FX Weekly Recap: May 12 – 16, 2025
US dollar outperforms as major currencies react to big news on the US-China trade front & shifting Fed rate cut expectations.
US dollar outperforms as major currencies react to big news on the US-China trade front & shifting Fed rate cut expectations.
2025.09.17 2025.09.17 Loonie Extends Gains As Greenback Weakens. Forecast as of 17.09.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Speculators have been selling the Canadian dollar for seven of the last nine weeks due to the weak economy. However, Canada is accustomed to tariffs, while fiscal stimulus will make a BoC rate cut unnecessary. Let’s discuss this topic and make…
By Aya S. Chacar, Florida International University The global energy crisis caused by the closure of the Strait of Hormuz is only the beginning of the economic cost of the war with Iran. I study how institutions affect businesses and supply chains, and I expect food prices to rise next, with high prices lasting even…
Today is the Flash PMIs Day for the Eurozone, the UK and the US. We will also get the Canadian Retail Sales and the Final UMich Consumer Sentiment data although they are unlikely to be market moving. Eurozone Manufacturing PMI: 46.0 expected vs. 46.0 prior. Eurozone Services PMI: 51.6 expected vs. 51.6 prior. UK Manufacturing…
Hello fellow traders! In this technical article, we’ll be discussing GOLD (XAUUSD) and sharing some charts that we’ve presented to the members of ElliottWave-Forecast. As our members know, GOLD is showing higher high sequences in the cycle from the December 18th low, which suggests a further rally in the commodity. Recently, GOLD completed a 3-wave…
On Friday, trading on the US stock market ended with a sharp rally. By the end of Friday, the Dow Jones (US30) surged by 2.47% (+2.74% for the week), hitting a new all-time high amid a broad recovery following the sharp correction earlier in the week. The S&P 500 (US500) gained 1.97% (+0.23% for the…
South African rand falls 1.7% as strong dollar weighs on currency Source link