European Central Bank (ECB) Governing Council member and head of the Austrian central bank, Oesterreichische Nationalbank (OeNB) noted on Monday that warning signs that the ECB may undershoot inflation targets are growing, but overall inflation figures are still lopsided and make policy moves difficult. Key highlights Danger of undershooting 2% is not a reason to cut. With core at 2.7%, ECB…
2025.02.17 2025.02.17 Best Days to Trade Forex: Unlocking Profit Potential with Strategic Timing Artem Parshinhttps://www.litefinance.org/blog/authors/artem-parshin/ Choosing the optimal time to trade Forex is key to a good trading strategy. It is important to consider the activity of trading sessions, the periods of volatility of currency pairs, and economic news. Understanding when to trade on Forex helps reduce risks and…
You can be highly motivated to trade, have abundant capital, and have a dummy-proof trading system, but you can still encounter losses if you fail to concentrate. Even had a hard time working in a crowded Starbucks or studying in a noisy library? It’s easy to concentrate when we are in a quiet room or when we feel calm…
Securities Canadians C$ 3.77 billion versus C$17.65 billion last month Securities foreigners C$ 14.37 billion versus C$13.84 billion last month Foreign investors increased their exposure to Canadian securities by $14.37 billion in December, mainly in debt securities. Meanwhile, Canadian investors acquired $3.77 billion of foreign securities, down from a $17.65 billion investment in November. As a result, international transactions…
Gold is heading back above $2,900 in a rather soft trading day. Geopolitical headlines will take over markets this week with headlines around Ukraine. A daily close above $2,900 would be beneficial for more upside in Gold this week. Gold’s price (XAU/USD) is orbiting around $2,900 again at the time of writing on Monday after its steep correction on…
2025.02.17 2025.02.17 Yen Benefits From Monetary Policy Divergence. Forecast as of 17.02.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ In light of the recent significant rate cuts by most major central banks worldwide, the Bank of Japan’s decision to maintain its rates has led to a shift in market sentiment, favoring a bearish outlook for the EURJPY and GBPJPY exchange rates. Let’s discuss this…
An interest rate cut appears to be in the cards for the RBA this week, but what if the central bank downplays future easing moves? Our Event Guide for the RBA Decision points out that a 0.25% reduction in borrowing costs has been priced in for a while, so there could also be a case for profit-taking…
Rate cuts by year-end Fed: 40 bps (98% probability of no change at the upcoming meeting) ECB: 77 bps (98% probability of rate cut at the upcoming meeting) BoE: 56 bps (78% probability of no change at the upcoming meeting) BoC: 50 bps (52% probability of no change at the upcoming meeting) RBA: 72 bps (88% probability of rate…
The Pound Sterling steadies against its major peers on Monday amid uncertainty ahead of UK employment and inflation data. BoE Governor Bailey could hint at fresh cues about the monetary policy outlook in a speech on Tuesday. Fed’s Logan reiterates her view of maintaining caution on interest rate cuts. The Pound Sterling (GBP) trades steady against its major peers…
2025.02.17 2025.02.17 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 17.02.2025 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 continues to decline in the bearish impulse wave (C). Consider short trades from the current level, setting a take-profit…
