The Australian Dollar holds gains after the release of a weaker-than-expected Private Capital Expenditure on Thursday. Australia’s Private Capital Expenditure unexpectedly contracted by 0.2% QoQ in Q4 2024, falling short of market expectations for 0.8% growth. The US Dollar continues to strengthen as traders evaluate the economy’s performance and the outlook on tariffs. The Australian Dollar (AUD) holds gains…
Australian Q3 headline Private Capital Expenditure -0.2% q/q expected +0.8% prior +1.1% For the y/y its +0.6% (from +1.6%) Plant/machinery capex -0.8% prior +1.1% Building capex +0.2% prior +1.1% Estimate 5 for 2024-25 is $183.4b This is 3.2% higher than Estimate 4 for 2024-25 Estimate 1 for 2025-26 is $148.0b. This is 1.8% higher than Estimate 1 for 2024-25…
The White House said late Wednesday that US President Donald Trump issued an executive order aimed at implementing the Department of Government Efficiency’s (DOGE) cost-cutting drive, per Reuters. The executive order requires agencies to justify spending, limit travel, and identify surplus federal properties that can be sold. It comes as the administration signals deeper cuts, warning federal agencies to…
2025.02.26 2025.02.26 US Dollar Faces Backlash from New Tariff Threats. Forecast as of 26.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ As the US economy continues to slow down and the likelihood of a Fed monetary expansion cycle shifts from September to June, the US dollar is experiencing some uncertainty. Let’s discuss this topic and make a trading plan for the EURUSD pair. The…
There was little in the way of economic data in the North American session. US New home sales fell to an annualized sales pace of 657K vs 680K. Single family sales -10.5% Months of supply at 9 vs 8 prior Prices +3.7% y/y to $446,300 All regions except the west saw large drops in new home sales. Home builders…
US Dollar Index stabilizes around 106.40, hovering near its lowest levels of 2025. Traders anticipate rate cuts, with Fed bets now pricing in two reductions for 2025. US President Trump confirms 25% tariffs on Canada, Mexico, and the EU but delays implementation until April. Markets await the Personal Consumption Expenditures (PCE) data, the Fed’s preferred inflation gauge, on Friday….
2025.02.26 2025.02.26 Short-Term Analysis for Oil, Gold, and EURUSD for 26.02.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold reached support (А) 2893 – 2887…
Bitcoin was one of the big winners of the US election but it’s now given back a big portion of that gain, falling 22% from the January record high of $109K in what’s looking more and more like a double-top. bitcoin daily The relentless shilling and scamming in the meme coin market is undermining crypto at the moment. Trump’s…
Bank of England (BoE) Monetary Policy Committee Member Swati Dhingra noted on Wednesday that there is only so much central bank policy can do in the face of trade-based supply shocks in order to keep prices stable. Key highlights Monetary policy action alone is not well-suited to address system price shocks in key sectors such as energy and food. If…
2025.02.26 2025.02.26 Thrusting Candlestick Pattern: Learn How To Trade It Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ A Thrusting candlestick is a technical analysis pattern that indicates a trend continuation following a correction. It enables traders to predict price action and identify optimal entry and exit points. Technical analysis empowers traders to assess market intricacies and implement optimal trading strategies based on candlestick patterns….
