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The US dollar has lost all its weekly gains as softer economic data and disappointing US earnings raise questions about the concept of US exceptionalism. The USD/JPY pair stands out as a notable performer, bolstered by recent hawkish inflation figures. However, further decline of the dollar may not be advisable. In yesterday’s turbulent FX market,…
2025.02.12 2025.02.12 Aussie Rises from Ashes. Forecast as of 12.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Since Australia buys more from the US than it sells, it is not particularly frightened by Donald Trump’s trade threats. The potential retaliatory measures may be more severe than those from the EU or China. However, the AUDUSD pair is facing some challenges….
The upcoming week will be a busy one with a barrage of high impact data releases scheduled. There are also lingering concerns around tariffs which are unlikely to dissipate soon. President Trump said on Friday that he expects trade deals in the next three to four weeks which leaves the door open for further twists…
Biden-Harris Administration quickly deploying resources to assist all those impacted by horrific attack Washington, Jan. 04, 2025 (GLOBE NEWSWIRE) — In response to the request from Louisiana Gov. Jeff Landry, the U.S. Small Business Administration (SBA) announced that small businesses and private nonprofit organizations (PNPs) in Louisiana may now apply for federal disaster loans to…
Gold is trading rather steady around $3,020 after Friday’s decline. US President Trump is said to ease off on tariffs by April 2, according to US officials. Gold is still supported in the $3,000 region, though pressure is building for more downside. Gold’s price (XAU/USD) is looking for direction while orbiting around $3,020 at the…
LIJA, Malta, March 03, 2025 (GLOBE NEWSWIRE) — BlocScale, the first-ever IDO launchpad built on the XRP Ledger, has officially onboarded XCAT Memecoin for their $XCAT presale round. This milestone cements BlocScale’s role as the go-to platform for decentralized fundraising on XRP ledger, providing projects with the infrastructure needed to launch and thrive within the…