The Dow Jones shattered price records on Friday, hitting above 45,700 for the first time ever. Equities and general risk appetite soared after Fed Chair Powell made a dovish appearance. A September rate cut looks like a sure thing, bolstering general market sentiment. The Dow Jones Industrial Average (DJIA) soared to new all-time highs on Friday, testing above 45,700…
2025.08.22 2025.08.22 Markets Tread Water As Powell to Walk Tightrope At Jackson Hole. Forecast as of 22.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Fed chair is unlikely to give a clear signal about the central bank’s actions. There are significant divisions among Federal Reserve officials. Jerome Powell cannot predict the outcome of the September meeting. Let’s discuss this topic and develop a…
The weaker Baker Hughes rig count data for the current week is showing: Oil rigs -1 at 411 Natural gas unchanged at 122 Total Rig count -1 at 538. This article was written by Greg Michalowski at investinglive.com.
EUR/USD rallies nearly 1% as Powell signaled policy flexibility and acknowledged downside risks in the US labor market. Traders boosted odds of a 25 bps Fed cut in September to 90%, up sharply from 72% on Thursday. Outcome hinges on Core PCE, CPI, and Nonfarm Payrolls before September, with risks skewed toward inflationary pressures. EUR/USD skyrockets during the North…
2025.08.22 2025.08.22 USD/СAD: Elliott Wave Analysis and Forecast for 22.08.25 – 29.08.25 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 1.3777 with a target of 1.4018 – 1.4168. A buy signal: the price holds above 1.3777. Stop Loss: below 1.3720, Take Profit: 1.4018 – 1.4168. Alternative…
The NZDUSD fell sharply this week following the dovish RBNZ rate cut, which included a surprise downgrade in the central bank’s rate path expectations. The move lower drove the pair away from its 100-hour moving average, breaking below the 38.2% retracement of the April-to-July rise and undercutting the key swing area support at 0.5845–0.5860, which had acted as a…
Gold prices rallied sharply after Powell’s dovish tone highlighted employment risks despite persistent upside risks to inflation. Traders priced in a 90% probability of a 25 basis-point Fed cut, with key data still ahead before September. Next week’s US docket includes Durable Goods, GDP, and the Fed’s preferred inflation gauge, the Core PCE Price Index. Gold prices continue to…
2025.08.22 2025.08.22 EUR/USD: Elliott Wave Analysis and Forecast for 22.08.25 – 29.08.25 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 1.1385 with a target of 1.2050 – 1.2400. A buy signal: the price holds above 1.1385. Stop Loss: below 1.1300, Take Profit: 1.2050 – 1.2400. Alternative…
President Trump remarked that Canada’s removal of retaliatory tariffs was “nice” and said he expects to have another call with Prime Minister Carney soon, emphasizing that he wants to be “good to Canada” and had a productive conversation yesterday. Turning to Russia, Trump noted that President Vladimir Putin “may be coming” to the World Cup and expressed displeasure over…
the US Federal Reserve (Fed) Chair Jerome Powell said that they will adopt a new policy framework of flexible inflation targeting and eliminate the ‘makeup’ strategy for inflation, while delivering a speech on ‘Economic Outlook and Framework Review’ at the annual Jackson Hole Economic Symposium. Powell speech at Jackson Hole Symposium, key takeaways “Framework calls for balanced approach when…
