2024.08.12 2024.08.12 Gold Price Forecast & Predictions: 2024 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The gold price forecast employs a comprehensive analysis of major factors affecting the precious metal’s supply and consumer demand. It also encompasses trading patterns, fractals, and emerging market trends. What lies ahead for gold? Will it rise in price? In this article, we’ll delve into historical data,…

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The Japanese yen weakened in value against the U.S. dollar on Monday, after a wild ride last week. Markets, in particular Japan’s, were rocked last week by an unwinding of the hugely popular yen carry trade, which involves borrowing yen at a low cost to buy other currencies and assets offering higher yields. The violent sell-off in USD/JPO between…

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“U.S. & Israeli officials tell me their assessment is that the Iranian attack isn’t happening tonight,” Axios reporter Barak Ravid reports. h/t @newsquawk This article was written by Adam Button at www.forexlive.com.

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AUD/USD registered a boost, settling near 0.6600. RBA maintains its hawkish position, undergirding a strengthened AUD. Investors to eye upcoming mid-tier Australian economic figures during the Asian session. The AUD/USD pair experienced an increase of 0.40% during Monday’s session, settling near 0.6600. Undoubtedly, the Reserve Bank of Australia’s (RBA) unwavering hawkish stance and stronger Chinese inflation figures reported last…

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2024.08.12 2024.08.12 Euro to Dollar (EURUSD) Forecast for 2024-2025 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ EURUSD is one of the major currency pairs. It means that it’s one of the most traded pairs in Forex. However, traders around the globe try to predict its future price for more than opening successful trades. The direction of EURUSD may reflect the strength of…

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Brace yourselves, fellow traders! We’re in for another wild ride since this trading week is filled to the brim with major news catalysts. One of the main events on the docket is the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision, but we’re also likely to see volatile action during the release of U.S. CPI and PPI…

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A RCP US election poll sees: Harris 47.6% Trump 47.1% A virtual dead heat. Polls are nice, but it will be the swing states that will likely determine the next president. Key swing states include: Wisconsin Michigan Ohio Pennsylvania Georgia Arizona Both candidates have the potential to win the popular vote but lose election because they lose the swing…

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Oil price jumps higher for a fourth consecutive day on Monday. Traders send Oil prices higher on trimmed demand outlook from OPEC.  The US Dollar Index trades at a pivotal level after being glued to it since last week.  Oil price jumps higher for a fourth straight day in a row on Monday. Oil traders are sending Crude prices…

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2024.08.12 2024.08.12 Verizon Forecast & Predictions for 2024, 2025-2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Verizon Communications Inc. (#VZ) is a leading telecommunications company in the United States, with a diverse customer base and a robust revenue stream. The company operates in an industry that is considered relatively resilient to economic cycles, as communications services are in demand even at times of…

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One of the most popular discussions about trading is how much a trader should risk per trade. A lot of them go by the standard 1% to 2% while the more aggressive ones sometimes recommend risking as much as 5%. What you should understand is that taking risks is not a one-dimensional pursuit. Sure, there are basic rules you…

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