The Canadian Dollar (CAD) extends its losses against the US Dollar (USD) on Monday, as renewed Greenback strength and falling Oil prices weigh on the commodity-linked Loonie. At the time of writing, USD/CAD is trading around 1.3676, up about 0.44% on the day. Traders also digested the latest manufacturing Purchasing Managers Index (PMI) releases from both the United States…
2026.02.02 2026.02.02 Best Ways to Earn Passive Income From Crypto: 7 Proven Methods Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ Earning passive income from cryptocurrency is no longer a novelty. It has become a practical option for anyone looking to generate returns without diving into complex market analysis. As the market grows, regulations evolve, and DeFi infrastructure matures, income models have become more transparent…
Harry Dinkleburg just lost his beer money on a Cable short. Instead of accepting the loss, he blames the market, cracks his knuckles, and immediately shorts every pound pair he can find with oversized positions. A few bad clicks later, his son’s college fund is gone too. Harry rage quits before lunch. Harry lacks vigor. Vigor is your ability…
I saw some interesting charts last week showing that Florida housing inventory was trending lower. It went against one of the strongest macro trends in the past two years — housing weakness. Now it’s early days but that’s a theme worth exploring as there are some beaten up assets in the housing space and a resurgence in home prices…
Gold (XAU/USD) is trimming some losses on Monday after the sharp bearish correction witnessed on Friday and Monday’s Asian session. The precious metal has returned to levels near $4,800, trading at $4,766 at the time of writing, but still about 15% below Thursday’s highs above $5,600. US President Donald Trump’s announcement of former Federal Reserve governor Kevin Warsh as…
2026.02.02 2026.02.02 Aussie Loses Steam Despite RBA Hike Bets. Forecast as of 02.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ While markets are recovering from the news that Kevin Warsh is likely to become the new Fed chair, the US dollar is stabilizing. The RBA has an opportunity to push the AUD/USD pair higher. Let’s discuss this topic and make a trading plan. The…
The RBA is widely expected to hike rates this February, but what if the central bank still refrains from doing so? Our Event Guide for the RBA Decision suggests that a surprise decision to keep policy unchanged could still be accompanied by commentary keeping the door open for tightening much later on. Here’s what I’m watching…
Key details: New export orders rise for first time in four years Business optimism at highest level since before 2024 Autumn budget Comment: Rob Dobson, Director at S&P Global Market Intelligence “UK manufacturing made a solid start to 2026, showing encouraging resilience in the face of rising geopolitical tensions. Rates of output and order book growth accelerated, while new…
The US Dollar showed strength against all G10 currencies following President Trump’s nomination of Kevin Warsh as the next Fed Chair. This nomination is perceived as a move that may enhance central bank independence and ease concerns over the Dollar’s depreciation. The US Dollar index (DXY) ended higher, reflecting this bullish sentiment. UOB Group’s analysis indicates a complex interplay…
2026.02.02 2026.02.02 US Dollar Recovers After Warsh Announced As Fed Chair. Forecast as of 02.02.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US dollar’s best daily performance since May came after Donald Trump announced his choice for a new Fed chair. Kevin Warsh may support the central bank’s independence. This calmed investors. Let’s discuss this topic and make a trading plan for the…
