Asia FX steady as strong US data dims Fed cut hopes; yen off recent lows

Asia FX steady as strong US data dims Fed cut hopes; yen off recent lows
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Asia FX steady as strong US data dims Fed cut hopes; yen off recent lows
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This week our currency strategists focused on the U.K. jobs update and the U.S. CPI update for potential high-quality setups. Out of the four scenario/price outlook discussions this week, two discussions arguably saw both fundie & technical arguments triggered to become potential candidates for a trade & risk management overlay. Check out our review on…
losing The Dow Jones fell back into the weekly red zone on Friday. President Trump has stepped up fresh tariff threats, targeting Canadian goods with new import fees. Investor sentiment remains hobbled in a constantly changing trade policy environment. The Dow Jones Industrial Average (DJIA) snapped a two-day recovery on Friday, testing below the 44,400…
Dollar sinks to four-year low, Trump brushes off the decline Source link
2025.09.12 2025.09.12 USD/JPY: Elliott Wave Analysis and Forecast for 12.09.25 – 19.09.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 149.18 with a target of 142.50 – 139.83. A sell signal: the price holds below 149.18. Stop Loss: above 150.50, Take Profit:…
London-listed CMC Markets announced strong interim results for the half-year ended 30 September 2024 on Thursday, with significant improvements in profitability and revenue. The financial services firm reported a pre-tax profit of £49.6 million, a stark contrast to the £2 million loss recorded in the same period last year. The company said this was due…
The UK, Australia, Canada, New Zealand and Norway have placed sanctions on two Israeli government ministers, Itamar Ben-Gvir and Bezalel Smotrich, largely for inciting violence against Palestinians in their campaign to gain control of new settlements in the West Bank. Ben-Gvir, the security minister in Benjamin Netanyahu’s coalition government, and Smotrich, the finance minister, will…