Markets suffered another sharp leg lower on Thursday as a growing chorus of anti-cut Federal Reserve officials dampened December rate cut expectations, overshadowing the end of the government shutdown and triggering broad-based selling across equities and crypto while the dollar struggled to find direction. Check out the forex news and economic updates you may have missed in the latest…
GBP is taking a hit after the report that Starmer is going to drop plan to hike tax rates. FT: UK prime minister and chancellor have ‘ripped up’ earlier proposals to raise the basic and higher income tax rates, officials have said investingLive Exclusive 11m ago
New Zealand Business NZ PMI increased to 51.4 in October from previous 49.9
2025.11.13 2025.11.13 Mean Reversion vs Momentum Strategies in Forex: Which Trading Strategy Works Best Oleg Tkachenkohttps://www.litefinance.org/blog/authors/oleg-tkachenko/ Mean reversion and momentum trading are two strategies designed for different trading styles. Momentum trading assumes that a market impulse, when confirmed by fundamental factors and volume, will persist for a long time. Mean reversion, on the other hand, assumes that momentum is…
The Australian labor market just defied expectations, and traders everywhere are wondering what’s next for the Aussie Dollar. Will the Reserve Bank of Australia maintain its hawkish stance in December with another hold? With unemployment steady at an elevated 4.3%, full-time jobs surging, and inflation proving stickier than forecast, AUD/NZD is looking primed for further gains. Dive in…
The stock market continues to melt away with the NASDAQ index now down over 600 points or 2.58%. The low price of just reached 22798.31. That took the price below its 50 day moving average at 22809.83. The NASDAQ index traded below the 50 day moving average on Friday, but could not sustain momentum. The last time the price…
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack, in a fireside chat at the Economic Club of Pittsburgh on Thursday, she said that the United States (US) economy has been remarkably resilient and that some of inflation may be tariff-driven, but service inflation is a real concern. Key takeaways Anecdotal data has been important during government shutdown. The…
2025.11.13 2025.11.13 TOP Day Trading Patterns for Beginners: Updated Guide Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ Day trading means profiting from quick price movements by opening and closing trades within a day. This article explores popular day trading patterns, such as the Cup and Handle, Triangle, and Flag. These patterns help traders identify potential entry and exit points. Learn how to recognize them…
Markets rallied on Tuesday as the U.S. government shutdown moved closer to resolution, with the Senate passing a temporary funding measure that now heads to the House for approval, spurring optimism that delayed economic data releases will soon provide clarity on the Federal Reserve’s policy path. Oil surged as the standout performer, while Bitcoin tumbled more than 2% amid…
IN the video yesterday, I spoke to the 1.4000 level (see: USD Technicals: The USDCAD has set a floor this eek at 1.4000. That is good to know). Since then, the price did move below that floor level (yesterday in the NA afternoon), and found selling pressure. However, the low price yesterday fell short of the next target at…
