United States S&P Global Composite PMI came in at 50.3, below expectations (51.4) in March
United States S&P Global Composite PMI came in at 50.3, below expectations (51.4) in March
United States S&P Global Composite PMI came in at 50.3, below expectations (51.4) in March
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
AUD/USD reverses earlier gains on Friday as stronger-than-expected US Nonfarm Payrolls (NFP) data supports the US Dollar (USD), adding modest pressure on the Australian Dollar (AUD), while price action remains subdued amid thin liquidity due to the Good Friday holiday. At the time of writing, AUD/USD is trading around 0.6900, after touching an intraday high of 0.6916. Meanwhile, the…
The markets opened up sharply lower after the Trump news conference yesterday, but rebounded with the broader indices closing in positive territory. At session lows: S&P was down -100.38 points NASDAQ index was down -469.63 points They are closing near the highs: S&P index is up 7.36 points or 0.11% at 6582.68 NASDAQ index is up 38.23 points or…
The US S&P Global Services PMI in March reported that business activity in the sector is slowing sharply, falling to contractionary territory for the first time since January 2023, amid higher inflation and the war in the Middle East. The index fell from 51.7 in February to 49.8, according to S&P. They noted that, “Overall, it was the lowest…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Australia CFTC AUD NC Net Positions: $81.5K vs $70.9K
2026.04.03 2026.04.03 US Dollar Gains as Hopes for Quick End to US–Iran Conflict Fade. Forecast as of 03.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Whatever the US does, its position will worsen. Bombing energy infrastructure will drive up oil prices. Retreating from Iran will allow Iran to gain unchallenged control of the Strait of Hormuz. Let’s discuss this topic and make a trading…
Let’s dig into the non-farm payrolls report and the numbers we have so far. What’s expected: Consensus estimate +60K (range -25K to +125K) January -92K Private payrolls consensus estimate +70K Unemployment rate consensus estimate: 4.4% vs 4.4% prior Participation rate prior 62.0% Prior underemployment U6 prior 7.9% Avg hourly earnings y/y exp +3.7% y/y vs +3.8% prior Avg hourly…
Japan CFTC JPY NC Net Positions: ¥-72.9K vs previous ¥-62.8K