US dollar rebounds against safe-haven currencies after Trump pauses tariffs

2025.01.22 2025.01.22 Facebook (Meta) Stock Price Prediction: 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Shares of Meta Platforms Inc. (META), the largest technology conglomerate, have demonstrated remarkable growth, surging by over 600% over the past two years and reaching an all-time high of $638.32. Despite strong headwinds posed by the global economy and ongoing geopolitical…

The EURUSD pair has experienced a pullback after breaking above the significant 1.1200 resistance level. After reaching a high of 1.1213, the pair retreated to 1.1121, leaving traders wondering about its next move. Despite this setback, the overall uptrend from 1.1001 remains intact. The key to watch is the rising trend line visible on the…

2024.10.18 2024.10.18 Loonie loses against the US dollar. Forecast as of 18.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The USDCAD‘s best winning streak since 2017 has not met the Reuters experts’ forecasts, predicting the strengthening of the loonie. This was due to the Bank of Canada’s intention to bring the rate to a neutral level as soon as possible….

USD: CPI Data in the Spotlight Next Week The US dollar’s value is still heavily influenced by incoming data, with trade-related announcements having a muted effect. President Trump recently threatened Canada with a 35% tariff on certain goods starting August 1st and suggested potential 15-20% tariffs on most US trading partners, a significant increase from…