Malaysian prime minister, Anwar Ibrahim, just confirmed that he spoke to US president Trump earlier and that there will be a revised tariffs rate on Malaysian goods to be announced tomorrow. Besides that, Anwar also says that Trump has confirmed his attendance for the ASEAN Summit that will take place in Malaysia in October. The event will take place…
EUR/USD trades near 1.1475, its lowest level since June 23, marking a fifth straight daily decline. The Euro is pressured by a strong US Dollar and robust US economic data. US ADP jobs data beats forecasts, showing 104K job gains in July, reversing the prior month’s contraction. The Euro (EUR) is on the back foot for a fifth straight…
Dollar traders are about to cap off this event-filled trading week with yet another major U.S. release, as the July non-farm payrolls report could shake things up on Friday. Market expectations are pointing to a slower pace of hiring for the month, possibly putting the latest FOMC statement into perspective and spurring big moves for USD pairs. …
US Commerce Secretary Lutnick: Made trade deals with Cambodia and Thailand Lutnick announcing in a Fox News interview. Countries getting in before the August 1 deadline. Earlier: Trump announces a trade deal with South Korea Trump announced a trade agreement with South Korea earlier – recap ICYMI This article was written by Eamonn Sheridan at investinglive.com.
United States first-tier data releases showed why it is the world’s largest economy. The Federal Reserve will announce its decision on monetary policy in the American afternoon. GBP/USD trades at its lowest since mid-May, without signs of downward exhaustion. The GBP/USD pair shed over 60 pips early in the American session on Wednesday and defies the 1.3300 figure, as…
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At the usual post‑meeting press conference, Fed Chair Jerome Powell outlined why policymakers chose to keep the federal funds rate at 4.25%–4.50% following July’s meeting and took reporters’ questions on the decision. Powell’s press conference takeaways Economy is in a solid position. Inflation is somewhat above target. Believe the current stance of policy leaves us well positioned to respond…
2025.07.30 2025.07.30 The US Takes It All, Gives Nothing Back. Forecast as of 30.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Lower-than-expected tariffs allow the IMF and Goldman Sachs to raise their eurozone GDP forecasts. However, the growth divergence between the US and the currency bloc will continue to widen. What does this mean for EUR/USD? Let’s discuss it and make a trading plan….
Australia’s headline inflation rate fell to its lowest point in over four years during the second quarter, strengthening RBA rate cut expectations for the month. The Consumer Price Index rose 2.1% year-over-year in the June 2025 quarter, down from 2.4% in the previous period and below the 2.2% consensus forecast. On a quarterly basis, inflation slowed to 0.7%, undershooting…
Fed Powell – Chairman of the Federal Reserve – answers reporters’ questions on the central banks policy and outlook following the decision to keep rates unchanged at 4.25% – 4.50%. The decision was largely expected.There were two dissents which is the first time two Fed officials dissented since 1993. A recap of the statement said: No rate change as…
