Just when it seemed that this pair dipped below its long-term range bottom, price jumped back above the support zone! Can it keep losses in check from here? Look at these inflection points I’m watching on the 4-hour time frame: NZD/JPY 4-hour Forex Chart by TradingView Shifting monetary policy expectations for both the Reserve Bank of New Zealand (RBNZ)…
Love him. Hate him. He certainly does live up to the memes and this time, quite literally. Trump launched his own cryptocurrency over the weekend, dubbed $TRUMP and it has already generated roughly $12 billion in market cap (the high was $14 billion overnight). It is sparking a buying frenzy in the crypto space and Bitcoin is now catching…
EUR/USD recovers to near 1.0300 as the risk mode is on, with investors focusing on Trump’s inauguration. The Fed is expected to keep interest rates at their current levels by the May policy meeting. ECB’s Stournaras warns that higher tariffs by the US could drag Eurozone inflation below the central bank’s target. EUR/USD rises sharply to near 1.0300 in…
2025.01.20 2025.01.20 US Dollar to Weaken on Trump’s Phased Tariffs. Forecast as of 20.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ During his first presidential term, Donald Trump initially bolstered the economy through fiscal stimulus measures, subsequently slowing it down by implementing tariffs. In the current term, however, the approach will be reversed. How will the EURUSD pair respond to this? Let’s discuss this…
Gold has long been a popular asset for traders, known for its high liquidity, strong correlation with economic factors, and role as a safe investment. However, over the past few years, gold has become a top asset due to the rise of geopolitical instability and macroeconomic crises. Gold trading is a dynamic and exciting process that requires constant analysis…
The dollar is down as markets are bracing for Trump’s inauguration later in the day. The early signals is that there won’t be anything too significant on the tariffs front and that is putting the dollar off slightly. Trump and Xi also had positive talks over the weekend with the former tweeting this: “I just spoke to Chairman Xi…
The Japanese Yen strengthens in reaction to the upbeat Core Machinery Orders data. Firming expectations for an additional BoJ rate hike this week also underpin the JPY. A modest USD downtick further contributes to the USD/JPY pair’s intraday decline. The Japanese Yen (JPY) attracts some dip-buyers following the release of the upbeat Core Machinery Orders data from Japan and…
Expectations of a Bank of England (BOE) interest rate cut and concerns over the U.K.’s fiscal conditions have been putting the British pound on the defensive so far this month. Will this week’s labor market update support the markets’ dovish expectations? Or will they lead to bullish pullbacks for Sterling? Here are points you need to know…
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 invest money that you…
EUR/USD could lose ground amid risk aversion ahead of President-elect Donald Trump’s inauguration on Monday. Traders remain cautious amid uncertainty surrounding Trump’s policy pledges, including imposing tariffs, extending tax cuts, and deporting illegal immigrants. The Euro struggles as markets anticipate a 25 basis point rate cut at the next four ECB policy meetings. EUR/USD recovers some of its losses…
