FX Weekly Recap: April 7 – 11, 2025
Global trade policy updates dominated the news flow and arguably had the biggest weight of influence on currency price action, resulting in a very rough week for the U.S. dollar!
Global trade policy updates dominated the news flow and arguably had the biggest weight of influence on currency price action, resulting in a very rough week for the U.S. dollar!
In this video, we’re covering the latest updates on the NASDAQ, Nikkei 225, and Hang Seng Index. Source link
On Friday we had some spectacularly good data from Japan, big beats, both m/m and y/y: Th Bank of Japan is keenly watching consumption and wage trends to help asses the strength, or otherwise, of the Japanese economy. Today we get wages data. Japanese workers have received hefty nominal wage rises, Japanese companies agreed to…
ECB unlikely to accelerate rate cuts. Cutting faster would need a more significant departure from out projections. Gradual moves are best amid uncertainty. Near-term market bets are justified. This article was written by Giuseppe Dellamotta at www.forexlive.com. Source link
Asian Markets Show Cautious Optimism Amid US Tariff Maneuvers Asian stock exchanges responded with mild enthusiasm following the latest move by US President Donald Trump to ramp up import tariffs. Meanwhile, the US dollar held steady and oil prices slipped slightly. Trump’s Tariff Notices Shake Wall Street Wall Street took a downturn after Trump sent…
Quick update: Trump was swift in denying the news. “We’re not planning on doing it,” he said. “It’s highly unlikely.” Dollar reversed earlier gains and fell sharply after reports emerged that US President Donald Trump is preparing to fire Fed Chair Jerome Powell “very soon”. The move would spark a dramatic clash over the independence…
BCA Research provided insights into the anticipated monetary policy actions by central banks in China and the United States. The research firm expects Chinese authorities to lower interest rates on existing mortgage loans, while the Federal Reserve is predicted to begin its monetary easing cycle. According to BCA Research, a potential 100-basis-point cut in Chinese…