Pound falls to nine-week low, UK food inflation jumps The British pound is down for a fourth straight day, as the US dollar is showing strength against most of the majors. The pound has declined 1.5% in the current slide. In the European session, GBP/USD is trading at 1.3338, down 0.10% on the day. The pound fell as low…
The recent wave of tariff reductions on U.S. exports could carry broader global implications than previously appreciated, according to a note from JPMorgan economists published Monday. While the direct boost to U.S. growth is expected to be modest, the real impact may lie in how global trade rules distribute those benefits more widely. Under the World Trade Organization’s Most…
Bandwidth came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +18.75%. A quarter ago, it was expected that this enterprise software developer would post…
2025.07.29 2025.07.29 The Euro Signed a Surrender. Forecast as of 29.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The euro was hoping for the best, but got the worst. A rise in the average tariff from 1.2% to 17% and a stronger regional currency are a double blow to the eurozone’s export-driven economy. Let’s discuss it and make a trading plan for EUR/USD. The…
Markets were jittery on Monday as traders reacted to the US-EU trade framework and a potential US-China tariff extension, sending the dollar soaring while European stocks sank. Wall Street hit new highs, gold fell again, and oil rallied on geopolitical jitters, while upcoming UK data and the JOLTs report are set to drive the next moves. Here are headlines…
President Trump has warned that sanctions targeting Russian oil could take effect in just 10 days. He’s threatening steep tariffs on countries that continue buying Russian oil, signaling that the rates won’t be low. The possibility of removing Russian supply from global markets has pushed crude oil prices higher. Technically: Crude moved back above its 200-day moving average today…
The US Dollar is holding firm after its strongest daily gain since May, fueled by the US-EU trade agreement. The Dollar Index (DXY) is up over 2.0% in July, on pace for its first monthly gain since December. US JOLTS Job Openings fell to 7.437 million in June, below expectations, indicating a slow labor market cooldown. The US Dollar…
2025.07.29 2025.07.29 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.07.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The correction is completed. Expect the price to rise to a high of 126,160.57. Consider long positions. XRPUSD: A bullish impulse…
The Bank of Canada’s rate decision could set the tone for the Loonie as markets juggle sticky inflation and a surprisingly resilient job market. What are markets expecting from the decision and press conference anyway? We have the points you need to know if you’re trading the event! This Article Is For Premium Members Only Become a…
Bushy The Case Schiller home price index for the 20 largest cities fell -0.3% in May vs -0.2% estimate. The prior month remained at -0.3%. YoY prices rose 2.8% vs 3.0%. That is down from 3.4% last month. The 20-City Composite posted a year-over-year increase of 2.8%, down from a 3.4% increase in the previous month. New York again…
