With global trade tensions easing, will Australia’s inflation reports provide a bullish catalyst for the Aussie this week? Our Event Guide for Australia’s Q1 2025 CPI Report points to the potential for hotter price pressures, something that would support the Reserve Bank of Australia’s (RBA) cautious approach to cutting interest rates. If the data surprises to the…
When it was announced that Bessent would be at the morning White House briefing, some thought he would be there to talk about an announcement. Evidently not as he re-hashed the usual talking points and added very little in the way of info around tax policy and tariffs. S&P 500 futures have fallen about 25 points since the press…
The Japanese Yen (JPY) weakened by 0.5% against the dollar, underperforming even fellow haven currencies, as markets brace for soft domestic data and upcoming US-Japan trade negotiations. With the BoJ expected to hold steady, JPY remains vulnerable to external risks and policy inertia, Scotiabank’s Chief FX Strategist Shaun Osborne notes. Focus on data, trade, and BoJ “JPY is weak,…
2025.04.29 2025.04.29 Yen Gains Ground as Tariff Tensions Persist. Forecast as of 29.04.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US administration is not going to withdraw tariffs, while the Bank of Japan stays focused on monetary policy normalization. These factors strengthen the downtrend in the USDJPY pair. Let’s discuss this topic and make a trading plan. The article covers the following subjects:…
The RBA toned down its dovish outlook during their latest policy statement, but what if the quarterly CPI falls short? Our Event Guide for the Australian CPI Report points out that commodity prices have dropped significantly over the past year, possibly dragging overall price pressures down. Here’s what I’m looking at on AUD/CAD and AUD/JPY in…
Prior -14.5 Economic confidence 93.6 vs 94.5 expected Prior 95.2 (revised to 95.0) Industrial confidence -11.2 vs -10.1 expected Prior -10.6 (revised to -10.7) Services confidence 1.4 vs 2.2 expected Prior 2.4 (revised to 2.2) Again, no surprise with consumer and business confidence surveys slumping amid the trade uncertainty. Focus remains on trade negotiations and how it evolves in…
German American Bancorp (GABC) reported $81.41 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 33.9%. EPS of $0.79 for the same period compares to $0.64 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $79.1 million, representing a surprise of +2.92%. The company delivered an EPS surprise of +9.72%,…
2025.04.29 2025.04.29 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 29.04.2025 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 rise in subwave to 97,800.00. XRPUSD: The price may climb in subwave 3. Consider…
This Aussie pair seems to be in correction mode, as price is closing in on the Fibonacci retracement levels and descending trend line. Is the long-term trend still our friend on this one? Take a look at these inflection points on the 4-hour time frame: AUD/NZD 4-hour Forex Chart by TradingView Rumors that the U.S. and China are working…
There aren’t any major expiries to take note of on the day. As such, trading sentiment will continue to be driven by the same factors over the last two weeks. That being the overall risk mood and potential headline risks. For today though, the loonie is also going to face risks from the Canadian election. Mark Carney’s Liberal Party…
