NZD/USD edges higher to around 0.5770 in Friday’s early Asian session. US PPI increased by the most in five months in November, hotter than expected. Trump tariff threats could undermine the China-proxy Kiwi. The NZD/USD pair gains ground to near 0.5770 during the early Asian session on Friday. The Greenback strengthens due to the hotter-than-expected US Producer Price Index…
2024.12.12 2024.12.12 Trump’s Remarks Misguide Markets. Forecast as of 12.12.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump has won the White House, pledging that inflation will vanish completely. Ironically, it may be him who accelerate the Consumer Price Index (CPI). Trump previously criticized the strong dollar but is now defending it. He has prepared all the tools to impose tariffs, although he…
Yesterday: Trump has invited Chinese President Xi Jinping to attend his inauguration next month The headlines on this were greeted with hails of improving relations between the US and China. Seriously. I wasn’t impressed with such analysis: That’s a long bow to draw on an invitation, but there you go. Anyway, Xi says No. Via Senior White House correspondent,…
Mexican Peso depreciates and reverses weekly gains amid mixed US economic reports. US Producer Price Index climbs to highest level since June, fueling discussions on inflation trends. The Fed is expected to cut interest rates by 25 basis points next week. The Mexican Peso weakens after posting back-to-back bullish days, dropping over 0.44% against the Greenback as mixed US…
2024.12.12 2024.12.12 Short-term Analysis for Oil, Gold, and EURUSD for 12.12.2024 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. Yesterday, the euro tested the short-term uptrend’s…
The buyers had their chances to push higher, but momentum failed to materialize. Over the past five trading days, the price moved above the falling 200-bar moving average (MA) on the 4-hour chart during four sessions. On the fifth day, the high for the session stalled precisely at the same MA. Notably, the last time the price held above…
Gold declines over 1% as US PPI rises unexpectedly, countering a weak jobs report and complicating disinflation narrative. Investors anticipate a potential Fed rate cut with high expectations of a 25 bps reduction next week. US Treasury yields see a slight increase, adding pressure to Gold prices as market prepares for upcoming Fed decision. Gold prices snapped a four-day…
2024.12.12 2024.12.12 Bitcoin Cash (BCH) Price Forecast & Predictions for 2024, 2025–2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The Bitcoin Cash (BCH) cryptocurrency emerged in mid-2017 as a result of a Bitcoin hard fork. Its primary goal was to enhance network bandwidth and blockchain scalability, allowing for a higher volume of transactions at lower fees. Despite stiff competition and numerous challenges,…
Some argued that ECB is overestimating growth next year, which could be below 1% under Trump tariffs Policymakers have little appetite for rushing policy amid uncertainty The 2025 GDP forecast released today was +1.1%, down from 1.3% previously. That’s hardly inspiring in either scenario. This article was written by Adam Button at www.forexlive.com.
Oil prices are for failing to hold on this week’s winning streak. The EIA report from Wednesday showed Cushing Crude Supply fell to a seven-year low. The US Dollar Index trades stronger after the European Central Bank interest-rate decision failed to convince markets. Crude Oil sees its attempts for booking a fourth straight day of gains failing, after a…
