News

Japan finance minister Kato says has no comment on forex

Posted on: Apr 04 2025

Japan finance minister Kato says has no comment on forex

  • warns tariffs could have a significant impact on trade systems
  • also impact on economies
This article was written by Eamonn Sheridan at www.forexlive.com.
PCE Data Sparks Crypto Decline, BTC and ETH Show Signs of Recovery in April - 02 April 2025

Posted on: Apr 03 2025

Financial markets broadly declined over the past week after the February Personal Consumption Expenditures (PCE) index reading came in hotter than expected, rising 0.4% month over month and 2.8% year over year.
South Korean March CPI +2.1% y/y (+2% expected)

Posted on: Apr 02 2025

Inflation data from South Korea for March 2025

+0.2% m/m

  • expected +0.18% (yes, to two decimal places, go figure), prior +0.3%

+2.1% y/y

  • +2% expected, prior also +2%

The core reading is +1.9% y/y

  • prior +1.8%
This article was written by Eamonn Sheridan at www.forexlive.com.
NIO Wave Analysis – 31 March 2025

Posted on: Apr 01 2025

NIO: ⬆️ Buy – NIO reversed from support zone – Likely to rise to resistance level 4.00 NIO recently reversed from the support area located between the multi-month support level 3.60 (which has been reversing the price from April of.
Japan data - February retail sales +1.4% y/y (expected +2.0%, prior +4.4%)

Posted on: Mar 31 2025

Japan February retail sales +1.4% y/y

  • expected +2.0%, prior +4.4%

For the m/m, comes in at +0.5%

  • expected -0.2%, prior +0.5%

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.
XRP/USD Daily Analysis: Ripple Faces Bearish Pressure Amid US Economic Data

Posted on: Mar 28 2025

Introduction to XRP/USD The XRP-USD pair, commonly referred to as “Ripple vs US Dollar,” is a critical cryptocurrency trading pair illustrating Ripple’s XRP token’s value relative to the US dollar. XRP, known for its swift and cost-efficient international payments, is popular among traders for its volatility and potential profits. Monitoring XRPUSD daily trends helps investors […]

The post XRP/USD Daily Analysis: Ripple Faces Bearish Pressure Amid US Economic Data appeared first on UnitedPips Ltd.
Trump said he may reduce tariffs on China to help facilitate TikTok US operations sale

Posted on: Mar 27 2025

Trump said he may reduce tariffs on China to help facilitate a deal for ByteDance to sell TikTok's U.S. operations.

  • He suggested a small tariff reduction could help get the deal done but noted tariffs are worth more than TikTok overall.
  • Trump also indicated he might extend the deadline for the TikTok sale again.

Trump made these remarks during his announcement of auto tariffs earlier:

  • Trump slaps a 25% tariff on all cars not made in the USA
  • The USD has risen after Trump's announcement of 25% tariff on all autos not made in USA
  • Recap of Trump's 25% auto tariff on foreign-made cars starting April 2nd
  • Trump has allowed a one-month tariff exemption for auto parts imports
This article was written by Eamonn Sheridan at www.forexlive.com.
ECB's Villeroy: There is still scope for further policy easing, the extent is up for debate

Posted on: Mar 26 2025

Member of the European Central Bank (ECB) Governing Council and Bank of France Governor Francois Villeroy de Galhau said late Tuesday that there is still room to lower interest rates further, and the 2.5% deposit rate could fall to 2% by the end of the summer, per Reuters.

EUR/USD Mid-Day Outlook

Posted on: Mar 25 2025

Daily Pivots: (S1) 1.0787; (P) 1.0824; (R1) 1.0852; More… No change in EUR/USD’s outlook and intraday bias stays mildly on the downside. Correction from 1.0953 short term top would extend to 38.2% retracement of 1.0358 to 1.0953 at 1.0726. Strong support should be seen there to bring rebound. On the upside, break of 1.0953 will […]

The post EUR/USD Mid-Day Outlook appeared first on Action Forex.
Apple Wave Analysis – 20 March 2025

Posted on: Mar 21 2025

Apple: ⬇️ Sell – Apple reversed from resistance level 220.00 – Likely to fall to support level 208.00 Apple recently reversed down from the pivotal resistance level 220.00 (former strong support from November and January, acting as the resistance level.