U.S. dollar firms with ongoing Iran jitters, upcoming inflation data in focus
U.S. dollar firms with ongoing Iran jitters, upcoming inflation data in focus
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U.S. dollar firms with ongoing Iran jitters, upcoming inflation data in focus
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Provider of financial software solutions DMA said Monday that it has agreed a deal to acquire an 80.1% stake in Saxo Australia from Saxo Bank, marking a significant expansion of its presence in the Australian market. Saxo Bank will retain the remaining 19.9%, with the deal subject to regulatory approvals. Under the agreement, DMA will…
Is There a Chance the Fed Will Not Cut Interest Rates? Attention will now shift to Thursday’s FOMC decision where a 25bps rate cut is widely expected. So, the surprise would be no change by the Fed, which cannot be ruled out following the resounding win by President-elect Trump. What would you do…
The USD is closing mixed on the day with the USD moving the most vs the CAD after stronger Canada GDP data. The USDCAD fell by -0.93% and closed below its 100 and 200 day MAs above and below the 1.3900 level (see technical post here). The USD was also lower vs the AUD (by…
2025.07.30 2025.07.30 Silver Faces Turning Point Amid US Dollar Surge. Forecast as of 30.07.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The strengthening US dollar suggests that the bullish trend in the XAGUSD pair may be coming to an end. Silver’s recent rally was largely driven by strong investment demand and a weaker greenback. However, the situation shifted at the…
2025.12.12 2025.12.12 EUR/USD: Elliott Wave Analysis and Forecast for 12.12.25 – 19.12.25 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 1.1612 with a target of 1.1915 – 1.2100. A buy signal: the price holds above 1.1612. Stop Loss: below 1.1570, Take Profit:…
The US dollar is closing the day mostly higher. The one exception is a modest decline versus the GBP (which was the strongest currency this week). The Feds Musalem was more hawkish compared to other Fed members post the US jobs report. He is still concerned about the impact from tariffs on inflation good where…