Rate cuts by year-end Fed: 51 bps (99% probability of no change at the upcoming meeting) ECB: 25 bps (90% probability of no change at the upcoming meeting) BoE: 58 bps (92% probability of no change at the upcoming meeting) BoC: 29 bps (72% probability of no change at the upcoming meeting) RBA: 74 bps (60% probability of rate…
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday that there is no fixed position on future rate decisions.” Additional quotes Decisions will depend on data. Believe in pragmatism and agility on monetary policy. Market reaction EUR/USD is off multi-week highs but defends 1.1500 following these comments, still adding 0.18% on the day at press time. ECB FAQs…
2025.06.12 2025.06.12 Euro Catches Tailwinds. Forecast as of 12.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The stock market is currently reacting to the news of the US trade deal with China, and the reluctance of US inflation to rise is being perceived as a sign of economic weakness and a potential threat to the US dollar’s value. Let’s discuss this topic and make…
EUR/JPY has been cruising steadily higher inside an ascending channel on its 4-hour time frame, and it looks like a trend pullback could be due soon. Here are the support levels to watch on the 4-hour time frame: EUR/JPY 4-hour Forex Chart by TradingView Yen traders appear to be easing up on their hawkish BOJ expectations over the past…
There are a couple to take note of on the day, as highlighted in bold. The first ones are for EUR/USD at the 1.1500 and 1.1525 levels. The pair is now teasing the April highs, looking for firm clearance above the 1.1500 mark in general. The expiries might help to keep a lid on things in the session ahead…
Watch the video from the WLGC session on 11 Jun 2025 to find out the following: Market environment The bullish vs. bearish setup is 230 to 61 from the screenshot of my stock screener below. Three stocks ready to soar 21 actionable setups such as SCHW, DAVE, GRPN were discussed during the live session on 11 Jun 2025 before the market open (BMO). Charles Schwab…
Headline US CPI rose only 0.1% in May, marking a deceleration from April’s 0.2% uptick and supporting the Fed’s cautious policy stance. Here’s how USD reacted.
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NZD/USD edges higher to around 0.6035 in Thursday’s early European session, bolstered by the softer US Dollar. Softer US inflation data undermines the US dollar and acts as a headwind for the pair. Trump said the trade deal with China is ‘done,’ though details from China were lacking. The NZD/USD pair gathers strength to around 0.6035 during the…
Royal Institution of Chartered Surveyors’ monthly house price balance dropped to -8 in May expected -4 from -3 in April weakest since July 2024 RICS analyst comment: “Sentiment across the UK residential property market remains somewhat subdued, with ongoing uncertainty around global trade policies and the dampening effect of transactions being brought forward ahead of the Stamp Duty changes…
