Bank of Canada Governor Tiff Macklem provides insights into the central bank’s policy outlook while responding to enquiries from reporters. This follows the bank’s decision to maintain its policy rate at 2.75%, a move that was widely expected by markets. BoC press conference key highlights We will be looking carefully at the next two CPI reports. There is some…
2025.06.04 2025.06.04 Short-Term Analysis for Oil, Gold, and EURUSD for 04.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold continues to trade in a short-term uptrend. The…
Ever heard of the line, “Try and try until you succeed?” Let me tell you a little secret. Sometimes, it doesn’t apply to trading. One of the biggest mistakes newbie traders make is overtrading. Fueled by the fear of missing out, they throw themselves at every setup they see, convinced the next one will be the big winner. Now,…
Understanding large cryptocurrency transactions, commonly called “whale transfers,” can provide important clues about market sentiment and potential price direction. Using Whale Alert data, we’ve identified the most significant crypto whale transfer each week, analyzed its implications, and summarized the broader market sentiment. Here’s your latest weekly insight. Weekly Whale Alert Highlights Week of June 1–4, 2025 Most Significant Transfer:…
Private sector employment in the US rose by 37,000 in May and annual pay was up 4.5% year-over-year, the Automatic Data Processing (ADP) reported on Wednesday. This reading followed the 60,000 (revised from 62,000) increase recorded in April and missed the market expectation of 115,000 by a wide margin. Assessing the report’s findings, “after a strong start to the…
2025.06.04 2025.06.04 Loonie’s Recent Gains Likely Short-Lived. Forecast as of 04.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Canada is considered one of the main victims of global trade wars. However, the fall of the USDCAD pair suggests the opposite. What are the factors contributing to the Canadian dollar’s strength? Let’s discuss this topic and make a trading plan. The article covers the following…
Market risk sentiment showed resilience as better-than-expected U.S. job data offset trade war concerns, while central banks prepared for policy shifts amid disinflationary pressures. Here are headlines you may have missed in the last trading sessions! Headlines: Australia current account for Q1 2025: -14.7B (-7.6B forecast; -12.5B previous) Australia business inventories for Q1 2025: 0.8% q/q (0.3% q/q forecast;…
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…
The US Dollar regained lost ground after strong US jobs data. NZD/USD remains bullish while above 0.5990. Below that level, the next support areas are 0.5925 and 0.5890. The New Zealand Dollar turned lower on Tuesday, weighed by a stronger US Dollar, but downside attempts have been contained at the 0.5990-0.6000 area, which keeps the broader upward trend intact….
2025.06.04 2025.06.04 US Dollar Struggles to Remain Resilient. Forecast as of 04.06.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Escalating trade conflicts, capital outflows resulting from tax burdens on investment, and the recession in the US economy could negatively impact American stock indices and the US dollar. Let’s discuss this topic and make a trading plan for the EURUSD pair. The article covers the…
