Federal Reserve Governor Michelle Bowman, regarded as one of the bank’s most hawkish policymakers, indicated that she might place greater emphasis on labour market indicators when considering future policy decisions. Key Quotes Labor market, economic activity will become a larger factor in US central bank policy discussions going forward. Shocks, structural changes since Covid-19 pandemic
The much-anticipated U.S. non-farm payrolls report came and went without much impact to the markets. With job growth largely in line with forecasts, the data signaled a stable labor market and the balanced outcome offers little guidance to Fed policymakers, who will continue weighing inflation trends, fiscal uncertainties, and global trade risks before committing to
Japanese yen extends rally for a third consecutive day BoJ’s Uchida says rate hikes still on the table despite tariff concerns US nonfarm payrolls expected to edge slightly The Japanese yen has extended its gains on Friday. In the European session, USD/JPY is trading at 147.79, down 0.13% on the day. It was a light
2025.03.07 2025.03.07 XAU/USD: Elliott Wave Analysis and Forecast for 07.03.25 – 14.03.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Once the correction ends, consider long positions above the level of 2583.80 with a target of 3100.00 – 3300.00. A buy signal: the price holds above 2583.80. Stop Loss: below 2550.00,
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
The USD/JPY outlook indicates increased demand for the safe-haven yen. Market participants dumped risky assets in the panic that followed Trump’s new tariffs. The US will release its crucial nonfarm payroll report. The USD/JPY outlook indicates increased demand for the safe-haven yen amid escalating fears of the impact of Trump’s tariffs on the global economy.
France’s trade deficit increased sharply in January as exports fell amid an increase in imports, data from the customs office showed on Friday. The trade gap rose to EUR 6.54 billion from EUR 3.48 billion in December. In the same period last year, the trade deficit totaled EUR 6.87 billion. Exports declined 4.6 percent on
The US Dollar Index depreciates as market expectations grow for more aggressive Fed rate cuts amid US growth concerns. President Trump exempted Mexican and Canadian goods under the USMCA from his proposed 25% tariffs. The US Nonfarm Payrolls is projected to show job growth, with employment rising to 160K in February. The US Dollar Index
Risk sentiment in the forex markets appears to be tilting towards risk aversion in Asian trading, marking a shift from the broad Dollar selloff earlier in the week. Overnight, US President Donald Trump granted temporary tariff exemptions for Canadian and Mexican goods under the USMCA, delaying a full-scale implementation until April 2. While this provided
Japan is preparing to officially declare an end to long-term deflation, according to Economy Minister Ryosei Akazawa. This marks a significant shift in the government’s economic outlook and could influence the timing of the Bank of Japan’s next interest rate hike. While inflation has stayed above the BOJ’s 2% target for nearly three years, the
The US Bureau of Labor Statistics will release the non-farm payroll (NFP) and jobs data for February 2025 on Friday, March 7th, 2025. Economists are predicting 170,000 jobs added and the unemployment rate holding steady at 4.0%. Key factors influencing February’s jobs report include potential federal job cuts, changes in trade policies, a strong services
The Dow Jones shed around 575 points on Thursday, as trade war fears resume. The more the Trump administration tries to soothe tariff fears, the worse things get. Market sentiment is still churning despite announced tariff delays and upbeat jobs data. The Dow Jones Industrial Average turned tail and ran on Thursday, in tandem with
Dealers have been too slow to adopt standardised codes for rejected foreign exchange trades, according to a senior buy-side trader, who also called on trading venues to help accelerate industry take-up. Last year, the FIX Trading Committee published a set of recommended practices on scenarios for rejected trades and adopted the Investment Association’s proposal of
Euro remained firm following ECB’s decision to cut interest rates, a widely anticipated move. During the subsequent press conference, President Christine Lagarde emphasized a shift to “more evolutionary approach” to policy, now that monetary conditions have become “meaningfully less restrictive.” She also acknowledged the high levels of uncertainty, noting that “risks are all over.” Lagarde
A 25 basis point cut to the ECB deposit facility rate is widely anticipated, marking the seventh cut in the current cycle. The ECB continues to cut rates amid slow Eurozone growth, while the Federal Reserve pauses, creating a notable divergence in monetary policy. What next for EUR/USD? Most Read: Dow Jones (DJIA) Holds Support:
2025.03.06 2025.03.06 Germany’s Fiscal U-Turn Boosts DAX 40. Forecast as of 06.03.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Germany’s DAX 40 has outperformed other global stock indices, marking the onset of a transformation from the “sick man of Europe” to a locomotive of the European economy. Let’s discuss this topic and make a trading plan. The article covers the following subjects:
