2024.11.19 2024.11.20 Economic Calendar for the Week 25.11.2024 – 01.12.2024 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ US dollar buyers are celebrating a victory, as the US dollar index nearly touched 107.00 by the end of the week before last. At the same time, US stock indices also remain bullish on the expectation of positive changes in the US economy after Donald Trump’s assumption…

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It looks like USD/CHF is in correction mode on its uptrend, but will these support zones still be able to keep losses in check? Here’s what I’m seeing on the 4-hour chart. USD/CHF 4-hour Forex Chart by TradingView This dollar pair has been forming higher lows connected by an ascending trend line that’s been holding since October, and it…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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WTI price steadies near $69.30 in Wednesday’s early Asian session.  Russia’s defence ministry said Ukraine used US ATACMS missiles to strike Russian territory.  Weaker Chinese demand could weigh on the WTI price. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.30 on Wednesday. The WTI price trades flat after Ukraine used US ATACMS missiles to strike…

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2024.11.19 2024.11.19 China Shifts Away from US Treasuries. Forecast as of 19.11.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The speculation that China is selling US Treasuries and Europe is increasing exports to the US in anticipation of trade wars has prompted EURUSD bears to lock in profits. Let’s discuss this topic and make a trading plan. The article covers the following subjects: Major…

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With few big reports to price in, the U.S. dollar struggled as escalating Russia-Ukraine tensions initially lifted demand, but falling Treasury yields and weak U.S. housing data erased gains. Gold and crude oil rallied on geopolitical worries, while improving risk sentiment later in the session pushed equities higher and drove bitcoin to fresh record highs. How did your favorite…

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The Financial Times have a (gated) report on this: Via an ungated report: Danish authorities appear to have narrowed down a possible culprit to Chinese bulker Yi Peng 3, which traveled over the reported incident site at the time of the failure. Its AIS track shows the vessel drifting back and forth for around an hour the morning of…

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The US Dollar navigated without a clear direction in a context dominated by the resurgence of Russia-Ukraine geopolitical concerns and the subsequent search for safe havens. Here is what you need to know on Wednesday, November 20: The US Dollar Index (DXY) maintained its trade in the low-106.00s amid further weakness in US yields across the curve. Second-tier releases…

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2024.11.19 2024.11.19 Qtum Price Forecast & Predictions for 2024, 2025-2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Qtum is a hybrid blockchain platform that merges the security of Bitcoin and Ethereum’s smart contract technology. Designed to empower business applications and interoperate across different economic sectors, Qtum has gained popularity due to its adaptability to a wide range of purposes. In 2024, the…

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The dollar slipped on Monday as shifting Fed interest rate expectations weighed on the currency, while safe-haven flows into gold and oil picked up amid escalating Russia-Ukraine tensions. Despite the geopolitical jitters, risk sentiment held up surprisingly well, with U.S. stocks climbing as investors stayed focused on key tech earnings coming later this week. Here’s what moved the major…

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