Japan finance minister Kato: Won’t comment on forex levels Important for currencies to move in stable manner reflecting fundamentals Alarmed over FX moves, including those driven by speculators Don’t be fooled by his reference to ‘FX’ levels and moves – he is talking about the yen specifically. Its been a wild ride for the yen over recent days, Kato…
Euro (EUR) is likely to consolidate between 1.1665 and 1.1745. In the longer run, increase in upward momentum is not enough to indicate a sustained rise; EUR must first close above 1.1745, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Upward momentum is not enough to indicate a sustained ris 24-HOUR VIEW: “After EUR dropped to…
2025.08.25 2025.08.25 US Dollar Scorched by Powell’s Jackson Hole Speech. Forecast as of 25.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Is Donald Trump satisfied with Jerome Powell’s speech? Probably, yes. The Fed chairman signaled a change in monetary policy, causing the S&P 500 to rise and the US dollar to fall. Let’s discuss this topic and make a trading plan for the EURUSD…
Federal Reserve Chair Jerome Powell delivered a dovish surprise at the Jackson Hole Economic Symposium on Friday, signaling that interest rate cuts may be warranted as economic risks shift, boosting expectations for September policy easing. In his closely watched annual address, Powell stated that “with policy in restrictive territory, the baseline outlook and the shifting balance of risks may…
European and Asian postal services are suspending U.S. shipments as the $800 de minimis tariff exemption ends, threatening the flow of small parcels worldwide. The move hits discount retailers like Shein and Temu, while leaving millions of cross-border gift and e-commerce deliveries in limbo. – Postal agencies across Europe and Asia are pausing or halting shipments to the U.S….
GBP/USD weakens to near 1.3495 in Monday’s Asian session. The Fed’s Powell opened the door to resuming interest rate cuts. Hot UK July inflation data diminish the odds of BoE rate reductions this year. The GBP/USD pair faces some selling pressure around 1.3495 during the Asian session on Monday. The major pair edges lower amid the renewed US Dollar…
2025.08.25 2025.08.25 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 25.08.2025 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 in sub-wave 5 to a high of 124,560.00. Consider long positions….
So you’re staring at the charts, markets are tanking, and your palms are sweaty. Don’t worry—you’re not the only one wondering: “Where the heck do I put my money now?” Welcome to the world of safe havens—those assets traders rush into when markets look scarier than a horror movie marathon. But here’s the catch: not all safe havens work…
Late last week, Canada took a significant step to ease trade tensions by lifting many of its retaliatory tariffs on U.S. imports that fall under the USMCA free-trade agreement. This move aligned Canada’s tariff structure with the U.S. exemptions for goods covered by the pact and is intended to revive stalled trade negotiations. However, tariffs remain in place on…
USD/JPY could weaken as BoJ Governor Ueda expressed optimism that conditions for another rate hike are coming into place. The US Dollar may struggle as expectations grow for a Federal Reserve interest rate cut in September. Fed Chair Powell stated that risks to the labor market are increasing, while also noting that inflation remains a concern. USD/JPY appreciates after…
