The British pound is showing limited movement on Tuesday. In the North American session, GBP/USD is trading at 1.3500, up 0.09% on the day. A day earlier, the pound jumped 0.60% and hit a high of 1.3510, its highest level since July 11. Bailey warns government not to ease financial rules Bank of England Governor
European Markets are increasingly uneasy over signs that the EU is preparing serious retaliatory measures ahead of the August 1 US tariff deadline. The Anti-Coercion Instrument is increasingly in the spotlight, as EU leaders weigh how to respond to US President Donald Trump’s threat of sweeping 30% import tariffs. European equities are firmly in the
Crackdown on FX vendors could raise costs for dealers – FX Markets Skip to main content End of drawer navigation content MTF designation could cost aggregators and EMSs $3m to set up and $1m in annual maintenance Vendors that must register as multilateral trading facilities (MTFs) may end up passing increased regulatory costs on to
The USD is little changed vs the major currency pairs including the top 3- the EURUSD, USDJPY and GBPUSD. In the video above, I take a look at those three major currency pairs from a technical perspective outlining the key levels in play for traders today and explain why those levels are of significance. Overnight,
2025.07.22 2025.07.22 Platinum Peaks Amid Supply Cuts and Soaring Demand. Forecast as of 22.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ From a fundamental standpoint, platinum remains undervalued. However, the second half of the year could bring significant changes to the global economy. Will platinum manage to hit new record highs? Let’s discuss this topic and make a trading plan
The USD/CAD outlook indicates a slight rebound in the dollar. All eyes are now on the looming August 1 tariff deadline. The European Union is planning a tariff retaliation. The USD/CAD outlook suggests a slight rebound for the dollar as traders await updates on tariffs. The greenback fell on Monday amid uncertainty about ongoing trade
The Dollar holds marginal gains with investors cautious amid growing trade uncertainty. Risk appetite remains subdued as the trade talks with the European Union and Japan remain stalled. The DXY trades 0.15% above Monday’s lows, but still 1% below last week’s highs.against The US Dollar is trading moderately higher against its main peers on Tuesday,
Historic closing caps remarkable FTSE 100 recovery The FTSE 100 achieved a historic closing above 9,000 points for the first time in its 41-year history yesterday, finishing very slightly above this landmark level. This represents a significant psychological and technical milestone for Britain’s benchmark index, marking remarkable progress from the 8,000 level which was only surpassed
Reserve Bank of Australia’s policymakers said cutting the interest rate for a third straight time within the gap of four meetings would be inconsistent with the cautious monetary policy stance, the minutes of the July monetary policy meeting showed Tuesday. “Lowering the cash rate a third time within the space of four meetings would be
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
2025.07.22 2025.07.22 US Tariffs Boost Global GDP. Forecast as of 22.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ According to Trump’s statement, the market loves his tariffs. The global economy’s robust performance, as evidenced by an uptick in GDP, further validates his perspective. However, the situation contradicts the prevailing theory. What is the rationale behind this shift? Let’s discuss this
Cook’s insights on future costs In the earnings call, CEO Tim Cook noted limited tariff impact in Q2 due to supply chain optimisation but cautioned that future impacts are hard to predict due to potential policy shifts. Cook estimated that President Trump’s tariffs would increase costs by $900 million in Q3 (April to June 2025),
There is just one to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1700 level. The pair has finally broken back to the upside yesterday amid a weaker dollar, with the near-term bias switching back to being more bullish now. That puts buyers back in control
As we look to the day ahead, equities are keeping the calm after tech shares once again led the charge in Wall Street yesterday. The early gains did evaporate towards the end but the Nasdaq still managed to hang in there to close at another fresh record high. On the month itself, the index is
Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an
Reserve Bank of Australia July meeting minutes Board agreed further rate cuts warranted over time, focus was on timing and extent of easing Board considered whether to leave rates at 3.85% or to cut by 25bps Majority agreed prudent to await confirmation on inflation slowdown before easing Majority felt cutting rates three times in four
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