The Reserve Bank of New Zealand (RBNZ) lowered interest rates from 3.25% to 3.00% in August, marking its seventh interest rate cut since starting its rate cut cycle in August 2024. The Monetary Policy Committee reached a split 4-2 decision in favor of the 25bp cut, with two members preferring a larger 50bp reduction, reflecting the central bank’s concern…
Below is a quick look at what various market participants are expecting from today’s UK CPI data. Knowing the consensus is important, but knowing where the minimum and maximum expectations are, as well as any herding around a particular side, can be very helpful for risk event traders like me. For the Headline YY CPI, consensus is clustered around…
In July, Canada experienced a slight decrease in inflation, as the headline Consumer Price Index (CPI) recorded a 1.7% increase compared to the same month last year. This figure marks a decline from June’s 1.9% rise and matches earlier projections, according to Statistics Canada. On a monthly basis, the CPI rose by 0.3%, an uptick from the 0.1% increase…
2025.08.19 2025.08.20 Weekly Economic Calendar for 25.08.2025–31.08.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The market remains highly volatile amid ongoing trade wars initiated by the US administration and geopolitical events. In the upcoming week of August 25–31, 2025, market participants will focus on the release of important macroeconomic statistics from Australia, Switzerland, the US, Japan, Canada, and Germany. Investors will pay close attention to…
Will Canada’s July CPI lock in a BOC rate cut? Or will the numbers shake things up? Read on to see what traders are expecting from the event!
Ahead of the RBNZ, below is a quick snapshot of today’s implied volatility support and resistance levels for NZDUSD, EURNZD, NZDJPY and AUDNZD. NZDUSD: 0.59200 (resistance) – 0.58600 (support) EURNZD: 1.98200 (resistance) – 1.96800 (support) NZDJPY: 87.400 (resistance) – 86.500 (support) AUDNZD: 1.09600 (resistance) – 1.09100 (support) These levels are based on 1-month implied volatility and can be used…
Markets continue to play the waiting game and the major currencies are idling in a calm, range trading environment ahead of Friday’s Powell comments, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD slips modestly but holds trading range “The US Dollar (USD) is a little softer overall. European stocks are slightly firmer while US equity futures…
2025.08.19 2025.08.19 Global Investors Reduce Protection Against Weaker Dollar. Forecast as of 19.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Treasuries are still being purchased, and non-residents are reducing their hedging of US asset holdings. A Fed rate cut after September is not guaranteed. What does this mean for the US dollar? Let’s discuss this topic and make a trading plan for the EURUSD…
Picture this: the world’s central banks are like a group of friends arguing over where to eat lunch. Some want spicy tacos (low interest rates), some are sticking to bland oatmeal (high rates), but nobody seems to agree—and that makes the FX party wild! If you’re new to forex, central bank divergence is just trader-speak for “these central…
The NASDAQ index continues to come under pressure, currently down 347 points or -1.60%. The decline has pushed the index back below its 100-hour moving average at 21,331.91. Trading under this level shifts the short-term bias to the downside and raises concern that further selling could unfold. Looking back to August 1 (the US employment report), a similar break…
