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GBP/USD Forecast: Holds Near 1.35 Amid Weak US ADP Data and Shutdown – Forex Crunch
BySilas WGBP/USD forecast turns up, testing 1.3500 as weak US labor data and the government shutdown pressure the dollar. The BoE is cautious on policy, with Deputy Governor Breeden warning that inflation risks could fall below the target. Fed cuts priced in, but Treasuries’ safe-haven appeal may limit sustained dollar downside. The GBP/USD forecast tilts higher…
USD/JPY Weekly Outlook – Action Forex
BySilas WUSD/JPY’s rise from 139.57 extended to 149.58 last week but turned sideway. Initial bias remains neutral this week first, and some more consolidations could be seen. But further rally is expected as long as 145.91 support holds. Above 149.58 will resume the rise to 61.8% retracement of 161.94 to 139.57 at 153.39. In the bigger…
Singapore Industrial Production Growth Accelerates
BySilas WSingapore experienced a rebound in industrial production growth, following a significant slowdown in the two preceding months, according to preliminary figures released by the Economic Development Board on Thursday. In November, industrial production increased by 8.5% year-on-year, an improvement from the 1.2% rise observed in October, which marked the slowest growth since the upward trend…
USD/JPY Price Forecast: Slides over 2% on weak US data, tumbles below 147.50
BySilas WUSD/JPY drops from 150.91 to 147.28 on soft Nonfarm Payrolls. Pair falls below 200-day and 20-day SMAs, RSI turns bearish. Next key support sits at 145.71, where 50- and 100-day SMAs converge. The USD/JPY is set to end the week with losses of 0.18% after a worse-than-expected employment report in the United States (US) opened…
Pound Responds to US Trade Policies. Forecast as of 20.02.2025 | LiteFinance
BySilas W2025.02.20 2025.02.20 Pound Responds to US Trade Policies. Forecast as of 20.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The world that Donald Trump is shaping is markedly different from its earlier iteration, compelling Forex currencies to adapt to new drivers while disregarding the previous ones, regardless of their strength. Let’s discuss this topic and make a trading plan for…
Nigel Farage condemned over call to ban public prayer for Muslims in the UK
BySilas WMuslim leaders have condemned Nigel Farage’s call to ban public prayer by Muslims in the UK as bigoted and warned of a “growing tide of hate” after the Conservative leader, Kemi Badenoch, questioned whether the events fitted “within the norms of British culture”. Farage was speaking at the launch of Reform UK’s manifesto for the…

