The Atlanta Fed GDPNow growth estimate for Q4 growth comes in unchanged at 3.1%. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2024 is 3.1 percent on December 24, unchanged from December 20 after rounding. After both the advance durable manufacturing report and the new home…
The US Dollar trades sideways and remains unphased by headlines out of China about ramping up bond sales next year. Chinese policymakers plan to sell a record 3 trillion yuan of special treasury bonds in 2025, the highest on record. The US Dollar Index (DXY) resides above 108.00, very close to eke out a fresh two-year high. The US Dollar…
2024.12.24 2024.12.24 US Dollar to Become Strongest Currency on Forex. Forecast as of 24.12.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Investors’ pessimism at the beginning of the year about the prospects for the US economy and its currency triggered a rapid rally in the USD index. What is the outlook for the US dollar in 2025? Let’s discuss this topic and make a…
So, you’ve subscribed to premium signal providers and top-tier trading newsletters. Your chart lights up with trade setups from every corner of the forex universe. Yet, instead of cashing in on pips, your account balance keeps shrinking. Frustrating, isn’t it? 
If this sounds familiar, the problem might not be the signals themselves—but you and the way you’re processing…
The stock market will close at 1pm ET (1800 GMT) while the bond market will close at 2pm ET (1900 GMT) later today. It’s the festive period after all and holiday thin liquidity just means it is tough to make sense of price movements during this time. For those interested, here’s how the S&P 500 has performed on Christmas…
Silver price falls to near $29.50 amid firm US Treasury yields. US bond yields trade near more than a six-month high as the Fed guided fewer rate cuts in 2025. Silver price remains broadly weak amid a breakdown of the upward-sloping trendline. Silver price (XAG/USD) falls to near $29.30 in Tuesday’s European session, though it remains inside Monday’s trading…
2024.12.24 2024.12.24 Strong US Dollar Puts Pressure on Gold Quotes. Forecast as of 24.12.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US dollar has shown the strongest quarterly performance since 2022, and rising treasury yields have led to speculation about the performance of gold. The question remains whether it will regain investors’ favor and reach the $3,000 mark. Let’s discuss this topic and…
Let’s dive straight into it with the first meeting date and what market players are pricing in for that. Fed: 29 January (~91% probability of no change, ~9% probability of a 25 bps rate cut) ECB: 30 January (~99% probability of a 25 bps rate cut, ~1% probability of no change) BOJ: 24 January (~54% probability of no change,…
Here is what you need to know on Tuesday, December 24: Major currency pairs fluctuate in tight ranges early Tuesday as trading conditions thin out. Stock and bond markets in the US will close early on Christmas Eve and will remain closed on Christmas Day on Wednesday. The economic calendar will not feature any data releases until Thursday. US…
2024.12.24 2024.12.24 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.12.2024 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 the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price may decline in a correction. Consider short positions from the current level with Take Profit at 91,965.00. XRPUSD: A…
