Fed’s Waller does not comment on monetary policy or the economy. He is speaking on payments in Wyoming. Later today, the Fed open market committee will issue the minutes of the July 29 – 30th Fed meeting. At that meeting, the Fed was divided with Fed’s Waller and Bowman both voting to cut rates by 25 basis points. After…
Gold edges lower on Tuesday, easing from an intraday high of $3,345 as increased risk appetite and a firmer US Dollar weigh on sentiment. A stable US Dollar and slightly lower Treasury yields are offering mixed signals for Gold, limiting strong directional moves during the American session. Technically, XAU/USD is trading below the $3,330 threshold, reinforcing a bearish bias…
2025.08.20 2025.08.20 Kiwi Plunges After RBNZ Cut. Forecast as of 20.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Reserve Bank of New Zealand will continue to cut rates, while global risk appetite is declining. Against this backdrop, the NZDUSD pair has dropped significantly. What will help the pair to recover? Let’s discuss this topic and make a trading plan. The article covers the…
Is this pair just gathering more bearish energy to sustain its reversal? Price recently fell through the neckline of a double top pattern to suggest that a downtrend of the same height as the formation is due. Check out EUR/GBP hanging out at this support-turned-resistance zone on the 4-hour time frame! EUR/GBP 4-hour Forex Chart by TradingView Trade uncertainty…
Market index 277.1 vs 281.1 prior Purchase index 160.3 vs 160.2 prior Refinance index 926.1 vs 956.2 prior 30-year mortgage rate 6.68% vs 6.67% prior This is never a market moving release. Mortgage applications are generally inversely correlated to mortgage rates. This article was written by Giuseppe Dellamotta at investinglive.com.
As the figures for the 10 non-ferrous metals already indicated, refined Copper production in China continued to rise in July, Commerzbank’s FX analyst Volkmar Baur notes. China produces 50% of the world’s refined Copper “At 1.27 million tons, monthly production was – in non-seasonally adjusted terms – slightly below the previous month’s record. Nevertheless, the July figure is still…
2025.08.20 2025.08.20 US Dollar Slips As Bessent Calls For Rate Cuts. Forecast as of 20.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Scott Bessent sparked widespread market shifts with his statement regarding lower Fed interest rates. However, the Treasury Secretary’s reference to models lacks a solid foundation. The US dollar’s position remains strong and resilient. Let’s discuss this topic and make a trading plan…
With markets already leaning cautious ahead of Jackson Hole speeches, any disappointment in the PMIs could amplify defensive positioning across major euro pairs. What are markets expecting from this week’s Euro Area PMIs and how might EUR react to the releases? Here are points you should know if you’re planning on trading the mid-tier calendar events: This…
Fundamental Overview The USD started the week on a positive note as the risk of a hawkish Powell has been keeping the markets on edge. We’ve also seen some downside in equities without any fundamental catalyst, which might indicate some profit-taking and hedging into the Jackson Hole event. The recent data shouldn’t give Powell any conviction to pre-commit to…
US Dollar (USD) is likely to trade in a range between 7.1780 and 7.1950. In the longer run, USD is expected to trade in a range of 7.1730/7.2000, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. USD is expected to trade in a range 24-HOUR VIEW: “We noted yesterday that ‘there has been a slight increase…
