On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7521 compared to the previous day’s fix of 6.7580 and 6.7065 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth….
2026.09.17 2026.09.17 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 17.09.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The prices are gradually rising in line with our forecasts. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to rise in a bullish correction (B)….
EUR/NZD’s Stochastic turns bearish after its push above 2.00. Will sellers take control, or could the broader uptrend resume?
ICYMI: Trump tells Axios he’s nearing a big decision on resuming Iran war !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
South Korea Producer Price Index Growth (YoY): 7.9% (August) vs 7.7%
2026.09.17 2026.09.17 Forex IB Commissions Guide: How Introducing Brokers Get Paid Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Forex IB commissions are payments that introducing brokers receive for referring traders to a broker. IBs do not handle trade execution themselves but focus on connecting traders with brokerage firms. Forex introducing broker commissions can take various forms, including rebates, one-time fixed payments, and a percentage…
GBP/AUD is testing critical support after the Fed’s hawkish hike widened policy divergence and fueled another wave of dollar buying.
Trump says he faces a “big decision” on whether to launch new attacks on Iran !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
British Pound loses its footing as BoE hold meets Fed hike The Pound Sterling (GBP) extends its losses on Thursday after the Bank of England’s (BoE) decision to hold rates unchanged in a 6-3 vote, while leaving the door open for a potential hike. This, along with Wednesday Federal Reserve’s (Fed) raise, capped the GBP/USD advance, with the pair trading at…
2026.09.17 2026.09.17 What Is a Take Profit Order and What Does TP Mean in Trading? Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ A take-profit is an order that automatically closes a trade at a predetermined price to secure profits. For a long position, set it above the entry price; for a short position, set it below. Setting a take-profit is optional, but it helps…
