Senators returned to Capitol Hill for an unusual Sunday session as efforts intensified to bring an end to the 40-day government shutdown. While no formal votes were initially scheduled, Senate Majority Leader John Thune told reporters that “we plan to vote today” on a funding proposal intended to reopen parts of the government. The Senate released three draft spending…
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Friday, snapping a six-day losing streak after stronger-than-expected labor market data signaled resilience in Canada’s economy. At the time of writing, USD/CAD is trading around 1.4064, down nearly 0.35% on the day. According to Statistics Canada, the economy added 66.6K jobs in October, sharply beating expectations for a…
A tough week in US stock markets is getting tougher by the minutes. The S&P 500 is at the lows of the day, down 1.1% to 6646. That’s the loweset since Oct 17 as the late-October low is cracked and more stops are hit. The index is down 2.8% on the week compared to the Nasdaq down 4.6%. The…
GBP/USD clings to minimal gains on Friday amid the lack of economic data releases in the UK, as markets digest scarce economic data amid the ongoing US government shutdown. The pair trades at 1.3148, up 0.10% after hitting a daily low of 1.3095. Sterling edges higher as Dollar steadies; weak US sentiment data and Fed comments cap market optimism…
The EURUSD started the US session with the price higher and just above the broken 200 hour MA near 1.15525. Buyers on the dip in the early trading, defended that level and that has led to increased upside momentum with new highs for the week. The price has also moved to the next key target area defined by the…
The Euro (EUR) extends its rebound against the US Dollar (USD) on Friday, building on renewed weakness in the Greenback. At the time of writing, EUR/USD is trading near 1.1575, its highest level since October 30. The pair is showing strong upside momentum after briefly sliding to a three-month low on Wednesday and is on track to post a…
Mon: BoJ Summary of Opinions (Oct); Norwegian CPI (Oct), EZ Sentix (Nov), Chinese M2 & New Yuan Loans (Oct) Tue: US Veterans’ Day; New Zealand Inflation Forecasts (Q4), UK Unemployment Rate/Wages (Sep), EZ & German ZEW (Nov), US NFIB (Oct), ADP’s new weekly “preliminary” jobs estimate Wed: BoC Minutes (Oct), EIA STEO, OPEC MOMR Thu: IEA OMR; UK GDP…
GBP/USD hovers around 1.3150 as US shutdown dampens households’ sentiment GBP/USD clings to minimal gains on Friday amid the lack of economic data releases in the UK and as markets digest scarce economic data as the US government shutdown continues. The pair trades at 1.3148, up 0.10% after hitting a daily low of 1.3094. Read More… Pound Sterling declines…
2025.11.06 2025.11.05 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.11.2025 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: The final part of the bearish impulse appears to be forming, with its completion expected near the 98,794.62. low….
Gold has been a real battle this week as it consolidates around $4000 but it’s taken a quick trip to the best levels since Monday. It quickly rose to $4025 from $3990 in the past few minutes. It needs to get above the Oct 30 high of $4047 (call it $4050) to clear this consolidation zone but this is…
