Inflation expectations are well anchored. ECB must be more agile when using forward guidance. These are just token remarks and the ECB has been more inclined to give potential scenarios rather than clear forward guidance lately due to uncertainty. The market is fully pricing one last 25 bps cut, possibly in December unless another surge in the euro or…
GBP/USD steadies around 1.3650 due to rising uncertainty over Trump’s tariff plans GBP/USD holds ground for the second consecutive day, trading around 1.3660 during the Asian hours on Friday. The pair remains steady as the US Dollar (USD) depreciates as traders adopt caution, while seeking clarity on US President Donald Trump’s plans for tariffs on various countries. On Thursday,…
2025.07.04 2025.07.04 WTI Crude Oil: Elliott Wave Analysis and Forecast for 04.07.25 – 11.07.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 64.90 with a target of 80.50 – 85.00. A buy signal: the price holds above 64.90. Stop Loss: below 62.50, Take Profit: 80.50 –…
The U.S. job market showed surprising strength in June, with nonfarm payrolls rising by 147,000 compared to the 110,000 jobs forecast. That marked a solid rebound from May, although the private sector only added 74,000 jobs, the weakest gain since October when hurricanes disrupted hiring. Most of the upside came from state and local governments, which added 70,000 positions….
Rate cuts by year-end Fed: 54 bps (95% probability of no change at the upcoming meeting) ECB: 26 bps (88% probability of no change at the upcoming meeting) BoE: 53 bps (80% probability of rate cut at the upcoming meeting) BoC: 30 bps (72% probability of no change at the upcoming meeting) RBA: 77 bps (95% probability of rate…
Gold prices rose in Philippines on Friday, according to data compiled by FXStreet. The price for Gold stood at 6,068.33 Philippine Pesos (PHP) per gram, up compared with the PHP 6,040.26 it cost on Thursday. The price for Gold increased to PHP 70,779.77 per tola from PHP 70,452.41 per tola a day earlier. Unit measure Gold Price in PHP…
2025.07.04 2025.07.04 US Dollars Inches Higher After Strong Jobs Report. Forecast as of 04.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ If the US economy is truly thriving, as the US administration asserts, is there a need to further stimulate it with fiscal and monetary measures? The derivatives market perceives this as an erroneous move. Let’s discuss this topic and make a trading plan…
CAD/CHF just bounced off fresh 2025 lows, but nearby resistance levels could make life tough for the bulls. Is this a chance to catch the next leg lower in what’s been a steady downtrend? CAD/CHF 4-hour Forex Chart by TradingView CAD/CHF has been trending lower since mid-June, printing a series of lower highs and lows as oil prices slipped…
There is just one to take note of on the day, as highlighted in bold. It’s going to be a quiet day with it being a US holiday and the lack of any major expiries fits with the theme. However, there is a large one for AUD/USD to take note of at the 0.6600 level at least. It’s not…
The Indian Rupee gains sharply against the US Dollar ahead of the US NFP data for June. The US NFP data will significantly influence market expectations for the Fed’s monetary policy outlook. FIIs have sold Indian equities worth Rs. 3,531.76 crores in the first two trading days of July. The Indian Rupee (INR) surges against the US Dollar (USD)…
