Oil prices rise on report that Israel may attack Iran’s nuclear sites
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2025.05.20 2025.05.21 Weekly Economic Calendar for 26.05.2025–01.06.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Despite the hawkish statements from Fed Chair Jerome Powell and other officials, the US dollar is still facing pressure, with the USDX index in a medium- and long-term bear market. Therefore, market participants will closely analyze the minutes from the recent May Fed meeting, where another pause
EUR/USD rose on Tuesday, but remains capped by 1.1300. Despite a near-term recovery, the Euro remains down from recent highs against the Greenback. US PMI figures will be the key data release this week. EUR/USD caught a bounce for a second day in a row on Tuesday, bolstering the pair back toward the 1.1300 handle.
S&P 500 saw its six-day winning streak end amidst rising US yields and concerns over Trump’s tax cut proposals and US debt. The “Magnificent 7” stocks are currently underperforming but could potentially drive a larger S&P 500 recovery in the second half of 2025. Technical analysis indicates bullish momentum for the S&P 500, although a
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
Federal Reserve (Fed) Bank of St Louis President Alberto Musalem added his voice to the chorus of Fedspeakers warning that US trade policy under the guidance of the Trump administration is poised to not only weigh on growth, but could also exacerbate price volatility, one of the Fed’s favorite stand-in phrases for inflation. Key highlights
Today’s session was marked by the RBA’s decision to cut rates, sending the Australian Dollar down 0.9% . Other currencies did not move as much, with the Swiss Franc being the strongest of majors in the NA Session (+0.3%). RBA Meeting, Canadian CPI reviews /* Requesting advertisement by calling an endpoint assures that the advertisement
Canadian Dollar firmed modestly in early US trading after inflation data showed a sharper-than-expected pickup in core price pressures. While headline CPI slowed to 1.7% in April, the drop was largely due to a steep decline in energy prices. In contrast, underlying inflation picked up pace, with core measures such as CPI-median, trim, and common
Canada CPI yy Prior month 2.3% CPI m/m -0.1% versus -0.2% expected. Prior month +0.3% Core CPI m/m +0.5% versus +0.1% last month Core CPI y/y +2.5% versus 2.2% last month CPI Median y/y 3.2% versus 2.9% estimate. Last month 2.9% CPI Trim 3.1% versus 2.9% expected Last month 2.8% CPI Common 2.5% versus 2.3%
JD Sports’ recent trading performance JD Sports Fashion PLC is set to release its full-year FY25 results and Q1 FY26 update on Wednesday, May 21, 2025. Investors will be closely monitoring the report following the company’s earlier profit warnings and ongoing market headwinds. The company has guided for FY25 pre-tax profit before adjusting items to be
USD/MXN has broken below a key consolidation range, forming a bearish rounding top pattern and signaling further downside risks toward multi-month lows, Société Générale’s FX analysts note. Rebound likely capped below 19.85 “USD/MXN broke the lower limit of a multi-month consolidation and has formed a rounding top pattern which generally points towards potential downside. It
The USD/CAD price analysis shows strength in the Canadian dollar. Economists are predicting a 0.1% decrease in Canada’s inflation. Market participants are watching fiscal developments in the US. The USD/CAD price analysis shows strength in the Canadian dollar ahead of crucial inflation figures from Canada. Meanwhile, the dollar remained fragile after a credit rating downgrade
2025.05.20 2025.05.20 Yen Retains Its Positive Bias. Forecast as of 20.05.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite Tokyo’s efforts to assure markets of its stance against currency intervention, investors continue to discuss the matter. The USDJPY pair is sliding, and Washington’s intention to strengthen the yen is not the sole factor contributing to this trend. Let’s discuss this
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