Monthly Archives: August 2025
UOB Group analysts suggest the NZD/USD may approach 0.6000, though upward momentum remains uncertain
Written on August 13, 2025 at 1:21 pm, by
NZD shows upward momentum but may struggle to reach 0.6000; support at 0.5910 remains crucial.
The search for the next Fed Chair includes Rick Reider, David Zervos, and others
Written on August 13, 2025 at 1:00 pm, by
Trump administration expands Fed Chair search to include economists, Fed Governors, and financial industry leaders.
As sellers dominate, the USD weakens against major currencies at the beginning of North American trading
Written on August 13, 2025 at 12:59 pm, by
The USD opens lower; technical analysis highlights key movements in EUR/USD, USD/JPY, and GBP/USD pairs.
Afternoon trading sees the Indian Rupee appreciating against the US Dollar due to Fed rate cut speculation
Written on August 13, 2025 at 12:53 pm, by
Indian Rupee strengthens as US rate cut bets grow; USD/INR nears 87.65 amid inflation data impacts.
New loans in China amounted to 50 billion, falling short of the anticipated 300 billion
Written on August 13, 2025 at 12:52 pm, by
China’s loan shortfall and positive risk sentiment weakened the dollar; AI tokens and gold saw gains.
The Nasdaq reached new highs, with market optimism driven by Fed expectations and technical analysis
Written on August 13, 2025 at 12:30 pm, by
Nasdaq hits all-time highs as traders expect a September rate cut amid stable inflation and dovish Fed.
Bessent believes a 50 basis point Fed rate cut is possible, alongside multiple future reductions
Written on August 13, 2025 at 12:00 pm, by
Scott Bessent signals possible rate cuts, stresses data accuracy, inflation control, and dismisses asset purchase resumption.
Bessent mentioned Trump’s Nvidia deal, suggesting potential similar agreements and highlighting taxpayer benefits, while addressing China
Written on August 13, 2025 at 12:00 pm, by
Trump’s Nvidia deal channels AI chip sales to China, directing 15% revenue to reduce U.S. debt.
US MBA mortgage applications rose by 10.9%, with a market index increase to 281.1
Written on August 13, 2025 at 11:30 am, by
US mortgage applications rose 10.9% as rates declined to 6.67%, with refinances driving gains.
Market anticipates a September cut, as buyers target gains while sellers eye new low levels
Written on August 13, 2025 at 9:31 am, by
S&P 500 hits record high as CPI meets expectations; markets await Powell’s Jackson Hole remarks for direction.
