The global economy surprised on the upside in 2024 but looks set to face rougher waters in 2025. Across-the-board tariffs are poised to squeeze both international trade and foreign direct investment, while persistently elevated interest rates threaten to curb consumer spending and business outlays. Adding to the strain, the U.S.
The EUR/USD currency pair, one of the most closely followed in global forex markets, is at a critical juncture as 2025 begins. A confluence of chart signals, Eurozone economic data, geopolitical developments, and evolving analyst forecasts points to significant potential shifts in its trajectory. Here’s a deep dive into the
Unlocking the Secrets of the Japanese Yen: A Look at USD/JPY and CAD/JPY Before the BOJ Meeting The Impact of Interest Rate Differentials on the Japanese Yen The narrowing interest rate differentials between Japan and the rest of the world has been a key theme in the improving Japanese yen
As January 2025 progresses, several significant economic events are slated to occur worldwide, offering insights into the health and direction of various economies. January 20, 2025: China’s Loan Prime Rates Announcement The People’s Bank of China is set to announce its Loan Prime Rates (LPR) for 1-year and 5-year terms.
As of January 2025, the United Kingdom’s economy presents a complex tapestry of modest growth, strategic international collaborations, and internal policy shifts aimed at fostering long-term stability. Economic Performance and Indicators Recent data indicates that the UK’s Gross Domestic Product (GDP) experienced no growth in the third quarter of 2024,
The USDJPY currency pair has experienced a notable uptick, reaching the 156.00 level, influenced by robust Japanese economic data and increasing expectations of a potential interest rate hike by the Bank of Japan (BoJ). Japanese Economic Indicators Signal Strength Recent data highlights a positive trajectory for Japan’s economy: Anticipation of
Gold Price Soars Above $2,700, But How High Can It Go Before Trump’s Inauguration? Gold Price Attracts Dip Buyers Amidst Weakening US Dollar The gold price (XAU/USD) has been on a bullish run, reaching above $2,700 and attracting dip-buyers near the $2,689 region during the Asian session on Monday. This
Silver Price Retreats from One-Month High as it Hits a Major Hurdle at $31: A Forecast for XAG/USD Description: Silver (XAG/USD) attracts some sellers on Friday and for now, seems to have snapped a three-day winning streak to the $31.00 neighborhood, or over a one-month high touched the previous day.
The NZD/USD currency pair has been under considerable pressure, reflecting broader economic and market conditions. As seen in the attached chart, the pair has continued its downward trajectory, hovering around the 0.56 mark—a significant decline from its historical highs near 1.49. This trend is indicative of both domestic (economic challenges)
GBP/USD Navigates Lows as Crucial Inflation Data Approaches – What to Expect Description: GBP/USD is mired in near-term technical consolidation near the 1.2200 handle as key inflation metrics from the US and UK growth figures loom large through the midweek sessions. US Consumer Price Index (CPI) inflation is expected to
GBP/USD: Pound Sterling Continues to Decline for Fifth Consecutive Day – What’s Next? Description The GBP/USD pair remains under heavy selling pressure for the fifth straight day and dives to its lowest level since November 2023, around the 1.2125 region during the Asian session on Monday. Moreover, the fundamental backdrop
GBP/USD Update: Pound Sterling Holds Steady, But Vulnerable to Market Volatility Introduction After dipping to its weakest level since November 2023 below 1.2250 in the European session on Thursday, GBP/USD erased a portion of its losses in the second half of the day. The pair trades in a narrow channel
Troubles Ahead for the GBP/USD: UK Fiscal and Inflation Concerns Cause Decline in Pound Sterling Price Introduction The GBP/USD remains subdued for the fourth successive day, trading around 1.2300 during the Asian session on Friday. The GBP/USD pair dropped to 1.2238 on Thursday, marking its lowest level since November 2023,
GBP/JPY Rebounds from Multi-Week Low, But Still in the Red Just Above 19400 The GBP/JPY cross attracts some follow-through sellers for the third successive day on Thursday and drops to over a three-week low, around the 193.70-193.65 region during the first half of the European session. Despite recent setbacks, the
Unpacking the Latest USD/CAD Update: The Canadian Dollar’s Struggle Amid Political Uncertainty Introduction Despite the recovery shown by the Canadian dollar two sessions ago, the balance has now shifted 0.5% higher in favor of the U.S. dollar, keeping USD/CAD near levels not seen in the past four years. The imminent
GBP/USD Retreats Below 1.2500: Pound Sterling Takes a Hit from Strong US Services PMI and JOLTS Data The Pound Sterling rose to a new four-day peak of 1.2575 on Tuesday after posting its biggest gain in the last three days. The Washington Post revealed that US President-elect Donald Trump’s advisers
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