Can the upcoming New Zealand jobs report give the RBNZ more reason to lean less dovish? Our Event Guide for the Q2 2025 NZ Employment Report suggests that the unemployment rate holding steady could still be enough to boost confidence in the labor market. Here’s what I’m watching on GBP/NZD and NZD/CAD in this scenario. This…
The Swiss government says it is not considering any countermeasures against the US at this point. It is ready to make more attractive offer to the US. One of the surprising tariff rates was the 39% to Switzerland. The president said that they have a $40 billion trade deficit and that’s not good enough. Luxury Goods (Watches, Chocolate, Cheese):…
Amazon stock sinks as much as 8% on Friday following poor hiring data. July Nonfarm Payrolls report showcases large revision to summer hiring. Trump institutes new tariff rate, many of them higher than expected. Market is unhappy with AWS growth rate as Microsoft bears down on cloud leader. Amazon (AMZN) stock is reeling on Friday along with much of…
2025.08.04 2025.08.04 Yen Exposes Truth Behind Verbal Interventions. Forecast as of 04.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Japanese government is concerned about the weakness of the yen. Does this indicate a tacit agreement between the US and Japan to allow the USDJPY pair to fall? Let’s discuss this topic and make a trading plan. The article covers the following subjects: Major…
After breaking below its long-term triangle support, gold seems to be going for a retest of the area of interest. Will it hold as resistance this time? Check out these nearby inflection points on the 4-hour time frame: Gold (XAU/USD) 4-hour Forex Chart by TradingView Dollar domination in the last weeks of July triggered a breakdown from gold’s symmetrical…
Fundamental Overview The soft NFP report on Friday weighed on the risk sentiment as growth expectations took a hit. Bitcoin fell to new lows before erasing most of the losses as Fed’s Williams said over the weekend that he would go into the September meeting with “very much an open mind”. Overall, the data wasn’t as bad as one…
AUD/USD gives up most of its post-NFP gains but remains modestly higher on the day, still on track for its biggest weekly loss since March. The US NFP report showed only 73K jobs added in July, well below the 110K expected. Australia’s Q2 Producer Price Index slowed to 3.4% YoY and 0.7% QoQ, indicating easing input cost pressures. The…
2025.08.04 2025.08.04 The Dollar Puts on a Show. Forecast as of 04.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The latest US employment data has flipped the global narrative. Why should investors care about the eurozone when the US economy itself is sliding into the abyss? Let’s discuss it and make a trading plan for EUR/USD. The article covers the following subjects: Major Takeaways…
Planning to trade the U.S. dollar this week? USD/JPY is struggling to extend its recent drop after tagging some key inflection points. Think we’re looking at a decent area to buy into USD/JPY’s month-long uptrend? USD/JPY 4-hour Forex Chart by TradingView The dollar took a hit late last week after sharp downward revisions to May and June jobs data…
There are a couple to take note of on the day, as highlighted in bold below. They are for EUR/USD layered in between the 1.1550 to 1.1600 levels. The dollar was dealt a blow after the US jobs report last week, with massive downward revisions to payrolls and Trump’s firing of the BLS chief giving reasons for traders to…
