Bank of Canada business outlook survey: Overall sentiment is subdued

Bank of Canada business outlook survey: Overall sentiment is subdued

Future Sales Expectations at +31% vs +13%: Improved outlook with stronger demand expected, boosted by interest rate cuts (highest since Q2 2021) More widespread plans to increase investment, well above historical average Recession expectations at 15% vs 16% Further easing in capacity constraints, labor shortages less intense Labor shortages among lowest in survey history (ie, […]

Dollar Weakened by Reports Trump Is Holding Off on New Tariffs

Dollar Weakened by Reports Trump Is Holding Off on New Tariffs

Dollar weakened broadly in early US session as reports from The Wall Street Journal indicated that Donald Trump, during his inauguration, will only outline his trade vision but avoid imposing new tariffs for now. While this temporarily calms market fears of immediate disruptions, the situation remains dynamic, and unexpected developments could trigger sharp reversals, especially

Gold (XAU/USD) Price Steady On Inauguration Day, the Calm Before the Storm?

Gold (XAU/USD) Price Steady On Inauguration Day, the Calm Before the Storm?

Gold prices found stability above $2700/oz after an initial drop. Historically, gold prices saw an initial two-day rally followed by a decline after Trump’s 2017 inauguration, driven by safe-haven demand and uncertainty.  Technically, gold appears to be in a “wait and see” mode, with a bounce off the 2700 handle suggesting potential upside. Markets will

Upward momentum has largely faded – UOB Group

Upward momentum has largely faded – UOB Group

New Zealand Dollar (NZD) is likely to trade sideways between 0.5560 and 0.5610. In the longer run, upward momentum has largely faded; NZD is expected to trade in a 0.5540/0.5650 range, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. NZD to trade in a 0.5540/0.5650 range 24-HOUR VIEW: “Our view for NZD

USD/JPY Forecast: Investors on Edge Ahead of Trump’s Speech

USD/JPY Forecast: Investors on Edge Ahead of Trump’s Speech

Trump’s presidency might be bullish for the dollar. Trump’s tariffs will increase demand for locally produced goods. Traders expect the Bank of Japan to hike rates this week. The USD/JPY forecast shows indecision ahead of Trump’s inauguration speech. At the same time, market participants are gearing up for the Bank of Japan policy meeting. However,

Technical analysis for USCrude, XAUUSD, and EURUSD today (20 January 2025)

Technical analysis for USCrude, XAUUSD, and EURUSD today (20 January 2025)

2025.01.20 2025.01.20 Short-Term Analysis for Oil, Gold, and EURUSD for 20.01.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro is

FX option expiries for 20 January 10am New York cut

FX option expiries for 20 January 10am New York cut

There is just one to take note of, as highlighted in bold. That being for EUR/USD at the 1.0300 level again. Amid some slight dollar weakness ahead of Trump’s inauguration, the expiries here should act as a magnet to keep price action more contained near the figure level in European trading at least. Also, do

GBP/USD ticks higher amid the emergence of some US Dollar selling

GBP/USD ticks higher amid the emergence of some US Dollar selling

GBP/USD Weekly Outlook: US President Trump means fresh challenges for Pound Sterling The Pound Sterling (GBP) paused its downtrend against the US Dollar (USD), fuelling a tepid GBP/USD recovery from 14-month lows of 1.2100. This week, it was all about the inflation data from the United Kingdom (UK) and the United States (US). However, the

Japan Core Machinery Orders Rise 3.4% In November

Japan Core Machinery Orders Rise 3.4% In November

The value of core machinery orders in Japan was up a seasonally adjusted 3.4 percent on month in November, the Cabinet Office said on Monday – coming in at 899.6 billion yen. That exceeded expectations for a decline of 0.7 percent following the 2.1 percent increase in October. On a yearly basis, orders jumped 10.3

US dollar rally at risk; Aussie dollar offers opportunities

US dollar rally at risk; Aussie dollar offers opportunities

Investing.com– The U.S. dollar’s recent strength may falter as key indicators suggest it is overbought, BCA Research analysts said in a note. Analysts recommend caution on the greenback and point to the Australian dollar as a promising alternative, driven by optimism in Australia’s economy and favorable dynamics in global commodity markets. The U.S. dollar, a

Reminder – US markets are closed on Monday, January 20, 2025

Reminder – US markets are closed on Monday, January 20, 2025

Repeating what I posted last week as a heads up to this. Monday January 20 is the Martin Luther King Day holiday in the US: The two major stock markets – the New York Stock Exchange and the Nasdaq – will be closed on Monday, 20 January 2025 Bond markets are closed. The Securities Industry

Scroll to Top