Fundamental Overview The USD has been weakening across the board ever since Fed’s Williams endorsed a December rate cut. The greenback then extended the losses further last week following soft ADP data and a Bloomberg report saying that Hassett emerged as the frontrunner for the Fed Chair position. The probability for a December cut is now at 92%, which…
The US Dollar’s rebound from monthly lows below 1.3940 on Friday has stalled below the 1.4000 psychological level on Monday. The pair is hovering above 1.3980 at the time of writing, but the higher Oil prices and market expectations of immediate Fed rate cuts are keeping upside attempts limited for now. Oil prices, Canada’s main export, are trading higher…
2025.12.01 2025.12.01 Short-Term Analysis for Oil, Gold, and EURUSD for 01.12.2025 Alex Rodionovhttps://www.litefinance.org/blog/authors/alex-rodionov/ Welcome, my fellow traders! I have prepared a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of the margin zones method and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Oil extends its short-term uptrend. The article…
After the dollar got absolutely demolished while most of us were in food comas, we’re heading into December with some serious momentum shifts.
There is arguably just one to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1600 level. The large expiries there could act as a bit more of a price magnet in locking price action before rolling off later in the day. In other words, it could keep price movements holding…
The EUR/JPY cross attracts some sellers near 180.45 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) due to the latest comments from Bank of Japan (BoJ) Governor Kazuo Ueda. The HCOB Manufacturing Purchasing Managers Index (PMI) from the Eurozone, Germany, and France will be released later on Monday. BoJ Governor Kazuo Ueda…
EUR/NZD is testing a make-or-break level for its six-month uptrend! Will we see a downside breakout in the next trading sessions? Or will the bulls step in to defend the level for another time? EUR/NZD Daily Forex Chart by TradingView The euro has been making pips rain on the New Zealand dollar for most of the back half of…
Indonesia’s central bank governor: Will bring rupiah to trade at 16,500 a dollar or even 16,400 next year, commit to stabilise the currency further Sees room to cut rate further, but just wait on timing and magnitude Bank Indonesia Governor Perry Warjiyo This article was written by Eamonn Sheridan at investinglive.com.
The GBP/USD pair holds steady near 1.3245 during the Asian session on Monday as traders continue to digest the UK’s Autumn Budget. The potential downside for the major pair might be limited due to the rising expectations of a Federal Reserve (Fed) interest rate cut in the December meeting. The US November ISM Manufacturing Purchasing Managers Index (PMI) report…
Bank of Japan Governor Ueda Bank of Japan Governor Kazuo Ueda said on Monday that the central bank remains on track to raise interest rates further if its projections for economic activity and inflation continue to unfold as expected, while stressing that any tightening would preserve broadly accommodative financial conditions. Ueda said overseas economies have shown “some weakness” but…
