Canadian Dollar steadies as weak US Dollar offsets lower oil prices

USD/CAD remains steady after registering minor gains in the previous day, trading around 1.3940 during the Asian hours on Thursday. The currency pair moves within a narrow range as a weaker US Dollar (USD) balances out the impact of falling oil prices on the commodity-linked Canadian Dollar (CAD). The Greenback continues to face headwinds following the release of July’s…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.08.2026

2026.08.12 2026.08.12 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 12.08.2026 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 article covers the following subjects: Major Takeaways BTCUSD: The price is expected to rise in the final part of correction 4. Consider long positions with a Take Profit…

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Mexican Peso rallies to two-year high as soft CPI hits Fed bets

The Mexican Peso (MXN) appreciates on Wednesday against the US Dollar (USD) to levels last seen in May 2024 following a decline in US inflation, as markets expected, softer-than-expected, which trims bets of a rate hike by the Federal Reserve (Fed) in its next meeting. The USD/MXN pair trades at 17.05 after hitting early lows of 17.01. USD/MXN falls…

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US Dollar Braces for Crucial Inflation Data. Forecast as of 12.08.2026

2026.08.12 2026.08.12 US Dollar Braces for Crucial Inflation Data. Forecast as of 12.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Does the slowdown in CPI mark the beginning of a sustained disinflationary trend, or is it merely temporary? Judging by developments in the Middle East, investors appear to favor the latter scenario. If so, the EUR/USD rally may not last long. Let’s take a…

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Why You Should Set (And Stick To) A Maximum Trading Loss

Ever watched yourself spiral into a trading abyss, convinced the next trade will save you from today’s bloodbath? At some point in your trading career, you’ve probably felt the urge to keep trading even after losing more than you normally would in a day. You tell yourself that a few more trades could help you recover those losses. But…

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How to Invest $10,000: Best Ways in 2026

2026.08.12 2026.08.12 How to Invest $10,000: Smart Ways to Grow Your Money Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ Ten thousand dollars. You could spend it on a used car, a trip, or home improvements. Or you could make the money work for you. For many beginners, $10,000 is a good starting point for investing. It is enough to diversify, but not so much…

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