U.S. Tariffs: Markets Stay Calm, But Inflation and Stagflation Risks Loom – Forex Trading Forum
2024.06.13 2024.06.13 A Comprehensive Guide To Major Currency Pairs Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ A currency pair on the trading market is the main tool for forming an offer to buy or sell a currency. A currency pair consists of two currencies: the main currency and the quote currency. The most traded currency pairs are those that contain…
US Dollar Index hits new yearly low after PCE inflation report came in softer than expected. PCE data shows personal income rose less than expected, PCE price index increased by 0.1% MoM, and core PCE increased by 0.1%, below expectations. DXY is on the edge of a cliff as rate cut bets and dovish Fed…
2025.01.16 2025.01.16 Pound Rebounds as UK Bond Turmoil Calms. Forecast as of 16.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ When the central bank accelerates its rate-cutting cycle, the currency typically encounters a decline. However, the GBPUSD pair surged on the back of slowing inflation in the UK. At first glance, this may seem counterintuitive, but the surge was driven…
The Reserve Bank of New Zealand (RBNZ) has cut its Official Cash Rate (OCR) by 50 basis points to 4.75%, marking a significant shift in its monetary policy stance. This move, while widely anticipated by markets (as discussed in our Event Guide), and it underscores the central bank’s growing concerns about economic growth and its…
The New Zealand dollar has started the week with gains. NZD/USD is trading at 0.6026 in the North American session, up 0.45% at the time of writing. Will the RBNZ lower rates this week? The Reserve Bank of New Zealand meets on Wednesday and it’s a live meeting as the decision is expected to be…
Fear has big eyes. When investors saw the rise in unemployment in the United States to a four-year peak of 4.6% and a decrease in October employment by 105 thousand, they rushed to sell the US dollar. The markets fired as usual and only then began to sort things out. EURUSD touched 1.18 for the…