Prior -0.2%; revised to 0.0% This article was written by Justin Low at www.forexlive.com.

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EUR bulls continued to catch markets offguard, rising by over 400pips in 4 days this week. A rare display of responsiveness and concerted willingness of European leaders agreeing to spend on defence is giving EUR a fresh boost. EU is proposing EUR150bn in loans to boost defence spending and is also planning to activate a mechanism that allow countries…

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2025.03.06 2025.03.06 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 06.03.2025 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 price is expected to fall to the previous low. Consider short trades from the current level, setting a take-profit order…

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Can an upbeat Canadian jobs report convince the BOC to drop its dovish bias soon? Or will we see another downside surprise that could keep the central bank in easing mode? Here are the points you need to know when trading Canada’s February employment data. This Article Is For Premium Members Only Become a Premium member…

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A combination of a technical breakout and fundamental change has been quite the recipe for the euro to rip higher this week. And we’re now approaching a test of the 1.0800 mark. Mind you, it was only four days ago that we were still treading water around 1.0400 and look where we are now. EUR/USD daily chart Germany loosening…

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Gold prices fell in Pakistan on Thursday, according to data compiled by FXStreet. The price for Gold stood at 25,917.74 Pakistani Rupees (PKR) per gram, down compared with the PKR 25,966.79 it cost on Wednesday. The price for Gold decreased to PKR 302,299.50 per tola from PKR 302,871.60 per tola a day earlier. Unit measure Gold Price in PKR…

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It’s almost NFP Friday, forex fellas! What does the official U.S. employment report have in store, and what could the results imply for dollar price action? Here are the points you need to know if you’re planning on trading this top-tier catalyst. This Article Is For Premium Members Only Become a Premium member for full website access,…

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China disposed of 3.8 trillion yuan in non-performing assets in 2024, the highest amount on record, as authorities worked to clean up financial risks, according to the country’s financial regulator. Looking ahead to 2025, regulators plan to priortize stabilizing the housing market, signaling continued efforts to manage economic headwinds and restore confidence in the struggling property sector. The move…

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Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange diplomat, said on Thursday that the officials are seeing an increase in protectionism, such as tariffs.  Mimura further stated that he needs to seek the middle ground way of addressing the negative aspects of globalization while avoiding sliding into protectionism  Market reaction  At the time of…

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Trump ‘tweeted’ on his own social media platform that he was working with House of Representative Republicans s on a continuing resolution to fund the government until September. The bill, he said, “sets us up to cut Taxes and Spending in Reconciliation, all while effectively FREEZING Spending this year.” ** You can bet dollars to donuts that spending levels…

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