The Toronto Sun is reporting that a deal between both sides could be imminent after a speech at the Empire Club in Toronto from Trump’s new emissary to Canada, Pete Hoekstra. There were mixed opinions about Hoekstra’s speech though but the crowd was said to be stirring up speculation about a deal happening before the G7 summit. Hoekstra noted…
The Australian Dollar maintains its position after the release of mixed economic data on Wednesday. Australia’s Gross Domestic Product expanded 0.2% QoQ in Q1, against the previous 0.6% growth. The US Dollar faces challenges as tariff uncertainty may hurt growth in the US economy. The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Wednesday after registering over…
2025.06.03 2025.06.04 Weekly Economic Calendar for 09.06.2025–15.06.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The US dollar remains under pressure following the release of May’s labor market data as investors weigh the Fed’s next move on interest rates. Markets are split on the short-term monetary policy outlook, with Fed officials offering mixed signals and the FOMC adopting a wait-and-see approach amid uncertainty over the…
The ECB is expected to cut rates this month as growth slows and inflation cools. With the cut likely priced in, markets are focused on whether policymakers hint at a pause as they near neutral rates amid rising trade tensions and weak business activity. Here’s how EUR may react to potential scenarios from the central bank event!…
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, or “midpoint.” It’s currently…
GBP/USD lost momentum on Tuesday, churning territory near the 1.3500 handle. US data helped bolster investor sentiment after job openings came in higher than expected. Key US ISM Services PMI figures from April are slated for Wednesday. GBP/USD trimmed bullish momentum on Tuesday, settling into slim chart churn just north of 1.3500. The Bank of England’s (BoE) latest Monetary…
2025.06.03 2025.06.03 Short-Term Analysis for Oil, Gold, and EURUSD for 03.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The euro’s short-term uptrend continued yesterday. The article covers…
The BoC is expected to hold rates steady in June as officials tread carefully amid soft growth and sticky inflation. How might the Canadian dollar react to the event? We have the points you need to know if you’re trading the central bank decision! This Article Is For Premium Members Only Become a Premium member for full…
Japan is set to launch a new think tank to examine how economic security concerns influence supply chains and related sectors, according to Nikkei. The move comes amid growing unease over trade tensions and the situation around Taiwan. The think tank will operate under the National Security Secretariat (NSS) and form part of a broader strategy to strengthen Japan’s…
GBP/USD trades flat on Tuesday, holding within Monday’s range near 1.3520. BoE Governor Bailey sees rates moving lower but warns of increased uncertainty. A split within the MPC signals a cautious, data-driven rate path ahead. The British Pound (GBP) is trading flat against the US Dollar (USD) on Tuesday, edging slightly lower from its intraday high while remaining within…
