FX Weekly Recap: August 18 – 22, 2025
The quiet start for FX erupted mid-week as Fed uncertainty dominated, culminating in Powell’s market-moving Jackson Hole speech Friday.
The quiet start for FX erupted mid-week as Fed uncertainty dominated, culminating in Powell’s market-moving Jackson Hole speech Friday.
Navigating the complex waves of the financial markets requires an astute understanding of various economic indicators. Among them, the nonfarm payroll report stands out as a pivotal monthly metric that can significantly sway financial markets. This article demystifies the intricacies of this influential report, walking through what to know before trading it. Nonfarm Payroll Definition…
The British pound has posted considerably on Tuesday. GBP/USD is trading at 1.2713 in the North American session, down 0.66% on the day. Earlier, GBP/USD fell to 1.2672, its lowest level since July 2. UK Construction PMI shines The UK Construction PMI index impressed in July, rising to 55.3, its highest level in 26 months….
The Financial Industry Regulatory Authority (FINRA) reported this week that it has fined Seaport Global Securities LLC $125,000 for supervisory and record-keeping failures linked to its options trading operations. The fine follows a settlement agreement in which Seaport neither admitted nor denied the findings but accepted the sanctions to resolve the matter. According to FINRA,…
What a week to kick off July! The Loonie & franc strutted their stuff, while the U.S. dollar continued to its recent slide. Just when traders thought they had Fed policy figured out, Thursday’s jobs report crashed the bear USD party with a solid 147,000 new hires, sending rate cut bets scrambling. Meanwhile, Powell…
2024.12.11 2024.12.11 Economic Calendar for the Week 16.12.2024 – 22.12.2024 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Despite the strong volatility accompanying the markets, the US stock indices maintain positive momentum and trade within a long-term bullish trend. The US dollar also continues to dominate the market. Last week, the four largest world central banks, the European Central Bank, the…
Elon Musk has begun limited testing for X Money, his long-anticipated payments and banking platform. This marks a key step toward transforming X into a multifunctional app. The move brings a quiet but meaningful shift in the platform’s direction as it prepares for a wider launch in 2025. Musk confirmed the beta testing in a…