2024.11.18 2024.11.18 Yen Under Pressure from Trump Factor. Forecast as of 18.11.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The return of Donald Trump to the White House has introduced uncertainty for the USDJPY. The currency pair declined before September. However, the outlook shifted as the likelihood of Trump’s victory increased. Let’s discuss this topic and develop a trading plan. The article covers the…

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Canada may print sticky high or higher price pressures in October, which could ease the pressure on the Bank of Canada (BOC) to keep on cutting its interest rates. Our Event Guide for Canada’s October CPI Reports points to rising wage growth and seasonal activity potentially keeping inflation sticky high for the month. If true, BOC –…

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Domestic sight deposits CHF 455.0 bn vs CHF 455.4 bn prior Swiss sight deposits were little changed in the past week, still keeping within the range seen in the last few months. The trend as per below: This article was written by Justin Low at www.forexlive.com.

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European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Monday, “Trump’s tariffs may have a minor impact on inflation.” He added, “global integration would have to decrease substantially to cause a noticeable rise in inflationary pressures.” Market reaction These comments have little to no impact on the Euro, as the EUR/USD pair keeps its range near  1.0500 at…

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2024.11.18 2024.11.18 Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.11.2024 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: Bullish momentum continues. Consider long positions from the current level with Take Profit at 96,000.00 XRPUSD: The price is expected to…

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NZD/JPY has been cruising inside this range since last month, and it looks like another bounce off support is due. Or are we about to see a breakout soon? Check out these inflection points we’re watching on the 4-hour time frame: NZD/JPY 4-hour Forex Chart by TradingView NZD/JPY has been pacing back and forth between support near the 90.00…

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Weak yen pushes up costs and have big negative impact on consumption But it is a positive for exports and inbound tourism Does not think there is a huge build up of yen carry positions compared to July Seeing progress in sustainably achieving price target Keeping rates low for too long could accelerate inflation and force us to hike…

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The Australian Dollar recovers its recent losses due to the hawkish RBA. Australia’s 10-year government bond yield eased to near 4.66%, pulling back from a one-year high. The US Dollar may appreciate following hawkish comments from Fed officials. The Australian Dollar (AUD) extends its gains for a second consecutive session on Monday, supported by hawkish comments from Reserve Bank…

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With the Bank of Canada (BOC) still one of the more dovish central banks out there, can the upcoming Canadian CPI report boost their easing odds soon? Or are we about to see stronger figures that could warrant a pause in rate cuts? Here’s what you need to know when trading Canada’s inflation figures. This Article Is…

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Smoking gun narratives centring on Ukraine / Russia / US developments: US authorizes Ukraine to use long-range US weapons to strike inside Russia Russia escalated with its influx of troops from North Korea. Now another escalation with the US authorization of the use of long-range weapons to hit targets inside of Russia. China looks to be in the market…

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