Another major pullback seems to be underway for USD/JPY, as the pair is closing in on these Fibonacci retracement levels on the daily time frame. Take a look at these potential inflection points that could be tested in the upcoming trading sessions! USD/JPY Daily Forex Chart by TradingView This dollar pair has been forming higher highs and higher lows…
I posted earlier on the impact of political developments in the yen: Adding/recapping: Market expectations for Japan to remain under a Liberal Democratic Party (LDP) government led by Sanae Takaichi, an advocate of Abenomics, have faded sharply, prompting traders to unwind weak-yen, long-equity, and bond positions. The yen has strengthened notably, with USD/JPY dropping from 153.29 on Oct. 10—its…
China’s Consumer Price Index (CPI) declined 0.3% in September from a year ago after arriving a fall of 0.4% in August, the National Bureau of Statistics of China reported on Wednesday. The market consensus was for -0.1% in the reported period. Chinese CPI inflation rose 0.1% MoM in September versus 0% prior. This figure came in softer than the expectation of 0.2%. China’s Producer Price…
2025.10.14 2025.10.15 Weekly Economic Calendar for 20.10.2025–26.10.2025 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Last week, political tensions once again drove the markets. Gold surged to a new record high as investors flocked to safe havens following Trump’s statements on new tariffs on China. The US dollar and Swiss franc also remained in demand, ranking just behind gold and government bonds among the top…
Markets navigated a volatile session on Tuesday, with risk assets pressured by escalating US-China trade tensions before recovering on hopes for continued dialogue, while gold extended its historic rally to fresh record highs above $4,100 per ounce. The session was marked by competing narratives as China’s retaliatory measures against US firms clashed with reassurances from trade officials that President…
Reserve Bank of Australia Assistant Governor (Economic) Sarah Hunter speaking at the Citi Australia & New Zealand Investment Conference 2025: Recent data has been a little stronger than expected Inflation likely to be stronger than forecast in Q3 Labour market and economic conditions might be tighter than assumed Employment growth has slowed by more than expected Uncertainty about the…
US President Donald Trump lashed out at China over its recent protectionist trade policies, threatening additional targeted trade restrictions if China goes ahead with imposing fresh rare earth mineral export controls and additional port fees for foreign container ships in Chinese ports. Donald Trump opened his comments on Tuesday, appearing to be hopeful on a trade reproach between the…
2025.10.14 2025.10.14 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 14.10.2025 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The final part of a bullish impulse appears to be developing. Consider buy entries with a target at a high of…
Markets staged a powerful rebound on Monday as traders embraced renewed optimism about U.S.-China trade negotiations, sending equities soaring to their best session since May while precious metals extended their record-breaking rally. The risk-on shift followed President Trump’s conciliatory weekend social media post about China, temporarily easing fears about escalating tariffs. Gold’s relentless advance continued with fresh all-time highs…
This is certainly the chart of the day. The Russell 2000 is far outpacing other US major indexes today after strong earnings from Wells Fargo. That has the financials-heavy Russell 2000 up almost 2% on the day but — more importantly — its at a record high and breaking above the major double top from 2021 and 2024. This…
