canada revealed a weak labor market. The USD/CAD weekly forecast shows tariffs threatening growth in the US and Canada, which could keep the pair in consolidation. Ups and downs of
